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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.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
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.
Silver Price Forecast: XAG/USD surges above $40 as Fed seems to cut interest rates in September
Silver price (XAG/USD) posts a fresh 14-year high around $40.70 during the European trading session on Monday. The white metal strengthens as traders are confident that the Federal Reserve (Fed) will cut interest rates in the policy meeting in September.
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.
WTI drifts higher to near $64.00 on Russia-Ukraine supply concerns
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.95 during the early European trading hours on Monday. The WTI recovers some lost ground as rising bets of a Federal Reserve (Fed) rate cut offset pressure from new US tariffs on Indian imports.
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:
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Monday, early in the European session. WTI trades at $63.56 per barrel, down from Friday's close at $63.76.Brent Oil Exchange Rate (Brent crude) is stable, hovering around its previous daily close at $67.37.
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.
Gold rallies to over four-month top amid Fed rate cut bets, weaker USD, geopolitical risks
Gold (XAU/USD) gains strong follow-through traction at the start of a new week - marking the sixth day of a positive move in the previous seven - and jumps to the $3,486 area, or the highest level since April 22, during the Asian session.
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).
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