EUR/JPY EUR/JPY made an initial bearish attempt today, but the pair quickly found support and bounced to trade back above its daily opening level. Consequently, price action has contracted, keeping the pair entirely confined within the boundaries of yesterday’s trading range as momentum temporarily stalls. Moving forward, traders will likely remain on the sidelines and…
US initial jobless claims rose from a revised 200K to 209K in week ending August 8, above 202K consensus, adding another mildly softer signal. Increase was 9K on week, while four-week moving average held unchanged at 199K, suggesting latest rise is noticeable but not yet evidence of a sharp deterioration in layoffs. Continuing claims moved…
Amazon’s earnings-driven rally pushed AMZN toward $287, but the subsequent retreat toward $265 highlights growing concerns about massive AI investment, rising capital expenditure, insider selling, regulatory scrutiny and increasingly demanding expectations for future growth. Written by: Skerdian Meta • Thursday, August 13, 2026 • 5 min read • Last updated: Thursday, August 13, 2026 Add…
At the interbank foreign exchange, the rupee opened at 95.40 against the greenback and traded in a range of 95.35-95.48 during the session. It eventually settled at 95.45 (provisional), lower by 12 paise from its previous close. | Photo Credit: Reuters The rupee depreciated 12 paise to 95.45 against the U.S. dollar on Thursday (August…
US dollar stabilizes as September Fed hike bets remain subdued. Market volatility stays low, but thin liquidity could amplify movements. Key UK data could challenge pound strength; euro craves bullish catalysts. Middle East tensions could upset markets; yen weakness persists. Dollar gains, equities trade sideways but bond yields rise It has been a relatively monotonous…
Top 10 crypto exchange Gate has joined a recent trend of digital asset platforms adding trading in “traditional” financial instruments, with brokerage infrastructure provider Alpaca announcing a partnership with Gate, to support Gate’s launch of U.S. stocks and ETFs, IPO allocations, and tokenized stocks. Gate users can now access more than 10,000 U.S.-listed stocks and…
US producer inflation came in softer than expected at headline level in July, reinforcing evidence that price pressures from first oil shock are fading. PPI improved from a revised -0.1% to 0.0% m/m, below 0.2% consensus. Annual rate slowed sharply from 5.5% to 4.7%, undershooting 4.9% expected. Weakness was concentrated in goods, where prices fell…
Bitcoin is struggling to break away from its support level and has been hovering around $64K for the third day in a row, trading slightly below it on Thursday morning but above the 50-day moving average. The peaks of the 2021 bull market were close to these levels. Three years ago, Bitcoin’s decline generally halted…
Created on August 13, 2026 Bearish view Bullish view The AUD/USD pair continued wavering as the market adjusted to the August Reserve Bank of Australia (RBA) interest rate decision and the July US consumer inflation report. It was trading at 0.7062, a few pips below this week’s high of 0.7090 as investors focus on the…
Image for representation | Photo Credit: Getty Images The rupee depreciated 7 paise to 95.40 against the U.S. dollar in early trade on Thursday (August 13, 2026) pressured by elevated crude oil prices and lingering geopolitical risks. Forex traders said investor sentiment remains fragile as the standoff between the U.S. and Iran does not seem…