United States Baker Hughes US Oil Rig Count came in at 454, above expectations (452)

Aug 7, 2026

GBP/USD Price Forecast: Bulls need 1.3560 to unlock 1.3600

The Pound Sterling edges higher by some 0.29%, yet it remains trading sideways, unable to decisively crack 1.3500 after reaching a weekly peak of 1.3506, and has retreated to the 1.3490 area.

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Aug 7, 2026

EUR/JPY recovers from session low but remains down on Friday

EUR/JPY trades on the back foot on Friday, easing away even as the Euro (EUR) posts solid gains against the US Dollar (USD). The Japanese currency surged suddenly near the start of the American session after a surprisingly weak United States (US) employment report.

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