News
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Trump's World Liberty Financial tokens begin trading
NEW YORK, Sept 1 (Reuters) - Some of the digital tokens backing the Trump family's cryptocurrency venture, World Liberty Financial, began trading on Monday, the cryptocurrency company said. In July, investors in the tokens voted to make them tradeable, paving the way for their sale and purchase ...Reuters
Mon, Sep 1
USD/JPY: Likely to trade sideways between 146.70 and 147.50 – UOB Group
Momentum indicators are turning flat; US Dollar (USD) is likely to trade sideways between 146.70 and 147.50. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Sep 1
NZD/USD: Clear break above 0.5920 seems unlikely – UOB Group
There is scope for New Zealand Dollar (NZD) to continue to edge higher; a clear break above 0.5920 seems unlikely. In the longer run, the likelihood of NZD breaking above the top of the 0.5820/0.5920 range is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Sep 1
AUD/USD: Clear break above 0.6555 s unlikely – UOB Group
Australian Dollar (AUD) is likely to test 0.6555; a clear break above this level is unlikely. In the longer run, AUD is slightly positive, and it is likely to edge higher to 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Sep 1
EUR/USD: Upward momentum is starting to build – UOB Group
Bias for Euro (EUR) is tilted to the upside; it does appear to have enough momentum to break above 1.1720. In the longer run, upward momentum is starting to build; the probability of EUR breaking above 1.1720 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Sep 1
USD/JPY consolidates around 147.00 at the start of busy US-data week
The USD/JPY pair trades in a tight range around 147.00 during the European trading session on Monday. The pair wobbles, even as the US Dollar (USD) sinks to its monthly low, suggesting that the Japanese Yen (JPY) is also weak.Fxstreet
Mon, Sep 1
FOREX-Dollar hits lowest since end-July ahead of US jobs data
US dollar index hits 5-week low ahead of US dataRobust figures could challenge current Fed rate cut expectationsTrade policy and Fed independence remain in focusYuan underpinned by central bank fixings, Chinese stock rallyBy Stefano Rebaudo Sept 1 (Reuters) - The dollar hit a five-week low on Mon...Reuters
Mon, Sep 1
AUD/USD advances to near 0.6550 as US Dollar declines ahead of US job data
The AUD/USD pair gains sharply to near 0.6560 during the European trading session Monday. The Aussie pair advances as the US Dollar (USD) underperforms its peers on expectations that the Federal Reserve (Fed) will cut interest rates in the monetary policy meeting this month.Fxstreet
Mon, Sep 1
Yuan Appreciation Accelerates on Strong Fixing, but the Road Back to 6 Isn’t Smooth
TradingKey - Since late August, the Chinese yuan has entered a phase of rapid appreciation. Supported by a stronger CNY daily reference rate guidance, domestic policy stimulus, and a weakening U.S. dollar, the offshore yuan (CNH) hit a 2025 year-to-date high last week. Hedge funds and major
TradingKey
Mon, Sep 1
Putin proposes Shanghai Cooperation Organisation members should issue joint bonds
MOSCOW, Sept 1 (Reuters) - Russian President Vladimir Putin on Monday proposed that members of the 10-nation Shanghai Cooperation Organisation (SCO) should sell joint bonds, a step that would mark a major deepening of their economic cooperation.At a summit of the group in China, Putin also floated t...Reuters
Mon, Sep 1
CORRECTED-Sterling on track for three-day slide versus euro amid fiscal concerns
By Stefano Rebaudo Sept 1 (Reuters) - Sterling rose against a weakening dollar on Monday but was on track for a 3-day falling streak versus the euro, as investors awaited U.S. economic data later this week amid renewed concerns over Britain’s fiscal outlook.Weakness in the pound has coincided wit...Reuters
Mon, Sep 1
EMERGING MARKETS-EM assets waver on data flood; markets watch Southeast Asia's big two
EM stocks up 0.7%, FX flatTurkey economy grew 4.8% in Q2, beating expectationsS.Korea stocks fall as US makes hinders chip production in ChinaChinese equities jump after Alibaba reports upbeat AI-growthBy Pranav Kashyap Aug 21 (Reuters) - Most emerging market assets were mixed on Monday as invest...Reuters
Mon, Sep 1
Hedge Funds Bet on Yen Breaking Out of August’s Range Weakness on External Risks
TradingKey - The Japanese yen has been confined to a narrow trading range throughout August, caught between the Bank of Japan’s rate hike prospects and concerns over Japan’s fiscal deficit. Now, with growing external disruptions — including shifts in U.S. monetary policy — hedge funds are increasingTradingKey
Mon, Sep 1
