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Indian Rupee (INR) trades on a flat note on Monday despite the rebound of Greenback.

FxstreetJun 10, 2024

USD/INR holds steady amid mixed sentiment

Gold price (XAU/USD) kicks off the new week on a subdued note and consolidates near its lowest level in over a month, below the $2,300 mark touched in the aftermath of blowout US monthly jobs data.

FxstreetJun 10, 2024

Gold price consolidates below $2,300 mark, seems vulnerable to weaken further

The Australian Dollar (AUD) remains soft on Monday following the decline in the previous session.

FxstreetJun 10, 2024

Australian Dollar stays calm, while US Dollar advances on expected delay over Fed cuts

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FxstreetJun 10, 2024
French President Macron calls for snap elections after defeat to far-right in EU vote
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FxstreetJun 10, 2024
WTI rebounds to near $75.50 due to expectations of Fed rate cuts
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FxstreetJun 10, 2024
GBP/USD remains on the defensive below 1.2750 amid firmer US Dollar
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FxstreetJun 10, 2024
EUR/USD struggles near three-week low, seems vulnerable below 100-day SMA/1.0800
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FxstreetJun 10, 2024
China’s PBOC halts gold purchases in May after 18 months of buying
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FxstreetJun 10, 2024
Gold Price Forecast: XAU/USD holds below $2,300 as China stops buying gold, US Dollar rebounds
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Economic Indicator

French President Macron calls for snap elections after defeat to far-right in EU vote

Following the European Union (EU) elections, French President Emmanuel Macron announced on Sunday snap elections in an unprecedented move.
iconEUR/USD
Fxstreet
Jun 10, 2024
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Commodities

WTI rebounds to near $75.50 due to expectations of Fed rate cuts

West Texas Intermediate (WTI) Oil price recovers the previous session's losses, trading around $75.30 per barrel during Monday's Asian trading hours.
iconWTI
Fxstreet
Jun 10, 2024
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Forex

GBP/USD remains on the defensive below 1.2750 amid firmer US Dollar

The GBP/USD pair recovers some lost ground around 1.2725 during the early Asian trading hours on Monday.
iconGBP/USD
Fxstreet
Jun 10, 2024
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Forex

EUR/USD struggles near three-week low, seems vulnerable below 100-day SMA/1.0800

The EUR/USD pair remains under some selling pressure for the second straight day and drops to over a three-week low during the Asian session on Monday.
iconEUR/USD
Fxstreet
Jun 10, 2024
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Commodities

China’s PBOC halts gold purchases in May after 18 months of buying

The People's Bank of China (PBOC) paused gold purchases to its reserves in May, ending a massive buying spree that ran for 18 months, according to Bloomberg.
iconGold
Fxstreet
Jun 10, 2024
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Commodities

Gold Price Forecast: XAU/USD holds below $2,300 as China stops buying gold, US Dollar rebounds

Gold price (XAU/USD) trims losses near $2,295 despite the stronger US Dollar (USD) on Monday during the early Asian session.
iconGold
Fxstreet
Jun 10, 2024
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Economic Indicator

Japan Gross Domestic Product Deflator (YoY) below forecasts (3.7%) in 1Q: Actual (3.4%)

Japan Gross Domestic Product Deflator (YoY) below forecasts (3.7%) in 1Q: Actual (3.4%)
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Gross Domestic Product Annualized came in at -1.8%, above forecasts (-1.9%) in 1Q

Japan Gross Domestic Product Annualized came in at -1.8%, above forecasts (-1.9%) in 1Q
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Q1 GDP contracts 0.5% QoQ versus -0.5% expected

Japanese Gross Domestic Product (GDP) for the first quarter (Q1) contracted 0.5% QoQ versus -0.5% expected and -0.5% prior, the Cabinet Office showed on Monday.
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Trade Balance - BOP Basis dipped from previous ¥491B to ¥-661.5B in April

Japan Trade Balance - BOP Basis dipped from previous ¥491B to ¥-661.5B in April
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Gross Domestic Product (QoQ) in line with expectations (-0.5%) in 1Q

Japan Gross Domestic Product (QoQ) in line with expectations (-0.5%) in 1Q
iconUSD/JPY
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Current Account n.s.a. came in at ¥2050.5B, above forecasts (¥1737.6B) in April

Japan Current Account n.s.a. came in at ¥2050.5B, above forecasts (¥1737.6B) in April
Fxstreet
Jun 9, 2024
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Economic Indicator

Japan Bank Lending (YoY) registered at 3%, below expectations (3.1%) in May

Japan Bank Lending (YoY) registered at 3%, below expectations (3.1%) in May
Fxstreet
Jun 9, 2024
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Economic Indicator

ECB's Holzmann: Further rate cuts by the bank could slam Euro and spike inflation

The European Central Bank (ECB) policymaker Robert Holzmann said on Saturday that it is too early to tell whether the ECB has initiated a shift towards lower borrowing costs after it cut its benchmark interest rate at its June meeting last week, per Reuters.
Fxstreet
Jun 9, 2024
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Forex

AUD/USD remains under pressure below 0.6600 on renewed US Dollar demand

The AUD/USD pair remains under some selling pressure around 0.6580 during the early Asian session on Monday.
iconAUD/USD
Fxstreet
Jun 9, 2024
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Forex

NZD/JPY Price Analysis: Cross dips towards 20-day SMA, sellers strengthen

On Friday, the NZD/JPY pair faced selling pressure, with the cross declining towards the 20-day Simple Moving Average (SMA) at 95.70.
iconNZD/JPY
Fxstreet
Jun 7, 2024
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Forex

AUD/JPY Price Analysis: Consolidation phase continues, bearish pressure observed

During the last trading sessions of this week, the AUD/JPY pair is maneuvering around the 103.00 level.
iconAUD/JPY
Fxstreet
Jun 7, 2024
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