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PBOC sets USD/CNY reference rate at 7.1007 vs. 7.1048 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1007 compared to Friday's fix of 7.1048 and 7.1210 Reuters estimate.

EUR/USD treads water above 1.1600 amid US-China trade tensions, government shutdown
EUR/USD steadies after registering nearly 0.5% gains in the previous session, trading around 1.1620 during the Asian hours on Monday.

When is the China Trade Balance and how could it affect AUD/USD?
The General Administration of Customs will publish its data for August on Monday at 03.00 GMT. Trade balance is expected to narrow to $98.96B in September, compared to $102.33B in the previous reading. Exports are expected to climb by 6.0%, while Imports are projected to rise by 1.5%.

USD/CAD struggles near 1.4000 as recovering Oil prices support Loonie amid subdued USD demand
The USD/CAD pair trades with a negative bias for the second straight day on Monday, though it lacks follow-through selling and holds above the 200-day Simple Moving Average (SMA) through the Asian session.

Gold Price Forecast: XAU/USD rises to near $4,050 as Trump's 100% tariffs ignite safe-haven demand
Gold price (XAU/USD) extends the rally to around $4,040 during the early Asian session on Monday. The escalating trade tensions between the United States (US) and China provide some support to the precious metal.

USD/JPY rebounds above 152.00 on political turmoil in Japan
The USD/JPY pair trades in positive territory near 152.05 during the early Asian session on Monday. The pair recovers some lost ground after facing some selling pressure in the previous session as US President Donald Trump threatened to hike tariffs against China.
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