Softer labour data shifts Fed outlook – Societe Generale

Societe Generale’s Kenneth Broux reports that weaker US employment data and downward revisions have sharply reduced expectations for a September Fed hike, though one move remains priced for December. He notes the Dollar has extended losses as markets reassess the Fed’s dual mandate and the implications for bonds and FX. DXY is seen needing to defend its 200-DMA at…

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Dollar Bears Regain Ground as Unemployment Falls and Iran Raises Tensions. Forecast as of 10.08.2026

2026.08.10 2026.08.10 Dollar Bears Regain Ground as Unemployment Falls and Iran Raises Tensions. Forecast as of 10.08.2026 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Despite the decline in US employment in July, the EUR/USD rally was short-lived. The drop in the unemployment rate to 4.1% and Iran’s excessive demands allowed bears to recoup some of their losses. Let’s discuss this topic and develop a…

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FX option expiries for 10 August 10am New York cut

There is just one set to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1575 level. The expiries are sitting just on top of the 100-day moving average at 1.1567, so they will act as an additional layer for buyers to chew through on any upside extensions price action today….

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Gold price in India: Rates on August 10

Gold prices fell in India on Monday, according to data compiled by FXStreet. The price for Gold stood at 13,273.12 Indian Rupees (INR) per gram, down compared with the INR 13,295.33 it cost on Friday. The price for Gold decreased to INR 154,817.00 per tola from INR 155,074.10 per tola on friday. Unit measure Gold Price in INR 1…

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Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks

The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war. Iranian officials stated on Sunday that Oman-mediated negotiations on the strait’s management are making progress. However, Tehran maintains that commercial shipping will not fully resume until the US agrees…

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