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US Dollar: Policy risks keep downside bias – ING
ING’s Chris Turner, Francesco Pesole and Frantisek Taborsky note the Dollar starts the week soft as markets await US policy signals from the White House.
Mon, Aug 24
Ripple Price Forecast: XRP risks deeper correction after stretched momentum
Ripple (XRP) is correcting on Monday, trading around $1.48, a 13% drop from last week’s peak of $1.70. The remittance token surged about 72% from $1.00 last week, in line with the broader crypto market’s bullish outlook.
Mon, Aug 24
Australian Dollar: Cooling inflation but carry remains supportive – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad expects Australia’s July Consumer Price Index (CPI) to ease, with headline and trimmed mean inflation drifting lower, in line with softer labor conditions and wage growth.
Mon, Aug 24
WTI Oil retreats toward $85 ahead of US economic offensive against Iran
West Texas Intermediate (WTI) US Oil falls 1.55% on Monday and trades around $85.00 at the time of writing, giving back some of its recent gains as investors take profits ahead of the announcement of new US sanctions against Iran.
Mon, Aug 24
CEE FX: Koruna leads as policy diverges – Commerzbank
Commerzbank’s Tatha Ghose reviews recent CEE FX performance, noting that the euro’s strength above 1.17 has supported high-beta PLN and HUF, while the Czech koruna has also gained despite its lower beta profile.
Mon, Aug 24
Silver Price Forecast: Buyers stall near $70 after strong rally
Silver (XAG/USD) is little changed on Monday, fluctuating between modest gains and losses near its highest level since mid-June, with buyers struggling to clear the $70 psychological mark.
Mon, Aug 24
Hungarian Forint: MNB easing and HUF carry prospects – BNY
BNY’s Geoff Yu describes Hungary as a constructive story within EMEA, with post-election re-rating and scope for continued MNB easing.
Mon, Aug 24
Canadian Dollar: GDP rebound supports Loonie – TD Securities
TD Securities economists Robert Both and Emma Lawrence expect Canada’s Q2 National Accounts to show a sharp rebound in Gross Domestic Product (GDP) growth, driven by stronger exports and solid services activity.
Mon, Aug 24
US Dollar: Debasement narrative caps upside – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note that the US Treasury’s expanded long-end buyback programme has revived market fears of Dollar debasement, driving a weaker USD, stronger Gold and higher breakevens.
Mon, Aug 24
Experts agree: Japanese Yen needs more than intervention to take off from lows
The Japanese Yen (JPY) extends losses against the US Dollar (USD) in a calm trading session on Monday.
Mon, Aug 24
Gold: Breakout sustains upward momentum – Societe Generale
Societe Generale analysts highlight that Gold has broken out of a small base formation, reclaimed its 200‑DMA and is enjoying an extended rebound. The move is framed within broader Dollar debasement concerns and rising term premium.
Mon, Aug 24
Euro: Positioning supports gradual gains against US Dollar – ING
ING’s Chris Turner highlights futures data showing asset managers and leveraged funds adding Euro exposure, leaving speculators underweight. He notes recovering German IFO and Eurozone PMIs, and sees limited need for EUR/USD to drop sharply below 1.1660/70 unless risk assets suffer.
Mon, Aug 24
Gold extends rally as markets await US PCE and Warsh’s Jackson Hole speech
Gold (XAU/USD) extends its advance on Monday, building on the strong rally seen last week following the US Treasury’s buyback announcement. At the time of writing, XAU/USD trades around $4,644, up nearly 0.90% on the day, at levels last seen on May 15.
Mon, Aug 24
New Zealand Dollar: Retail slump yet hikes priced – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad highlights that New Zealand retail sales volumes unexpectedly fell in Q2, driven by fuel and motor-related categories, while core sales still rose, showing resilient domestic demand.
Mon, Aug 24
AUD/USD Price Forecast: Aussie eases from 12-week highs with bulls still in command
The Australian Dollar (AUD) ticks lower against the US Dollar (USD) on Monday, but maintains its broader bullish tone, with the AUD/USD pair trading at 0.7164, a few pips shy of the 12-week high of 0.7180 hit last Friday.
Mon, Aug 24
Crypto Today: Bitcoin, Ethereum and XRP pull back as rally cools
The cryptocurrency market is broadly correcting on Monday as investors shift focus to profit-taking after last week’s rally. Bitcoin (BTC) is edging lower amid capped upside below $80,000, with immediate support at $77,000.
Mon, Aug 24
Gold Price Forecast: XAU/USD pushes higher, but overbought RSI warns bulls
Gold (XAU/USD) maintains a bullish bias on Monday and trades near its highest levels since mid-May.
Mon, Aug 24
New Zealand Dollar edges down from highs amid soft retail consumption data
The New Zealand Dollar ticks down against the US Dollar on Monday, weighed by an unexpected decline in New Zealand’s Retail Sales in the second quarter of the year.
Mon, Aug 24
US Dollar: Event-driven risks shape debasement narrative – MUFG
MUFG’s Derek Halpenny notes the US Dollar is broadly stable as investors focus on US Treasury actions to contain long-term yields and renewed talk of Dollar debasement.
Mon, Aug 24
Euro steadies against Japanese Yen as markets weigh ECB, BoJ rate hikes
EUR/JPY trades around 185.70 on Monday at the time of writing, virtually unchanged on the day.
Mon, Aug 24
