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Silver Price Forecasts: XAG/USD corrects lower from $67.00 resistance area
Silver (XAG/USD) trades lower on Tuesday, retreating to levels below $64.50, after rejection at seven-week highs around $66.60 on Monday.
Tue, Aug 11
British Pound: Upside tests but capped near 1.3555 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight that GBP/USD extended last week’s rally, but overbought conditions should confine intraday moves to a 1.3490–1.3535 band.
Tue, Aug 11
Swiss Franc weakens as market caution lifts US Dollar
USD/CHF extends its gains for the second successive day, trading around 0.8110 during the early European hours on Tuesday. The currency pair has pushed higher as the US Dollar (USD) erased its intraday losses, fueled by a sharp rally in crude oil driven by heightened geopolitical tensions.
Tue, Aug 11
Bitcoin Price Forecast: BTC retreats as ETF outflows, US‑Iran stalemate revive inflation worries
Bitcoin (BTC) struggles below $64,000 at the time of writing on Tuesday as rising Oil prices and uncertainty surrounding the US-Iran stalemate weigh on risk sentiment.
Tue, Aug 11
Japanese Yen: BoJ tightening key to recovery against US Dollar - OCBC
OCBC’s Sim Moh Siong and Christopher Wong highlight that Japan’s recent FX intervention, backed by United States (US) involvement, has not fully reversed Japanese Yen (JPY) weakness, with USD/JPY near 159 after retracing much of its post-intervention drop.
Tue, Aug 11
Pi Network Price Forecast: PI holds at key support as broader market declines
Pi Network (PI) steadies around $0.08745 on Tuesday after two consecutive days of losses, capped below the $0.1000 psychological threshold. Retail demand in PI derivatives remains firm, with Open Interest above $9 million, even as broader crypto market sentiment wanes.
Tue, Aug 11
Oil: Upside risks persist as deal optimism fades – ING
ING analysts Warren Patterson and Ewa Manthey note that Oil prices are firmer as optimism over a potential US–Iran deal fades, keeping supply risks elevated.
Tue, Aug 11
WTI Price Forecast: Refreshes weekly high at $82.70 as oil supply uncertainty deepens
West Texas Intermediate (WTI), futures on NYMEX, trade 1.55% higher at around $82.70 during the European trading session on Tuesday, the highest level seen in over a week.
Tue, Aug 11
British Pound consolidates around 1.3500 vs USD; looks to US CPI, UK GDP for fresh impetus
The GBP/USD pair seesaws between tepid gains and minor losses through the early European session on Tuesday, though it remains close to the highest level since July 16 set the previous day.
Tue, Aug 11
Euro drifts below 1.1550 as hopes of a swift US-Iran peace deal wane
The Euro (EUR) nudges lower against the US Dollar (USD) on Tuesday, weighed by the stalemate in the US-Iran negotiations and higher oil prices, which put additional pressure on the crude-importing eurozone economies.
Tue, Aug 11
Forex Today: Fading hopes of a US-Iran deal weighs on market mood
Here is what you need to know on Tuesday, August 11:
Tue, Aug 11
Australian Dollar: RBA holds rates but downside bias persists – Commerzbank
Commerzbank’s Volkmar Baur reports that the Reserve Bank of Australia (RBA) left interest rates unchanged in a unanimous decision, with forecasts showing higher unemployment and lower short-term inflation.
Tue, Aug 11
Euro: Gains capped below key resistance against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann note EUR/USD has stalled after last week’s surge, with flat momentum pointing to a 1.1530–1.1560 intraday range.
Tue, Aug 11
AUD/USD Price Forecast: Aussie spikes down sub-0.7050 as RBA’s Bullock speaks
The Australian Dollar (AUD) has reacted with moderate declines against the US Dollar (USD) following Reserve Bank of Australia Governor Michelle Bullock's speech on Tuesday.
Tue, Aug 11
Australian Dollar declines against New Zealand Dollar following RBA decision
AUD/NZD pares its daily gains, trading around 1.1960 during the Asian hours on Tuesday. The Australian Dollar (AUD) has drifted lower following the Reserve Bank of Australia’s (RBA) latest monetary policy decision, keeping the currency cross on a weaker footing.
Tue, Aug 11
Dogecoin Price Forecast: Bullish divergence, whale accumulation support recovery hopes
Dogecoin (DOGE) shows early signs of a potential recovery, trading near $0.070 at the time of writing on Tuesday as bullish momentum divergence suggests selling pressure may be fading.
Tue, Aug 11
Indian Rupee opens lower as Trump demands war compensation
The Indian Rupee (INR) opens on a cautious note against the US Dollar (USD) on Tuesday. The USD/INR pair rises further to near 95.40 as surging oil prices due to escalating fears of a prolonged global supply disruption have weakened the Indian currency.
Tue, Aug 11
Indonesian Rupiah stays under pressure as Retail Sales YoY decline in June
USD/IDR gains ground after two days of losses, trading around 17,850 during the Asian hours on Tuesday.
Tue, Aug 11
Australian Dollar dips after RBA's on-hold decision as traders eye post-meeting presser
The AUD/USD pair slides below mid-0.7000s after the Reserve Bank of Australia (RBA) announced its policy decision, though it lacks follow-through.
Tue, Aug 11
Australian Dollar falls sharply against Yen after RBA’s monetary policy decision
The Australian Dollar (AUD) faces selling pressure against its major currency peers, trading 0.15% lower at around 112.20 against the Japanese Yen (JPY) during the Asian trading session on Tuesday.
Tue, Aug 11
