Asia Roundup: Dollar stages recovery from two-month low, Asia stocks firm ,Gold steadies, Oil rises on Strait of Hormuz uncertainty-August 10th,2026

Asia markets steadied as the U.S. dollar recovered from a two-month low, supported by shifting expectations ahead of key inflation data this week. The European single currency eased, with EUR/USD pressured as investors looked to July CPI for clues on the Federal Reserve’s rate path, after July U.S. jobs data came in unexpectedly weak and prior months were revised lower. Analysts cited a core CPI forecast of 0.2% month-on-month and 2.5% year-on-year. Focus also includes Thursday producer prices and Friday retail sales. Trading guidance in the article highlighted levels for EUR/USD resistance around 1.1565 and support near 1.1517, with similar technical ranges provided for GBP/USD and AUD/USD ahead of the Reserve Bank of Australia decision and the Q2 Wage Price Index.