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WTI posts modest losses near $65.50 amid oversupply concerns, Russia uncertainty

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on Tuesday.

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BoJ Minutes say will continue raising policy rate if economy, prices move in line forecast

The Bank of Japan (BoJ) board members shared their views on the monetary policy outlook on Tuesday, per the BoJ Minutes of the June meeting.     

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GBP/USD looks upwards ahead of looming BoE rate cut

GBP/USD pumped the brakes on Monday, holding steady near the 1.3300 handle after a sharp rebound brought on by fresh Greenback weakness thanks to an unexpected softening in US labor data late last week.

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EU will delay retaliation against US tariffs for six months - CNBC

The European Union (EU) announced on Monday that it will delay its planned retaliatory tariffs against the United States' tariffs for six months, which were set to take effect on Thursday, CNBC reported late Monday. 

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USD/CAD trades with mild losses below 1.3800 ahead of US ISM Services PMI data

The USD/CAD pair trades with mild losses around 1.3775 during the early Asian session on Tuesday. Weaker-than-expected US July employment data and the resignation of a Federal Reserve Governor weigh on the US Dollar (USD) against the Canadian Dollar (CAD).

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EUR/USD flatlines after Friday's surge as Fed dovish bets build, Eurozone sentiment sours

The EUR/USD stagnates during Monday's session, virtually unchanged, after Friday's rally of over 1.52% following a worse-than-expected Nonfarm Payrolls report, which triggered a ramp-up of expectations for a Federal Reserve rate cut at the September meeting.

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Australian Dollar holds steady heading into Tuesday

The Australian Dollar (AUD) held steady on Monday, holding onto last week's late gains against the US Dollar (USD). AUD/USD kept a tight grip on the 0.6470 region, keeping the pair locked in against the 200-day Exponential Moving Average (EMA).

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Fed's Daly leans closer toward rate cuts, but still remains cautious

Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly hit newswires late Monday, noting that although there's plenty of reasons to start looking at interest rate cuts, there remains plenty of uncertainty making it difficult for Fed officials to step into rate trimming too quickly.

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Gold price surges on speculation of September Fed rate cut following weak US jobs data

Gold price posted modest gains on Monday as expectations that the Federal Reserve (Fed) could cut interest rates rose since last Friday, following last Friday's dismal US Nonfarm Payrolls report. The XAU/USD trades at $3,375, edges up 0.39%.

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USD/CHF climbs as Swiss data beats fail to offset trade worries, US Dollar firms

The Swiss Franc (CHF) edges lower against the US Dollar (USD) on Monday, snapping a two-day winning streak as the Greenback stabilizes, supported by a rebound in Treasury yields following last week's soft jobs data.

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Japanese Yen gains ground ahead of BoJ minutes, USD under pressure amid policy uncertainty

The Japanese Yen (JPY) extended its gains against the US Dollar (USD) on Monday, strengthening slightly after staging a sharp rebound from a four-month low of 150.84 following Friday's disappointing US employment report.

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Forex Today: Focus shifts to the services sector

The US Dollar (USD) navigated a mildly positive start to the new trading week, as investors continued to digest Friday's severe pullback in response to the dismal prints from the US Nonfarm Payrolls.

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Dow Jones Industrial Average claws back ground after a week of declines

The Dow Jones Industrial Average (DJIA) bounced back on Monday, clawing back over 500 points and scrambling back over the 44,000 major handle as equity markets recovered their footing following last week's late rout fueled by worse-than-expected hiring figures from the latest Nonfarm Payrolls (NFP)

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Canadian Dollar treads water as bullish Greenback pressure eases

The Canadian Dollar (CAD) found some much-needed footing on Monday, trading in a steady range near 1.3775 against the US Dollar (USD).

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GBP/USD rebounds as Fed fate cut bets rise on weak US jobs data

The GBP/USD rallies for the second straight day, up by 0.12% following a dismal jobs report in the United States (US). The data prompted investors to price in a rate cut by the Federal Reserve at the upcoming September meeting. The pair trades at 1.3289, after bouncing off daily lows of 1.3253.

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Australian Dollar falters below 0.6500 as RBA rate cut bets weigh on sentiment

The Australian Dollar (AUD) loses traction against the US Dollar (USD) on Monday, as the Greenback stabilizes in the aftermath of Friday's disappointing Nonfarm Payrolls (NFP) report. July's jobs report delivered a clear downside surprise.

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US President Trump: Will substantially raise tariff on India

United States (US) President Donald Trump said that he will raise the tariff rate on Indian imports "substantially."

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EUR/USD pauses below 1.1600 as soft US labor data lifts interest rate cut hopes, Eurozone outlook weakens

The Euro (EUR) holds firm against the US Dollar (USD) on Monday, consolidating Friday's sharp gains after a weaker-than-expected US Nonfarm Payrolls (NFP) report fueled expectations that the Federal Reserve (Fed) will cut interest rates as soon as September.

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USD net shorts rise amid payroll miss - Rabobank

USD net short positions have increased for the first time in four weeks, driven by a decrease in long positions. EUR net long positions have decreased for the second week in a row, driven by an increase in short positions.

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BoE: Quarterly bound - Standard Chartered

BoE to cut the base rate by 25bps on 7 August, but another split MPC is likely. Divergent signals from the labour market and prices likely to keep the BoE on a quarterly easing schedule.

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