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Forex Today: US CPI data and the RBA meeting will be the salient events
The US Dollar (USD) added to Friday's advance amid the generalised prudence among market participants ahead of the publication of the US inflation data, while a potential Trump-Putin meeting also helped with the cautious environment.
Australian Dollar consolidates ahead of RBA rate call; traders eye US inflation data
The Australian Dollar (AUD) trades with a slightly negative tone against the US Dollar (USD) on Monday, with AUD/USD holding steady above the 0.6500 level as investors brace for Tuesday's Reserve Bank of Australia (RBA) monetary policy decision.
Donald Trump extends tariff deadline for China by another 90 days
US President Donald Trump hit markets with fresh trade headlines late on Monday, this time refocusing his efforts on negotiating trade deals with the Chinese government. Trump has announced that hefty tariffs aimed at Chinese goods will again be delayed, pushing back the deadline by 90 days.
EUR/JPY steady as markets eye Trump-Putin talks on Ukraine
The EUR/JPY pair is holding steady around 171.75 in Monday's session, with a slightly weaker Euro (EUR) against the Japanese Yen (JPY) reflecting a cautious market mood as attention shifts to geopolitics.
Canadian Dollar backslides as Greenback bounces ahead of critical CPI inflation
The Canadian Dollar (CAD) retreated on Monday, falling one-fifth of one percent against the US Dollar (USD) ahead of the latest US Consumer Price Index (CPI) inflation print on Tuesday.
Trump still angling to broker Russian ceasefire and cuts deals with chipmakers
United States (US) President Donald Trump hit the wires on Monday, announcing his intention to continue trying to broker a ceasefire between Russia and Ukraine in the coming days.
GBP/USD retreats from two-week high as US Dollar firms ahead of inflation data
The British Pound (GBP) edges lower against the US Dollar (USD) on Monday, snapping its recent advance as the Greenback firms ahead of the Greenback firms ahead of Tuesday's US Consumer Price Index (CPI) report.
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