Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
NZD/USD Price Forecast: Consolidates near June high as bulls await breakout through 0.6000
The NZD/USD pair enters a bullish consolidation phase at the start of a new week and trades around the 0.5975 region during the Asian session, just below its highest level since June, touched on Friday.
Singapore Consumer Price Index (YoY): 2.2 (July) vs 1.9
Singapore Consumer Price Index (YoY): 2.2 (July) vs 1.9
Swiss Franc advances as Dollar slides on US bond buyback surge
USD/CHF depreciates after two days of gains, trading around 0.8000 during the Asian hours on Monday. The currency pair depreciates as the US Dollar (USD) struggles under pressure from newly announced fiscal measures in Washington.
EUR/JPY Price Forecast: Softens to near 185.50, but maintaining constructive bias above 100-day SMA
The EUR/JPY cross trades with mild losses near 185.60 during the early European session on Monday.
Gold sticks to gains near mid-May highs; bulls turn cautious amid notable USD strength
Gold (XAU/USD) maintains its bullish tone through the first half of the European session and remains close to its highest level since May 15, which it touched earlier this Monday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Indian Rupee inches lower as US Dollar rises on safe-haven demand
The Indian Rupee (INR) loses ground on Monday as the US Dollar (USD) gains on rising safe-haven demand driven by escalating geopolitical tensions in the Middle East.
Silver Price Forecast: XAG/USD holds bullish below $70.00/two-month high set on Friday
Silver (XAG/USD) seesaws between tepid gains and minor losses around the $69.00 mark through the Asian session on Monday. The white metal, however, remains within striking distance of a two-month high, around the $70.00 psychological mark touched on Friday, and seems poised to appreciate further.
United States Dollar Index softens below 99.00 on US fiscal concerns
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 98.80 in the Asian trading hours on Monday.
Japanese Yen advances on BoJ rate hike bets, subdued US Dollar
USD/JPY extended its losses for the second straight day after intraday volatility, trading around 158.80 during Asian hours on Monday. The pair declines as the Japanese Yen (JPY) gains ground on stronger-than-expected inflation data, which accelerated for a second straight month.
Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
The USD/CAD pair struggles to capitalize on a bullish gap opening on Monday, though it retains an intraday positive bias amid concerns about a deepening US-Canada trade war.
Gold gains momentum above $4,600 on US Treasury buyback plans
Gold price (XAU/USD) gains traction to around $4,625 during the early Asian trading hours on Monday. The precious metal climbs to the highest since May 15 as the US Treasury's buyback support plan weighs on the US Dollar (USD).
WTI slips below $85.00 as traders take profits before new US sanctions on Iran
West Texas Intermediate (WTI) oil price depreciates after two days of gains, trading around $84.80 per barrel during the Asian hours on Monday. Crude oil prices decline as investors took profits ahead of an expected US announcement regarding stricter sanctions against Iran.

