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Chinese Yuan: Policymakers guide measured RMB appreciation – OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that USD/CNH is trading near recent lows as Chinese policymakers allow a measured pace of Renminbi (RMB) appreciation while resisting an overly rapid move via a sizeable fixing premium.
Mon, Aug 17
United States: Washington hardens AI alignment strategy - Rabobank
Rabobank’s Senior Macro Strategist Bas van Geffen describes Washington’s emerging carrot-and-stick approach to artificial intelligence, extending its Pax Silica framework.
Mon, Aug 17
A crushed US Dollar sends Gold into a rally above $4,400
Gold (XAU/USD) price rises over 1% on Monday amid overall US Dollar (USD) weakness and lower US Treasury yields, following last week’s soft inflation data that reduced speculation of a hawkish Federal Reserve (Fed), . The XAU/USD trades at $4,422 after bouncing off daily lows of $4,367.
Mon, Aug 17
USD/CHF Price Forecast: Bulls need a break above 0.8200 to regain momentum
USD/CHF rebounds on Monday as the US Dollar (USD) recovers from its early losses. At the time of writing, the pair trades around 0.8112 after touching an intraday low of 0.8072, its lowest level in over a week.
Mon, Aug 17
Silver Price Forecast: XAG consolidates as haven demand returns
Silver price surges nearly 1.80% on Monday as the Greenback dives, while uncertainty over the US-Iran conflict clouds investor sentiment. It seems like the precious metals segment reacquired its haven status, even though Oil prices edged higher.
Mon, Aug 17
Euro returns below 1.1600 as US Dollar selling pressure eases
EUR/USD trims earlier gains on Monday as the US Dollar (USD) shows signs of stabilization after opening the week under selling pressure. At the time of writing, the pair trades around 1.1580 after touching an intraday high of 1.1614, its highest level since June 17.
Mon, Aug 17
Strategy pauses Bitcoin sales, increases USD Reserve to $4.8 billion
Bitcoin (BTC) treasury firm Strategy (MSTR) increased its USD Reserve to $4.8 billion after raising $333.7 million through common stock sales, while also repurchasing $132.2 million of its STRC preferred shares, according to a Form 8-K filing on Monday.
Mon, Aug 17
EUR/GBP trades in a tight range ahead of UK jobs data
EUR/GBP is holding a narrow band around the mid-0.8500s with little conviction in either direction. At the time of writing, the cross is close to flat on the day.
Mon, Aug 17
The US Dollar Index cannot rally with Washington on the offer
The Dollar Index trades near 99.50, roughly a tenth of a percent lower, having opened directly on its 200-day Exponential Moving Average (EMA) and failed there inside the first minutes, with a session low just above 99.25 taking out the August range.
Mon, Aug 17
The Dow Jones Industrial Average lets refiners price the war
The Dow Jones Industrial Average trades near 53,550, down close to 200 points and roughly 1,200 beneath the record printed on August 5, on the day the 60-day negotiating window that was meant to end the war over the Strait of Hormuz lapses with nothing agreed to replace it.
Mon, Aug 17
Bitcoin vs Gold Forecast: BTC rebounds while XAU approaches key breakout
Bitcoin (BTC) is trading toward $64,000 at the time of writing on Monday, in line with mild gains in the broader cryptocurrency market. Meanwhile, Gold (XAU/USD) retains a bullish bias, edging toward a short-term breakout at $4,500.
Mon, Aug 17
WTI Oil climbs above $82 as Washington-Tehran standoff reignites supply concerns
West Texas Intermediate (WTI) US Oil advances on Monday and trades around $82.10 at the time of writing, up 0.68% on the day. Oil prices remain supported by the deadlock between the United States (US) and Iran, which keeps concerns about Oil flows through the Strait of Hormuz elevated.
Mon, Aug 17
British Pound edges higher as traders await UK jobs CPI data
The Pound Sterling registers modest gains of 0.14% on Monday as investors digest softer-than-expected US inflation data and brace for the release of crucial UK jobs and inflation data. The GBP/USD trades at 1.3552 after bouncing off daily lows of 1.3524.
Mon, Aug 17
Japanese Yen struggles despite rising bond yields and BoJ hike bets
USD/JPY rebounds on Monday after coming under selling pressure earlier in the day, as the Japanese Yen (JPY) struggles to gain traction despite a weaker US Dollar (USD). At the time of writing, the pair trades around 159.25, recovering from an intraday low of 158.85.
Mon, Aug 17
Silver accelerates above $66 as Fed expectations shift
Silver (XAG/USD) extends its advance on Monday and trades around $66.30 at the time of writing, up 2.47% on the day.
Mon, Aug 17
Australian Dollar climbs to two-month highs amid a soft US Dollar
AUD/USD extended its recovery on Monday, pushing to fresh 10-week highs and holding near the 0.7100 zone. At the time of writing, the pair is 0.40% up for the day, driven almost entirely by a broadly weak US Dollar (USD) rather than anything positive out of Australia.
Mon, Aug 17
British Pound: Bullish bias with data risk ahead against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret note British Pound (GBP) is underperforming core European peers but has still reached a three‑month high against the US Dollar (USD).
Mon, Aug 17
Dogecoin Price Forecast: DOGE eyes modest gains in August
Dogecoin (DOGE) retains a neutral-to-slightly bullish outlook at the time of writing on Monday. The largest meme coin hovers above $0.070, a critical support level that, if defended, could encourage bulls to increase exposure and raise the chances of a steady recovery.
Mon, Aug 17
China: High-tech sectors cushion broader slowdown – ING
According to ING’s Lynn Song, Chinese industrial production growth slowed more than expected in July but remains relatively resilient compared with other domestic indicators.
Mon, Aug 17
US Dollar: Faces renewed downside risk – Commerzbank
Commerzbank’s Volkmar Baur notes that the US Dollar (USD) has weakened against the Euro (EUR) as markets steadily scale back expectations for further Federal Reserve (Fed) tightening relative to other G10 central banks.
Mon, Aug 17
