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AUD/USD pauses after reaching a six-month high
The Australian Dollar (AUD) is consolidating within a narrow range against the US Dollar (USD) after reaching a six-month high early Monday. However, the pair retreated from the highs ahead of Tuesday's key economic data.
Forex Today: Consumer confidence gauges take centre stage
As market players digested news that President Trump backpedalled on his threats of levying 50% taxes on European products, the US Dollar (USD) stayed on the defensive in quite a poor start to the new trading week.
GBP/USD eases from multi-year high amid thin trading, BoE speeches eyed
The British Pound (GBP) is trading sideways against the US Dollar (USD) after reaching its highest level in three years at the start of this week's session. The GBP/USD pair surged to 1.3593 early in Monday's session.
EUR/GBP remains conflicted ahead of Eurozone sentiment data
The Euro (EUR) remains conflicted against its British Pound (GBP) counterpart on Monday, struggling to build sustained momentum despite an early attempt to recover last week's losses.
USD/INR eases above 85.00 as Rupee trims gains amid easing trade tensions
The Indian Rupee (INR) trims some of the earlier gains against the US Dollar (USD) on Monday, with the USD/INR pair retreating slightly above 85.00 during the American trading hours.
Canadian Dollar tests fresh seven-month highs amid quiet start to the week
The Canadian Dollar (CAD) kicked off the new trading week on a high note, kicking into fresh seven-month highs against the US Dollar (USD) and driving USD/CAD down into the 1.3700 handle for the first time since mid-October.
Gold slips as Trump delays tariffs on EU, thin holiday trading keeps action subdued
Gold price drops more than 0.50% on Monday amid the lack of demand for haven assets after United States (US) President Donald Trump delayed tariffs on the European Union (EU). In the meantime, trading remains thin due to the closure of the United Kingdom (UK) and US financial markets for holidays.
USD/JPY steadies ahead of BoJ Ueda's remarks
USD/JPY is attempting a mild recovery after last week's sell-off in the United States (US) bond market dragged the pair below the key psychological level of 144.00.
Silver consolidates near $33.50 after breakout, eyes $34.50 next
The Silver (XAG/USD) pair starts the week on a steady footing, hovering near $33.40 during the American trading hours on Monday, after gaining nearly 4% in the previous week on the back of a bullish technical breakout and renewed safe-haven demand.
AUD/USD Price Forecast: Strives to hold 0.6500 for fresh rally
The AUD/USD pair surrenders significant intraday gains after posting a fresh six-month high near 0.6540 on Monday. The Aussie pair gives back a majority of gains as the US Dollar (USD) recoups its early losses.
NZD/USD Price Forecast: Poise for fresh rally towards 0.6100
The NZD/USD pair posts a fresh six-and-a-half-month high near 0.6030 against the US Dollar (USD) at the start of the week.
EUR/CAD steadies as EU tariff delays and robust Canadian data drive mixed momentum
The Euro (EUR) is firming against the Canadian Dollar (CAD) on Monday, bolstered by easing trade tensions after the United States announced a delay in implementing new tariffs on European imports.
USD/CAD holds steady above 1.3700 as trade tension eases amid holiday-thinned trading
The Canadian Dollar (CAD) gives back some of the initial gains against the US Dollar (USD) at the early American session on Monday, with the USD/CAD pair trading around 1.3720 at the time of writing after hiting a daily low of 1.3686 earlier in the day as follow-through selling faded on the signs of
Mexican Peso trades at a new YTD high against the US Dollar on US Memorial Day
The Mexican Peso (MXN) is experiencing a steady appreciation against the US Dollar (USD) on Monday, reflecting lingering uncertainty in the United States (US) economic outlook amid concerns about US President Donald Trump's tariff threats and the country's fiscal outlook.
EUR/JPY jumps to near 163.00 as EU-US trade tensions de-escalate
The EUR/JPY pair is up 0.45% to 162.60 in European trading hours on Monday, touches a high of 163.00 during the day.
GBP nears 1.36, highest since early 2022 - Scotiabank
Pound Sterling (GBP) is modestly firmer on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR probes 1.14 area on tariff relief - Scotiabank
The EU's tariff reprieve followed what the president called a 'very nice call' with Commission President von der Leyen over the weekend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
CAD holds ground in low 1.37s - Scotiabank
The Canadian Dollar (CAD) had a decent run lower last week, with the US Dollar's (USD's) 1.6% drop through Friday leaving the CAD as one of the better-performing major currencies on the week.
USD eases amid latest tariff reprieve - Scotiabank
President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of his last delay on reciprocal tariffs announced early in April, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Gold Price Forecast: XAU/USD pulls back to $3,325 with the bullish trend still intact
Gold (XAU/USD) is trading lower on Monday, weighed by softer demand for safe havens.
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