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Eurozone HCOB Manufacturing PMI registered at 45.6, below expectations (45.8) in August
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EUR/USD found its footing on turnaround Tuesday, regaining momentum and pushing back above the 1.1800 mark. The move reflects a softer US Dollar as investors position ahead of upcoming US data and continue to reassess what the Fed’s rate path might look like from here.
GBP/USD is trying to claw back some of the ground lost over the past couple of sessions, posting solid gains and pushing up towards the 1.3700 area. Cable’s bounce comes as the Greenback eases modestly, while attention now turns to the BoE’s event on Thursday.
Gold rallies, leaving behind a three-day steep retracement and shifting its attention to the key $5,000 mark per troy ounce. Bargain-hunting and the inconclusive tone in the Greenback appear to underpin the strong rebound in the precious metal.
Hyperliquid (HYPE) extended its recovery by 8% at press time on Tuesday, driven by the HIP-4 proposal to add outcome trading, referring to prediction markets and bounded options contracts.
Japan has opted for a snap election on 8 February 2026 rather than waiting for the normal electoral calendar, which makes this a faster, higher-stakes reset of political mandate.
Ripple edges lower, trading marginally below $1.60 at the time of writing on Tuesday as bulls and bears battle for control. The cross-border remittance token rose to $1.66 on Monday, but profit-taking and risk-off sentiment in the broader crypto market led to the ongoing correction.
