Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
Japanese Yen advances on BoJ rate hike bets, subdued US Dollar
USD/JPY extended its losses for the second straight day after intraday volatility, trading around 158.80 during Asian hours on Monday. The pair declines as the Japanese Yen (JPY) gains ground on stronger-than-expected inflation data, which accelerated for a second straight month.
Canadian Dollar bears seem hesitant as weak USD counters US-Canada trade war
The USD/CAD pair struggles to capitalize on a bullish gap opening on Monday, though it retains an intraday positive bias amid concerns about a deepening US-Canada trade war.
Gold gains momentum above $4,600 on US Treasury buyback plans
Gold price (XAU/USD) gains traction to around $4,625 during the early Asian trading hours on Monday. The precious metal climbs to the highest since May 15 as the US Treasury's buyback support plan weighs on the US Dollar (USD).
WTI slips below $85.00 as traders take profits before new US sanctions on Iran
West Texas Intermediate (WTI) oil price depreciates after two days of gains, trading around $84.80 per barrel during the Asian hours on Monday. Crude oil prices decline as investors took profits ahead of an expected US announcement regarding stricter sanctions against Iran.
British Pound holds near Feb. 11 highs vs weak USD as bulls await breakout above 1.3660
The GBP/USD pair trades with a positive bias around mid-1.3600s at the start of a new week and remains well within striking distance of its highest level since February 11, touched on Friday.
PBOC sets USD/CNY reference rate at 6.7841 vs. 6.7817 previous
On Monday, the Peopleās Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7841 compared to Friday's fix of 6.7817 and 6.7248 Reuters estimate.
Euro holds steady against US Dollar amid US debt strategy
EUR/USD remains stronger for the fourth successive trading day, hovering around 1.1680 during the Asian hours on Monday. The currency pair holds its ground as the US Dollar (USD) struggles under pressure from newly announced United States (US) fiscal moves.
Canadaās Carney: Retaliatory tariffs will start September 8
The United States (US) imposed 50% tariffs on some Canadian products on Saturday after trade talks between the two countries fell apart on Friday. In response, Canadian Prime Minister Mark Carney said that the country would impose its own retaliatory tariffs beginning on September 8, CNBC reported.
Australian Dollar posts modest gains above 0.7150 on US Treasury buyback worries
The AUD/USD pair trades with mild gains around 0.7175 during the early Asian session on Monday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) amid concerns over the US Treasury's plan to expand buybacks of longer-dated government debt.
New Zealand Dollar edges lower below 0.6000 after weaker Retail Sales data
The NZD/USD pair declines to around 0.5970 during the early Asian session on Monday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) following New Zealand's downbeat economic data.
Iranās Araghchi says new sanctions threatened by 'desperate' US will fail
Iran's Foreign Minister Abbas Araghchi dismissed the threat of a fresh round of US economic sanctions as a ādesperateā ploy and said the expected new measures would fail to defeat Tehran, Reuters reported on Sunday.
New Zealand Retail Sales fall 0.5% QoQ in Q2, vs 0.1 expected
Retail Sales,a measures of the volume of sales of goods by retailers in New Zealand, fell 0.5% QoQ in the second quarter (Q2) of 2026 after rising 1.0% in Q1 (revised from 0.9%), the latest data published by the Statistics New Zealand showed onĀ Monday.Ā
New Zealand Retail Sales ex Autos (QoQ) declined to 0.7% in 2Q from previous 1%
New Zealand Retail Sales ex Autos (QoQ) declined to 0.7% in 2Q from previous 1%

