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Euro holds steady against US Dollar amid US debt strategy
EUR/USD remains stronger for the fourth successive trading day, hovering around 1.1680 during the Asian hours on Monday. The currency pair holds its ground as the US Dollar (USD) struggles under pressure from newly announced United States (US) fiscal moves.
Canadaās Carney: Retaliatory tariffs will start September 8
The United States (US) imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries fell apart on Friday. In response, Canadian Prime Minister Mark Carney said that the country would impose its own retaliatory tariffs beginning on September 8, CNBC reported.
Australian Dollar posts modest gains above 0.7150 on US Treasury buyback worries
The AUD/USD pair trades with mild gains around 0.7175 during the early Asian session on Monday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) amid concerns over the US Treasury's plan to expand buybacks of longer-dated government debt.
New Zealand Dollar edges lower below 0.6000 after weaker Retail Sales data
The NZD/USD pair declines to around 0.5970 during the early Asian session on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following New Zealand's downbeat economic data.
Iranās Araghchi says new sanctions threatened by 'desperate' US will fail
Iran's Foreign Minister Abbas Araghchi dismissed the threat of a fresh round of US economic sanctions as a ādesperateā ploy and said the expected new measures would fail to defeat Tehran, Reuters reported on Sunday.
New Zealand Retail Sales fall 0.5% QoQ in Q2, vs 0.1 expected
Retail Sales,a measures of the volume of sales of goods by retailers in New Zealand, fell 0.5% QoQ in the second quarter (Q2) of 2026 after rising 1.0% in Q1 (revised from 0.9%), the latest data published by the Statistics New Zealand showed onĀ Monday.Ā
New Zealand Retail Sales ex Autos (QoQ) declined to 0.7% in 2Q from previous 1%
New Zealand Retail Sales ex Autos (QoQ) declined to 0.7% in 2Q from previous 1%
New Zealand Retail Sales (QoQ) registered at -0.5%, below expectations (0.1%) in 2Q
New Zealand Retail Sales (QoQ) registered at -0.5%, below expectations (0.1%) in 2Q
New Zealand Retail Sales (QoQ) above expectations (0.1%) in 2Q: Actual (0.7%)
New Zealand Retail Sales (QoQ) above expectations (0.1%) in 2Q: Actual (0.7%)
AUD/USD Price Forecast: Bulls target YTD high after breakout
The Aussie Dollar finished the week with gains of over 0.82% on Friday and up more than 1.20% for the week as the US Dollar tumbled following the US Treasury Department's announcement of a bond buyback for the long end of the curve. The AUD/USD trades at 0.7170, after rebounding near 0.7067.
USD/CHF Price Forecast: Bulls reclaim 0.8000 as recovery stalls
The USD/CHF advanced on Friday, registering a modest 0.07% gain, trading at 0.8010. During the week, the pair finished with losses of over 1.49%, triggered by a drop in US yields on Wednesday, as the US Treasury tries to cap elevated yields on the 30-year bond.
US Treasury yields extend rebound as Services PMI beats estimates
US Treasury yields continue their recovery following the announcement of a bond buyback by the US Department of the Treasury, while data reveal that business activity remains solid despite a slowdown in manufacturing.
Mexican Peso reaches two-year high despite weaker Retail Sales
The Mexican currency appreciates to levels last seen in May 2024 as the USD/MXN falls to a two-year low as the US Dollar tumbles even though business activity in the services sector improved. The exotic pair trades at 16.92, down 0.22% for the week and 0.50% for the week.