Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Euro: Upside room toward 1.1800 against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann keep a constructive view on EUR/USD after the pair held near 1.1680 and tested 1.1710 twice.
Norway Credit Indicator fell from previous 4.4% to 4.3% in July
Norway Credit Indicator fell from previous 4.4% to 4.3% in July
EUR/USD Price Forecast: Holds steady below 1.1700 as overbought momentum tempers further gains
The EUR/USD pair holds steady near 1.1680 during the early European trading hours on Monday. Fiscal interventions from the US Treasury weigh on the US Dollar (USD) against the Euro (EUR). Traders brace for details of sanctions on Iran and a policy ‌speech this week in the United States (US).Â
Indonesian Rupiah declines despite prevailing high interest rates, weaker US Dollar
USD/IDR gains ground after three days of losses, trading around 17,740 during the Asian hours on Monday. However, the currency pair could face headwind pressure as the Indonesian Rupiah (IDR) may draw renewed support from lingering high interest rates.
NZD/USD Price Forecast: Consolidates near June high as bulls await breakout through 0.6000
The NZD/USD pair enters a bullish consolidation phase at the start of a new week and trades around the 0.5975 region during the Asian session, just below its highest level since June, touched on Friday.
Singapore Consumer Price Index (YoY): 2.2 (July) vs 1.9
Singapore Consumer Price Index (YoY): 2.2 (July) vs 1.9
Swiss Franc advances as Dollar slides on US bond buyback surge
USD/CHF depreciates after two days of gains, trading around 0.8000 during the Asian hours on Monday. The currency pair depreciates as the US Dollar (USD) struggles under pressure from newly announced fiscal measures in Washington.
EUR/JPY Price Forecast: Softens to near 185.50, but maintaining constructive bias above 100-day SMA
The EUR/JPY cross trades with mild losses near 185.60 during the early European session on Monday.
Gold sticks to gains near mid-May highs; bulls turn cautious amid notable USD strength
Gold (XAU/USD) maintains its bullish tone through the first half of the European session and remains close to its highest level since May 15, which it touched earlier this Monday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Indian Rupee inches lower as US Dollar rises on safe-haven demand
The Indian Rupee (INR) loses ground on Monday as the US Dollar (USD) gains on rising safe-haven demand driven by escalating geopolitical tensions in the Middle East.
Silver Price Forecast: XAG/USD holds bullish below $70.00/two-month high set on Friday
Silver (XAG/USD) seesaws between tepid gains and minor losses around the $69.00 mark through the Asian session on Monday. The white metal, however, remains within striking distance of a two-month high, around the $70.00 psychological mark touched on Friday, and seems poised to appreciate further.
United States Dollar Index softens below 99.00 on US fiscal concerns
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 98.80 in the Asian trading hours on Monday.

