The USD/JPY pair tumbles to near 156.45 during the early European trading hours on Monday. The Japanese Yen (JPY) climbs amid speculation that Japanese authorities may have intervened to prop up the currency again after…
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY declines amid improved…
United Overseas Bank’s (UOB) Quek Ser Leang observes EUR/USD rebounded sharply after a dip to 1.1453, with scope to extend gains toward 1.1565 intraday, provided it holds above 1.1495. On a 1–3 week view, he sees potent…
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The British Pound (GBP) underperforms its major currency peers, trading 0.1% lower at around 1.3470 against the US Dollar (USD) during the early European trading session on Monday. The GBP/USD declines as traders recons…
German Retail Sales, a key measure of consumer spending, showed a downside in June. The consumer spending measure fell 1.1% month-on-month (MoM), according to official data released by Destatis, while it was expected to…
The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR extends its losing streak for the third trading day, is down 0.25% to near 95.15, the lowest level seen in over thr…
EUR/JPY extends its gains for the third successive day, trading around 179.40 during the Asian hours on Monday. The currency cross is extending a bearish near-term tone as price holds beneath both the nine-period and 50…
The USD/CAD pair kicks off the new week on a positive note, though it lacks bullish conviction and remains confined within Friday's broader range. Spot prices currently trade around the 1.4030 region, up less than 0.10%…
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
China's RatingDog Manufacturing Purchasing Managers' Index (PMI) eased to 50.9 in July from 51.7 in June the latest data published by RatingDog showed on Monday. The market forecast was for a 51.5 reading.
USD/IDR remains subdued for the fourth successive day, trading around 18,040 during the Asian hours on Monday. The pair experiences notable downside pressure as the Indonesian Rupiah (IDR) strengthens in response to enc…
Gold (XAU/USD) extends its sideways consolidative price move through the first half of the European session and trades above the $4,050 level following a modest bullish gap on Monday. A goodish US Dollar (USD) recovery …
Japan and the US have confirmed that they jointly intervened last week to halt a slide in the yen to a fresh 40-year low.
Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports tha…
The NZD/USD pair holds positive ground near 0.5890 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains firm despite the downbeat Chinese economic data. Traders will closely monitor the develop…
The AUD/JPY cross turns lower for the fifth straight day after a modest uptick to the 111.20 region on Monday and drops to its lowest level since early April during the Asian session. Spot prices currently trade around …
GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday. The currency pair may regain its footing as the US Dollar (USD) struggles under easing risk aversion, driven by hop…
The AUD/USD pair gains ground to near 0.7040 during the early Asian session on Monday. The Australian Dollar (AUD) strengthens against the US Dollar (USD) on improved risk sentiment after the reports that US President D…
Japan's Finance Minister Satsuki Katayama said on Monday that Japanese authorities conducted coordinated Yen-buying intervention with the United States (US) on Friday, adding that officials will not hesitate to carry ou…
The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to boost oil production by 188,000 barrels a day (bpd) from September, against a backdrop of disruption caused by the Mideast war.
Spider-Man: Brand New Day brought in $927m (£687m) of global ticket sales to make it the second-biggest opening weekend ever as it shot past its estimated $225m production budget.
AUD/USD depreciates after opening at a bullish gap, remaining in the positive territory and trading around 0.7030 during the Asian hours on Monday. The currency pair maintains its gains as the Australian Dollar (AUD) re…
At least five victims of the former Harrods owner Mohamed Al Fayed have been confirmed by the Home Office as victims of human trafficking.