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NZD/USD recovery stalls below 0.5925 as the US Dollar picks up from lows
The New Zealand Dollar treads water above 0.5900 on Monday’s early European session as the market sobers up to the weak US employment figures seen on Friday, and the US Dollar and US Treasury yields pick up from Friday’s lows.
Fxstreet
Mon, Aug 4
USD/CAD holds below 1.3800 as weaker US job data fuels Fed rate cut expectations
The USD/CAD pair trades on a softer note around 1.3780 during the early European trading hours on Monday. The Greenback edges lower against the Canadian Dollar (CAD) due to the weaker-than-expected US July job data.
Fxstreet
Mon, Aug 4
EUR/GBP tumbles to near 0.8700 as traders await BoE rate decision
The EUR/GBP cross loses momentum to near 0.8715, snapping the two-day losing streak during the early European trading hours on Monday. Investors will closely monitor the Bank of England (BoE) interest rate decision on Thursday.
Fxstreet
Mon, Aug 4
FOREX-Dollar finds footing after US jobs drubbing
Dollar rebounds slightly after Friday's slideWeak jobs data, uncertainty over Fed independence undermine US economyInvestors pricing in more than 90% chance of September Fed cutBy Rae Wee SINGAPORE, Aug 4 (Reuters) - A battered dollar found some support on Monday after a dismal U.S. jobs repo...Reuters
Mon, Aug 4
AUD/JPY recovers further from multi-week low, climbs to 95.80 amid a broadly weaker JPY
The AUD/JPY cross attracts some buyers during the Asian session on Monday and reverses a part of Friday's slump to the 95.00 neighborhood, or a nearly four-week low. Spot prices climb to a fresh daily peak, around the 95.80 region in the last hour, and draw support from a combination of factors.
Fxstreet
Mon, Aug 4
EUR/JPY strengthens to near 171.00 amid uncertainty about timing of BoJ's next rate hike
The EUR/JPY cross gains momentum to near 171.00 during the Asian trading hours on Monday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid reduced Bank of Japan (BoJ) rate hike expectations and political uncertainty in Japan.
Fxstreet
Mon, Aug 4
EUR/USD holds onto gains below 1.1600 as US Dollar trades cautiously
The EUR/USD pair clings to Friday’s gains near 1.1570 during the late Asian session on Monday. The major currency pair trades firmly as the US Dollar (USD) has been pushed to the backfoot, following questions over the credibility of the United States (US) data agencies.
Fxstreet
Mon, Aug 4
GBP/USD Price Forecast: Resistance appears at 1.3300 near nine-day EMA
The GBP/USD pair moves sideways after registering more than 0.5% gains in the previous day, trading around 1.3280 during the Asian hours on Monday. The bearish bias prevails as the daily chart’s technical analysis suggests that the pair moves downwards within the descending channel pattern.Fxstreet
Mon, Aug 4
USD/CAD struggles near 1.3750 due to improved Oil prices
USD/CAD remains subdued for the second successive session, trading around 1.3770 during the Asian hours on Monday. The pair faces challenges as the commodity-linked Canadian Dollar (CAD) receives support from the slight increase in crude Oil prices.Fxstreet
Mon, Aug 4
Australia, NZ dollars hold onto gains as greenback feels rate cut drag
Aussie, kiwi's gains on Friday break six-day losing streakDomestic bond yields slump, tracking their US counterpartsBy Stella Qiu SYDNEY, Aug 4 (Reuters) - The Australian and New Zealand dollars held onto gains on Monday after the greenback was badly bruised by a bleak U.S. jobs report that h...Reuters
Mon, Aug 4
Australian Dollar remains steady following TD-MI Inflation Gauge data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second successive trading day. The AUD/USD pair gained ground following the release of Australia's inflation gauge data.
Fxstreet
Mon, Aug 4
TREASURIES-Treasury yields hit 3-month low in aftermath of jobs report, Fed resignation
US 2-year yields drop as traders bet on Fed rate cutsJobs data shows crack in US labour marketInvestors weigh Trump firing Labor department officialFed Gov Kugler's resignation opens door for Trump to reshape Fed By Ankur Banerjee SINGAPORE, Aug 4 (Reuters) - U.S. Treasury yields slipped to t...Reuters
Mon, Aug 4
