US private-sector growth accelerated sharply in August, with PMI Composite Output rising from 54.5 to 56.0, its highest in 52 months. PMI Services Business Activity climbed from 54.6 to 56.8, a 20-month high, becoming main driver of expansion. PMI Manufacturing eased from 53.9 to 53.2, while PMI Manufacturing Output dropped from 53.9 to 51.9, a…
Created on August 21, 2026 Potential signal The Euro has finally broken above the 185 Yen level during the trading session on Thursday, an area that had been pretty obvious resistance, and smashing through there, of course, is a good sign. What I’m looking at here is the carry trade essentially. The carry trade has…
TL;DR: Japan’s data is strengthening and Australia’s is weakening, yet AUD/JPY keeps rising — because the cross is trading on the global yield backdrop and carry differential, not on either country’s local fundamentals. Domestic Data Point Clearly Lower for AUD/JPY AUD/JPY has rebounded strongly even though this week’s data from both sides of the cross…
Dubai based Retail FX and CFDs broker DB Investing has announced the launch of TradersHub, a social trading community now live at tradershub.community, giving clients a shared space for market ideas, verified trade signals, and peer-driven learning alongside their existing trading account. From a trading account to a trading community Most trading platforms are transactional:…
Image used for representational purposes. File | Photo Credit: Reuters The rupee gained 9 paise to 95.65 against the U.S. dollar in early trade on Friday (August 21, 2026), supported by the weakening of the American currency in the overseas markets. Forex traders said for India, a softer dollar is being offset by another challenge…
RBI Deputy Governor Rohit Jain outlines a forward-looking vision for India’s foreign exchange markets, emphasising the pivotal role of local currencies, technological advancements, and addressing market challenges to foster global engagement and efficiency. Key Points Local currencies are set to play a larger role in cross-border trade, enhancing efficiency and reducing costs. India’s foreign exchange…
Created on August 20, 2026 The Forex market has reached a moment of interest to traders following yesterday’s US Treasury announcement that it will be supporting the long end of its bond market, which triggered a sharp fall in the US Dollar. Major currency pairs such as this one are already in medium to long-term…
Created on August 20, 2026 We have reached a milestone in the GBP/USD currency pair – possibly a decisive one – following the strong, long-term bullish breakout yesterday. While the price action remains well within its longer-term range, the bullish case may finally be becoming increasingly convincing for several solid reasons, both fundamental and technical….
CASTRIES, Saint Lucia, Aug. 20, 2026 (GLOBE NEWSWIRE) — PrimeXBT, a global multi-asset broker, has expanded its Swap-Free offering to PXTrader 2.0, giving traders access to both Swap-Free and Extended Swap-Free accounts on its proprietary Crypto and CFD trading platform. Swap-Free replaces the usual overnight swap with a fixed USD-per-lot administrative fee, giving traders more…
TL;DR: Gold surged 3.7% to $4,495 after a Treasury buyback shock sent long-end yields and the Dollar tumbling — a real-yield move that survived hawkish FOMC minutes and now puts a break above $4,600 within reach of $5,000. Treasury Buyback Shock Cracks Long Yields Gold’s path toward $5,000 has become more credible after Wednesday’s Treasury…