FXStreet
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Germany Factory Orders s.a. (MoM) came in at 1.9%, above expectations (1.2%) in May
Germany Factory Orders s.a. (MoM) came in at 1.9%, above expectations (1.2%) in May
Mon, Jul 6
EUR/USD Price Forecast: 20-day EMA acts as key barrier near 1.1460
The EUR/USD pair trades marginally lower to near 1.1428 during the early European trading session on Monday. The major currency pair faces slight selling pressure as the US Dollar (USD) gains ground after a negative weekly close.
Mon, Jul 6
Indonesian Rupiah weakens as Fed hike bets lift US Dollar
USD/IDR rises for the second successive day, trading around 18,040 during the Asian hours on Monday. The pair appreciates as the US Dollar receives support from prevailing market expectations of Federal Reserve (Fed) interest rate hikes later this year.
Mon, Jul 6
Indian Rupee edges lower against the US Dollar at the start of FOMC Minutes week
The Indian Rupee (INR) opens marginally lower against the US Dollar (USD) at the start of the week.
Mon, Jul 6
United States Dollar Index rises to near 101.00 on Fed hikes this year
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after remaining unchanged in the previous day and trading around 101.00 during the Asian hours on Monday.
Mon, Jul 6
Japanese Yen declines towards 162.00 vs USD as carry trades counter intervention risks
The USD/JPY pair builds on its goodish recovery from the 160.50-160.45 region, or over a two-week low touched on Friday, and gains strong follow-through traction for the second straight day on Monday.
Mon, Jul 6
Singapore Retail Sales (YoY): 3% (May) vs previous 5.4%
Singapore Retail Sales (YoY): 3% (May) vs previous 5.4%
Mon, Jul 6
Singapore Retail Sales (MoM) dipped from previous 0.3% to -2.3% in May
Singapore Retail Sales (MoM) dipped from previous 0.3% to -2.3% in May
Mon, Jul 6
Cardano Price Forecast: Bullish momentum persists as traders stay cautiously optimistic
Cardano (ADA) is trading slightly lower on Monday, finding support around the key technical level at $0.186. ADA pauses its gains at the start of this week after posting a massive 31% rally in the previous week.
Mon, Jul 6
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
Mon, Jul 6
EUR/JPY Price Forecast: Tests 185.00 after breaking above moving averages
EUR/JPY gains ground for the second successive day, trading around 185.00 during the Asian hours on Monday. The currency cross holds a constructive near-term bias as it trades above the nine-period and 50-period Exponential Moving Averages (EMAs).
Mon, Jul 6
AUD/USD Price Forecast: Retreats from 38.2% Fibo. hurdle; holds above 0.6900
The AUD/USD pair meets with a fresh supply during the Asian session on Monday and, for now, seems to have snapped a two-day winning streak to the 0.6950 region, or a one-and-a-half-week high touched on Friday.
Mon, Jul 6
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC maintains recovery, ETH challenges 50-day EMA, XRP breaks higher
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) began the week on a constructive note after surging over 6%, 13% and 10% in the previous week.
Mon, Jul 6
Silver Price Forecast: XAG/USD corrects to near $62, increasing bearish bets on oil prices limit downside
Silver price (XAG/USD) is down 1% to near $61.80 during the Asian trading session on Monday. The white metal falls back after rising for four straight trading days.
Mon, Jul 6
Crypto Market Overview: Steady recovery in Bitcoin nears key resistance – PUMP and HYPE lead gains
Bitcoin (BTC) steadies above $63,000 at press time on Monday following a five-day recovery stretch last week, totaling roughly 7% gains.
Mon, Jul 6
Gold struggles to find acceptance above $4,200; eases from two-week high amid USD uptick
Gold (XAU/USD) struggles to capitalize on its modest Asian session uptick and trades below a fresh two-week high, levels just above the $4,200 mark, touched this Monday.
Mon, Jul 6
Canadian Dollar weakens despite higher oil prices
USD/CAD gains ground for the second consecutive day, trading around 1.4210 during the Asian hours on Monday. The upside of the pair could be restrained as the commodity-linked Canadian Dollar (CAD) could receive support from higher oil prices.
Mon, Jul 6
WTI rises to near $69.00 despite OPEC+ hikes, Hormuz flows
West Texas Intermediate (WTI) oil price extends its gains for the third successive day, trading around $69.00 per barrel during the Asian hours on Monday.
Mon, Jul 6
ECB’s Moulin: Central bank is in a “good position” after raising interest rates in June
European Central Bank (ECB) Governing Council member Emmanuel Moulin said at the Rencontres Economiques conference in Aix-en-Provence on Saturday that the central bank is in a “good position” after raising interest rates in its June policy meeting, with inflation easing alongside the slump in oil pr
Mon, Jul 6
OPEC+ agrees on raising output targets, starting in August
The Organization of Petroleum Exporting Countries and its allies (OPEC+), including Russia, agreed to raise their output targets by 188,000 barrels a day starting in August.
Mon, Jul 6
