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Aug 05, 2026
United States Dollar Index declines amid easing safe-haven demand

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the sec...

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Aug 05, 2026
Ethereum researchers want to rein in staking, critics say it could backfire

EIP-8363 is a newly published draft proposal that would cut net consensus-layer rewards as the Ethereum staking ratio heads toward 50%....

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Aug 05, 2026
British Pound weakens as US Dollar gains despite easing safe-haven demand

GBP/USD edges lower after registering modest gains in the previous day, trading around 1.3450 during the Asian hours on Wednesday....

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Aug 05, 2026
Euro edges lower below 1.1550 on Hormuz uncertainty

The EUR/USD pair trades with mild losses near 1.1530 during the Asian trading hours on Wednesday. Uncertainty surrounding US-Iran talks weig...

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Aug 05, 2026
Australian Dollar consolidates near 0.7050, highest since June 17 amid reviving USD demand

The AUD/USD pair struggles to break through the 100-day Simple Moving Average (SMA) pivotal barrier near mid-0.7000s and consolidates near i...

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Aug 05, 2026
China’s RatingDog Services PMI eases to 50.4 in July, vs. 53.7 expected 

China's Services Purchasing Managers' Index (PMI) declined to 50.4 in July from 54.1 in June, the latest data published by RatingDog showed ...

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Aug 05, 2026
Japanese Yen edges higher on upbeat wages data, hawkish BoJ Minutes and soft USD

The USD/JPY pair struggles to capitalize on this week's solid bounce from the 155.25-155.20 area, or the lowest level since early May, and e...

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Aug 05, 2026
PBOC sets USD/CNY reference rate at 6.7889 vs. 6.7917 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7889 compared to the previo...

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Aug 05, 2026
WTI rises to near $75.00 despite diplomatic progress in Middle East

West Texas Intermediate (WTI) oil price appreciates after registering over 5% losses in the previous day, trading around $75.00 per barrel d...

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Aug 05, 2026
US Treasury Secretary Bessent: Many Asian currencies track Yen now, including Won and Yuan

US Treasury Secretary Scott Bessent said that the weakness of the Japanese Yen (JPY) has contributed to Japan’s inflation problem and raised...

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Aug 05, 2026
US Secretary of State Rubio says US-Iran talks progress, deal could come "very shortly"

US Secretary of State Marco Rubio said there has been progress made in discussions with Iran and Oman on ‌getting ‌more ships through ‌the S...

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Aug 05, 2026
RBI set to keep interest rates unchanged as inflation risks persist

The Reserve Bank of India (RBI) is set to announce its bi-monthly monetary policy decision on Wednesday at 10:00 AM IST (04:30 GMT), another...

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Aug 05, 2026
Fed's Schmid: Tighter monetary policy required to bring inflation back to 2% target

Federal Reserve Bank of Kansas City President Jeff Schmid said on Wednesday that tighter monetary policy is needed to get inflation back to ...

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