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DXY: Rebound risk remains likely in the interim - OCBC
US Dollar (USD) inched higher as 2 Apr reciprocal tariff deadline draws nearer.
USD: Data obstacles this week - ING
The US Dollar (USD) found some support last week after a very weak start to March.
EUR/USD: Corrective pullback on the day - OCBC
Euro (EUR) fell for a 3rd consecutive session. EUR was last seen trading at 1.0834 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Squeezing the last bits of fiscal optimism - ING
Our considerations above on somewhat fading optimism on a speedy ceasefire in Ukraine have likely contributed to softer EUR momentum, ING's FX analyst Francesco Pesole notes.
Gold stabilizes as markets brace on reciprocal tariff deadline
Gold's price (XAU/USD) stabilizes near $3,020 at the time of writing on Monday as traders assess fresh tariff headlines over the weekend.
UK Preliminary Services PMI jumps to 53.2 in March vs. 51.2 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers' Index (PMI) unexpectedly dropped to 44.6 in March from 46.9 in February.
United Kingdom: BOE on pause as vote split surprises again - UOB Group
As expected, the Bank of England (BOE) decided to maintain its Bank Rate at 4.75% last Thu (20 Mar).
US Dollar Index (DXY) slides below 104.00; seems vulnerable to weaken further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, struggles to capitalize on a three-day-old recovery from a multi-month low and attracts fresh sellers at the start of a new week.
Eurozone Preliminary Manufacturing PMI rises to 48.7 in March vs. 48 expected
The Eurozone manufacturing sector contraction eased, while service sector activity underperformed in March, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Monday.
NZD/USD Price Forecast: Finds initial resistance at 0.5750 near nine-day EMA
NZD/USD rebounds after four consecutive losing sessions, trading around 0.5730 during European hours on Monday.
German Preliminary Manufacturing PMI edges higher to 48.3 in March vs. 47.7 expected
The German manufacturing sector activity performed better than expected while the services sector worsened in March, the preliminary business activity report published by the HCOB survey showed Monday.
ECB's Cipollone: Inflation target may be reached sooner than last projections indicated
European Central Bank (ECB) Executive Board member Piero Cipollone said on Monday, "the inflation target may be reached sooner than the last projections indicated." Additional quotes Key elements strengthen the case for further rate cuts.
AUD/JPY rises above 94.00 following PMI data from both countries
AUD/JPY halts its four-day losing streak, trading near 94.20 during early European hours on Monday.
Forex Today: March PMI data to kick start the week
Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week.
GBP/USD attracts some buyers to near 1.2950 as traders await US PMI release
The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback.
Ueda speech: Will not rule out the possibility of selling BoJ's government bond holdings
Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the central bank "will not rule out the possibility of selling the BoJ's government bond holdings." Earlier in the day, Ueda said that the central bank "will adjust the degree of monetary easing if the 2% inflation target is likely to be achieved." Japanese Yen FAQs What key factors drive the Japanese Yen? The Japanese Yen (JPY) is one of the world's most traded currencies.
EUR/GBP edges higher above 0.8350 as traders brace for Eurozone/German PMI data
The EUR/GBP cross gains traction to near 0.8380 during the early European session on Monday.
USD/CHF maintains position near 0.8850 ahead of US PMI data
USD/CHF extends its winning streak for the fourth consecutive session, trading near 0.8840 during Asian hours on Monday.
FX option expiries for Mar 24 NY cut
FX option expiries for Mar 24 NY cut at 10:00 Eastern Time via DTCC can be found below.
Gold price remains depressed amid positive risk tone; $3,000 holds the key
Gold price (XAU/USD) struggles to capitalize on Friday's modest bounce from levels just below the $3,000 psychological mark and kicks off the new week on a weaker note.
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