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WTI falls to near $93.50 as Middle East diplomacy hopes ease supply fears
West Texas Intermediate (WTI) oil price continues its losing streak for the fourth successive day, trading around $93.60 per barrel during the Asian hours on Monday.
New Zealand Dollar languishes near two-month low vs USD as bears await break below 0.5700
The NZD/USD pair attracts some sellers for the second straight day and trades around the 0.5720-0.5715 zone during the Asian session on Monday, well within striking distance of an over two-month low set last week.
Singapore Unemployment rate in line with forecasts (2%) in 2Q
Singapore Unemployment rate in line with forecasts (2%) in 2Q
PBOC sets USD/CNY reference rate at 6.7487 vs. 6.7521 previous
On Monday, the Peopleās Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7487 compared to Friday's fix of 6.7521 and 6.6951 Reuters estimate.
US Treasury Secretary Bessent says had a very successful engagement with China on trade and AI
US Treasury Secretary Scott Bessent spoke ahead of the US President Donald Trump and Chinese President Xi Jinping summit, saying that he had a very successful engagement with China on trade and AI, Reuters reported on Monday.Ā
Japanese Yen bulls seem hesitant amid BoJ's dovish rate hike as Fed bets support USD
The USD/JPY pair attracts some sellers following a modest Asian session uptick to the 157.10 area and moves away from a two-week high, touched on Friday in reaction to the Bank of Japan's (BoJ) dovish rate hike.
British Pound slips as hawkish Fed outlook boosts US Dollar
GBP/USD inches lower after registering modest gains in the previous trading day, hovering around 1.3390 during Asian hours on Monday. The pair loses ground as the US Dollar (USD) holds ground amid hawkish sentiment surrounding the Federal Reserve (Fed) policy outlook.
Euro edges higher above 1.1450 despite Fed hawkish stance
The EUR/USD pair posts modest gains near 1.1485 during the early Asian session on Monday. However, the potential upside for the major pair might be limited amid the US Federal Reserveās (Fed) hawkish hike and ongoing Middle East tensions.
Confirmed: PBOC leaves Loan Prime Rates unchanged in September
TheĀ Peopleās Bank of China (PBOC), China's central bank, announced toĀ leave its Loan PrimeĀ RatesĀ (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Fedās Kashkari: Inflation is still too high in āall aspectsā of US economy
Minneapolis Federal Reserve (Fed) President Neel Kashkari said that inflation is too high across all sectors āof the US economy, not just in rising oil prices, Reuters reported on Sunday.
US, China open high-level talks ahead of Trump-Xi summit
US and Chinese officials began talks in New York aimed at clearing the way for possible agreements on trade, Artificial Intelligence (AI) and critical minerals ahead of a meeting between US President Donald Trump and Chinese President Xi Jinping later on Thursday, Bloomberg reported on Sunday.
Australian Dollar edges lower as Fed hike bets grow ahead of Trump-Xi summit
The AUD/USD pair trades with mild losses around 0.7120 during the early Asian session on Monday. The US dollar (USD) edges higher against the Australian Dollar (AUD) as the US Federal Reserve (Fed) delivered a 25-basis-point rate hike and flagged more hikes in the coming months.Ā
United Kingdom Rightmove House Price Index (YoY) rose from previous -1%Ā to -0.8% in September
United Kingdom Rightmove House Price Index (YoY) rose from previous -1%Ā to -0.8% in September