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Forex
Euro comes under pressure against US Dollar after mixed US PCE data
EUR/USD trades under modest pressure on Wednesday after the US Personal Consumption Expenditures (PCE) Price Index delivered a mixed inflation picture. Headline inflation came in above expectations, supporting the US Dollar (USD), although an in-line core reading limited the market reaction.
EUR/USD
US Dollar Index
Fxstreet
Wed, Aug 26
Forex
Canadian Dollar: Trade dispute risks weigh on Canada – BNY
BNY’s Geoff Yu reports that Washington is considering further trade penalties against Canada after Ottawa’s dollar-for-dollar retaliation to new U.S. tariffs. Canada plans to double counter-tariffs on U.S. steel and aluminum and add new duties on a range of goods.
USD/CAD
Fxstreet
Wed, Aug 26
Forex
Australian Dollar: Hot CPI supports carry and RBA risk – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad reports the Australian Dollar (AUD) is outperforming after hotter-than-expected July Consumer Price Index (CPI) data lifted Reserve Bank of Australia (RBA) rate hike expectations.
AUD/USD
Fxstreet
Wed, Aug 26
Cryptocurrencies
It’s Nvidia Day: Watch the biggest company on earth report earnings live at the bell
Nvidia reports after Wednesday’s closing bell, with Wall Street expecting $2.09 EPS and $92.2 billion in Q2 revenue. The stock has fallen the day after each of Nvidia’s last four earnings reports, even when the company beat or met the big numbers, so expectations are brutally high. Wall Street expects $103.7 billion in Q3 sales,...
Cryptopolitan
Wed, Aug 26
Economic Indicator
Swiss Franc: Weakness before renewed strength – Commerzbank
Commerzbank FX analyst Michael Pfister argues that the Swiss Franc (CHF) will stay under pressure through 2026 as markets gradually price out expectations of a Swiss National Bank (SNB) rate hike.
EUR/CHF
USD/CHF
Fxstreet
Wed, Aug 26
Forex
Euro holds upper hand against British Pound on diverging ECB-BoE expectations
EUR/GBP edges higher on Wednesday, though price action remains confined to the narrow range that has been in place since late July, largely between 0.8540 and 0.8580.
EUR/GBP
Fxstreet
Wed, Aug 26
Market Movers
US Cocoa Futures (COCOA-F) Is up 2.23% on Aug 26: What Changed in Supply and Demand?
• Cocoa futures advanced due to downgraded harvest forecasts in West African nations. • Weather risks and tree disease contributed to tighter global supply surplus forecasts. • Technical indicators showed mixed signals while institutional investors built long positions.
US Cocoa Futures
TradingKey
Wed, Aug 26
Forex
Japanese Yen: Intervention impact assessed – Rabobank
Rabobank's Senior FX Strategist Jane Foley reviews Japan’s FX intervention and its impact on USD/JPY.
USD/JPY
Fxstreet
Wed, Aug 26
Cryptocurrencies
Moonshot AI wants to claim 30% revenue from U.S. cloud giants
Chinese AI startup Moonshot AI is reportedly in talks with U.S. cloud giants, Microsoft, Amazon, and Google, in a licensing arrangement that could include charging the companies as much as 30% of their revenue from reselling its open-weight Kimi K3 model. Moonshot AI has already been in the news over a requirement that applies to...
Cryptopolitan
Wed, Aug 26
Economic Indicator
US Dollar: Softer energy supports carry trades – ING
ING’s Chris Turner notes that lower Oil prices and the recent intervention by US Treasury Secretary Scott Bessent have pushed long-end US yields 10–15bp lower, reducing FX and equities volatility.
US Dollar Index
Fxstreet
Wed, Aug 26
Forex
Indian Rupee poised for positive opening on Thursday amid lower oil prices
The Indian Rupee (INR) is expected to open on a positive note against the US Dollar (USD) on Thursday after a holiday on Wednesday on account of Id-e-Milad. On Tuesday, the USD/INR pair declined 0.35% to near 95.40 due to weaker oil prices, which also led to a sharp decline in US Treasury Yields.
Brent
Fxstreet
Wed, Aug 26
Cryptocurrencies
Bitcoin Price Forecast: BTC recovery stalls near $80,000 as ETF inflows mount, whale demand strengthens
Bitcoin (BTC) price is trading in the green on Wednesday, holding above $78,000 while struggling to extend its recovery above the $80,000 mark. Institutional demand is strengthening, with steady inflows and BlackRock’s tax-deferred Bitcoin-to-ETF swap volume reaching $5 billion.
Bitcoin
Fxstreet
Wed, Aug 26
Forex
Euro: ECB tightening outlook offers support against US Dollar - BNY
BNY's Geoff Yu highlights that European Central Bank (ECB) Executive Board member Isabel Schnabel sees further rate hikes as necessary, with Euro area inflation risks still tilted to the upside and growth more resilient than expected.
EUR/USD
Fxstreet
Wed, Aug 26
Forex
Japanese Yen treads water around 159.00 with US PCE Inflation on tap
The Japanese Yen (JPY) ticks higher against the US Dollar (USD) on Wednesday but keeps looking for direction, as investors bide their time, awaiting an array of key US macroeconomic releases due later on the day.
USD/JPY
Fxstreet
Wed, Aug 26
Cryptocurrencies
Circle’s $5B USDC mint puts stablecoin demand back in focus
Circle minted around $5 billion worth of USDC over the past week, according to on-chain data. This comes in when the demand for dollar-backed stablecoins continues to grow. The surge in issuance has caught traders’ attention because large USDC mints can signal that more liquidity is preparing to enter crypto markets. However, the process of gross...
Cryptopolitan
Wed, Aug 26
Economic Indicator
Australian Dollar: RBA tightening risks rise – TD Securities
TD Securities’ Prashant Newnaha highlights that Australia’s July Consumer Price Index (CPI delivered a strong inflation impulse, with headline and trimmed mean measures beating consensus and remaining uncomfortably high.
AUD/USD
Fxstreet
Wed, Aug 26
Indices
US Dollar Index: Range-bound consolidation as PCE looms – BBH
Brown Brothers Harriman’s (BBH) Elias Haddad notes the US Dollar (USD) is firm, consolidating just above recent lows following the US Treasury buyback announcement.
US Dollar Index
Fxstreet
Wed, Aug 26
Cryptocurrencies
DeepSeek reveals 10X revenue growth ahead of $74B valuation funding round
DeepSeek gained fresh momentum for its pre-IPO funding round at an estimated 500 billion yuan ($74 billion) valuation when its revenue report for 2026 up to July landed at 475 million yuan ($70.7 million). The ten times revenue boost on what the Chinese AI startup earned in all of 2025 is the latest disruptive info...
Cryptopolitan
Wed, Aug 26
Commodities
Gold slips ahead of US PCE as US Dollar firms modestly
Gold (XAU/USD) edges lower on Wednesday as buyers trim their exposure ahead of the US Personal Consumption Expenditures (PCE) Price Index data, due at 12:30 GMT. At the time of writing, XAU/USD trades around $4,615 after reaching $4,697 on Tuesday, its highest since May 14.
Gold
Fxstreet
Wed, Aug 26
Forex
GBP/USD Price Forecast: Hits fresh intra-week lows after failure at 1.3660 resistance
The British Pound (GBP) pares gains against the US Dollar (USD) on Wednesday, with bears testing the bottom of the intra-week trading range at the 1.3620 area, after failure to breach resistance at 1.3660.
GBP/USD
Fxstreet
Wed, Aug 26
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