Sponsor XM Group - Trade Forex, Stocks, Commodities, Indices & More. Ultra-Low Spreads, Fast Execution, Licensed Broker.
START TRADING WITH XM

AI-Enhanced Forex News Archive

Professional trading insights from Friday, August 8, 2025

News Calendar Archive

August 2025

Sun
Mon
Tue
Wed
Thu
Fri
Sat
2
9
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
1
2
3
4
5
6

News Statistics for Friday, August 8, 2025

14
Total Articles
3
Bullish
4
Bearish
7
Neutral

Advanced Filters

Archive date: Friday, August 8, 2025

Filter by:
Forexlive

USDJPY technicals: USDJPY ping - pongs between moving averages

The USDJPY has spent this week trading in a well-defined range, bouncing between the 100-bar moving average on the 4-hour chart at 147.90 and the 200-bar moving average below at 146.78. The 100-bar MA capped rallies on both Monday and Friday, while the 200-bar MA provided support on Tuesday, Thursday, and again today.As of now, the pair is trading near 147.67, just below the upper boundary of that range. Heading into next week, these moving averages will remain key risk and bias-defining levels.
USD JPY
Sentiment: Negative
Source: Finnhub
finance.yahoo.com

Dollar Slips on President Trump's Nomination for Fed Governor

The dollar index today is down by -0.22%. The dollar is weaker today but remains above Thursday's 1.5-week low. The dollar is being undercut today from strength in stocks, which reduces liquidity demand for the dollar.
USDJPY
Source: Marketaux
Forexlive

USDCHF technicals: The buyers and sellers are battling it out in the USDCHF

The USDCHF moved lower at the start of the week but found willing buyers near the 200 hour MA. Later in the week, the price rose aided by the price reaction on the Switzerland tariffs imposed by the Trump administration. Since then, the price action has seen a number of downs-and-ups.
USD CHF
Sentiment: Negative
Source: Finnhub
Forexlive

India reportedly pauses plans to buy US arms as trade dispute rages on

Reuters is reporting on the matter and the sources cited also say that India's defence minister has cancelled his planned visit to the US. This comes as India is now pausing plans to purchase US arms, which would've included Boeing P-8I aircrafts, Stryker vehicles, and Javelin missiles.It is said that India is now waiting on more clarity on US tariffs and trade developments before thinking about resuming arms purchase discussions.
Sentiment: Neutral
Source: Finnhub
investing.com

EUR/USD Tests 1.1700 Resistance: Critical Breakout Level in Focus

EUR/USD is challenging the crucial 1.1700 resistance level, marking a significant technical test that could determine the pair's near-term direction. The euro has gained momentum against the dollar, driven by improving Eurozone economic sentiment and expectations of continued ECB policy normalization. The 1.1700 level represents a key psychological barrier and previous support-turned-resistance from earlier trading periods. Technical indicators suggest increasing bullish pressure, with the RSI approaching overbought territory at 68. A decisive break above 1.1700 could open the path toward 1.1750 and potentially 1.1800, while failure to breach this level may trigger a pullback to support at 1.1650. Traders are closely monitoring upcoming Eurozone inflation data and any shifts in Federal Reserve rhetoric that could impact dollar strength. The current setup presents a critical inflection point for EUR/USD positioning.
EURUSD
Sentiment: Positive
Source: Marketaux
Forexlive

Gold Futures Divergence: COMEX Surges on US Tariff Concerns

Gold spot prices remain stable near $2,420 per ounce despite a notable surge in COMEX futures, creating an unusual price divergence between US and international markets. The discrepancy stems from unexpected US tariff announcements that have caught traders off guard, effectively making gold more expensive in the US market compared to overseas exchanges. COMEX futures have jumped 0.8% while London Metal Exchange (LME) prices show minimal movement, highlighting the regional impact of trade policies. This divergence typically signals temporary market inefficiency that arbitrageurs may exploit. The tariff-induced premium in US gold futures could pressure dollar strength, potentially benefiting commodity currencies like AUD and CAD. Technical analysis shows COMEX futures testing resistance at $2,445, while spot gold maintains support at $2,410. Traders should monitor whether this spread narrows through arbitrage activity or persists as a new market dynamic.
XAUUSD
Sentiment: Positive
Source: Finnhub
forexlive.com

USD strengthens as US imposes tariffs on gold imports, Asia FX pressured

The US dollar index gained 0.4% in Asian trading following the announcement of new tariffs on strategic gold bar imports, pressuring regional currencies and commodity-linked pairs. The surprise trade measure sparked risk-off sentiment, with AUD/USD dropping 0.6% to 0.6520 and NZD/USD falling 0.5% to 0.5885 as commodity currencies weakened. USD/JPY advanced 0.3% to 150.25 as the dollar benefited from safe-haven flows despite gold's traditional haven status. The tariff announcement particularly impacted Asian exporters, with USD/CNH rising 0.4% above 7.2800. Gold prices initially spiked 1.2% before paring gains as traders assessed the implications for global trade flows. Technical indicators suggest further USD strength, with the DXY approaching resistance at 106.50. The move adds another layer of uncertainty to global markets already concerned about trade tensions, potentially supporting continued dollar strength against risk-sensitive currencies in the near term.
AUDUSD NZDUSD USDJPY USDCNH
Sentiment: Positive
Source: Marketaux
Forexlive

XAU/USD faces pressure as US tariffs target Swiss gold bar deliveries

XAU/USD is experiencing heightened volatility as new US tariffs on Swiss kilo and 100-ounce gold bars threaten COMEX delivery mechanisms. These specific formats are crucial for physical settlement on the exchange, and the tariff implementation is creating significant stress on gold market infrastructure. The restrictions could lead to delivery bottlenecks and price dislocations between spot and futures markets, potentially forcing XAU/USD lower as market participants reassess liquidity risks. Swiss gold refiners, who dominate global production of these standardized bars, may need to redirect supply chains, further complicating market dynamics. Technical indicators suggest XAU/USD could test support at $2,650 if delivery concerns escalate, while resistance remains at $2,700. Traders should monitor COMEX inventory levels and basis spreads closely, as widening differentials could signal deepening market stress and trigger further USD strength against gold.
XAUUSD
Sentiment: Very Negative
Source: Finnhub

Trade with XM Group

XM - Licensed broker with 15+ years of excellence. Trade 1000+ instruments on MT4/MT5. Spreads as low as 0.6 pips, leverage up to 1000:1, fast execution.

START TRADING NOW
Telegram Icon