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Chinese Yuan: Measured appreciation with strong RMB – OCBC
OCBC’s Sim Moh Siong and Christopher Wong note USD/CNH slipped after weak US payrolls, with the Renminbi (RMB) near its strongest levels in over three years.
Tue, Aug 11
Singapore Dollar: Range bias with upside risk against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann expect USD/SGD to remain in a tight intraday band after Monday’s modest rebound, with the pair seen between 1.2785 and 1.2815.
Tue, Aug 11
Australian Dollar: Policy risks balanced as inflation lingers – Standard Chartered
Standard Chartered’s Nicholas Chia reports that the Reserve Bank of Australia (RBA) kept the cash rate at 4.35% in a unanimous decision, as widely expected. Chia notes the RBA sees inflation returning to the midpoint of its 2–3% target only by late 2027.
Tue, Aug 11
British Pound: Sterling recovery eyes 1.36 caps against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret observe that the British Pound (GBP) is consolidating gains near the top of its one-month and multi-month ranges, with price action closely tied to fading downside risk reversals.
Tue, Aug 11
Forex Today: US Dollar on pause ahead of US CPI
The US Dollar Index (DXY) is trading little changed in the vicinity below the 100.00 price zone ahead of the United States (US) July Consumer Price Index (CPI), which is expected on Wednesday.
Tue, Aug 11
Oil: Strait of Hormuz risk premium – Commerzbank
Commerzbank’s energy team notes fading hopes for a US–Iran agreement to reopen the Strait of Hormuz, driving Brent toward USD 90 and gas oil to nearly USD 1,350 per ton. Drone attacks on refineries in Saudi Arabia, Russia, Libya and tight diesel supply add to the risk premium.
Tue, Aug 11
WTI Price Forecast: Buyers defend 21-day SMA as bullish bias holds
West Texas Intermediate (WTI) Oil trades modestly higher on Tuesday after two-way price swings, as headlines from the Middle East keep energy markets volatile. At the time of writing, WTI trades around $82.13, up more than 7% so far this week.
Tue, Aug 11
The US Dollar Index has no dovish tail to price
Tuesday gives the Dollar Index a session with almost nothing in it.
Tue, Aug 11
Singapore: Growth set to run above potential – UOB
UOB economist Jester Koh highlights that Singapore’s 2Q26 Gross Domestic Product (GDP) was revised up to 5.9% year-on-year and 1.4% quarter-on-quarter, driven by AI-related strength in manufacturing and modern services.
Tue, Aug 11
Silver Price Forecast: XAG pullback puts $63.50 in focus
Silver price reverses its course, drops some 2.70% on Tuesday, even though US Treasury yields and the Greenback remained steady, amid news that if the US does not comply with Iran’s demands, the Strait of Hormuz would remain closed. The XAG/USD trades at $64.77, after hitting a daily high of $66.49.
Tue, Aug 11
Japanese Yen pares losses ahead of US inflation report
The Japanese Yen (JPY) trades flat above 159.00 on Tuesday after several days of US Dollar (USD) strength following the intervention that briefly boosted the Yen. The pair has retraced most of its sharp intervention-driven decline, facing pressure from elevated Oil prices and a firm US Dollar (USD).
Tue, Aug 11
Gold eases amid firm US Dollar as CPI and Hormuz risks loom
Gold (XAU/USD) price registers modest losses on Tuesday, driven by a firm US Dollar as traders await the release of crucial US inflation data and the potential reopening of the Strait of Hormuz. The rise in energy prices is also capping the yellow metal´s advance.
Tue, Aug 11
Fed’s Goolsbee: Inflation is the “biggest problem” of the economy
The Chicago Fed President Austan Goolsbee revealed in a video posted by Wired, that “The biggest problem facing our economy right now is not the collapse of industry and the collapse of jobs; it's that the prices have been rising too fast, we got an inflation problem and people hate inflation.”
Tue, Aug 11
Iran took back the Dow Jones Industrial Average breakout
The Dow Jones Industrial Average broke the three-session coil that had pinned it beneath its record, traded up through 54,200, and has since surrendered the entire move.
Tue, Aug 11
Shiba Inu Price Forecast: SHIB extends sell-off despite surging futures Open Interest
Shiba Inu (SHIB) maintains a bearish outlook on Tuesday, as it edges lower at $0.00000450. This marks the seventh day the meme coin has sustained a sell-off, weighed down by a weak technical structure.
Tue, Aug 11
USD/CHF Price Forecast: Buyers struggle to clear the 21-day SMA
USD/CHF trades with a positive bias on Tuesday as the US Dollar (USD) consolidates its recent gains ahead of Wednesday’s US Consumer Price Index (CPI) data. Price action has stabilized above the 50-day Simple Moving Average (SMA) following a sharp pullback from above 0.8200 in late July.
Tue, Aug 11
Euro: Consolidation holds in mid 1.15s against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that the Euro (EUR) is steady, extending a tight consolidation around the mid-1.15s after the Dollar’s late-July Fed-driven decline.
Tue, Aug 11
New Zealand Dollar remains under pressure as Middle East tensions support US Dollar
NZD/USD trades around 0.5880 on Tuesday at the time of writing, virtually unchanged on the day with a 0.03% decline.
Tue, Aug 11
British Pound holds near 1.3500 as US CPI, UK GDP loom
The Pound Sterling holds firm against the Greenback on Tuesday following the release of US jobs data, which was softer than expected, while investors await US inflation data and UK data releases on Thursday. The GBP/USD trades at 1.3508, nearly unchanged.
Tue, Aug 11
Japanese Yen: Intervention risks and Fed path – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses USD/JPY ahead of the United States (US) July Consumer Price Index (CPI) release, highlighting how softer US inflation could weaken the Dollar and lower the odds of another break above USD/JPY160.
Tue, Aug 11
