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EUR/USD slips below 100-day SMA after failure at 1.1600
EUR/USD gave back early gains on Monday, reversing from 1.1614 to trade below 1.1600 and under the 100-day SMA.
GBP/USD fails to hold three-month high above 1.3550
GBP/USD briefly cleared 1.3550 on Monday for the first time in three months before reversing and ending with a net gain of less than 10 pips.
US Dollar Sags to Two-Month Lows as Middle East Risk Lifts Oil and Gold
The US Dollar Index starts the week under pressure below 100.00, while Middle East tensions support oil and gold.
Bank Indonesia Expected to Hold Rate at 5.75% Again
Brown Brothers Harriman’s Elias Haddad expects Bank Indonesia to keep its policy rate at 5.75% for a second straight meeting after 100 basis points of tightening.
USD/JPY Flat Around Mid-159.00 as Soft Japan Growth Fails to Move Pair
USD/JPY is little changed Monday near the mid-159.00s after soft Japanese growth data failed to shift the pair, which has held a 158.60–159.50 range for five days.
UOB Sees Mild Upside Bias for Singapore Dollar vs US Dollar
USD/SGD remains under mild downward pressure after slipping to 1.2775 before rebounding, according to UOB's Quek Ser Leang.
Mexican peso softens as Middle East risks lift dollar, USD/MXN back above 17.00
The Mexican peso weakened against the U.S. dollar on Monday, with USD/MXN reclaiming the 17.00 level as Middle East tensions boosted safe-haven demand for the greenback.
China guides measured yuan appreciation as USD/CNH nears lows, OCBC says
OCBC strategists note that Chinese policymakers are allowing a gradual renminbi advance while using a sizeable daily fix to prevent the currency from strengthening too quickly.
Gold rallies above $4,400 as dollar slides
Gold rose more than 1% on Monday, trading near $4,422 as US dollar weakness and lower Treasury yields supported the metal after soft inflation data.
USD/CHF Rebounds but 0.8200 Still Key for Bulls
USD/CHF recovered from an intraday low of 0.8072 to trade near 0.8112 on Monday, with 0.8200 seen as the key level for bullish momentum.
Euro slips back under 1.1600 as dollar steadies
EUR/USD pulled back from an intraday high of 1.1614 to trade near 1.1580 on Monday as US dollar selling pressure eased.
Australian Dollar Extends Recovery as AUD/USD Reclaims 0.7100
AUD/USD clears 0.7100 and builds momentum, with 0.7200 seen as the next key resistance.
Gold Price Forecast: Resistance at 0.618 Arc, Possible Slide to $4,415
Gold’s bullish momentum has faded at the 0.618 resistance arc on the 30-minute chart, with arc-cycle analysis pointing to a potential decline toward $4,415.
EUR/GBP Holds Tight Range Before UK Jobs Data
EUR/GBP is trading near flat around the mid-0.8500s as markets await UK labour market data.
Swissquote Warns 600 Russian Customers of Possible Account Closures
Swissquote has told about 600 customers, mostly at digital banking unit Yuh, that their accounts may be closed due to compliance costs linked to Russian citizenship.
Dollar Index Fails at 200-Day EMA, Trades Near 99.50
The US Dollar Index is down about 0.1% near 99.50 after failing at its 200-day exponential moving average in early trading.
Pound edges higher ahead of UK jobs and inflation data
Sterling rose 0.14% on Monday as traders weighed softer-than-expected US inflation and positioned before key UK jobs and CPI releases.
Yen Struggles as USD/JPY Rebounds Toward 159.25
The Japanese yen failed to hold early gains against a softer dollar, with USD/JPY recovering to around 159.25 despite rising Japanese bond yields and Bank of Japan hike bets.
Australian Dollar Climbs to Two-Month High as US Dollar Softens
AUD/USD reached fresh ten-week highs near 0.7100, up 0.40% on the day, driven mainly by broad US dollar weakness.
Scotiabank Sees Bullish British Pound Bias vs US Dollar
Scotiabank strategists say sterling has a bullish bias against the US dollar, even as it lags core European peers and faces upcoming data risk.
US Dollar Faces Renewed Downside Risk, Commerzbank Says
Commerzbank’s Volkmar Baur notes the US dollar has weakened against the euro as markets scale back expectations for further Fed tightening relative to other G10 central banks.
Euro Bullish Momentum Eyes Mid-1.17s Against US Dollar
Scotiabank strategists see the euro firming against the US dollar, supported by Eurozone economic resilience and narrowing yield spreads, with bullish momentum targeting the mid-1.17s.
Turkey's Central Bank Still Fighting Inflation Legacy After Lira Crisis
The CBRT has contained much of the direct exchange-rate pass-through after the lira collapse, but inflationary habits from the currency crisis remain entrenched.
Weak GDP, Rising JGB Yields Weigh on Japanese Yen
BNY's Geoff Yu says soft Japanese GDP and higher JGB yields are undermining confidence in the Bank of Japan's ability to sustain a stronger yen.