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Gold price falls sharply at start of week - Commerzbank

The price of Gold came under significant pressure yesterday, Commerzbank's commodity analyst Carsten Fritsch notes.

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WTI Oil prices consolidate around $63.50 ahead of the Putin-Trump meeting

Crude Oil prices are trading sideways, within a tight range around $63.50 on Tuesday, consolidating gains after having bounced from two-month lows near $62.00 on Monday. Upside attempts, however, remain limited ahead of the meeting between Trump and Putin later on the week.

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How is the USD going to react? - Commerzbank

Today, the foreign exchange market will probably focus primarily on the US inflation figures, which will be published at 1:30 pm BST. According to a Bloomberg survey, core inflation is expected to accelerate slightly.

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German ZEW Economic Sentiment Index drops to 34.7 in August vs. 40 expected

The headline German ZEW Economic Sentiment Index fell to 34.7 in August from 52.7 in July, missing the market forecast of 40.

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EUR/USD: Further decline is unlikely to reach 1.1540 - UOB Group

There is a chance for Euro (EUR) to test, and potentially dip below 1.1585 against US Dollar (USD); any further decline is unlikely to reach 1.1540.

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EUR/JPY price forecast: Eyes bullish breakout above 172.50 barrier

EUR/JPY extends its winning streak for the third successive session, trading around 172.40 during the European hours on Tuesday. The technical analysis of the daily chart suggests a potential for a bullish bias as the currency cross is attempting to break above the rectangular pattern.

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RBA delivers expected 25bp cut - ING

The Reserve Bank of Australia delivered a widely expected 25bp rate cut, prompting a modest AUD dip as markets viewed its lowered inflation and growth forecasts as dovish, ING's FX analyst Francesco Pesole notes.

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USD: We expect 0.4% MoM core CPI - ING

The dollar has found some support ahead of today's US CPI release. Some of this may reflect profit-taking in still relatively crowded USD shorts, as well as President Trump's decision to extend the tariff pause on China by another 90 days.

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Gold: Some clarity - OCBC

President Trump wrote on Truth Social that imports of gold will not be tariffed, OCBC's FX analysts Frances Cheung and Christopher Wong note.

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EUR/USD tests key 50-day moving average - Société Générale

EUR/USD is rebounding toward its 50-day moving average, but resistance near 1.18 could cap gains, leaving the pair vulnerable to a pullback toward 1.1525 or lower, Société Générale's FX analysts note.

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AUD/USD: RBA's guidance; extension of China truce - OCBC

Australian Dollar (AUD) was a touch firmer this morning amid supported risk sentiment and improvement in business confidence, OCBC's FX analysts Frances Cheung and Christopher Wong note.

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GBP: Acceptable jobs numbers - ING

The UK released July jobs data this morning. Payrolls fell by just 8k - best since January - and June was revised up to -26k (from -41k). This aligns with recent hiring surveys showing signs of recovery, ING's FX analyst Francesco Pesole notes.

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DXY: CPI report can be a binary risk - OCBC

US Dollar (USD) traded a touch firmer overnight, but the moves were well within recent range. DXY was last at 98.50 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

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Silver price forecast: XAG/USD climbs to near $38.00 due to US-China trade truce

Silver price (XAG/USD) gains ground after registering around 2% losses in the previous session, trading around $37.80 per troy ounce during the European hours on Tuesday.

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RBA: Cash rate lowered, outlook still cautious - Commerzbank

This morning, the Reserve Bank of Australia lowered its key interest rate by 25 basis points to 3.6%, Commerzbank's FX analyst Volkmar Baur notes.

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EUR: Eyes on ZEW and Ukraine headlines - ING

This morning we'll see an important gauge of the impact on eurozone sentiment of the US-EU deal in the German ZEW release for August.

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Dow Jones futures bounce back ahead of US inflation data for July

Dow Jones futures attract significant bids in the overnight session on Tuesday. United States (US) equity futures rebound as both the United States (US) and China have confirmed that they agreed to postpone the tariff truce for 90 days.

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NZD/USD holds losses below 0.5950 ahead of US CPI data

NZD/USD extends its losses for the second successive session, trading around 0.5930 during the early European hours on Tuesday. The pair faces challenges as the US Dollar (USD) remains stable amid market caution ahead of the US consumer inflation data, due later in the North American session.

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Pound Sterling gains on upbeat UK employment data

The Pound Sterling (GBP) attracts significant bids against its major peers on Tuesday after the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.

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GBP/JPY holds above 199.00 as UK employment data beats expectations

The Pound remains near year-to-date highs, consolidating gains, after rallying for six consecutive days.

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