Trading news

The New Zealand Dollar (NZD) has not performed well in 2025. It is the third worse performing G10 currency in the year to date after the CAD and the USD and the second worst performer after the JPY in the half year to date, Rabobank's FX analyst Jane Foley reports.

The British Pound (GBP) is extending its winning streak against the Japanese Yen (JPY) for the fourth consecutive day on Monday, with the cross trading near its strongest level in more than a year.

US Dollar (USD) is likely to trade in a range of 7.1160/7.1330. In the longer run, room for USD to drop below 7.1100; any decline is likely to be slow, and 7.1000 may not come into view so soon, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

US Dollar (USD) is likely to trade in a range of 147.20/148.15. In the longer run, a narrower range of 146.20/148.50 is likely enough to contain the price movements for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

USD/CNH is consolidating near cyclical lows as China’s August activity data disappointed, with retail sales, industrial production, and investment all losing momentum.

The current price movements are likely part of a consolidation phase between 0.5935 and 0.5965. In the longer run, New Zealand Dollar (NZD) could break above 0.5990; the scope for further advance may be limited, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

EUR/USD is range-bound above 1.1700, BBH FX analysts report.

Australian Dollar (AUD) is expected to consolidate in a range between 0.6625 and 0.6665. In the longer run, the price action continues to suggest a higher AUD; the next level to watch is 0.6700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

United States NY Empire State Manufacturing Index below expectations (5) in September: Actual (-8.7)

Canada Wholesale Sales (MoM) came in at 1.2% below forecasts (1.3%) in July

The Canadian Dollar (CAD) is up marginally against the US Dollar (USD) but underperforming most of the G10 currencies in generally quiet trade, its modest strength hinting to a renewed recovery echoing similar attempts observed in early and mid/late August, Scotiabank's Chief FX Strategists Shaun Os

Pound Sterling (GBP) is likely to trade sideways. Slight increase in upward momentum is not sufficient to indicate a sustained rise, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

The Euro (EUR) is a mid-performer among the G10, building on last week’s gains (against US Dollar (USD)) catalyzed by the decidedly neutral ECB meeting, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Gold (XAU/USD) kicks off the week on a cautious footing, extending late last week’s sideways momentum after peaking at an all-time high near $3,675 on Tuesday.

The NZD/USD pair edges higher to near 0.5960 during the late European trading session on Monday. The Kiwi pair gains marginally as the US Dollar (USD) faces selling pressure amid firm expectations that the Federal Reserve (Fed) will cut interest rates in the monetary policy meeting on Wednesday.

The Euro gave away gains from the previous two trading days on Monday, extending its reversal from Friday’s high above 0.8660 to a fresh two-week low at 0.8632, weighed by Fitch’s downgrade of France’s sovereign ratings.The ratings agency announced over the weekend its decision to cut the ranking of

The US Dollar (USD) is entering the week with a defensive posture and trading with broad weakness against all of the G10 currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

European Central Bank (ECB) board member Isabel Schnabel said on Tuesday that interest rates in the Eurozone are in a good place and added that upside risks to inflation continue to dominate.

After a nine-month pause, the US Federal Reserve is expected to resume its cycle of interest rate cuts this week. The big question is how far will it go?

The USD/JPY pair falls sharply to near 147.30 during the European trading session on Monday. The pair faces selling pressure as the US Dollar (USD) underperforms its peers amid firm expectations that the Federal Reserve (Fed) will start the monetary-easing campaign on Wednesday.