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Price action continues to suggest further US Dollar (USD) weakness, even though it is too early to determine if the long-term support near 7.0980 is within reach, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

FxstreetMon, Aug 5

USD/CNH: Set to slide and test 7.0980 – UOB Group

USD/CHF continues its losing streak that began on July 30, trading around 0.8500 during the European session on Monday.

FxstreetMon, Aug 5

USD/CHF falls to near 0.8500 due to safe-haven flows, ISM Services PMI awaited

US stock futures tumbled Monday as the global stock selloff deepened, driven by fears that the Federal Reserve is moving too late to support a slowing economy.Nasdaq 100 futures fell sharply by 3.3% a

Investing.comMon, Aug 5

Analysts weigh in on market selloff

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FxstreetMon, Aug 5

Silver price today: Silver falls, according to FXStreet data

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FxstreetMon, Aug 5

USD/JPY: Bears push towards 140.80 – UOB Group

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FxstreetMon, Aug 5

Eurozone Producer Price Index (YoY) registered at -3.2% above expectations (-3.3%) in June

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FxstreetMon, Aug 5

Eurozone Producer Price Index (MoM) registered at 0.5% above expectations (0.3%) in June

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FxstreetMon, Aug 5

NZD/USD: Bears push towards the 0.5915 support – UOB Group

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FxstreetMon, Aug 5

Japan’s Hayashi: Important for the government to make judgment on market with calmly

Commodities

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Monday, according to FXStreet data.

Fxstreet

Mon, Aug 5

Forex

USD/JPY: Bears push towards 140.80 – UOB Group

The US Dollar (USD) likely to continue to weaken. The next significant support level is some distance away at 140.80, but it remains to be seen if this level will come into view, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

Fxstreet

Mon, Aug 5

Forex

Eurozone Producer Price Index (YoY) registered at -3.2% above expectations (-3.3%) in June

Eurozone Producer Price Index (YoY) registered at -3.2% above expectations (-3.3%) in June

Fxstreet

Mon, Aug 5

Forex

Eurozone Producer Price Index (MoM) registered at 0.5% above expectations (0.3%) in June

Eurozone Producer Price Index (MoM) registered at 0.5% above expectations (0.3%) in June

Fxstreet

Mon, Aug 5

Forex

NZD/USD: Bears push towards the 0.5915 support – UOB Group

The New Zealand Dollar (NZD) is expected to trade in a range between 0.5915 and 0.5965.

Fxstreet

Mon, Aug 5

Economic Indicator

Japan’s Hayashi: Important for the government to make judgment on market with calmly

Following a 12% daily decline for the Japanese benchmark index, the Nikkei 225, on Monday, the country’s Chief Cabinet Secretary Yoshimasa Hayashi is back on the wires, saying that it is “important for the government (govt) to make a judgment on the market with calmly.” Additional quotes Won't comment on daily share moves.

Fxstreet

Mon, Aug 5

Forex

AUD/USD: Bears move towards the 0.6425 support – UOB Group

The Australian Dollar (AUD) could continue to weaken; it is unclear if it has enough momentum to break the significant support at 0.6425, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann note.

Fxstreet

Mon, Aug 5

Stocks

CrowdStrike denies blame for Delta Air Lines outage - CNBC

Investing.com -- Cybersecurity firm CrowdStrike (NASDAQ:CRWD) has rejectedDelta Air Lines' (NYSE:DAL) claims that it was responsible for the massive outage that caused thousands of flight cancellation

Investing.com

Mon, Aug 5

Forex

GBP/USD: Bulls push to test the 1.2840 resistance – UOB Group

Instead of continuing to rise, the Pound Sterling (GBP) is more likely to trade in a range between 1.2740 and 1.2840.

Fxstreet

Mon, Aug 5

Commodities

Gold price steadies on firm Fed rate-cut bets, Middle East conflicts

Gold price (XAU/USD) recovers above $2,440 after declining to near $2,410 in Monday’s European session.

Fxstreet

Mon, Aug 5

Forex

EUR/USD: Bulls push to test 1.1000 – UOB Group

Chance for Euro (EUR) to advance further. It could trigger a rapid rise towards 1.1000, UOB Group FX analysts Quek Ser Leang and Lee Sue Ann EUR breaks above 1.0950 and moves towards 1.1000 24-HOUR VIEW: “Last Friday, we held the view that ‘there is room for EUR to test the major support at 1.0760 before a recovery can be expected.’ However, after dipping to a low of 1.0781, EUR lifted off in NY trade, blowing past several strong resistance levels with ease before closing higher by 1.08% (1.0908).

Fxstreet

Mon, Aug 5

Stocks

Investors eye Fed’s next move as Wall Street’s fear gauge jumps 50%

Global stock markets suffered a significant blow on Monday amid rising fears of a U.S. recession, prompting debates among investors and analysts about whether the Federal Reserve will need to accelera

Investing.com

Mon, Aug 5

Forex

Eurozone Sentix Investor Confidence Index declines to -13.9 in August vs. -7.3 previous

The Eurozone Sentix Investor Confidence Index fell further from -7.3 in July to -13.9 in August, according to the latest survey published on Monday.

Fxstreet

Mon, Aug 5

Forex

Eurozone Sentix Investor Confidence declined to -13.9 in August from previous -7.3

Eurozone Sentix Investor Confidence declined to -13.9 in August from previous -7.3

Fxstreet

Mon, Aug 5

Economic Indicator

United Kingdom S&P Global/CIPS Services PMI came in at 52.5, above forecasts (52.4) in July

United Kingdom S&P Global/CIPS Services PMI came in at 52.5, above forecasts (52.4) in July

Fxstreet

Mon, Aug 5

Economic Indicator

United Kingdom S&P Global/CIPS Composite PMI above forecasts (52.7) in July: Actual (52.8)

United Kingdom S&P Global/CIPS Composite PMI above forecasts (52.7) in July: Actual (52.8)

Fxstreet

Mon, Aug 5

Other

Slumping US futures, Nikkei's hefty fall, Bitcoin weakness - what's moving markets

Investing.com -- Wall Street looks set to start the week with hefty losses on concerns that the U.S. economy is slowing down rapidly. Japan's Nikkei index entered bear market territory earlier in the

Investing.com

Mon, Aug 5

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