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AUD/USD jumps to near 0.6570 as US Dollar underperforms, RBA policy in focus
The AUD/USD pair trades 0.35% higher around 0.6570 during the European trading session on Monday. The Aussie pair trades firmly as the US Dollar (USD) underperforms its peers amid fears that the United States (US) won't be able to avert a shutdown after the fiscal year ending September 30.
USD/JPY dips toward 148.50 as US Dollar declines on government shutdown risks
USD/JPY extends its losses for the second successive session, trading around 148.70 during the early European hours on Monday. The pair depreciates as the US Dollar (USD) faces challenges due to concerns over the possible shutdown of the United States (US) government.
EUR/USD picks up on concerns about a potential US government shutdown
EUR/USD opened the week in a moderately bid tone, extending its recovery to 1.1725 at the time of writing on Monday, after bouncing from 1.1645 lows last week.
EUR/GBP attracts some sellers below 0.8750 as BoE keeps cautious stance on future cuts
The EUR/GBP cross loses momentum to near 0.8720 during the early European session on Monday. The expectation that the Bank of England (BoE) is unlikely to cut the interest rates in the near term provides some support to the Pound Sterling (GBP) against the Euro (EUR).
FX option expiries for Sept 29 NY cut
FX option expiries for Sept 29 NY cut at 10:00 Eastern Time via DTCC can be found below.
BoJ's Noguchi: Various indicators of inflation expectations are gradually approaching 2%.
Bank of Japan (BoJ) board member Asahi Noguchi said in a scheduled appearance on Monday that "various indicators of inflation expectations are gradually approaching 2%."
GBP/USD Price Forecast: Rises to near 1.3450, eyes nine-day EMA barrier
GBP/USD gains ground for the second consecutive session, trading around 1.3440 during the Asian hours on Monday. The short-term price momentum is weaker as the daily chart's technical analysis shows that the pair remains below the nine-day Exponential Moving Average (EMA).
USD/INR edges up at the start of RBI monetary policy week
The Indian Rupee (INR) ticks down at open against the US Dollar (USD) on Monday. The USD/INR edges higher to near 88.90, even as the US Dollar extends its correction, suggesting weakness in the Indian Rupee.
EUR/JPY Price Forecast: Constructive outlook prevails above 174.50
The EUR/JPY cross loses ground around 174.75 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the safe-haven flows as the US government risks a shutdown. However, political uncertainty in Japan might cap the upside for the JPY.
USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks
USD/CHF extends its gains for the second successive session, trading around 0.7960 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) continues to lose ground amid market caution, driven by shutdown risks of the United States (US) government.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
US Dollar Index attracts some sellers below 98.00 as US government risks shutdown
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a stronger note around 97.95 during the Asian trading hours on Monday. The DXY declines amid the growing risk of a US government shutdown.
USD/CAD remains below 1.3950 after pulling back from four-month highs
USD/CAD halts its five-day winning streak, trading around 1.3920 during the Asian hours on Monday.
WTI aims to resume upside journey on the back of Fed dovish bets
West Texas Intermediate (WTI), futures on NYMEX, strives to gain ground slightly below $65.00 during the Asian trading session on Monday.
Australian Dollar gains as US Dollar weakens on government shutdown risks
The Australian Dollar (AUD) appreciates on Monday, with the AUD/USD pair extending its gains for the second consecutive session. The US Dollar (USD) weakens as traders brace for shutdown risks of the United States (US) government, beginning from October 1.
NZD/USD strengthens above 0.5750 on growing risk of US government shutdown
The NZD/USD pair holds positive ground near 0.5770 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid the growing risk of a US government shutdown. Traders brace for the Fedspeak later on Monday.
EUR/USD gains above 1.1700 due to rising Fed rate cut bets
EUR/USD extends its gains for the second successive session, trading around 1.1720 during the Asian hours on Monday.
PBOC sets USD/CNY reference rate at 7.1089 vs. 7.1152 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Monday at 7.1089 compared to the previous day's fix of 7.1152.
GBP/USD gains ground above 1.3400 as US PCE inflation data support Fed rate cut bets
The GBP/USD pair edges higher to near 1.3415 during the early Asian session on Monday.
USD/JPY softens to near 149.50 as US PCE data reinforces Fed dovish bets
The USD/JPY pair loses ground to around 149.50 during the early Asian session on Monday.
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