British Pound: Gains capped below 1.3555 against US Dollar

United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann report GBP/USD edged higher to 1.3469 after briefly touching 1.3486, with short-term momentum only slightly firmer. The pair is expected to trade in a higher 1.3445–1.3495 range rather than embark on a strong rally. Over 1–3 weeks, there is still limited scope for a move toward 1.3555 as…

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US Dollar Tumbles as ‘Sell America’ Trade Returns. Forecast as of 06.08.2026

2026.08.06 2026.08.06 US Dollar Tumbles as ‘Sell America’ Trade Returns. Forecast as of 06.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Growing skepticism toward the Fed’s policy is reviving the “Sell America” trade, which first gained momentum after Donald Trump introduced the highest tariffs since the 1930s. Comments from Kevin Warsh and Scott Bessent have reinforced this sentiment. Let’s analyze the situation and develop…

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Pi Network, Uniswap lead gains as Bitcoin steadies at $64,000

Bitcoin (BTC) trades above $64,000 at press time on Thursday, testing the bullish breakout of its 50-day Exponential Moving Average (EMA) near $64,660. Mild recovery in BTC lifts altcoins, with Pi Network (PI) and Uniswap (UNI) emerging as top performers over the last 24 hours. The technical outlook for the altcoins is bullish, with PI testing the bullish breakout…

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WTI remains subdued near $74.00 due to Iran-Oman agreement on Hormuz

West Texas Intermediate (WTI) oil price remains subdued for the fourth successive day, trading around $74.20 per barrel during the Asian hours on Thursday. Crude oil prices declined following news that Iran and Oman reached an agreement on a shipping route through the Strait of Hormuz, fueling expectations of increased energy flows from the Middle East. An Iran-Oman joint…

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