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Real-time News
Domestic News: 1. The Peoples Bank of China held its 2026 second-half work conference: continuing to implement a moderately loose monetary policy. 2. The State Administration of Foreign Exchange held its 2026 second-half foreign exchange management work exchange meeting: continuing to steadily expand institutional opening-up in the foreign exchange field. 3. China Cotton Association: opposing US sanctions and suppression of Chinese cotton textile enterprises. 4. State Grid: electricity load in many areas hit record highs, taking multiple measures to ensure power supply. International News: 1. Brazils Workers Party officially confirmed Lula as its presidential candidate. 2. The immigrant crisis in the Spanish enclave of Ceuta has resulted in 72 deaths. 3. OPEC+ agreed to increase the September oil production quota by 188,000 barrels per day. 4. Japanese officials: Japanese Finance Minister Satsuki Katayama will officially announce on Monday a coordinated Japan-US action to curb the yens depreciation; the intervention is not yet over. 5. Middle East situation—① Trump: received a request from Iran and agreed to cancel the strikes against Iran; the Iranian military called this a "lie." (Trump calls off strikes against Iran for the eighth time) ② Iranian President: The memorandum of understanding with the United States will be the core of our future diplomatic relations. ③ Iranian media: Reports that Iran has agreed to reopen the Strait of Hormuz are fake news. ④ Iranian Foreign Ministry: Negotiations between Iran and Oman are nearing completion. The Strait of Hormuz will not return to its pre-war state, and the reopening issue is unrelated to the Oman negotiations. ⑤ Israel claims Netanyahu learned of the US call to halt strikes against Iran through Trumps social media. ⑥ Iranian Parliament National Security Committee: Mediators are assisting in restoring the memorandum of understanding between Iran and the United States, and all parties have exchanged views on all issues. ⑦ Trump: US-Iran negotiations will begin tomorrow (morning of the 4th Beijing time), and an agreement has been reached on the Strait of Hormuz.August 3rd - According to CMEs "FedWatch": The probability of the Federal Reserve keeping interest rates unchanged by September is 26.4%, and the probability of a cumulative rate hike of 25 basis points is 73.6%. The probability of the Federal Reserve keeping interest rates unchanged by October is 19.9%, the probability of a cumulative rate hike of 25 basis points is 62.1%, and the probability of a cumulative rate hike of 50 basis points is 17.9%.The UK Maritime Trade Operations Office reports an incident 20 nautical miles northeast of Sab in the Sea of Oman. The captain of an oil tanker reports hearing an explosion near his vessel.U.S. 10-year Treasury futures rose 13 points, and 30-year Treasury futures rose 22 points.Chart: Performance of major currency pairs on Monday, August 3, 2026

Trading Essentials

Just starting out? Begin your trading education with our Foundational Trading Knowledge course. Learn about a variety of markets like foreign exchange, commodities and equities and how they operate. Discover the right trading style for you and get to grips with key trading processes and market psychology.

  • Recognize Fundamental Analysis

    Fundamental analysis is critical in the realm of finance since it is used to value anything from corporate shares to real estate. It is a major technique for currency traders to investigate the underlying causes of seemingly random exchange rate changes.

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  • What Is the Difference Between Bearish and Bullish Markets?

    Simply defined, a bear market is one in which prices are declining, whereas a bull market is one in which prices are increasing.

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  • Forex Trading Tips for Beginners

    ​Before you embark on a new endeavor, review the fundamentals. Let's have a look at some trading pointers that every trader should keep in mind prior to trading currency pairs.

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  • Fibonacci Theory

    Before we get too far into the meaning of Fibonacci, let us first address the question, "Who is Fibonacci?" Leonardo Pisano, or Leonardo Fibonacci, was a Middle Ages European mathematician who published the Liber Abaci (Book of Calculation) in 1202 AD. He covered a range of themes in this book, including how to convert currencies and measures for business, how to calculate profit and interest, and how to solve a variety of mathematical and geometric equations.

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  • How To Day Trade Forex: An Introduction To The Technique

    Forex day trading is a common strategy for trading currencies on charts with a shorter timeframe horizon. Continue reading to learn more about day trading forex, how to incorporate it into a plan, and how to manage risk successfully.

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  • What is a Stock Market Bear Trap?

    Numerous risks are inherent when investing in or trading in the equities markets. However, what increases your danger is your inability to spot or escape the numerous traps set up specifically to steal your money. The Bear Trap in Stocks is one such trap.

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  • Stock Market Psychology: Critical Concepts Every Trader Should Understand

    Stock market psychology is the capacity to recognize and manage the emotions and behaviors that may arise during trading. While the stock market is a forward-looking gauge of expectations for corporate profits performance, it is frequently influenced by variables affecting both individual and collective trading psychology.

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  • The Top 8 Forex Trading Strategies and their Advantages and Disadvantages

    A forex trading strategy is a mathematical formula used by a forex trader to determine when to purchase or sell a currency pair. Traders can employ a variety of forex tactics, including technical analysis and fundamental analysis. A competent forex trading strategy enables a trader to do market analysis and confidently execute deals while employing effective risk management approaches.

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