Forex Analysis
Japan Approves First New Crypto Exchange Registration Since 2022
Laser Digital Japan, Nomura's digital-asset arm, became Japan's first newly registered crypto exchange in four years. The approval arrives as Japan prepares str
Illustrative rates
Forex Analysis
Forex Analysis
Australian Dollar Slides After July Jobs Data Disappoints
The AUD fell after Australia shed 15.8K jobs in July, missing forecasts of 15K gains. Unemployment rose to 4.5%, easing RBA rate hike expectations.
Forex Analysis
UK Housing Prices and Hiring Intentions Weaken Ahead of Labour Data
UK asking prices fell 2.0% in August, the steepest drop since 2018, while employer hiring confidence held near post-pandemic lows.
Forex Analysis
Gold Stalls at 100-Day Moving Average After Muted US CPI Data
Gold failed to break higher after a subdued US CPI report. Price is testing the 100-day moving average with momentum starting to fade.
Forex Analysis
Global Broker Elev8 Secures Seychelles Licence, Strengthens Regulatory Framework
Elev8 has obtained a Securities Dealer licence from the Seychelles FSA, expanding its regulatory credentials as it grows its global brokerage operations.
Forex Analysis
DAX Elliott Wave 5 Targets 26,702 as Bullish Structure Holds
DAX completes wave 4 at 24,651 and confirms wave 5 uptrend. Initial target is 26,702 with room for further gains.
Forex Analysis
Interactive Brokers Platform Outage Disrupts Login During US Trading Hours
Interactive Brokers users reported login failures during US trading hours on Wednesday. The company later confirmed a technical issue affected a fraction of cli
Forex Analysis
Eurozone Inflation Rises in July; USD/JPY Hit by Suspected Intervention
Euro area inflation came in hotter than expected in July, keeping pressure on the ECB. A suspected second round of yen intervention rattled USD/JPY during the s
Forex Analysis
BNY Strategists See Fed Hold in July as Close Call
BNY expects the Fed to hold rates in July but flags September as likely. Inflation data and Middle East energy risks are key drivers.
Forex Analysis
CBR Expected to Hold Rate at 14.25% Despite Cut Pressure
Commerzbank expects Russia's CBR to hold its key rate at 14.25%. Rising inflation and commodity prices make easing difficult to justify.
Forex Analysis
Iran Reports Active Diplomacy, Proposals Received From Multiple Mediators
Iran says it has received proposals from several mediators for resumed negotiations, though key red lines on both sides remain firmly in place.
Forex Analysis
TSM: Elliott Wave Analysis Targets $700 in Grand Super Cycle
TSMC holds a dominant position in AI chip manufacturing. Elliott Wave analysis points to a $700 price target within the Grand Super Cycle.
Forex Analysis
PBOC to Set USD/CNY Reference Rate at 0115 GMT
The PBOC sets its daily USD/CNY midpoint at 0115 GMT, a key signal for Asian FX markets. The yuan trades within a 2% band around this rate.
Forex Analysis
Japan PPI Hits 7.4% in June, Fastest Pace Since 2023
Japan's producer inflation surged 7.4% year-on-year in June, beating forecasts. Energy costs, AI demand, and a weak Yen drove the acceleration.
Forex Analysis
Eurozone Retail Sales Rise 0.2% MoM in May, Led by Food
Eurozone retail sales matched expectations with a 0.2% monthly gain in May. Food, drinks and tobacco led growth while automotive fuel dragged.
Forex Analysis
CFTC Fines Netrios and Red Acre $2.5 Million for Off-Exchange Trades
The CFTC fined offshore firms Netrios and Red Acre a combined $2.5 million for facilitating unregistered off-exchange trades for US retail clients.
Forex Analysis
EURGBP Sells Off After Elliott Wave Blue Box Zone Reaction
EURGBP completed a corrective wave structure and reversed lower from a predefined Blue Box zone, validating the Elliott Wave forecast.
Forex Analysis
Cboe Launches Regulated Binary Options Through Cboe Predicts Platform
Cboe Global Markets has launched Cboe Predicts, listing binary options on the Mini-S&P 500 as regulated securities, now live on Interactive Brokers.
Forex Analysis
Kalshi Hits $5.5B in Crypto Perps, Expanding Beyond Prediction Markets
Kalshi has processed $5.5B in crypto perpetual futures volume. The platform is moving beyond prediction markets into broader derivatives trading.
Forex Analysis
Deutsche Bank: Fed Under Warsh to Drop Easing Bias, Skip 2026 Cut Signal
Deutsche Bank expects the Fed's first meeting under Chair Kevin Warsh to hold rates but remove the easing bias and drop signals of a 2026 cut.