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Equities: Mixed performance across regions – Deutsche Bank
Deutsche Bank strategists highlight a mixed global equity picture, with the Nikkei, CSI 300, Shanghai Composite and Hang Seng all advancing, while US equity futures, led by NASDAQ, also point higher.
Mon, Aug 17
British Pound: Data mix limits sustained gains against US Dollar – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad says improving United Kingdom (UK) disinflation alongside solid Q2 Gross Domestic Product (GDP) should support the British Pound (GBP) against the US Dollar (USD) and Euro (EUR), but sees limited scope for a lasting rally.
Mon, Aug 17
Japanese Yen: Nominal growth underpins cautious strength – Commerzbank
Commerzbank’s Volkmar Baur says solid nominal growth and higher-than-expected inflation should keep pressure on the Bank of Japan (BoJ) to raise rates again as early as September or October.
Mon, Aug 17
Silver Price Forecasts: XAG/USD approaches $66.00 favoured by a softer US Dollar
Silver (XAG/USD) trades on a strong footing on Monday, reaching levels above $65.80 at the European session opening times, after bouncing from the $63.50 area on Friday.
Mon, Aug 17
Euro: Upside bias targets 1.1590 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights that EUR/USD surged to 1.1585, leaving the Euro (EUR) with a firmer tone against the US Dollar (USD). Intraday, the pair could extend gains toward 1.1590, though 1.1610 is seen as strong resistance.
Mon, Aug 17
Pepe Price Forecast: Pepe defends a key support amid mixed retail demand
Pepe (PEPE) is up nearly 2% on Monday after a 10% decline last week, showing signs of a mild recovery, while broader crypto market risk appetite remains weak. PEPE derivatives data point to a mixed outlook, as Open Interest declines while funding rates turn positive.
Mon, Aug 17
British Pound gathers strength above 1.3550 as softer US data cools Fed hike bets
The GBP/USD pair gains traction to near 1.3555 during the early European trading hours on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as bets for a US Federal Reserve (Fed) rate hike come down.
Mon, Aug 17
Solana Price Forecast: SOL holds above $75 as ETF inflows lift bulls
Solana (SOL) price trades above $75 at the time of writing on Monday after declining 2.18% last week and finding support at an ascending trendline. Continued inflows into spot SOL Exchange Traded Funds (ETFs) suggest sustained investor demand.
Mon, Aug 17
Indonesian Rupiah strengthens amid Prabowo's growth target, weaker US Dollar
USD/IDR extends its losses for the second successive day, trading around 17,820 during the Asian hours on Monday. The pair may face thin trading conditions as trading volumes remain subdued amid Indonesia’s Independence Day holiday.
Mon, Aug 17
USD/JPY Price Forecast: Struggles near 159.00; seems vulnerable below 50% Fibo.
The USD/JPY pair attracts some sellers at the start of a new week, though it lacks bearish conviction and shows some resilience below the 159.00 mark during the Asian session.
Mon, Aug 17
Euro rallies to two-month high, eyes 1.1600 as USD struggles amid receding Fed hike bets
The EUR/USD pair builds on last week's bounce from the vicinity of the 1.1500 psychological mark and attracts follow-through buyers for the third straight day.
Mon, Aug 17
Cardano Price Forecast: Whale selling, weak momentum put ADA at risk
Cardano (ADA) nears key support zone, trading at $0.177 on Monday after correcting over 10% the previous week. The price decline is supported by whale wallet offloading ADA tokens.
Mon, Aug 17
AUD/JPY Price Forecast: Edges higher above 113.00, bullish bias prevails above 100-day SMA
The AUD/JPY cross trades in positive territory near 113.00 during the early European session on Monday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid weaker-than-expected Japanese Gross Domestic Product (GDP) data.
Mon, Aug 17
Indian Rupee holds ground despite RBI ending FCNR forex swap window early
The Indian Rupee (INR) trades stronger against the US Dollar (USD) on Monday after two days of losses, with the USD/INR pair trading around 95.50 at the time of writing.
Mon, Aug 17
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Mon, Aug 17
Gold remains close to June 5 high as receding Fed hike bets undermine USD
Gold (XAU/USD) builds on Friday's bounce from the $4,300 neighborhood, or a one-week low, and gains some follow-through positive traction at the start of a new week.
Mon, Aug 17
Crypto Market Overview: Bitcoin holds at $63,000 – WLD, WLFI lead gains
Bitcoin (BTC) trades around $63,000 on Monday, edging higher after a 3% decline last week. Risk-off sentiment persists in the crypto market amid Israeli attacks on Lebanon and US plans for fresh sanctions on Iran.
Mon, Aug 17
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC holds critical support, ETH awaits directional move, XRP weakens
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) begin the week on a cautious note after slipping over 3%, 1.5%, and 3.5%, respectively, in the previous week. BTC finds support around the key $62,300 level while ETH continues to trade sideways.
Mon, Aug 17
EUR/JPY Price Forecast: Tests rising wedge bottom near 184.00
EUR/JPY depreciates after two days of gains, trading around 184.20 during the Asian hours on Monday.
Mon, Aug 17
United States Dollar Index weakens to near 99.50 as traders push back Fed rate hike bets
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.50 in the Asian trading hours on Monday. The DXY loses momentum as data showed US Retail Sales unexpectedly declined in July.
Mon, Aug 17
