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US Dollar Index recovers above 97.50 ahead of US ISM Manufacturing PMI release
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, recovers some lost ground to near 97.80 during the early Asian trading hours on Tuesday.
Australian Dollar trades flat as traders await clearer signals on Fed policy outlook
The Australian Dollar (AUD) steadies against the US Dollar (USD) following its five-day winning streak. Rising odds of a US Federal Reserve (Fed) rate cut in the September meeting weighed on the US Dollar (USD), which supported the AUD/USD pair.
Japan's Akazawa: Schedule of next US visit not set yet
Japan trade negotiator Ryosei Akazawa said on Tuesday that there has been no date set yet for his next visit to the United States (US). Akazawa added that there is no misunderstanding with the US on trade talks.
Gold rallies further beyond $3,500, fresh all-time peak and counting
Gold prolongs its uptrend for the sixth straight day and touches a fresh all-time peak, levels beyond the $3,500 psychological mark, during the Asian session on Tuesday.
BoJ's Himino: Japan real interest rate still very low
Bank of Japan (BoJ) Deputy Governor Himino said on Tuesday that Japan's real interest rate is still very low, adding that it's appropriate to continue raising interest rates if the economic outlook is met.
PBOC sets USD/CNY reference rate at 7.1089 vs. 7.1072 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1089 as compared to the previous day's fix of 7.1072 and 7.1325 Reuters estimate.
NZD/USD holds above 0.5900 on upbeat Chinese PMI data
The NZD/USD pair trades in positive territory near 0.5905 during the early Asian session on Tuesday. The upbeat China's August Caixin Manufacturing Purchasing Managers Index (PMI) report provides some support to the Kiwi.
WTI edges lower below $64.50 amid fears of weaker demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.50 during the early Asian trading hours on Tuesday. The WTI edges lower amid concerns about weaker global demand following US President Donald Trump's doubling of the existing 25% duty on Indian exports.
GBP/USD rises as risk appetite floats higher heading into tense week
GBP/USD found room on the high end on Monday, kicking off a fresh trading week with another leg up the charts.
EUR/USD edges higher above 1.1700 as Fed cut bets grow
EUR/USD advanced on Monday, gaining over 0.20% amid a thin liquidity trading session, as US financial markets were closed due to the Labor Day holiday. A soft US D.S. dollar and growing bets that the Federal Reserve will cut rates at the September meeting, boosted Ethe euro's appeal.
USD/JPY posts modest losses to near 147.00 ahead of US Manufacturing PMI data
The USD/JPY pair trades with mild losses near a four-week-old trading range support around 147.15 during the early Asian session on Tuesday. The US August ISM Manufacturing Purchasing Managers Index (PMI) will take center stage later on Tuesday.
US Treasury Secretary Bessent declares bond markets calm
Untied States (US) Treasury Secretary Scott Bessent downplayed an upcoming meeting of world leaders that excludes Western nations.
Canadian Dollar snaps win streak on dueling market holiday Monday
The Canadian Dollar (CAD) eased lower against the US Dollar (USD) on Monday, albeit on notably weak market flows, shedding under one-tenth of one percent against the Greenback.
Gold surges past $3,450 as traders eye Fed independence, NFPs
Gold rises above $3,450 and may challenge the $3,500 record on Monday, as US markets are quiet for Labor Day.
Silver Price Forecast: XAG/USD consolidates above $40.50 after breakout to 14-year highs
Silver (XAG/USD) kicks off the week on a strong footing, with spot prices extending their rally for a fifth consecutive session, breaking above the $40.00 mark to hit fresh 14-year highs -- levels last seen in September 2011.
Forex Today: EMU's flash inflation and the ISM Manufacturing in the spotlight
The US Dollar (USD) started the week on the defensive, slipping back to multi-week troughs amid the inactivity in the US markets and a broad-based firmer tone in the risk complex.
Hectic data docket culminates in critical US NFP reading
September opens up on a quiet note, with US markets shuttered on Monday for a long weekend.
WTI consolidates near 100-day SMA as $65 resistance comes into play
West Texas Intermediate (WTI) Crude Oil is rebounding modestly on Monday, trading near $64.45 after logging its first monthly decline since April with a 7.6% drop in August as rising US supply and weaker seasonal demand weighed on sentiment.
AUD/USD kicks off key week with another bullish foot forward
AUD/USD rose on Monday, testing around one-fifth of one percent higher to kick off the new trading week.
USD/JPY steadies above 147.20 as US tariffs ruled illegal
The USD/JPY posted minimal gains on Monday after losing over 2.40% in August amid thin trading, with US markets closed in observance of Labor Day. The pair trades at 147.28 as the Greenback continues to weaken amid news that the US Court of Appeals has ruled Trump's tariffs illegal.
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