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Daily market news for retail traders — Forex, Gold, crypto, macro events, geopolitical developments, and central bank decisions, summarised and framed for traders.

Markets

Canadian Dollar weakens as safe-haven demand supports US Dollar

# Canadian Dollar Slides Against Greenback on Risk-Off Sentiment The Canadian Dollar has weakened for a second consecutive session, pushing the USD/CAD...

7 Aug 2026 Read →
Macro

Gold consolidates below recent highs as USD strength and Fed hike bets cap ahead of US NFP

Gold is trading in a consolidation pattern below the $4,250 mark during Friday's Asian trading hours, pausing the pullback from its mid-June...

7 Aug 2026 Read →
Macro

Euro weakens against US Dollar amid Middle East tensions

The euro has declined against the US dollar for a second straight session, dropping to approximately 1.1520 in Asian trading on Friday...

7 Aug 2026 Read →
Markets

⚡ PBOC sets USD/CNY reference rate at 6.7904 vs. 6.7895 previous

The People's Bank of China has set Friday's USD/CNY central reference rate at 6.7904, marking a slight weakening from the previous session's...

7 Aug 2026 Read →
Macro

⚡ Euro weakens against US Dollar amid Middle East tensions

The euro has fallen for a second straight day against the US dollar, trading near 1.1520 in Asian session Friday as escalating...

7 Aug 2026 Read →
Macro

⚡ South Korean Won: Stable Fed and AI demand support KRW against US Dollar – ING

South Korean won strengthened sharply against the US dollar in the second quarter, with USD/KRW plunging 8% according to ING economists Deepali...

7 Aug 2026 Read →
Markets

⚡ Chinese Yuan: Bullish tone with upside tests against US Dollar – UOB

Chinese Yuan shows strengthening momentum against the US Dollar with immediate downside tests expected for the USD/CNH pair, according to United Overseas...

7 Aug 2026 Read →
Macro

⚡ Philippine Peso: Inflation and politics weigh on PHP against US Dollar – ING

**BREAKING: Philippine Peso Faces Fresh Downside Pressure as Inflation Risks Resurface** The Philippine Peso is under renewed pressure against the US Dollar...

6 Aug 2026 Read →
Markets

⚡ Singapore Dollar: Upside risk capped against US Dollar – UOB

The Singapore dollar held steady against the US dollar on Wednesday with United Overseas Bank analysts noting minimal movement in the USD/SGD...

6 Aug 2026 Read →
Markets

⚡ Gold surrenders gains as Hormuz ship ban lifts yields

Gold has erased its entire Thursday rally, falling back to near $4,240 after hitting $4,304 earlier today. The reversal comes as yields...

6 Aug 2026 Read →
Markets

⚡ Mexican Peso strengthens as Banxico hold extends 10-day rally

The Mexican peso extended its winning streak to ten consecutive trading sessions on Thursday, appreciating more than 0.12 percent against the US...

6 Aug 2026 Read →
Markets

⚡ Forex Today: US Dollar firms ahead of Nonfarm Payrolls as Hormuz risk returns

The US Dollar surged across the board Thursday, pushing the Dollar Index up 0.26% to hover near the critical 100.00 mark as...

6 Aug 2026 Read →
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