The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, falls to near 98.30, the lowest since March 2022.
The GBP/JPY cross weakens to near 188.45 during the early European session on Monday. The ongoing uncertainty over US President Donald Trump's trade tariffs continues to weigh on investors' sentiment, which boosts safe-haven currencies like the Japanese Yen (JPY).
Citing three sources familiar with the matter, Reuters reported on Monday that the European Union (EU) is contemplating options to alter its methane emissions rules, making it easier for the United States (US) to comply with its gas exports.
The EUR/JPY cross trades in positive territory for the fourth consecutive day near 162.20 during the Asian trading hours on Monday. The Euro (EUR) strengthens against the Japanese Yen (JPY) amid encouraging signals of trade talks between the US and the European Union.
Gold price (XAU/USD) maintains its strong bid tone through the first half of the European session on Monday and currently trades near the all-time peak, just below the $3,400 mark.
The GBP/USD pair continues its winning streak that began on April 8, trading around 1.3370 during the Asian hours on Monday. Daily chart technical analysis points to a continued bullish trend, with the pair advancing within an ascending channel pattern.
The USD/CHF pair dropped to 0.8069 during Monday's Asian session, marking its lowest level since September 2011, and is trading around 0.8090. The US Dollar (USD) remains under pressure, weighed down by growing fears of economic fallout from the recently imposed US tariffs.
USD/CAD depreciates after registering gains in the previous session, trading around a six-month low at 1.3802 during the Asian hours on Monday. The pair faces headwinds due to the weaker US Dollar (USD), remaining under pressure due to mounting concerns over the US economic fallout from US tariffs.
West Texas Intermediate (WTI) US Crude Oil prices kick off the new week on a weaker note and for now, seems to have snapped a two-day winning streak to a near two-week high – levels just above the $64.00 mark touched on Friday.
EUR/USD rallies over 1% in Asian trading on Monday as the relentless selling interest in the US Dollar (USD) paves the way for the major to clear the 1.1500 threshold for the first time since November 2021.
The Indian Rupee (INR) edges higher on Monday. The renewed foreign inflows and the US Dollar (USD) weakness continue to support the local currency. Concerns over the economic impact of new tariffs on the US economy dragged the Greenback lower.
The Japanese Yen (JPY) continues with its relative outperformance against a broadly weaker US Dollar (USD) at the start of a new week and drags the USD/JPY pair to a fresh multi-month low, closer to mid-140.00s during the Asian session.
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.2055 as compared to Friday's fix of 7.2069.
NZD/USD continues its winning streak that began on April 9, trading near 0.5970 during Monday’s Asian session. The New Zealand Dollar (NZD) is buoyed by a weaker US Dollar (USD), which is under pressure due to mounting concerns over the US economic fallout from US tariffs.
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.10% and 3.60%, respectively.
The EUR/USD pair breaks out through a multi-day-old trading range and touches a fresh high since February 2022, around the 1.1485 area during the Asian session on Monday.
The Gold Price (XAU/USD) drifts higher to a fresh record high near $3,375 during the early Asian session on Monday after facing some profit-taking due to the long weekend.
The AUD/USD pair trades in positive territory around 0.6380 during the Asian session on Monday, bolstered by the weaker US Dollar (USD). Traders await the developments surrounding the United States and China trade discussions, while tensions between the two largest economies are intensifying.
Robert Kiyosaki predicts Bitcoin could hit $1M by 2035 amid a U.S. economic crash. Explore BTC’s 2025 rally, driven by ETF inflows and liquidity surges, with price forecasts and technical analysis. Will Bitcoin reach $150,000 this year?
MT5 overtakes MT4 . We begin this week’s roundup with a look at our latest report comparing MetaQuotes’ trading platforms , MT4 and MT5, where MT5 has now overtaken MT4 in trading volume.
A push by the Trump-era Justice Department to scale back crypto enforcement has done little to deter federal prosecutors from pursuing Braden Karony, the former CEO of SafeMoon, who faces fraud cha...
Cryptocurrency exchange Kraken has introduced FX perpetual futures for EUR/USD and GBP/USD, offering its users 24/7 access to major currency pairs for the first time.
Gold prices are set to end the week on a positive note, up by over 2.79% as the precious metal enjoyed a $90 US Dollar (USD) rally due to the latter weakness sponsored by uncertainty about global trade. At the time of writing, XAU/USD trades at $3,326.
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