Forex
Dollar correction gathers pace as Fed hike odds rise, EU risks mount
The greenback’s recent rebound faces headwinds as hawkish Fed repricing collides with political uncertainty in Europe and Japan. Correction seen extending into Q4.
Global push to restrict social media access for minors gains momentum
Australia leads with a 2025 ban on platforms for under-16s; EU, U.S. and Asia follow with age restrictions, fines and verification systems amid rising regulatory scrutiny.
Synaptics executive sells $404,000 in shares ahead of onsemi deal
Vikram Gupta, Synaptics' senior vice president, disposed of 4,277 shares under a prearranged trading plan. The move follows Synaptics' $7 billion acquisition agreement with onsemi.
AI Upside and Downgrades: Why the Euro Faces a Fork in the Road
European AI moves—from Einride’s fleet platform to analyst downgrades of SAP—create a split narrative for the euro, balancing productivity hopes against near‑term risk sentiment.
Molecular Partners extends cash runway to 2027, advances cancer drug pipeline
Swiss biotech firm raises next dose level for experimental DLL3-targeting therapy MP0712 while reducing R&D spend. Loss narrows to 26.7 million francs in H1 2026.
Why the Dollar’s Upcoming PCE Test Could Unsettle the Yield Curve—and What It Means for Euro‑Dollar
As core PCE looms, a retreat in long‑dated yields signals a fragile dollar rally; I argue the data will reshape expectations for Fed policy and the EUR/USD trajectory.
U.S. Treasury sanctions 60 entities in new economic campaign against Iran
Washington targets digital assets, tech, gold, aviation and shipping sectors as Trump administration escalates pressure on Tehran. China and Russia remain outside initial sanctions list.
Germany's budget deficit hits 3.1% of GDP in H1, breaches EU limit
Deficit surges to €71.3 billion as federal shortfall widens by €29 billion year-on-year, driven by defense spending and subsidies. Rising borrowing costs compound fiscal strain.
Japan weighs tax breaks on sales of non-core assets to spur restructuring
Proposal would defer 30% of corporate tax on divestitures if proceeds are reinvested in core operations, modeled after Germany’s 2000s reforms.
Expion360 rebrands as Expion Energy, enters oil and gas sector with Louisiana deal
The company formerly focused on battery production will acquire an oil and gas exploration opportunity in eastern Louisiana for $3.425 million, with plans to lease up to $4 million in acreage. The deal requires drilling by February 2027.
Alnylam to unveil ATTR, hypertension drug data at ESC 2026
Late-breaking studies on vutrisiran and zilebesiran will be presented during the European Society of Cardiology Congress in Munich. Data include Phase 3 and Phase 2 analyses alongside real-world ATTR burden findings.
EUR/USD hits 1.1700, highest since May, as dollar weakens
Euro gains ground on improving eurozone data and US Treasury bond buyback expansion, while technical levels suggest limited upside ahead of key US economic releases this week.
USD faces persistent pressure as technical setups shape weekly forex trade
Analysts highlight key support levels and potential downside risks for the U.S. dollar amid mixed global macro signals. Trade setups suggest continued weakness unless critical levels hold.
USD/JPY stuck in 158-159.78 range as US curve tensions persist
Yield differentials with Japan and Treasury’s efforts to cap long-end borrowing costs keep the dollar-yen pair range-bound. Fed’s Warsh faces a policy dilemma ahead of Jackson Hole.
GSK’s bepirovirsen wins Japan approval as first global hepatitis B cure
Japan’s regulator grants accelerated approval for GSK’s antisense drug, targeting adults with chronic hepatitis B who have failed prior therapies. Global filings underway.
U.S. to unveil sweeping sanctions on Iran as tensions escalate
Treasury Secretary Scott Bessent warns of a 'global pariah' designation for allies of Tehran. Iranian official vows oil exports will halt if economic pressure persists.
Iran warns U.S. of economic retaliation amid escalating sanctions
Tehran cautions Washington over potential blowback from stricter trade restrictions, as Trump administration prepares to unveil sweeping measures. Iranian officials vow reciprocal measures against regional oil exporters.
Dollar outlook hinges on UST buybacks and Fed credibility, BofA says
Stronger U.S. Treasury buybacks and policy credibility concerns weigh on the greenback, with gold and franc outperforming as investors reassess dollar fundamentals.
BCA Research advises selling U.S. dollar against won, yen, euro
BCA Research recommends shorting the greenback versus the South Korean won, Japanese yen, Taiwan dollar, Singapore dollar and euro, citing falling U.S. real yields and weaker foreign portfolio inflows.
Pound seen rising as yield gap with euro widens, UBS forecasts
UBS expects sterling to strengthen against the euro to 0.85 by late 2027, citing a 1.5 percentage point yield advantage and fading risk premiums. ECB’s final hike in September may reinforce the trend.
Emerging market currencies hit fresh highs as dollar weakens
MSCI emerging market currency index rises 0.3% to extend eight-week winning streak, while equities gain 1.3% as U.S. yields rebound.
Bitcoin hits extreme overbought RSI 91.8 as price tests $72,914
Bitcoin’s five-hour RSI surged to 91.8, Money Flow Index hit 100, and price briefly touched $72,914 on Aug 20. Trading strategies outline key entry, stop and target levels amid extreme volatility.
U.S. Senate to vote on crypto Clarity Act in September
Legislation setting a regulatory framework for digital assets faces a pivotal Senate vote on Sept. 15 after summer recess delays. Passage would define SEC and CFTC oversight roles and could boost mainstream adoption.
BofA flags stable CTA Treasury shorts, rising EUR/USD short-cover risk
Bank of America notes U.S. Treasury futures positioning remains heavily short with limited near-term cover risk, while slower-moving trend followers face pressure to reduce stretched EUR/USD short bets as the dollar weakens.