Market News
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Japanese Yen holds range amid Japanese holiday, dovish BoJ signals
USD/JPY depreciates after registering modest gains in the previous trading day, hovering around 158.10 during Asian hours on Monday. The pair may see limited movement due to thin trading conditions as Japanese markets are closed for the Sports Day public holiday.
British Pound gains positive traction as USD remains depressed on softer bond yields
The GBP/USD pair attracts some buyers for the third straight day, trading around mid-1.3200s during the Asians session on Monday, though it remains confined in a familiar range held over the past three weeks or so.
Saudi-led coalition says it intercepted Houthi ballistic missile toward Khamis Mushait
The Saudi-led military coalition said that it has intercepted and destroyed a ballistic missile fired by Yemen's Houthis towards southern Saudi Arabia, the Time of Israel reported on Sunday.
PBOC sets USD/CNY reference rate at 6.7313 vs. 6.7330 previous
On Monday, the Peopleās Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7313 compared to Friday's fix of 6.7330 and 6.6977 Reuters estimate.
Euro holds gains above 1.1200 despite Franceās bond turmoil
The EUR/USD pair recovers some lost ground to near 1.1215 during the early Asian trading hours on Monday. The US Dollar (USD) softens against the Euro (EUR) after weaker-than-expected US Consumer Sentiment data.
WTI declines to near $90.00 despite escalating Middle East conflict, supply risks
West Texas Intermediate (WTI) declines after two days of gains, trading around $90.00 per barrel during Asian hours on Monday.
Australian Dollar edges higher to near 0.7000 on weak US Sentiment
The AUD/USD pair trades with mild gains around 0.6985 during the early Asian session on Monday. Softening US Consumer Sentiment weigh on the US Dollar (USD) against the Australian Dollar (AUD).
US President Donald Trump says Russia and Ukraine agree to an āenergy ceasefireā
US President Donald Trump claimed Russia and Ukraine have agreed to an āenergy ceasefireā, but he offered no details on it,the Guardian reported on Sunday.
Middle East War updates: New attack launched on Saudi airport
Hereās a brief recap of the key developments in the Middle East war that occurred over the weekend, which are expected to have a significant impact on markets in the upcoming week.
Aussie extends weekly gains as Fed pause bets offset hawkish rhetoric
The Aussie Dollar ended Fridayās session on a positive note, gaining 0.38% and 0.58% weekly as the US Dollar trimmed some of its weekly gains, while US data confirmed investors' expectations that the Federal Reserve would hold rates steady in the October meeting. The AUD/USD trades at 0.6983.
Chinese Yuan: PBoC defends yuan narrative ā Commerzbank
Commerzbankās FX team highlights that the Peopleās Bank of China rejected claims the yuan is undervalued, linking export strength to industrial competitiveness rather than currency manipulation.
Singapore Dollar: Range trading persists against US Dollar ā UOB
United Overseas Bankās (UOB) Quek Ser Leang and Lee Sue Ann note that USD/SGD remains supported within the Monetary Authority of Singaporeās policy band, with SGD NEER likely between 1.50% and 1.80% above midpoint, implying a 1.279ā1.283 range. Short-term price action shows limited upward momentum, with resistance near 1.2835 and revised strong support at 1.2775.
Taiwan Dollar: Trade strength but losses capped against US Dollar ā Commerzbank
Commerzbank analysts note Taiwanās September trade surplus hit a record USD23.6bn, with exports surging 60.9% year-on-year on strong AI-related demand. The Central Bank of the Republic of China may lean more hawkish if inflationās uptrend persists.

