The Pound Sterling (GBP) strives to gain ground near a three-week low of 1.3060 against the US Dollar (USD) in Tuesday's North American session.

LONDON : The dollar eased from near seven-week highs against major currencies on Tuesday after investors assessed the outlook for U.S. rate cuts, even as the conflict in the Middle East continues to support the currency's safe-haven appeal.The euro inched 0.1 per cent higher to $1.098575, not far from the

The USD/JPY recovers its intraday losses and returns to the day’s high of 148.20 in Tuesday’s North American session.

EUR/USD recovers slightly to near the psychological resistance of 1.1000 in Tuesday’s North American session.

Treasuries advanced, led by the short-end, as bets on interest-rate cuts stabilised after a hawkish repricing in recent days.

The Pound Sterling (GBP) could edge lower; any decline is likely limited to a test 1.3050.

The AUD/USD pair extends its losing streak for the fourth trading day on Tuesday.

The recent leg up in dollar index appears to show tentative signs of fatigue.

The USD/CAD pair recaptures a seven-week high near 1.3650 in Tuesday’s European session.

On Friday, the Gold price came under pressure following the publication of surprisingly robust US labour market data.

Oversold conditions suggest any decline in the New Zealand Dollar (NZD) is part of a lower trading range of 0.6105/0.6165.

The NZD/USD pair hits the monthly low near the round-level support of 0.6100 in Tuesday’s North American session.

Weakness in Australian Dollar (AUD) has not stabilised; any further decline is likely part of a lower trading range of 0.6735/0.6785.

The US Dollar (USD) could strengthen further, but it remains to be seen if it can maintain the rapid pace of advance.

The Euro (EUR) is likely to trade in a sideways range of 1.0950/1.1000.

The GBP/USD pair attracts some buyers during the Asian session on Tuesday and for now, seems to have snapped a five-day losing streak to a nearly four-week low, around the 1.3560 area touched the previous day.

The GBP/USD pair attracts some buyers during the Asian session on Tuesday and for now, seems to have snapped a five-day losing streak to a nearly four-week low, around the 1.3560 area touched the previous day.

Gold price (XAU/USD) remains depressed during the Asian session on Tuesday and is currently placed just above the lower boundary of a short-term range.

(Bloomberg) — Chile’s consumer prices rose less than forecast last month, providing the central bank with some good news as policymakers signal they will cut the interest rate again next week.

The USD/CAD pair extends the rally to near 1.3620 during the early Asian session on Tuesday.

EUR/USD churned on the low side of 1.1000 on Monday, failing to spark a meaningful pullback after dipping past the key physiological last week, but also not falling any further despite a slight miss in European Retail Sales figures.

GBP/USD sunk another one-quarter of one percent on Monday, easing into a fresh four-week low and closing below the 1.3100 handle for the first time since mid-September.

Financial market participants were reminded of the strength of the US economy last week. The September payrolls was shockingly strong. Over 250k jobs were added in the month, far exceeded forecasts of a 150k gain. The tally for the last two months was also revised higher by a combined 72k. The unemployment rate fell for the second straight month to 4.1%. And wage growth came above forecast at 4%yoy from 3.9%yoy. Taken alongside expectations of inflation lifting just 0.1% in September (data out this week), the US is truly shaping up to be a Goldilocks economy. Inflation is relatively benign and the labour market is robust. Markets and local commentators are re-thinking bets on the size of the Fed’s November rate cut. The data suggests removing another 50bp cut from the table and potentially replacing it with a pause. Indeed, traders are now pricing in less than a 25bp cut for the November meeting, a sharp pullback from the 33bps of cuts prior to the payrolls print. US treasury yields jumped in response, and the…

GBP/USD Price Forecast: Extends losses below 1.3100 on BoE’s dovish stance The Pound Sterling extends its losses against the Greenback in early trading during the North American session, down 0.26%.

The Mexican Peso begins the week on the back foot and falls some 0.50% against the Greenback amid a risk-on impulse that keeps the US Dollar trading near seven-week highs.

Since the last FOMC decision, equity indices remain near their highs, credit spreads at their tights, Gold prices near all-time-highs and yet long-end yields have risen alongside commodities markets, TDS macro analyst Daniel Ghali notes.

The Pound Sterling extends its losses against the Greenback in early trading during the North American session, down 0.26%.

Silver price (XAG/USD) extends its downside below $32.00 in Monday’s European session.

The NZD/USD pair extends its losing spree for the fifth trading session on Monday.

The AUD/USD pair retreats after a short-lived pullback move slightly above the crucial resistance of 0.6800 in Monday’s European session.

The AUD/USD pair recovers some lost ground to near 0.6805, snapping the two-day losing streak during the early Asian session on Monday.

Instead of continuing to decline, the Australian Dollar (AUD) is more likely to trade in a sideways range between 0.6785 and 0.6825.

The US Dollar (USD) was boosted again for the 5th back-to-back session and this time the trigger came from the blockbuster payrolls report.

The EUR/USD pair trades in negative territory for the seventh consecutive day around 1.0965 during the early European session on Monday.

The EUR/USD pair kicks off the new week on a subdued note and consolidates last week's heavy losses to its lowest level since mid-August touched in the aftermath of the upbeat US employment details on Friday.

EUR/USD struggles to gain ground near the key support of 1.0950 in Monday’s North American session.

Provided that 1.1015 is not breached, the weakness in EUR could extend to 1.0935 before stabilisation can be expected.

The Dollar Index (DXY) rebounded by 2.1% to 102.52 last week, its first weekly increase in five weeks, DBS’ FX analyst Philip Wee notes.

The GBP/USD pair posts modest gains to near 1.3130, snapping the three-day losing streak during the early Asian session on Monday.

The Pound Sterling (GBP) has underperformed over the past few sessions, losing ground to the USD and EUR since Wednesday, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Price action suggests further Pound Sterling (GBP) weakness; the next major support at 1.3000 may not come into view so soon, UOB Group FX analysts Quek Ser Leang and Peter Chia note.

Gold price (XAU/USD) trades in negative territory for the fourth consecutive day near $2,650 on Monday during the early Asian session.

Bullion traded near $2 660 an ounce, continuing to tread water below a recent record high.

Gold (XAU/USD) continues to bounce along a roughly week-long range between about $2,630 and $2,670 on Monday after the release of negative-for-Gold US employment data gets neutralized by persistent safe-haven demand.

The Mexican Peso (MXN) edges lower in its key pairs on Monday, however, downside remains limited by a mixture of a more benign outlook for its most significant trading partner, the United States (US)  – following better-than-expected US employment data – as well as recent robust domestic data from Mexico.

The NZD/USD pair remains on the defensive near 0.6165 during the early Asian session on Monday.

Price action continues to suggest further New Zealand Dollar (NZD) weakness, albeit likely at a slower pace.

GBP/USD registered large losses in the previous week despite holding its ground on Friday.

The Pound Sterling (GBP) closed the week deep in the red against the US Dollar (USD), as the GBP/USD extended the correction from 30-month highs to below 1.3100.

The Pound Sterling (GBP) weakens and slips below 1.3100 against the US Dollar (USD) in Monday’s North American session.