Market News
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Japanese Yen gains against US Dollar at the start of Fed-BoJ policy week
The Japanese Yen starts the week on a positive note against the US Dollar (USD), but is down against its other currency peers.
AUD/USD Price Forecast: Consolidates near 0.7000 as bulls await 38.2% Fibo. breakout
The AUD/USD pair struggles to capitalize on a modest bullish gap opening on Monday and oscillates in a narrow band around the 0.7000 psychological mark through the Asian session.
Gold extends range play below $4,100 as bulls keenly await Fed decision on Wednesday
Gold (XAU/USD) extends its consolidative price move through the first half of the European session on Monday and remains below the $4,100 mark as bulls seem hesitant ahead of the crucial FOMC meeting this week.
EUR/JPY Price Forecast: Holds gains around 186.50 within rising wedge
EUR/JPY gains ground after registering minor losses in the previous day, trading around 186.50 during the Asian hours on Monday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
Swiss Franc climbs as US Dollar falls on easing safe-haven demand
USD/CHF depreciates after five days of losses, trading around 0.8150 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.
Indonesian Rupiah weakens as Bank Indonesia Governor Perry Warjiyo resigns
USD/IDR has recovered its losses from the previous trading day, hovering around 18,050 during the Asian hours on Monday.
Silver Price Forecast: XAG/USD jumps over 2% to near $60 on renewed US-Iran diplomacy hopes
Silver price (XAG) trades sharply higher near $60.00 during the Asian trading session on Monday. The white metal starts the week on a firm note as the pause in military aggression between the United States (US) and Iran has sent oil prices sharply lower.
United States Dollar Index falls to near 101.00 after US-Iran strike halt
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground after posting minor losses in the previous trading day, trading around 101.20 during the Asian session on Monday.
New Zealand Dollar bulls seem hesitant; downside seems limited amid weak USD
The NZD/USD pair kicks off the new week on a positive note amid a broadly weaker US Dollar (USD), though it struggles to capitalize on gains beyond the 0.5800 mark.
Canadian Dollar advances as easing risk aversion lifts US Dollar
USD/CAD depreciates after posting minor gains in the previous trading day, hovering around 1.4080 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) falls sharply on easing geopolitical tensions following a weekend pause in military hostilities between the US and Iran.
British Pound strengthens beyond mid-1.3300s vs weak USD amid fresh Iran diplomacy hopes
The GBP/USD pair builds on Friday's modest bounce from a three-week low and gains strong follow-through positive traction at the start of a new week.
Gold gains as falling oil prices ease inflation and rate hike fears
Gold price (XAU/USD) gains ground for the second consecutive day, trading around 4,103 per troy ounce during the Asian hours on Monday.