United States Durable Goods Orders ex Transportation above forecasts (0.5%) in February: Actual (0.8%)

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Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

GBP/USD finds support but stays below 1.3400

GBP/USD found support near 1.3370 after starting the week on the back foot but lost its recovery momentum after testing 1.3400 on Monday. The pair's upside remains capped as investors await clarity regarding the conflict in the Middle East. Later in the day, comments from central bank officials will be watched closely by market participants.

EUR/USD holds above 1.1400 as focus remains on Middle East

EUR/USD holds steady above 1.1400 following the bearish action seen during the weekly opening. As the uncertainty surrounding the US-Iran conflict keeps investors on edge, the pair's upside remains limited, while hawkish ECB expectations help the Euro stay resilient against its rivals. In the second half of the day, investors will pay close attention to comments from central bank officials.

Gold struggles to rebound, trades well below $4,100

Gold struggles to recover after opening with a bearish gap and trades well below $4,100, losing more than 1% on a daily basis. The US Dollar (USD) stays resilient against its rivals as markets cling to a cautious stance amid the persistent uncertainty in the Middle East. Tuesday's CPI inflation data from the US and Fed Chair Warsh's testimony could trigger the next big reaction in the precious metal.

Bitcoin retreats as Middle East conflict overshadows ETF inflows

Bitcoin struggles to hold above $64,000 after a modest recovery the previous week. Risk sentiment dampens as tensions in the Middle East escalated after the US launched fresh strikes on Iran on Sunday, weighing on BTC. Meanwhile, improving institutional demand, with spot Bitcoin Exchange Traded Funds ending an eight-week streak of net outflows, has provided only limited support amid rising geopolitical uncertainty.

The US won't default on $39 trillion debt: Why financial repression is coming and Gold is the only hedge

As the US national debt surges past $39 trillion, policymakers face an unsustainable economic trajectory that threatens the global financial system. With a formal default out of the question and fiscal austerity politically unfeasible, the US government is increasingly likely to rely on financial repression, artificially keeping interest rates below inflation to erode the real value of its debt.

Five sessions, one round trip: Why the whipsaw is exactly what Warsh ordered

Markets opened July with a December hike as the base case and spent five trading sessions unlearning and relearning it. A 57K payrolls print bled the tightening bets out of the strip; a re-shut Strait of Hormuz is pushing them back in. Wednesday's minutes from the June FOMC meeting landed mid-round-trip, describing a world that had already stopped existing.