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GBP/USD Price Forecast: Retains bullish bias above 1.3550 above the 100-day EMA
The GBP/USD pair posts modest gains near 1.3440 during the Asian trading hours on Monday. The latest optimism fueled by a trade deal between the United States (US) and the European Union (EU) triggers a fresh wave of the global risk-on sentiment, which boosts the Pound Sterling (GBP).
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USD/CNH Price Analysis: Hovers around 7.1700 due to caution ahead of US-China trade talks
The USD/CNH pair holds its ground for the third successive session, trading around 7.1690 during the Asian hours on Monday. The pair moves littles as traders adopt caution ahead of meeting between US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng due on Monday in Stockholm.
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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
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Gold price fills opening gap amid subdued USD demand; bulls still seem reluctant
Gold price (XAU/USD) attracts some buyers near the $3,312-3,311 region during the Asian session on Monday and fills a modest bearish gap opening amid subdued US Dollar (USD) price action.
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US casts aside restrictions on technology exports to China in search of a deal -- FT
It is reported that the United States (US) has frozen export controls on key technology to China in hopes of keeping smoother trade relations, according to source cited by the Financial Times reported on Monday.
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USD/CAD remains subdued around 1.3700 due to increased risk appetite
USD/CAD depreciates after two days of losses, trading around 1.3700 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) as the market sentiment improves following the trade deal between the United States (US) and the European Union (EU).
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Japanese Yen slides to one-week low against USD amid reduced safe-haven demand
The Japanese Yen (JPY) kicks off the new week on a softer note as the latest optimism over a trade deal between the US and the European Union (EU) undermines traditional safe-haven assets.
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WTI gains traction to near $65.00 as US-EU confirm 15% tariff deal
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.90 during the Asian trading hours on Monday. The WTI edges higher as the European Union (EU) agrees to the United States (US) trade deal ahead of the deadline.
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Australian Dollar steadies amid improved market sentiment, eyes on US-China trade talks
The Australian Dollar (AUD) maintains its position on Monday, after registering losses in the previous two sessions. The AUD/USD pair gained ground following the announcement of a newly established trade agreement between the United States (US) and the European Union (EU).
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NZD/USD strengthens above 0.6000 on potential of extended US-China tariff truce
The NZD/USD pair trades on a positive note near 0.6020 during the early Asian session on Monday. The New Zealand Dollar (NZD) strengthens against the Greenback amid hopes that the United States (US) will extend its tariff truce by another three months.
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China and US are expected to extend tariff pause by another 90 days
The United States (US) and China are expected to extend their tariff truce by another three months, SCMP reported on Sunday. The world's two largest economies will not impose additional tariffs on each other during the extension and the current pause was to end August 12.
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EUR/USD holds gains above 1.1750 following US-EU trade agreement
EUR/USD gains ground after registering losses in the previous two sessions, trading around 1.1770 during the Asian hours on Monday.
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PBOC sets USD/CNY reference rate at 7.1467 vs. 7.1419 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1467 as compared to Friday's fix of 7.1419.
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GBP/USD climbs closer to mid-1.3400s as trade optimism undermines the safe-haven USD
The GBP/USD pair attracts some buyers during the Asian session on Monday and, for now, seems to have snapped a two-day losing streak to the 1.3400 neighborhood.
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Gold Price Forecast: XAU/USD extends downside to below $3,350 amid trade progress
The Gold Price (XAU/USD) extends the decline to around $3,335 during the early Asian session on Monday. The precious metal trades in the negative territory for the fourth consecutive day as progress on the US-EU trade deal hits safe-haven demand.
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EC President von der Leyen: 15% is the best we could get
European Commission President Ursula von der Leyen said late Sunday that the trade deal reached with the United States (US) on Sunday is "the best we could get" and not to be underestimated given the looming threat of 30% duties that had been hanging over the EU, per Reuters.
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US and EU reach a framework trade deal, 15% tariff rate - Bloomberg
The European Union (EU) and the United States (US) have reached a framework trade agreement that sets a blanket 15% tariff on goods traded between them, ending a months-long stand-off, per Bloomberg. The 15% tariff rates will take effect on August 1.
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AUD/USD gathers strength to above as traders await US-China trade talks
The AUD/USD pair edges higher to near 0.6570 during the early Asian session on Monday. Optimism surrounding the US-China trade deal provides some support to the Australian Dollar (AUD) against the US Dollar (USD).
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EUR/USD ends week nearly 1% higher as trade optimism offsets weak US data
The EUR/USD finished the week up by nearly 1% on Friday, yet ended the daily session flat, following economic data from the United States (US) that was worse than expected, but offset by positive trade news. With the Greenback cutting losses, the pair trades at 1.1741 virtually unchanged.
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US-Japan trade deal may not be as clear as Trump proclaims it to be
United States (US) President Donald Trump proudly declared an impending trade deal between the US and Japan earlier this week, touting an arrangement that would see US importers pay a much milder 15% tariff fee on all goods imported from Japan compared to the threatened 25% level that President Trum
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