Search results

Japanese Yen drifts lower amid reduced safe-haven demand, BoJ rate hike uncertainty

The Japanese Yen (JPY) kicks off the new week on a weaker note amid a combination of factors, which, along with a modest US Dollar (USD) uptick, lifts the USD/JPY pair to mid-147.00s during the Asian session.

See details

Australian Dollar rises as upbeat jobs data support momentum, Fed dovish tone

The Australian Dollar (AUD) extends its gains for the second consecutive session on Monday. The AUD/USD pair holds gains as the US Dollar (USD) could face challenges amid the prevailing dovish tone surrounding the US Federal Reserve's (Fed) policy outlook for September.

See details

WTI slumps below $62.00 as traders brace for Trump-Zelenskiy talks

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.80 during the Asian trading hours on Monday. The WTI tumbles as traders remain cautious ahead of US President Donald Trump's meeting with Ukrainian President Volodymyr Zelenskiy on Monday. 

See details

EUR/USD moves below 1.1700, downside seems limited due to dovish Fed tone

EUR/USD edges lower after registering around 0.5% gains in the previous session, trading around 1.1690 during the Asian hours on Monday.

See details

NZD/USD clings to gains near 0.5930 amid positive risk tone; lacks follow-trough

The NZD/USD pair gains some positive traction at the start of a new week and holds comfortably above the 0.5900 mark during the Asian session, though it lacks bullish conviction.

See details

US President Donald Trump says Zelenskiy could end war immediately

US President Donald Trump said early Monday that Ukrainian President Volodymyr Zelenskiy can end the war with Russia almost immediately if he wants to, or he can continue to fight.

See details

PBOC sets USD/CNY reference rate at 7.1322 vs. 7.1371 previous

On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1322 as compared to Friday's fix of 7.1371 and 7.1793 Reuters estimate.

See details

GBP/USD weakens to near 1.3550 on modest US Dollar strength

The GBP/USD pair loses ground to near 1.3555 during the early Asian session on Monday, pressured by a firmer US Dollar (USD). Markets turn cautious ahead of a meeting between US President Donald Trump and Ukrainian President Volodymyr Zelenskiy later on Monday.

See details

Silver Price Forecast: XAG/USD rebounds from 200-SMA on H4, $38.25 barrier holds the key

Silver (XAG/USD) attracts some dip-buyers near the $37.80 region during the Asian session on Monday. The white metal climbs back above the $38.00 mark, hitting a fresh daily peak in the last hour.

See details

Gold Price Forecast: XAU/USD holds below $3,350 ahead of US-Ukraine talks

The Gold price (XAU/USD) attracts some sellers to around $3,330 during the early Asian session on Monday. The precious metal edges lower after unexpectedly strong US Producer Price Index (PPI) data.

See details

AUD/USD gathers strength above 0.6500 as Fed rate cut bets remain intact

The AUD/USD pair gains ground around 0.6510 during the early Asian session on Monday. The US Dollar (USD) remains weak against the Australian Dollar (AUD) as US economic data keep the case for a September Federal Reserve (Fed) interest rate cut intact.

See details

White House envoy says US, Russia agreed on Ukraine security pledges -- Bloomberg

US special envoy Steve Witkoff on Sunday said that US President Donald Trump and Russian President Vladimir Putin agreed at their summit in Alaska that the United States (US) would be able to offer security guarantees to Ukraine, Bloomberg reported on Sunday.

See details

Trump and Putin joint press conference ends with no deal

United States (US) President Donald Trump and Russian President Vladimir Putin concluded an initial face-to-face meeting in Alaska late Friday, with both parties delivering mutually inconclusive statements.

See details

NZD/USD Price Analysis: Reversal points to weekly losses as bears regain control

The New Zealand Dollar halted its rally and turned negative, poised to finish 0.49% down in the week, after failing to clear key resistance levels, which paved the way for a drop towards the weekly lows near 0.5900. The NZD/USD trades at 0.5923, down 0.09%.

See details

Donald Trump lands in Alaska ahead of Putin meeting

United States (US) President Donald Trump has landed in Alaska, as he gears up for his sit-down meeting with Russian President Vladimir Putin to negotiate a peace deal between Russia and Ukraine. Ukrainian President Volodimir Zelenskiy is not in attendance.

See details

EUR/USD gains after mixed US data, focus shifts to Trump-Putin meeting

EUR/USD reverses its course, climbs on Friday, ignoring solid US Retail Sales data due to market participants still pricing in a Federal Reserve (Fed) rate cut in September. The pair trades at 1.1702, up 0.47%.

See details

Silver Price Forecast: range-bound near $38.00, eyes on Trump-Putin talks

Silver (XAG/USD) is attempting a mild recovery on Friday after sliding to a four-day low of $37.69. The rebound comes amid some softness in the US Dollar, which is losing traction following mixed US economic data this week.

See details

Dow Jones Industrial Average flubs another record high as consumer sentiment sours

The Dow Jones Industrial Average (DJIA) surged to record highs early on Friday, touching chart territory north of 45,250 for the first time ever.

See details

Gold steadies ahead of Trump-Putin summit as US Dollar slips

Gold price (XAU/USD) holds firm during the North American session as market participants await the outcome of the meeting between US President Donald Trump and his counterpart, Russian President Vladimir Putin.

See details

USD/JPY slides toward 147.00 as Japan GDP beats forecasts, US data disappoints

The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Friday, with USD/JPY extending its intraday decline during the American session, supported by stronger domestic growth data and signs of softening momentum in the US economy.

See details