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US President Donald Trump says was ready to strike Houthis in Yemen, then pulled back
US President Donald Trump reversed himself twice on whether the United States (US) should strike the Houthis in Yemen, according to the New York Times.
Indonesian Rupiah declines as US Dollar remains stronger amid hawkish Fed tone
USD/IDR extends its winning streak for the eighth successive day, trading around 17,850 during the Asian hours on Monday. The pair remains stronger as the US Dollar (USD) gains support amid hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Euro flatlines against Japanese Yen as intervention risks rise
The EUR/JPY cross holds steady around 180.25 during the early European trading hours on Monday. Japan markets are closed for a three-day holiday, leading to low liquidity. Traders remain on high alert for currency intervention from Japanese authorities to prop up the volatile currency.
Euro stays defensive vs USD amid geopolitical risks as traders await Lagarde's speech
The EUR/USD pair struggles to capitalize on Friday's modest bounce from the vicinity of mid-1.1400s, or the lowest level since late July, and edges lower at the start of a new week. Spot prices currently trade around the 1.1475 region and seem vulnerable amid rising geopolitical tensions.
Swiss Franc weakens as US Dollar gain support on hawkish Fed outlook
USD/CHF gains ground after two days of losses, trading around 0.8230 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains support amid hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.
Silver Price Forecast: XAG/USD consolidates near $66.35 at the start of the week
Silver price (XAG/USD) trades in a tight range at the start of the week near $66.35 during the Asian trading session. The white metal consolidates while investors remain focused on developments in Middle East regarding the oil supply and the United States (US) interest rate outlook.
United States Dollar Index holds firm on hawkish Fed outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 100.30 during Asian hours on Monday.
AUD/USD Price Forecast: Holds comfortably above 0.7100 as bulls await Trump-Xi meeting
The AUD/USD pair attracts some dip-buyers following a modest gap-down open on Monday and holds comfortably above the 0.7100 mark through the Asian session.
Gold edges lower to near $4,350 on Fed hawkish stance, Middle East tensions
Gold price (XAU/USD) edges lower to near $4,365 during the early Asians session on Monday. The precious metal loses momentum amid escalating tensions in the Middle East and hawkish remarks from Federal Reserve (Fed) officials. Traders await the Fedspeak later this week for fresh impetus.
Canadian Dollar seems vulnerable near August 7 low amid sliding oil prices, trade tensions
The USD/CAD pair attracts some dip-buyers at the start of a new week, stalling Friday's modest pullback from levels beyond the 1.4000 psychological mark, or the highest since August 7. Moreover, the supportive fundamental backdrop backs the case for an extension of a nearly two-week-old uptrend.
Ukraine attacks on Moscow oil refinery in massive drone and missile attack
Ukraine carried out a large-scale overnight drone and missile attack targeting Moscow and the surrounding region on Sunday, BBC reported.Â
Houthis claim attacks on Saudi capital, thick smoke seen near Riyadh airportÂ
Yemenâs Houthis said that they attacked âsensitiveâ sites in the Saudi capital Riyadh with missiles and drones, hours after flames and a large plume of smoke were seen near the cityâs main airport, the Guardian reported on Saturday.