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Euro: September hike outlook offers support against US Dollar – UOB
UOB strategists highlight that EUR/USD slipped slightly to 1.1369 as comments from European Central Bank (ECB) Governing Council member Gediminas Simkus suggested a rate increase remains more likely than a hold.
Japanese Yen gains against US Dollar at the start of Fed-BoJ policy week
The Japanese Yen starts the week on a positive note against the US Dollar (USD), but is down against its other currency peers.
AUD/USD Price Forecast: Consolidates near 0.7000 as bulls await 38.2% Fibo. breakout
The AUD/USD pair struggles to capitalize on a modest bullish gap opening on Monday and oscillates in a narrow band around the 0.7000 psychological mark through the Asian session.
EUR/JPY Price Forecast: Holds gains around 186.50 within rising wedge
EUR/JPY gains ground after registering minor losses in the previous day, trading around 186.50 during the Asian hours on Monday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
Swiss Franc climbs as US Dollar falls on easing safe-haven demand
USD/CHF depreciates after five days of losses, trading around 0.8150 during the Asian hours on Monday.
Indonesian Rupiah weakens as Bank Indonesia Governor Perry Warjiyo resigns
USD/IDR has recovered its losses from the previous trading day, hovering around 18,050 during the Asian hours on Monday.
New Zealand Dollar bulls seem hesitant; downside seems limited amid weak USD
The NZD/USD pair kicks off the new week on a positive note amid a broadly weaker US Dollar (USD), though it struggles to capitalize on gains beyond the 0.5800 mark.
British Pound strengthens beyond mid-1.3300s vs weak USD amid fresh Iran diplomacy hopes
The GBP/USD pair builds on Friday's modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week.
Euro climbs beyond 1.1400 as renewed Iran diplomacy hopes undermine safe-haven USD
The EUR/USD pair builds on a modest bullish gap opening and climbs back above the 1.1400 mark during the Asian session on Monday. The intraday move up is sponsored by a broadly weaker US Dollar (USD), weighed down by renewed optimism over a diplomatic resolution to end a five-month-old US-Iran war.
Japan Corporate Service Price Index (YoY): 3.2% (June) vs previous 3.3%
Japan Corporate Service Price Index (YoY): 3.2% (June) vs previous 3.3%
Japanese Yen gains as oil prices fall after US-Iran strike pause
USD/JPY remains subdued for the second successive day, trading around 163.60 during the Asian hours on Monday.
PBOC sets USD/CNY reference rate at 6.7911 vs. 6.7939 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7911 compared to Friday's fix of 6.7939.
Australian Dollar gains as Mideast tensions ease, RBA rate expectations rise
AUD/USD extends its gains for the second consecutive trading day, hovering near 0.7000 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) declines alongside a sharp drop in oil prices.