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GBP: Will the budget date be announced this week? - ING
If the UK government wants the Bank of England to be able to react to a fiscally tight budget, it will have to announce the budget date this week, ING's FX analyst Chris Turner notes.
CAD: Growth figures provide a look in the rear-view mirror - Commerzbank
In Canada, the effects of Donald Trump's trade war were clearly evident in the second quarter, with the economy contracting by 1.6% quarter-on-quarter (annualised).
DXY: US holiday today - OCBC
US Dollar (USD) stays backfooted as core PCE came in largely in line with estimates. DXY last at 97.60 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Focus on inflation - ING
US developments will again dominate EUR/USD this week. But on the eurozone side, the focus will be on the August inflation data released on Tuesday.
China: Holding steady in August - UOB Group
The China Federation of Logistics and Purchasing (CFLP) business surveys improved marginally in August while the private sector RatingDog China manufacturing PMI unexpectedly returned to expansion at 50.5 in August (Bloomberg est: 49.8, July: 49.5).
US Dollar Index Price Forecast: Tests 97.50 support near eight-week lows
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the fifth consecutive session and trading around 97.60 during the European hours on Monday.
GBP/USD rises above 1.3500 as BoE rate cut odds, US Dollar weaken
GBP/USD appreciates after registering slight losses in the previous session, trading around 1.3530 during the European hour on Monday.
EUR/USD edges higher as Fed dovish bets keep US Dollar on back foot
EUR/USD edges higher, trading near a one-week high around 1.1730 during the European trading session on Monday.
NZD/USD rises to near 0.5900 following Building Permits, China's Manufacturing PMI data
NZD/USD extends its gains for the third successive session, trading around 0.5900 during the early European hours on Monday.
Lagarde speech: French banking system is not a source of risk, as of itself
European Central Bank (ECB) President Christine Lagarde said on Monday that France doesn't currently require the International Monetary Fund (IMF) involvement. Lagarde further stated that the French banking system is in a better place than it was during the 2008 crisis.
FX option expiries for Sept 1 NY cut
FX option expiries for Sept 1 NY cut at 10:00 Eastern Time via DTCC can be found below.
Forex Today: Gold, Silver shine as US Dollar sags amid thin trading conditions
Here is what you need to know on Monday, September 1:
EUR/GBP holds positive ground above 0.8650 on hotter-than-expected German CPI data
The EUR/GBP cross gains momentum to around 0.8660 during the early European trading hours on Monday. The hotter-than-expected preliminary reading of Germany's Consumer Price Index (CPI) report provides some support to the Euro (EUR).
EUR/JPY climbs above 172.00 amid lingering uncertainty over Eurozone inflation
EUR/JPY extends its gains for the third successive session, trading around 172.20 during the Asian hours on Monday.
USD/CHF trades cautiously near 0.8000 at the start of busy US-data week
The USD/CHF pair trades with caution near 0.8000 during the Asian trading session on Monday. The Swiss France pair struggles to gain ground as investors turn extremely cautious ahead of an array of United States (US) labor market-related data publishing this week.
GBP/USD Price Forecast: First upside barrier emerges above 1.3600
The GBP/USD pair edges higher to near 1.3520 during the early European session on Monday. The growing prospect that the Federal Reserve (Fed) will lower borrowing costs at least twice by the end of this year undermines the US Dollar (USD) against the Pound Sterling (GBP).
USD/INR opens near all-time highs as Indian Rupee underperforms
The Indian Rupee (INR) opens on a positive note near its all-time highs against the US Dollar (USD) at the start of the week.
US Dollar Index steadies above 97.50 as Fed rate cut bets weigh on outlook
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous four successive sessions and trading around 97.70 during the Asian hours on Monday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
EUR/USD gains momentum above 1.1700 ahead of ECB's Lagarde speech
The EUR/USD pair trades on a stronger note near 1.1705 during the Asian trading hours on Monday. The rising rate cut expectation from the US Federal Reserve (Fed) continues to weigh on the Greenback against the Euro (EUR).
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