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Dow Jones futures advance as traders expect Fed to reduce interest rates
Dow Jones futures climb by 0.13% to trade above 45,900 during European hours on Monday, ahead of the United States (US) market open. Moreover, the S&P 500 futures advance 0.15% to trade near 6,600, while Nasdaq 100 futures edge up 0.06% to trade above 24,100.
AUD/USD jumps to near 0.6670 as Fed dovish bets improve market mood
The AUD/USD pair climbs to near 0.6670 during the European trading session on Monday.
Pound Sterling gains ahead of Fed and BoE monetary policy decisions
The Pound Sterling (GBP) trades higher at the start of the week against the US Dollar (USD) during the European trading session.
US Dollar Index (DXY) treads water around 97.60 with all eyes on the Fed
The US Dollar has opened the week on a moderate bearish tone, but price action remains trapped within previous ranges, highlighting a hesitant market, with investors looking from the sidelines ahead of the Fed decision, due next Wednesday.
Silver Price Forecast: XAG/USD treads water above $42.00 near 14-year highs
Silver price (XAG/USD) maintains its position after registering more than 1.5% gains in the previous session, trading around $42.20 per troy ounce during the European hours on Monday.
EUR/USD wavers within range after Fitch downgrade of French debt rating
The EUR/USD trades at 1.1740 at Monday's European session, following a pullback to 1.1720 at the European session opening.
WTI Oil approaches $63.00 following attacks on Russian plants
Crude Oil is posting minor gains on Monday, with price action approaching levels close to $63.00 after bouncing from lows of $61.50 on Friday.
Forex Today: Big central bank week begins in a calm manner
Here is what you need to know on Monday, September 15:
ECB's Kocher: Stronger Euro could become a problem for exporters
In an interview published in the Austrian newspaper, Oberoesterreichische Nachrichten, on Monday, European Central Bank (ECB) Governing Council member Martin Kocher said that "at the moment, I would not yet describe the exchange rate as a risk" when asked about the Euro-US Dollar rate.
US Treasury Sec. Made good progress on technical details with China
US Treasury Secretary Scott Bessent said on Monday, the US has "made good progress on technical details with China."
EUR/GBP falls below 0.8650 on fears over France's political crisis
The EUR/GBP cross attracts some sellers to near 0.8645 during the early European session on Monday. The fears of political turmoil in France drag the Euro (EUR) lower against the Pound Sterling (GBP). Traders will keep an eye on the UK employment report, which is due later on Tuesday.
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.86 per barrel, up from Friday's close at $62.37.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $66.63.
NZD/USD Price Forecast: Holds above mid-0.5900s despite disappointing Chinese data
The NZD/USD pair attracts some dip-buyers at the start of a new week and stalls Friday's modest pullback from the 0.5980 region, or a nearly one-month high.
AUD/JPY Price Forecast: Positive view remains in place, overbought RSI warrants caution for bulls
The AUD/JPY cross edges higher to near 98.20 during the early European session on Monday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) after Japan's Prime Minister Shigeru Ishiba announced his resignation.
EUR/JPY breaks below 173.00 as Fitch Ratings downgrades France's credit rating
EUR/JPY loses ground after two sessions of gains, trading around 173.00 during the Asian hours on Monday.
FX option expiries for Sept 15 NY cut
FX option expiries for Sept 15 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CHF trades flat around 0.7960, investors await Fed's monetary policy outcome
The USD/CHF pair trades in a tight range around 0.7960 during the late Asian trading session on Monday. The Swiss Franc pair flattens as the US Dollar (US) is expected to remain on the sidelines ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday.
GBP/JPY flat lines around 200.00, below multi-year top ahead of key central bank decisions
The GBP/JPY cross struggles to capitalize on last Friday's closing above the 200.00 psychological mark for the first time since August 2008 and edges lower at the start of a new week. The downtick, however, lacks bearish conviction ahead of this week's key central bank event risks.
USD/INR trades in caution at the start of Fed's decision week
The Indian Rupee (INR) starts the week on a cautious note around 88.40 against the US Dollar (USD), still it is close to its all-time high around 88.60 posted last week.
EUR/USD weakens below 1.1750 amid fears of political crisis in France
The EUR/USD pair loses ground to around 1.1730 during the early European session on Monday. The Euro (EUR) weakens against the US Dollar (USD) as ratings agency Fitch downgraded France's credit rating amid political turmoil.
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