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US President Donald Trump says US hitting Iran 'very hard’
US President Donald Trump said that the latest US strikes on Iran were being carried out in honour of US service members killed in recent days, the Guardian reported on Monday.Â
New Zealand Dollar remains subdued following PBoC policy decision
NZD/USD remains in negative territory for the third consecutive day, trading around 0.5840 during the Asian hours on Monday.
British Pound holds steady near 1.3450 as US-Iran strikes intensify
The GBP/USD pair trades on a flat note around 1.3450 during the early Asian session on Monday. Traders continue to assess the developments surrounding US-Iran tensions after the US said that a third American troop was killed in the past two days.
PBOC sets USD/CNY reference rate at 6.7948 vs. 6.7934 previous
On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7948 compared to Friday's fix of 6.7934 and 6.7577 Reuters estimate.
PBOC holds Loan Prime Rates steady in July
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.Â
Euro bulls remain on the sidelines as USD gains on US-Iran tensions and inflation fears
The EUR/USD pair kicks off the new week on a softer note, though it lacks follow-through selling, warranting caution before positioning for an extension of the pullback from a nearly four-week high touched last Wednesday.
WTI surges above $83.00 amid escalating US-Iran conflict
West Texas Intermediate (WTI) oil price opened at a bullish gap, trading around $83.50 per barrel during the Asian hours on Monday.
China PBoC Interest Rate Decision meets expectations (3%)
China PBoC Interest Rate Decision meets expectations (3%)
Gold falls toward $4,000 as US-Iran hostilities boosts Fed rate hike bets
Gold price (XAU/USD) falls to around $4,000 during the early Asian trading hours on Monday. The precious metal hovers around the psychological level in recent weeks after losing 14% in the second quarter (Q2), its worst showing since 2013.
Australian Dollar softens below 0.7000 as US–Iran conflicts escalate
The AUD/USD pair edges lower to around 0.6975 during the early Asian session on Monday. The Australian Dollar (AUD) extends the decline below the 0.7000 psychological level due to escalating tensions in the Middle East.Â
United Kingdom Rightmove House Price Index (YoY) rose from previous -0.5%Â to -0.4% in July
United Kingdom Rightmove House Price Index (YoY) rose from previous -0.5%Â to -0.4% in July
United Kingdom Rightmove House Price Index (MoM) declined to -1% in July from previous -0.6%
United Kingdom Rightmove House Price Index (MoM) declined to -1% in July from previous -0.6%
New Zealand Trade Balance NZD (MoM) declined to $23M in June from previous $800M
New Zealand Trade Balance NZD (MoM) declined to $23M in June from previous $800M