Created on August 16, 2026 Coffee: Record Breaking Harvest Reports From Brazil Emerge Coffee Arabica went into this weekend near the $315.32 price, which was slightly lower than the closing value the previous week, this as reports from Brazil show harvest levels are substantial. All the concerns about weather and its impact on the Brazilian…
Israel’s largest bank, Bank Leumi, has partnered with Galaxy Digital to offer customers cryptocurrency trading, marking the first such service announced by an Israeli bank. Customers of Leumi and its digital banking unit, Pepper, will be able to buy, hold and sell Bitcoin, Ether and Solana through the bank’s Leumi Trade investment app, with the…
Created on August 16, 2026 USD/CAD The US dollar has fallen during the bulk of the week against the Canadian dollar as we are now entering the so-called golden zone between the 50% Fibonacci retracement level and the 61.8% Fibonacci retracement level. The market now finds itself at a bit of a crossroads, but it…
British Pound picks up above 1.3500 against the US Dollar, after bouncing off lows at 1.3474 . The US Dollar struggles on Friday as a run of soft inflation data has pushed back hopes of immediate Fed rate hikes. Later today, the US Retail Sales and Michigan Consumer Sentiment Index data will provide further insight…
With the event now days away, the globally regulated Forex and multi-asset broker will meet the Indian trading community in person at the Jio World Convention Centre, Mumbai, on 29 and 30 August 2026. Mumbai, India, August 15th, 2026, CentFX Limited, the globally regulated multi-asset broker known for zero-spread Forex trading and institutional-grade execution, is…
Market Overview The crypto market has pulled back to the lower end of the consolidation range in place since May. The upward trend seen in the first week of the month failed to gain momentum, repeating the pattern seen in June and July when bullish attempts also faded. It appears that the theory of an…
Overall outlook in EUR/AUD is unchanged as corrective pattern from 1.6108 (or 1.6125) is still extending. Initial bias stays neutral this week first. on the upside, above 1.6405 minor resistance will turn bias to the upside for 1.6503 resistance. On the downside, break of 1.6250 will bring deeper fall back to retest 1.6108 low. In…
USD/CAD’s fall from 1.4247 continued last week and accelerated through the near term falling channel. The development solidifies the case that rebound from 1.3480 might have completed with three waves up to 1.4247 already. Initial bias stays on the downside this week for 61.8% retracement of 1.3480 to 1.4247 at 1.3773. On the upside, above…
TL;DR: Dollar Index is approaching a critical support level as September Fed hike odds collapse from likely to roughly a two-in-three chance of a hold — not because tightening risk has disappeared, but because weaker jobs and softer consumer demand are limiting how far the Fed can realistically go. Why Dollar Has Looked Increasingly Fragile US Dollar…
The British Pound is up to near 1.3533 against the US Dollar as Fed hawkish bets recede. Traders price out hawkish Fed bets after soft US CPI data for July. Investors shift their focus to the UK employment and CPI data. The British Pound (GBP) trades 0.35% higher to near 1.3533 against the US Dollar…