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EUR/USD: Ceasefire hopes - OCBC
Euro (EUR) was a touch firmer this morning amid mild USD softness and likely in response to US-Russia meeting this Friday in Alaska. Euro (EUR) was last at 1.1644 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: More sensitive to Ukraine optimism - ING
Any developments from Friday's US-Russia summit will have implications for the euro.
NZD/USD hits lows sub-0.5940 with US-China talks in the spotlight
The New Zealand Dollar is on its back foot on Monday, despite the moderate risk-on mood, and has drifted below the 0.5950 level against the US Dollar, with investors cautious as US and Chinese representatives attempt to reach a deal to extend their trade truce.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data.
EUR/GBP Price Forecast: Potential double top at 0.8740-0.8750
The Euro is trading lower for the third consecutive day on Monday, against a stronger British Pound, which got a boost last week, after the split vote at the Bank of England's Monetary Policy Meeting prompted investors to dial down hopes for further rate cuts.The BoE cut rates to 4% from the previou
Dow Jones futures rise due to rising odds of Fed multiple rate cuts
Dow Jones futures remain higher during early European hours, ahead of the regular market opening in the United States (US) on Monday, trading above 44,300, up by 0.12%. However, S&P 500 futures are steady near 6,400, and Nasdaq 100 futures fall 0.11% to trade around 23,700.
AUD/USD wobbles around 0.6520 as investors await RBA's monetary policy decision
The AUD/USD pair trades sideways around 0.6520 during the European trading session on Monday. The Aussie pair consolidates as investors await the monetary policy announcement by the Reserve Bank of Australia (RBA) on Tuesday.
AUD/JPY falls to near 96.00 as RBA rate cut expectations weigh
AUD/JPY halts its four-day winning streak, trading around 96.00 during the European hours on Monday. The currency cross depreciates as the Australian Dollar (AUD) faces challenges due to market caution ahead of the interest rate decision by the Reserve Bank of Australia due on Tuesday.
USD/CAD crawls higher, approaches 1.3770 as the US Dollar bounces up
The Canadian Dollar is on the defensive today, with Crude prices depressed near two-month lows, while the US Dollar picks up from lows, bringing the pair to intra-day highs near 1.3770 in an otherwise calm trading session.The Loonie is losing ground on Monday as Oil prices languish at their lowest l
Pound Sterling extends winning streak against US Dollar ahead of key UK-US data
The Pound Sterling (GBP) extends its winning streak for the fifth trading day against the US Dollar (USD) at the start of the week.
Silver price forecast: XAG/USD moves below $38.00 amid easing geopolitical risks
Silver price (XAG/USD) depreciates after registering gains in the previous two sessions, trading around 38.00 per troy ounce during the early European hours on Monday. The safe-haven Silver attracts sellers amid easing geopolitical risks.
Forex Today: US Dollar retreats as focus shifts to inflation data, US-China trade talks
Here is what you need to know on Monday, August 11:
WTI extends downside to near $62.50 as traders brace for potential US-Russia talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.50 during the early European trading hours on Monday. The WTI extends the decline near the lowest since June amid optimism over the proposed United States (US)-Russia meeting.
EUR/GBP drifts higher to above 0.8650 amid optimism over potential US-Russia meeting
The EUR/GBP cross edges higher to near 0.8665 during the early European session on Monday. The Euro (EUR) gains ground against the Pound Sterling (GBP) amid optimism surrounding a possible meeting between the US and Russia.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $62.81 per barrel, up from Friday's close at $62.72.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $65.86.
FX option expiries for Aug 11 NY cut
FX option expiries for Aug 11 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/JPY rises above 172.00 as traders expect ECB to pause easing cycle
EUR/JPY extends its gains for the second successive session, trading around 172.10 during the Asian hours on Monday.
GBP/JPY Price Forecast: Looks set to reclaim 200.00
The GBP/JPY pair trades almost flat around 198.60 during the late Asian trading session on Monday. The pair strives to extend its four-day winning streak, with investors awaiting the United Kingdom (UK) labor market data for three-months ending June, which is scheduled to be released on Tuesday.
EUR/USD strengthens to above 1.1650 on ECB's cautious stance
The EUR/USD pair climbs to near 1.1675 during the early European session on Monday. The Euro (EUR) strengthens against the US Dollar (USD) due to a potential meeting between US President Donald Trump and Russian President Vladimir Putin on Friday to end sanctions.
NZD/USD trades with negative bias around mid-0.5900s ahead of US-China tariff truce deadline
The NZD/USD pair ticks lower at the start of a new week and moves further away from over a one-week top touched on Friday, though it lacks follow-through selling. Spot prices currently trade around mid-0.5900s, down less than 0.10% for the day, amid mixed fundamental cues.
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