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EUR/USD: US holiday to restrict Euro moves, further downside hinges on 1.0750 break and ECB's Lagarde

EUR/USD bears keep the reins at the lowest level in a week, after falling heavily in the last two consecutive days. That said, the Euro pair remains p
update2023.09.04 07:14

UK's Hunt: We're on track to halve inflation this year, may see a blip in September

"We are on track to halve inflation this year and by sticking to our plan we will ease the pressure on families and businesses alike," said UK Finance
update2023.09.04 07:26

US Commerce Secretary Raimondo: Patience of US business is wearing thin, China is making it more difficult

"China is making it more difficult," Raimondo told CBS's Face the Nation per Reuters. The policymaker also added that she was very clear with China th
update2023.09.04 07:55

AUD/USD slides to 0.6450 despite Aussie government's push for more wages, focus on RBA, Australia GDP

AUD/USD struggle to extend the first weekly gain in seven as it stays pressured around 0.6450 during the early hours of Monday's Asian session. The pa
update2023.09.04 08:07

Gold Price Forecast: XAU/USD consolidates above the 1,940 mark amid the US holiday

Gold price (XAU/USD) is currently in consolidation mode around $1,940 during the early Asian session on Monday. The US market is closed for the Labor
update2023.09.04 08:13

GBP/USD Price Analysis: Cable bears eye 1.2570 support and BoE Monetary Policy Report Hearings

GBP/USD remains on the back foot around 1.2590-85 as it struggles to defend the weekly gain during the early hours of Monday's Asian session. In doing
update2023.09.04 08:37

China's Xi: Will promote integrated development of high-end manufacturing and modern service industries

"China will promote the integrated development of high-end manufacturing and modern service industries," said Chinese President Xi Jinping while speak
update2023.09.04 08:43

ECB's Wunsch cites persistent inflation to back the need to "do a little bit more"

"I'm inclined to say we maybe need to do a little bit more," said the Belgian Central Bank Governor and European Central Bank (ECB) Governing Council
update2023.09.04 09:04

NZD/USD consolidates its losses near 0.5950, eyes on Chinese, US Services PMI

The NZD/USD pair consolidates its recent losses below the 0.6000 barrier during the early Asian session on Monday. The pair currently trades near 0.59
update2023.09.04 09:08

RBA to hold rates at 4.10% on Tuesday, but will hike again next quarter - Reuters poll

"The Reserve Bank of Australia will keep its key interest rate unchanged at 4.10% on Tuesday as inflation shows signs of easing," per the August 30 -
update2023.09.04 09:16

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