Market News
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Swiss Franc declines as safe-haven demand supports US Dollar
USD/CHF inches higher after registering over 0.5% losses in the previous trading day, hovering around 0.8090 during the Asian hours on Monday.
New Zealand Dollar drifts lower as USD recovers from post-NFP lows amid Mideast jitters
The NZD/USD pair is seen extending Friday's late pullback from the vicinity of the monthly peak – levels just above the 0.5900 mark – and drifting lower at the start of a new week.
United States Dollar Index advances above 99.50 due to Middle East risks
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after registering modest losses in the previous day and trading around 99.70 during the Asian hours on Monday.
Silver Price Forecast: XAG/USD starts US CPI week on flat note around $63.50
Silver price (XAG/USD) trades in a tight range at around $63.50 during the Asian trading session at the start of the week. The white metal struggles for direction but is close to an almost seven-week high of $65.16 posted on Friday.
Australian Dollar weakens as safe-haven demand lifts US Dollar
AUD/USD inches lower after registering modest gains in the previous day, trading around 0.7060 during the Asian hours on Monday. The pair holds losses as the US Dollar (USD) receives support from broad risk aversion.
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.