DUBAI, United Arab Emirates, Aug. 06, 2026 (GLOBE NEWSWIRE) — Forex Expo Dubai has announced a Gold Lucky Draw for its 9th Edition, offering eligible Verified Traders, Introducing Brokers (IBs), and Affiliates the opportunity to win a share of 150 grams of 24K gold during the event. The Gold Lucky Draw will take place during…
Leading online broker XM has announced that it has introduced GOLD24-7, a new Gold trading instrument that gives traders access to Gold markets seven days a week. Unlike traditional Gold CFDs, which follow standard market hours, GOLD24-7 allows traders to continue trading Gold over the weekend. “Markets don’t stop generating news simply because it’s the…
CHICAGO, Aug. 6, 2026 /PRNewswire/ — CME Group, the world’s leading derivatives marketplace, today announced that its Mexican peso and Brazilian real futures and options achieved record average daily volume (ADV) and open interest (OI) during the first half of 2026. Latin American FX Futures & Options: Average Daily Volume “Our record-breaking first half for…
Created on August 06, 2026 The US dollar has drifted back to the 50 Day EMA against the Franc early on Wednesday. USD/CHF The US dollar has fallen a bit during the trading session here on Wednesday to reach towards the 50-day EMA against the Swiss franc. This is a pair that I continue to…
HO CHI MINH CITY, Vietnam, Aug. 6, 2026 /PRNewswire/ — To support the investor community in enhancing their intermarket analysis capabilities, global broker JustMarkets has released an in-depth research piece on the cyclical fluctuations of the US Dollar (USD). The report offers a multi-dimensional perspective on how the USD impacts various CFD asset classes, helping traders…
Created on August 06, 2026 Bullish view Bearish view The EUR/USD pair continued its recovery, reaching its highest level since June 17 after the strong Eurozone services and composite PMI and as crude oil prices remained under pressure amid optimism on the Strait of Hormuz. It rose to 1.1554, up by nearly 2% from its…
Copper futures (HG #F) continue to trade within a bullish Elliott Wave structure, with price maintaining an incomplete three-swing sequence from the 6.2820 low. The current rally remains constructive, suggesting buyers are still in control. As long as Copper holds above the 6.2820 invalidation level, the path of least resistance remains to the upside. The…
The euro continued to extend its recent gains on 5 August after a weaker-than-expected ADP employment report in the US. EUR/USD is now attempting to break above its previous high around $1.155, reached on 3 August. A breakout above this level could send the euro towards $1.161, last seen on 16 and 17 June, which…
As July concludes and the broad Forex market has delivered a rather choppy price realm for many major currencies versus the USD, the Mexican Peso continues to deliver a fairly remarkable performance. The USD/MXN is around 17.41400 as of this writing, having come down in recent trading from a higher mark of 17.54000 which was…
TL;DR: The Dollar fell despite a hawkish Fed vote, rising yields, and rebounding oil — all bullish macro signals — as Japan’s estimated $59 billion intervention and reported US-Japan cooperation introduced a policy-risk variable that overrode them. The key question now: is this a temporary correction, or the start of a broader reversal? An Unusual…