Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
India HSBC Manufacturing PMI below forecasts (53.9) in July: Actual (53.5)
India HSBC Manufacturing PMI below forecasts (53.9) in July: Actual (53.5)
EUR/USD Price Forecast: Gains traction above 1.1500, while remaining constrained below 100-day SMA
The EUR/USD pair trades in positive territory near 1.1535 during the early European trading hours on Monday, bolstered by improved risk sentiment.
Indonesia Trade Balance came in at $-0.45B, above expectations ($-0.79B) in June
Indonesia Trade Balance came in at $-0.45B, above expectations ($-0.79B) in June
Indonesia Imports registered at 34.27% above expectations (25.3%) in June
Indonesia Imports registered at 34.27% above expectations (25.3%) in June
Indonesia Exports above forecasts (0.25%) in June: Actual (8.84%)
Indonesia Exports above forecasts (0.25%) in June: Actual (8.84%)
Indonesia Core Inflation (YoY) below expectations (2.8%) in July: Actual (2.76%)
Indonesia Core Inflation (YoY) below expectations (2.8%) in July: Actual (2.76%)
Indonesia Inflation (YoY) registered at 2.88%, below expectations (3.2%) in July
Indonesia Inflation (YoY) registered at 2.88%, below expectations (3.2%) in July
Indonesia Inflation (MoM) below expectations (0.1%) in July: Actual (-0.14%)
Indonesia Inflation (MoM) below expectations (0.1%) in July: Actual (-0.14%)
Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes
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% for the day amid mixed fundamental cues.
Australian Dollar remains stronger following China’s RatingDog Manufacturing PMI data
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.
New Zealand holds gains near 0.5900 despite weaker China PMI data
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.
Australian Dollar languishes near April low as joint US-Japan intervention lifts Yen
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.
British Pound struggles despite easing risk aversion
GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday.

