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USD/CHF Price Forecast: Bulls target 0.8150 after SMA bounce
The USD/CHF rises by about 0.27% on Monday as traders buy the Greenback following an intervention in FX markets by US and Japanese authorities.
New Zealand Dollar holds as traders brace for New Zealand jobs data
NZD/USD trades with a flat tone near the 0.5870 zone on Monday, holding onto the bulk of last week's advance but struggling to extend it as the US Dollar (USD) regains composure.
Forex Today: Oil collapses on Iran talks, Yen holds gains
Oil prices fell sharply on Monday amid growing expectations that talks between the US and Iran will resume soon. US President Donald Trump stated that conversations are underway after Tehran said it had no plans for direct negotiations.
Argentina Tax Revenue (MoM): 22B (July) vs previous 20017B
Argentina Tax Revenue (MoM): 22B (July) vs previous 20017B
Mexican Peso outpaces broad US Dollar strength ahead of Banxico’s rate decision
The Mexican Peso (MXN) gains ground against the US Dollar (USD) on Monday as risk appetite increases the carry-trade appeal of the emerging-market currency, while traders await the release of the Bank of Mexico (Banxico) monetary policy meeting later this week.
Gold slips as USD rebounds, strong ISM data clouds Fed path
Gold (XAU/USD) price retreats on Monday as the US Dollar (USD) recovers some ground, even though hostilities in the Middle East paused at the request of Iran and other Middle Eastern countries, according to US President Donald Trump. The XAU/USD pair trades at $4,037, down 0.12%.
Trump: This is a last chance for Iran
United States (US) President Donald Trump said on Monday that Washington is currently holding talks with Iran, adding that the discussions are taking place at Tehran's request and describing them as a final opportunity for the Islamic Republic.
United States Dollar Index rebounds toward 100 amid US-Iran, Fed uncertainty
The US Dollar Index (DXY) stages a modest comeback on Monday as stronger-than-expected US manufacturing Purchasing Managers Index (PMI) data and uncertainty over US-Iran talks help the Greenback stabilize following last week’s sell-off, triggered by joint intervention from Washington and Tokyo to su
Japanese Yen steadies near post-intervention highs ahead of BoJ Minutes
USD/JPY trades with a soft tone near the 156.90 area on Monday as the Japanese Yen (JPY) holds the bulk of the gains secured at the end of last week, when intervention by Japanese authorities and a relatively hawkish Bank of Japan (BoJ) policy announcement triggered a sharp unwind in the pair.
British Pound slips as strong ISM data revives the US Dollar
The Pound Sterling (GBP) retreats some 0.27% on Monday as the Greenback recovers some ground amid a pause in US strikes on Iran, while both parties are expected to resume negotiations aimed at securing a rapid deal. The GBP/USD pair trades at 1.3439, after reaching a daily high of 1.3506.
WTI Oil plunges as Trump revives US-Iran peace hopes
West Texas Intermediate (WTI) US Oil trades around $78.45 at the time of writing on Monday, down 7.76% on the day, as investors unwind the geopolitical risk premium following announcements of a potential agreement between the United States (US) and Iran.
USD/CHF Price Forecast: Technical outlook stays constructive above 0.8000
USD/CHF edges higher on Monday as softer Swiss inflation data and a modest recovery in the US Dollar (USD) weigh on the Swiss Franc (CHF). At the time of writing, the pair trades around 0.8109, up 0.38% on the day.
Australian Dollar slips after upbeat US ISM Manufacturing data
AUD/USD extends its pullback toward the 0.6990 area during Monday's American session after stronger-than-expected United States (US) manufacturing data reinforced the US Dollar (USD).