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Canadian Dollar pulls back from two-month top as rebounding USD counters higher oil prices
The USD/CAD pair attracts some dip-buyers at the start of a new week and recovers a part of Friday's heavy losses to the 1.3925 area, or a nearly two-month low.
Indonesia Consumer Confidence fell from previous 117.8 to 116.8 in July
Indonesia Consumer Confidence fell from previous 117.8 to 116.8 in July
Japan Current Account n.s.a. below expectations (Â¥1512B) in June: Actual (Â¥-92.3B)
Japan Current Account n.s.a. below expectations (Â¥1512B) in June: Actual (Â¥-92.3B)
Gold bulls seem hesitant near $4,350 as Iran risks and Fed hike bets support USD
Gold (XAU/USD) climbs above $4,350, hitting a fresh high during the first half of the European session on Monday, though it remains below the highest level since June 17, set on Friday in reaction to the US Nonfarm Payrolls (NFP) report.
Japan Current Account n.s.a. below expectations (Â¥1512B) in June: Actual (Â¥923B)
Japan Current Account n.s.a. below expectations (Â¥1512B) in June: Actual (Â¥923B)
Japanese Yen comes under pressure as BoJ division, unexpected current account deficit
USD/JPY gains ground after registering modest losses in the previous day, trading around 158.20 during the Asian hours on Monday.
British Pound moves away from multi-week top as Hormuz risks support USD
The GBP/USD pair edges lower at the start of a new week and moves further away from an over three-week high, or levels just above the 1.3500 psychological mark touched on Friday.
Euro consolidates below its highest level since June 17 as Mideast tensions support USD
The EUR/USD pair kicks off the new week on a subdued note and trades just above 1.1550 during the Asian session, well within striking distance of a fresh high since June 17, touched in reaction to the disappointing US jobs data on Friday.
Hormuz tensions escalate as unconfirmed missile attack amid fragile US-Iran talks
The ongoing US-Iran conflict has entered a crucial diplomatic phase, with intense fighting and strategic pressure around the vital Strait of Hormuz continuing to drive the dynamic of the war.
PBOC sets USD/CNY reference rate at 6.7884 vs. 6.7904 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7884 compared to Friday's fix of 6.7904 and 6.7379 Reuters estimate.
BoJ Summary of Opinions: Board split on pace of rate hikes amid inflation risk
The Bank of Japan (BoJ) published the Summary of Opinions from the July 30-31 monetary policy meeting, which showed a split between members wanting to hold rates to assess the impact of the last rate hike and others pushing to continue or accelerate tightening. Key findings noted below.
WTI rises to near $79.50 amid uncertainty over reopening Strait of Hormuz
West Texas Intermediate (WTI) oil price gains ground after registering nearly 1.5% losses in the previous trading day, hovering around $79.40 per barrel during the Asian hours on Monday. Crude oil prices advance as persistent uncertainty surrounds efforts to reopen the critical Strait of Hormuz.
Japan Trade Balance - BOP Basis: ¥-135.2B (June) vs previous ¥6.9B
Japan Trade Balance - BOP Basis: ¥-135.2B (June) vs previous ¥6.9B