Trading news

AUD/JPY halts its four-day losing streak, trading near 94.20 during early European hours on Monday.

Here is what you need to know on Monday, March 24: After outperforming its rivals for three consecutive days, the US Dollar (USD) struggles to find demand at the beginning of the week.

The GBP/USD pair attracts some buyers to around 1.2940 during the early European session on Monday, bolstered by the softer Greenback.

Bank of Japan (BoJ) Governor Kazuo Ueda said on Monday that the central bank “will not rule out the possibility of selling the BoJ’s government bond holdings.” Earlier in the day, Ueda said that the central bank “will adjust the degree of monetary easing if the 2% inflation target is likely to be achieved.” Japanese Yen FAQs What key factors drive the Japanese Yen? The Japanese Yen (JPY) is one of the world’s most traded currencies.

The EUR/GBP cross gains traction to near 0.8380 during the early European session on Monday.

USD/CHF extends its winning streak for the fourth consecutive session, trading near 0.8840 during Asian hours on Monday.

FX option expiries for Mar 24 NY cut at 10:00 Eastern Time via DTCC can be found below.

Gold price (XAU/USD) struggles to capitalize on Friday's modest bounce from levels just below the $3,000 psychological mark and kicks off the new week on a weaker note.

Singapore Consumer Price Index (YoY) registered at 0.9, below expectations (0.95) in February

India HSBC Manufacturing PMI rose from previous 56.3 to 57.6 in March

India HSBC Services PMI down to 57.7 in March from previous 59

India HSBC Composite PMI declined to 58.6 in March from previous 58.8

The EUR/USD pair edges higher to around 1.0815, snapping the three-day losing streak during the early Asian session on Monday.

EUR/JPY continues its upward momentum for a second consecutive session, trading near 162.00 during Asian hours on Monday.

Gold prices fell in India on Monday, according to data compiled by FXStreet.

Silver price (XAG/USD) edges higher on Monday, trading around $33.10 per troy ounce during Asian hours after three consecutive sessions of losses.

The USD/CAD pair kicks off the new week on a softer note amid the emergence of some selling around the US Dollar (USD), though it lacks bearish conviction and has now reversed an Asian session dip to the 1.4325 region.

The Indian Rupee (INR) trades stronger on Monday after closing its strongest in over two months.

West Texas Intermediate (WTI) Oil price continues to decline for the second consecutive session, trading around $68.00 per barrel during Asian hours on Monday.

The Japanese Yen (JPY) continues to lose ground against its American counterpart for the third consecutive day on Monday and weakens further in reaction to the weaker flash March Purchasing Managers' Index (PMI).