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12 08, 2026

Coffee prices today August 11th: Slight increase

By |2026-08-12T03:32:23+03:00August 12, 2026|Forex News, News|0 Comments


Domestic coffee prices today

Coffee prices today in the domestic market continue to increase in key areas. According to giacaphe. com, coffee prices on August 11th averaged 97,800 VND/kg, an increase of 700 VND/kg compared to the previous session.

In Dak Lak, coffee prices were recorded at 97,700 VND/kg, an increase of 700 VND/kg.

In Lam Dong, coffee prices reached 97. 200 VND/kg, an increase of 600 VND/kg. This is the lowest level among the surveyed areas.

In Gia Lai, coffee prices are at 97,700 VND/kg, an increase of 700 VND/kg.

The old Dak Nong area recorded a level of 98,000 VND/kg, an increase of 700 VND/kg. This is the highest level in today’s price list.

In general, domestic coffee prices currently fluctuate from 97. 200-98. 000 VND/kg. After two consecutive increasing sessions, the price level has approached the 100,000 VND/kg zone, but is still lower than the high recorded at the end of July.

The USD/VND exchange rate according to Vietcombank is recorded at 25,910 VND/USD.

World coffee prices

In the world market, coffee prices in the most recent session diễn biến trái chiều (developed in opposite directions).

According to Barchart data, the September 2026 Arabica contract closed down 3.25 US cents/lb, equivalent to 0.97%. The closing price was recorded at 332.30 US cents/lb.

Conversely, the September 2026 Robusta futures contract increased by 19 USD/ton, equivalent to 0.50%. The final price was recorded at 3,806 USD/ton.

This development shows that the world market is not in agreement. Arabica is under downward pressure, while Robusta still maintains a slight green color. For the Vietnamese market, Robusta is the group that has a more direct impact on domestic purchasing prices, so Robusta’s increase may support domestic market sentiment.

Coffee price assessment

Domestic coffee prices increased by another 600-700 VND/kg in the context of the world Robusta slightly increasing. This increase helped domestic prices approach the 98,000 VND/kg mark, narrowing the gap with the 100,000 VND/kg mark.

According to Barchart, Arabica decreased due to the weather in Brazil being drier than normal, which could help increase coffee harvest progress. Somar Meteorologia recorded 5.8 mm of rainfall in the Minas Gerais region in the week ending August 9, equivalent to 92% of the historical average.

In the opposite direction, Arabica certified inventory on ICE decreased to a 2.5-year low, while Robusta inventory on ICE increased to a 4.5-month high. This shows that supply-demand factors on each coffee group are having different impacts on prices.

Regarding domestic weather, the National Center for Hydro-Meteorological Forecasting said that on the day and night of August 11, the Central Highlands area will be cloudy, with showers and scattered thunderstorms, locally heavy to very heavy rain. Lowest temperature 20-23 degrees C, highest 26-29 degrees C.

This season’s thunderstorms need to be monitored in terms of garden care, pest and disease prevention, and goods preservation.

According to the Ministry of Agriculture and Environment, in July, Vietnam exported about 147,600 tons of coffee, worth 639.5 million USD.

Accumulated to the end of July, coffee exports reached 1.2 million tons, an increase of 10.8% in volume; value reached 5.45 billion USD, down 11.2% compared to the same period in 2025. The reason is that the average export price of coffee in the first 7 months of 2026 is estimated at 4,537 USD/ton, down 19.9% compared to the same period last year.

Coffee prices today continue to increase domestically, while world prices are differentiated. In the coming sessions, the diễn biến of Robusta London, USD/VND exchange rate, inventory and demand for export purchases will continue to dominate the domestic price level.





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11 08, 2026

GBP/USD Forecast: US Dollar Gains as Oil Nears $90 and Iran Talks Stall

By |2026-08-11T23:34:43+03:00August 11, 2026|Forex News, News|0 Comments


– Written by

The Pound US Dollar (GBP/USD) exchange rate edged lower on Tuesday as renewed geopolitical uncertainty encouraged investors to favour the safe-haven US Dollar.

At the time of writing, GBP/USD was trading at around $1.3499, down slightly from Tuesday’s opening levels.

The US Dollar (USD) strengthened on Tuesday as hopes of a swift agreement between the US and Iran continued to fade.

Crude oil prices climbed back towards the $90-per-barrel mark after negotiations over reopening the Strait of Hormuz hit another obstacle, with US President Donald Trump insisting any future deal must include additional concessions from Tehran.

Responding to Iran’s demands for sanctions relief and compensation, Trump argued that Iran should instead compensate the US for what he described as decades of damage.

The tougher rhetoric dampened expectations that a breakthrough is imminent, reversing some of the optimism that had built after officials suggested last week that an agreement could soon be reached.

The Pound (GBP) traded in a narrow range on Tuesday, finding modest support after a survey indicated that UK consumer confidence climbed to its highest level in almost two years.

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According to Barclays, household sentiment improved in July as concerns over personal finances and job security continued to ease.

The stronger mood was also reflected in spending habits, with favourable summer weather and the World Cup encouraging consumers to spend more on retail, hospitality and leisure activities.

Near-Term GBP/USD Forecast: Softer US Inflation to Pressure the ‘Greenback’?

Attention now turns to Wednesday’s US consumer price index, which is expected to be the key driver of movement in the Pound to US Dollar (GBP/USD) exchange rate.

Economists anticipate inflation eased again in July. If confirmed, the figures could reduce expectations of a Federal Reserve interest rate increase in September, potentially weighing on the US Dollar.

Meanwhile, Sterling investors will increasingly focus on Thursday’s UK GDP release.

Forecasts suggest economic growth slowed in the second quarter after a robust start to the year, although the UK economy is still expected to have expanded at a healthy pace.

A resilient growth reading could reinforce expectations that the Bank of England (BoE) may need to maintain a relatively hawkish stance, offering additional support to the Pound.

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TAGS: Pound Dollar Forecasts

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11 08, 2026

Oil Forecast, News and Analysis (WTI)

By |2026-08-11T23:31:36+03:00August 11, 2026|Forex News, News|0 Comments


On the daily chart, WTI Oil retains a constructive near-term bias as it holds slightly above the 21-day Simple Moving Average (SMA) at $81 and comfortably above the 50-day SMA at $78.

The Relative Strength Index (RSI) at 53.49 sits in neutral territory with a modest bullish tilt, while the Moving Average Convergence Divergence (MACD) indicator is slightly negative but close to the zero line, hinting at waning downside momentum rather than entrenched selling pressure.

On the downside, the 21-day SMA at $81.33 offers immediate support, followed by the 50-day SMA at $78.79. A deeper pullback would expose the horizontal support levels at $73.50 and $67.50.

On the topside, initial resistance is located at the 100-day SMA at $86.82. A sustained break above this level could open the door to further gains and strengthen the bullish bias.

(The technical analysis of this story was written with the help of an AI tool. Know more.)



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11 08, 2026

USD/JPY Forecast 11/08: Buyers Target 160 (Video)

By |2026-08-11T19:33:18+03:00August 11, 2026|Forex News, News|0 Comments

The US dollar has rallied against the Japanese yen again on Monday, as the interest rate differential continues to play out here.

USD/JPY

The US dollar has rallied a bit against the Japanese yen during the trading session here on Monday, bouncing from the 200-day EMA. The interest rates have climbed a little bit during the early part of the trading session on Monday, bouncing from the massive, hugely important 200-day EMA. With the 160 yen level above offering a bit of a target, I am more than comfortable being long of this market despite the fact that the Bank of Japan has intervened a couple of times in the past, once just a couple of weeks ago.

Bank of Japan Interventions and Long-Term Carry Trade Strategy

The interventions have always invited more buying, and I don’t know if that changes, but the reality is that the situation longer term in Japan is tenuous at best. There’s an expression: “Japan is a bug looking for a windshield.” That’s been around for years, and it looks like it’s finally coming to fruition.

As I get paid at the end of every day to hold this USD/JPY pair to the upside, I have been doing so for months, and I think I probably will continue to do so going forward unless something fundamentally changes. And right now, it really hasn’t. In fact, there’s still a 55% chance that the Federal Reserve raises interest rates in September, so that is still working for it.

On short-term pullbacks at this point in time, I am still a buyer of, slowly. This is an investment that I’ve been in for several months, roughly 10 or so, and so far, it has worked out quite well. Yes, there is volatility, but at the end of the day, if they give you an opportunity to buy cheap US dollars, not necessarily the worst thing.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

Christopher Lewis is a technical analyst and market commentator at DailyForex with more than two decades of trading experience in Forex and other leveraged markets. Based in Columbus, Ohio, he specializes in chart-based analysis of major currency pairs, stock indices, commodities, and energy markets, focusing on clear support and resistance levels, trend structure, and risk management. Christopher produces daily written and video analysis for traders who rely on technical setups to navigate volatile market conditions

As seen on: Pairs Of Aces Podcast,The Trader Guy, FXEmpire

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11 08, 2026

Forecast update for EURUSD -11-08-2026

By |2026-08-11T19:30:35+03:00August 11, 2026|Forex News, News|0 Comments


 

 

The EURUSD pair declined during its recent intraday trading, continuing its attempts to find a higher low that could form a base and help it gain the positive momentum needed to resume its recovery. This decline came despite the beginning of a positive divergence forming on the relative strength indicators, which didn’t reflect in the pair’s price action as a clear signal of easing negative pressure.

 

The pair is currently leaning on EMA50’s support, which continues to act as a support base and reinforce the dominance of the short-term corrective bullish trend.

 





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11 08, 2026

Platinum price is fluctuating below the resistance– Forecast today – 11-8-2026

By |2026-08-11T15:29:26+03:00August 11, 2026|Forex News, News|0 Comments


 

 

Platinum price remains stable below $1785.00 level, affected by the contradiction of the main indicators, which obstructs the chances of resuming the bullish attempts, surrendering to the sideways trend by its stability near $1758.00 level.

 

Facing extra negative pressure will force the price to activate the negative trend again, to expect to reach $1685.00 and $1642.00 gradually, while breaching the resistance will open the way for resuming the bullish attempts, to expect reaching $1825.00 initially, followed by the next target near $1870.00.

 

The expected trading range for today is between $1700.00 and$1790.00

 

Trend forecast: Bullish





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11 08, 2026

The GBPJPY records some targets– Forecast today – 11-8-2026

By |2026-08-11T11:31:47+03:00August 11, 2026|Forex News, News|0 Comments

 

 

The GBPJPY pair formed a strong bullish rally yesterday, benefiting from its stability above212.50 level, activating with the main indicators, to record several gains by reaching 215.20.

 

The stability of the trading above 55 moving average level besides the attempt of forming new support level at 214.05 level, these factors make us keep the bullish scenario, which might target 216.35 and 216.85.

 

The expected trading range for today is between 214.10 and 216.35

 

Trend forecast: Bullish



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11 08, 2026

Silver Price Forecast: XAG/USD Extends Rally Toward $69 as Momentum Builds | Forex News Technical Analysis

By |2026-08-11T11:28:42+03:00August 11, 2026|Forex News, News|0 Comments


BitcoinWorld

Silver Price Forecast: XAG/USD Extends Rally Toward $69 as Momentum Builds

Silver prices extended their upward move on [current date], with XAG/USD trading near the $69 level, as technical momentum and persistent safe-haven demand continue to support the precious metal. The rally, which has gained traction over recent sessions, reflects a combination of market factors including a softer US dollar, firming industrial demand, and heightened geopolitical uncertainty.

Technical Outlook: Key Levels to Watch

From a technical standpoint, silver has broken above several resistance levels, with the $69 mark emerging as the immediate target. Chart patterns indicate a series of higher highs and higher lows, a classic sign of bullish momentum. The next significant resistance sits at $70, a psychological level that could attract further buying if breached. On the downside, support is seen at $67.50, followed by the $66 zone, which previously acted as a consolidation area.

Momentum indicators, such as the Relative Strength Index (RSI), are approaching overbought territory, suggesting that while the trend remains upward, a short-term pullback could occur. Traders are closely watching these levels for potential entry or exit points, as the market digests recent gains.

Market Drivers Behind the Rally

The current silver rally is underpinned by several macroeconomic and market-specific factors. The US dollar index has softened, making dollar-denominated commodities like silver more attractive to international buyers. Additionally, expectations that major central banks may begin easing monetary policy later this year have boosted investor appetite for precious metals as a hedge against potential currency debasement.

Industrial demand also plays a crucial role. Silver is widely used in electronics, solar panels, and other green technologies, and supply constraints have been noted by industry analysts. The ongoing energy transition is expected to keep industrial consumption robust, providing a fundamental floor under prices.

Implications for Investors

For investors, the sustained rally in silver presents both opportunities and risks. Those holding long positions may benefit from continued upside if the breakout above $69 holds. However, the rapid pace of gains raises the possibility of a technical correction. Diversification remains key, and market participants should monitor global economic data and central bank communications for further direction.

Conclusion

Silver’s push toward $69 marks a notable chapter in its recent rally, driven by a mix of technical strength and supportive fundamentals. While the short-term outlook appears bullish, traders should remain cautious of volatility. The coming sessions will be critical in determining whether silver can sustain its momentum or if a pause is due.

FAQs

Q1: What does XAG/USD stand for?
XAG/USD is the ticker symbol for the spot price of silver against the US dollar. It represents how many US dollars are needed to purchase one troy ounce of silver.

Q2: Why is silver rallying toward $69?
The rally is driven by a softer US dollar, expectations of central bank easing, strong industrial demand, and technical breakout patterns. These factors have combined to attract buyers and push prices higher.

Q3: What are the key support and resistance levels for silver?
Immediate resistance is at $69 and then $70, while support is at $67.50 and $66. A break above $70 could open the door to further gains, while a drop below $66 might signal a deeper correction.

This post Silver Price Forecast: XAG/USD Extends Rally Toward $69 as Momentum Builds first appeared on BitcoinWorld.



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