Sign Up & Get 100 USDT for Free!

Ed Al-Hussainy: Dollar Lagging Emerging-Market Currencies

Author

Ed Al-Hussainy, portfolio manager at Columbia Threadneedle Investments, said the U.S. dollar has been mostly stable against developed-market currencies but has underperformed against emerging-market currencies, according to Bloomberg.

He cited carry-trade activity supported by higher real yields in Brazil, Mexico, Colombia and South Africa as a key driver. He also noted that the dollar's weakness persists despite low unemployment and steady U.S. growth, partly because the Federal Reserve has adjusted rates more slowly than many other central banks.

General

Japan Plans $630 Million for Subsea Cable-Laying Ships in Budget Request

Author

Japan is considering a roughly $630 million allocation to back the acquisition of subsea cable-laying vessels, aiming to address rising risks in the sector, according to Wallstreetcn.

The Ministry of Internal Affairs and Communications plans to include the spending in its fiscal 2027 budget request, with the submission anticipated by the end of August.

General

ZEC, AAVE and XRP Clear Key Resistance as Bitcoin Rally Lifts Altcoins

Author

Bitcoin's 25% weekly surge lifted Zcash, Aave and XRP, with each clearing notable resistance on higher volume.

Prices showed ZEC up 75.5% to $846.51, AAVE up 64.5% to $136.08, and XRP up 53% to $1.50, while Bitcoin traded near $78,702 after hitting its highest level since May.

ZEC now eyes a test of $903, AAVE faces resistance at $150, and XRP could target around $1.70, though all three moves depend on Bitcoin sustaining its gains.

General

Polymarket: Elon Musk tweet-count odds swing as 300-319 window falls

Author

Polymarket's submarket tracking the event "Elon Musk tweet count from August 18, 2026 to August 25, 2026" showed a sharp reversal in the Yes side for the 300-319 range. The odds fell to 25.95% from 46.1% just an hour earlier, according to Catcher Predict's monitoring.

ChainCatcher recorded a 20.15 percentage-point swing in the market, with reports of related breaking news noted as a possible influence on trading behavior.

General

Mexico Eyes Trade Deal with Trump as US-Canada Talks Collapse

Author

Mexican President Claudia Sheinbaum said she remains hopeful about securing a trade agreement with the United States as her lead negotiator holds discussions in Washington, Bloomberg reported.

The remarks come after negotiations between the United States and Canada collapsed.

General