Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Japan Tertiary Industry Index (MoM) above forecasts (-1%) in June: Actual (-0.2%)
Japan Tertiary Industry Index (MoM) above forecasts (-1%) in June: Actual (-0.2%)
Japan Industrial Production (MoM) registered at 1.9% above expectations (1.3%) in June
Japan Industrial Production (MoM) registered at 1.9% above expectations (1.3%) in June
AUD/JPY Price Forecast: Edges higher above 113.00, bullish bias prevails above 100-day SMA
The AUD/JPY cross trades in positive territory near 113.00 during the early European session on Monday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid weaker-than-expected Japanese Gross Domestic Product (GDP) data.
Indian Rupee moves little as RBI swap exit, US Dollar weakens
The Indian Rupee (INR) remains stronger against the US Dollar (USD) on Monday after two days of losses, with the USD/INR pair trading around 95.60 at the time of writing.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold sticks to gains near $4,400 as USD slumps to two-month low on receding Fed hike bets
Gold (XAU/USD) maintains its bullish tone through the first half of the European session and currently trades around $4,400, up for the second straight day. The commodity, however, remains below the highest level since June 5, touched last Thursday, amid a mixed fundamental backdrop.
EUR/JPY Price Forecast: Tests rising wedge bottom near 184.00
EUR/JPY depreciates after two days of gains, trading around 184.20 during the Asian hours on Monday.
United States Dollar Index weakens to near 99.50 as traders push back Fed rate hike bets
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 99.50 in the Asian trading hours on Monday. The DXY loses momentum as data showed US Retail Sales unexpectedly declined in July.Â
Silver Price Forecast: XAG/USD bulls await acceptance above $66.00, 100-day EMA breakout
Silver (XAG/USD) is seen building on Friday's bounce from mid-$63.00s and gaining some follow-through positive traction at the start of a new week.
Australian Dollar rises on hawkish RBA outlook
AUD/USD gains ground for the second successive day, trading around 0.7090 during the Asian hours on Monday. The pair appreciates as the Australian Dollar (AUD) gains on the hawkish policy stance by the Reserve Bank of Australia (RBA).
Canadian Dollar advances due to softer US Dollar, higher oil prices
USD/CAD extends its losses for the third consecutive day, trading around 1.3870 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) declines amid weaker-than-expected US economic data and shifting central bank expectations.
WTI posts modest gains above $81.50 as traders weigh US-Iran deadlock
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $81.60 during the Asian trading hours on Monday. WTI remains volatile as talks to reopen the Strait of Hormuz have completely deadlocked. Â
New Zealand Dollar advances beyond 0.5900, highest since June 3 as USD stays weak
The NZD/USD pair attracts buyers for the second straight day and climbs above the 0.5900 mark, hitting a fresh high since June 3 during the Asian session on Monday.

