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Euro: Soft US CPI could support gains against US Dollar – ING

Chris Turner at ING notes EUR/USD remains lacklustre despite better Eurozone data and upside surprises, as high European natural gas prices and Gulf tensions weigh on the Euro. He argues that a soft US CPI print could a…

1 min read

Another AI lab is burning through cash as Tencent earnings rise

Two very different pictures of China’s artificial intelligence race are coming into focus at the same time. Tencent, the roughly $500 billion conglomerate behind WeChat and one of the world’s largest gaming businesses, …

6 min read

Sterling today: Pound edges higher as dollar waits on CPI verdict

The British pound edged higher against the US dollar in early trading on Monday, as currency markets braced for the latest US Consumer Price Index (CPI) report that could shape the Federal Reserve’s next policy move. As…

3 min read

Gold Outlook Hinges on Hormuz Tensions and US Inflation Data

August 12, 2026, 3:51 AM EDT. Hill & Smith PLC posted 8% revenue growth to $606.7m in H1 2026, led by 14% organic constant currency expansion in US operations. Underlying operating profit climbed 8% to $102.9m while mar…

92 min read

Attacker Drains 200K XRP From Bridge Using Fake Deposit

On August 9, a bridge connecting the XRP Ledger and Coreum (now rebranded as tx) lost close to 200,000 XRP after an attacker tricked its deposit-checking system into treating a wallet-to-wallet transfer as a real deposi…

2 min read

Dollar Slightly Higher as Crude Oil Rallies and Stocks Fall

The dollar index (DXY00) rose by +0.06% on Tuesday. The dollar found support on Tuesday after WTI crude oil prices rose more than +1% to a 1-week high, which raises inflation expectations and may persuade the Fed to tig…

5 min read

Arthur Hayes: Japan Yen Fix Could Fuel Bitcoin and Ethereum Rally

Arthur Hayes published a new essay this week arguing that the US Treasury and Japan’s Ministry of Finance have settled on a single method to strengthen the yen: running newly printed dollars through the Federal Reserve’…

2 min read