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Forex
German Preliminary Manufacturing PMI drops to 40.3 in September vs. 42.4 expected
Germany’s Manufacturing PMI declined to 40.3 in September vs. 42.4 forecast.
Services PMI for the German economy fell to 50.6 in September vs. 51.0…
NZD/USD holds positive ground near 0.6250, US PMI data looms
NZD/USD trades firmer around 0.6250 in Monday’s Asian session.
Traders expect the Fed to reduce interest rates further in the remainder of the year.…
Japanese Yen depreciates as US Dollar gains ground amid improved Treasury yields
The Japanese Yen depreciates, likely due to thin trading conditions stemming from the holiday on Monday.
BoJ Governor Ueda stated that the central bank will…
Australian Dollar rises due to hawkish sentiment surrounding upcoming RBA policy decision
The Australian Dollar receives support from the hawkish sentiment surrounding the upcoming RBA monetary policy decision.
The AUD could have received support…
Japan’s Top FX Diplomat Mimura: We are always watching markets
In an interview with NHK Broadcaster on Monday, Atsushi Mimura, Japan’s newly appointed Vice Finance Minister For International Affairs and top foreign…
EUR/USD holds ground near 1.1150 ahead of Eurozone PMI data
EUR/USD remains stable ahead of the Purchasing Managers Index data release from Eurozone and Germany.
The US Dollar may struggle due to the rising…
GBP/USD weakens below 1.3350, UK/US PMI data in focus
GBP/USD trades on a softer note near 1.3310 in Monday's Asian session.
Rising bet on further Fed rate cuts later this year might undermine the US Dollar.…
Hezbollah fires rockets deep in Israel as fear grows of widening conflict
Hezbollah and Israel exchanged heavy fire on Sunday, as the Lebanese militant group launched missiles deep into northern Israeli territory after facing some of…
AUD/USD trades with mild losses near 0.6800, eyes on US PMI data
AUD/USD loses ground near 0.6810 in Monday's early Asian session.
The expectation of further Fed rate cuts this year might weigh on the USD in the near…
Malaysia Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in Malaysia on Sunday, according to data compiled by FXStreet.
The price for Gold stood at 354.36 Malaysian…