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Wednesday, 12 August 2026

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US Dollar: NFP and inflation mix complicate Fed path – BNY

BNY strategists John Velis and David Tam highlight the July Nonfarm Payrolls (NFP) report and upcoming Consumer Price Index (CPI) releases as key inputs for the Fed. They see consensus around 80,000 jobs, with a breakev…

US Dollar Index: Downside bias within defined range – UOB

United Overseas Bank’s (UOB) Quek Ser Leang notes that the USD Index bias has shifted to the downside after failing to break above the weekly Ichimoku cloud and instead plunging below the 55-week EMA. However, flat EMAs…

CLARITY Act Update: White House Silence Clouds Senate Vote

The CLARITY Act has entered another crucial phase after the White House reportedly failed to respond to a bipartisan ethics proposal submitted by Senators Thom Tillis and Ruben Gallego. With the Senate expected to begin…

US Dollar Can Recover Some Ground – If Data Allows

The EUR/USD pair fell towards 1.1417, its lowest since last March, as the US Dollar (USD) soared following the first Federal Reserve (Fed) monetary policy meeting chaired by Kevin Warsh. EUR/USD got to recover some grou…

Big Oil Warns Global Fuel Stocks Are Running Dangerously Low

August 4, 2026, 3:46 AM EDT. LIC shares dropped almost 9% after the government launched an offer for sale (OFS) of up to a 6.5% stake, setting a floor price of Rs 382, representing an 11% discount from the prior closing…

Oil Drops Amid Renewed Peace Deal Hopes

Oil prices dropped sharply yesterday on rising optimism that the US and Iran may be moving closer to reviving a Middle East deal. ICE Brent settled more than 7% lower on the day, after President Trump called off strikes…