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GBP/USD holds onto high ground ahead of dual central bank appearances and US ISM data
GBP/USD continues to knock into multi-year highs above the 1.3700 handle, with the pair keeping afloat on thin intraday volumes on Monday. Greenback flows continue to tilt into the bearish side, keeping Cable price action on rails and limiting the downside.
USD/CAD trades with mild losses near 1.3600 as US, Canada to resume trade talks
The USD/CAD pair trades with mild losses near 1.3605 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar as trade negotiations between the United States and Canada resume.
AUD/JPY holds steady near 94.65 as buyers defend key support zone
The AUD/JPY has continued to consolidate within the 93.70-95.00 range over the past ten trading days, amid a fragile market mood driven by controversial US policies, the escalation and de-escalation of the Middle East conflict, and the approval of the US fiscal budget.
USD/JPY Price Forecast: US Dollar Weakness raises risk of a bearish bias below 144.00
The USD/JPY is struggling to hold key support on Monday as bullish momentum continues to fade, with both the daily and weekly charts indicating weakening trend strength.
USD/CHF Price Forecast: Hits lowest level since 2011, plunges below 0.8000
The Swiss Franc (CHF) surges against the US Dollar (USD) on Monday, trading at almost 14-year highs, near levels last seen in September 2011. At the time of writing, the USD/CHF plummeted to 0.7933, after hitting a multi-year low of 0.7929, down over 0.59%.
Forex Today: Central bankers will be in the spotlight
The Greenback traded with marked losses at the start of the week, as market participants remained cautious ahead of Chief Powell's and another central banker's speech at the ECB Forum in Portugal, while also keeping an eye on trade developments and the likelihood of additional Fed easing.
Dow Jones Industrial Average holds onto near-term highs on Monday
The Dow Jones Industrial Average (DJIA) gapped into fresh 19-week highs at the start of the new trading week, testing above 44,000 for the first time since mid-February.
EUR/USD soars to 1.1780 as US Dollar languishes on fiscal and trade optimism
EUR/USD climbs to fresh yearly highs of 1.1780 on Monday as the Greenback continues to remain battered by the prospects of the approval of the fiscal budget in the United States (US) and the expectation that the Trump administration continues to make progress on trade deals with major trading partne
NZD/USD climbs to multi-month peak as US Dollar slides on dovish Fed bets, US fiscal woes
The New Zealand Dollar (NZD) extends its winning streak against the US Dollar (USD) on Monday, with the NZD/USD rising to 0.6090 -- its highest level since October 2024 -- as broad-based Greenback weakness continues to fuel gains.
ECB's Lagarde: The world ahead is more uncertain
ECB President Christine Lagarde argued at the ECB Forum on Central Banking that uncertainty is expected to continue being a significant aspect of the global economy, which will likely lead to more volatile inflation and necessitate a stronger response from the ECB to maintain prices near its target.
Goldman Sachs reaches all-time high above $700 as banks expect lower capital buffers
Goldman Sachs (GS) stock led the Dow Jones Industrial Average (DJIA) on Monday, garnering a 2.3% advance and rising above $700 per share for the first time ever. GS stock reached an intraday all-time high of 714.86 before moving back to the region around $706.00 by the afternoon.
GBP/JPY struggles to extend gains after YTD high, holds steady above 197.00
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Monday, slipping below the 198.00 handle amid a mild corrective pullback from the year-to-date high of 198.81 marked on Friday. The Pound is losing ground against major peers to start the week.
President Trump calls Fed's Powell "too late" on interest rates, formally requests rate cut
According to the White House, US President Donald Trump has formally complained about high interest rates to Federal Reserve (Fed) Chair Jerome Powell.
Gold price rises on weaker US Dollar ahead of Nonfarm Payrolls week
Gold (XAU) price advances modestly on Monday, up 0.58%, as the US Dollar (USD) extended its losses ahead of a busy economic calendar in the United States (US).
Silver to Copper: Strategic hoarding redraws commodity maps - TDS
Under the hood, raw materials ranging from Silver, platinum and Copper have priced in extreme scarcity over the last months, TDS' Senior Commodity Strategist Daniel Ghali notes.
WTI Crude Oil pares earlier gains as focus shifts from Prax insolvency to OPEC+ supply outlook
West Texas Intermediate (WTI) continues to trade in a narrow range on Monday, with the US Crude Oil benchmark remaining below $65.00 per barrel at the time of writing.
Gold shines as trust in monetary order erodes - TDS
Gold's rally isn't about demand, it's about trust. We believe we are in the midst of the third major change in the monetary order. The positioning set-up in Gold is simply a symptom of this mega-theme, TDS' Senior Commodity Strategist Daniel Ghali notes.
USD/CAD Price Forecast: USD/CAD edges lower within wedge as Canada rescinds tech tax
The Canadian Dollar (CAD) is gaining ground against the US Dollar (USD) on Monday after Canada announced it would cancel its planned digital-services tax on American tech companies. US President Trump had halted trade talks Friday, calling the tax "a direct and blatant attack" on US tech firms.
GBP/USD holds steady near 1.3700 as Bostic tempers Fed cut bets, solid UK GDP
GBP/USD is virtually unchanged during the North American session amid hawkish comments by Atlanta's Fed President Raphael Bostic, even though UK data revealed that the economy grew at its fastest pace in one year. At the moment, the pair trades at 1.3707, virtually unchanged.
Silver consolidates near $36.00 with risk-on sentiment limiting gains
Silver is holding within a tight range on Monday, with XAG/USD consolidating around the key $36.00 psychological level at the time of writing.
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