Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
GBP/USD Price Forecast: YTD low near 1.3140 to act as key support level
The British pound (GBP) is down 0.26% to near 1.3200 against the US Dollar (USD) during the early European trading session on Monday.
Indian Rupee edges up at start of RBI's policy week
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) after an extended weekend. Indian markets were closed on Friday due to Mahatma Gandhi Jayanti.
AUD/JPY Price Forecast: Declines below 110.00, technical bias stays bearish
The AUD/JPY cross trades in negative territory around 109.70 during the early European session on Monday.
Singapore Retail Sales (MoM) dipped from previous 0.9%Â to -1% in August
Singapore Retail Sales (MoM) dipped from previous 0.9%Â to -1% in August
Japan Consumer Confidence Index registered at 35.4 above expectations (35.3) in September
Japan Consumer Confidence Index registered at 35.4 above expectations (35.3) in September
Singapore Retail Sales (YoY) down to 0.7% in August from previous 1.5%
Singapore Retail Sales (YoY) down to 0.7% in August from previous 1.5%
EUR/JPY Price Forecast: Tests descending channel lower boundary near 176.50
EUR/JPY continues its losing streak for the seventh consecutive day, trading around 176.70 during Asian hours on Monday.
Gold clings to gains as receding Fed hike and soft US bond yields counter strong USD
Gold (XAU/USD) sticks to modest intraday gains through the first half of the European session on Monday, though it remains confined within a one-week-old range amid mixed cues.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Breaking: Euro plummets to May 2025 low vs bullish USD amid France's debt crisis
The EUR/USD pair comes under intense selling at the start of a new week, breaking below the 1.1200 mark and hitting its lowest level since May 2025 during the Asian session.
Swiss Franc weakens as safe-haven demand lifts US Dollar
USD/CHF gains ground after two days of losses, trading around 0.8310 during Asian hours on Monday. The pair is currently appreciating due to a strengthening US Dollar (USD) amid rising safe-haven demand, which could be attributed to deteriorating geopolitical conditions in the Middle East.
Japan’s Kihara: There are no plans to carry out a further oil release
Japanese Chief Cabinet Secretary Minoru Kihara said in a news conference in the Asian trade on Monday that there are no plans for a fresh release of crude oil from national reserves as the country had already released crude supplies, despite a G7 agreement to release 100 million barrels of diesel an
US data week: ISM, labor and sentiment in focus – TD Securities
Munoz and Nir expect a relatively quiet US data calendar, with ISM Services likely slipping to 54.0 versus 55.0 consensus, modestly higher Jobless Claims, and a small decline in UMich Sentiment to 47.5. They note September payrolls moderated mainly on seasonal factors, while underlying labor-market strength and rising participation support a still-resilient backdrop.