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Weekly Forecast

EUR/USD: War escalation can bring back US Dollar demand

The EUR/USD pair settled in the 1.1580 area marginally higher in the week, yet unable to find a clear path. The pair holds near its August peak at 1.1581, as demand for the US Dollar (USD) remains subdued amid poor employment figures and steady inflation.

Gold: Mideast stalemate keeps bullish potential in check

After posting its largest one-week gain since January in the first week of August, Gold (XAU/USD) extended its rally and touched a fresh two-month peak near $4,450 as markets continued to scale back bets for a Federal Reserve (Fed) interest rate hike in September. With the crisis in the Middle East remaining unresolved, however, Gold corrected lower to end the week virtually unchanged.

Why SpaceX bonds disagree with the stock

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.

US Dollar: Fed hawks circle, but weak data clips the Dollar’s wings

It was a strange week for the US Dollar (USD): while the geopolitical situation has remained largely unchanged, with the usual back-and-forth between the US, Iran, and occasional third parties, disappointing domestic data have re-emerged, reducing expectations of potential tightening by the Federal Reserve (Fed) in the next few months.

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In-Depth Analysis

Why is Crude Oil priced for a reopening the ships haven't made?

Fourteen vessels crossed the Strait of Hormuz on Tuesday. Before the war, the count ran near 120 a day. In the sessions since the waterway was publicly declared open, Brent has drifted back to $87 and West Texas Intermediate (WTI) to $81, both a little lower again on Wednesday, with daily momentum on each unwound from the top of its range in late July to the low twenties now.