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India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
US Dollar Index falls to near 98.00 due to dovish Fed expectations, upcoming CPI eyed
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is retracing its recent gains and trading around 98.00 during the Asian hours on Monday.
US President Donald Trump says he hopes China will quickly quadruple its US soybean orders
US President Donald Trump on Monday posted on Truth Social that he hopes China would quadruple its soybean orders from the United States (US). Trump further stated that it was also "a way of substantially reducing" Beijing's trade deficit with Washington.
USD/CAD steadies near 1.3750 as weak US data fuel Fed rate cut bets
USD/CAD inches lower after two days of losses, trading around 1.3750 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) faces challenges amid recent weakening in US economic data, which prompted traders to price in the possibility of more interest rate cuts this year.
Australian Dollar moves little as traders adopt caution ahead of upcoming RBA decision
The Australian Dollar (AUD) remains steady against the US Dollar (USD) on Monday due to market caution ahead of the interest rate decision by the Reserve Bank of Australia due on Tuesday.
Japanese Yen struggles to lure buyers amid mixed BoJ rate hike cues
The Japanese Yen (JPY) kicks off the new week on a subdued note amid relatively thin liquidity on the back of the Mountain Day holiday in Japan. Traders also seem reluctant to place aggressive directional bets amid mixed Bank of Japan (BoJ) rate hike cues.
NZ PM Luxon: US tariff relief is unlikely
New Zealand (NZ) Prime Minister Christopher Luxon made some comments on the 15% tariffs levied on NZ exports to the United States (US)
EUR/USD holds gains around 1.1650 due to cautious tone surrounding ECB outlook
EUR/USD edges higher after registering losses in the previous session, trading around 1.1650 during the Asian hours on Monday.
PBOC sets USD/CNY reference rate at 7.1405 vs. 7.1382 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1405 as compared to Friday's fix of 7.1382 and 7.1845 Reuters estimate.
NZD/USD edges lower to near 0.5950 as US-China tariff truce deadline looms
The NZD/USD pair loses ground to near 0.5950 during the early Asian session on Monday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) as China's deflation fears linger.
GBP/USD consolidates just below mid-1.3400s; bullish potential seems intact
The GBP/USD pair kicks off the new week on a subdued note and consolidates its recent goodish recovery gains from the 1.3140 area, or the lowest level since April 14, touched earlier this month.
Iran rejects nuclear site visits ahead of new talks with IAEA -- Bloomberg
Iran's Foreign Minister Abbas Araghchi said that Iran will not allow nuclear site inspections when a senior International Atomic Energy Agency (IAEA) official visits Tehran on Monday, Bloomberg reported late Sunday.
AUD/USD weakens to below 0.6550 as China's deflation concerns persist
The AUD/USD pair trades on a softer note around 0.6520 during the early Asian session on Monday. The Australian Dollar (AUD) edges lower against the US Dollar as concerns about China's deflation persist.
Fed's Bowman: Latest jobs data stiffens support for three rate cuts this year
Federal Reserve (Fed) Governor Michelle Bowman said on Saturday that the latest weak labor market data underscores her concerns about labor market fragility and strengthens her confidence in her own forecast that three interest rate cuts will likely be appropriate this year.
China's CPI inflation arrives at 0% YoY in July vs. -0.1% expected
China's Consumer Price Index (CPI) was unchanged at an annual in July after rising 0.1% in June, the National Bureau of Statistics of China reported on Saturday.
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