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August 3, 2026 8:54 AM GMT

Euro strengthens against Canadian Dollar despite mixed German data

EUR/CAD edges lower after opening with a bullish gap, remaining in the positive territory and trading around 1.6180 during the European hours on Monday. The currency cross is holding its ground as the Euro (EUR) remains…

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August 3, 2026 8:40 AM GMT

Swiss Franc: inflation undershoots SNB outlook – Nomura

Nomura strategists note that Swiss Consumer Price Index (CPI) slowed to 0.4% year-on-year in July, helped by weaker car fuel prices and easing imported energy costs. They expect Swiss inflation in Q3 to average 0.5% yea…

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August 3, 2026 8:33 AM GMT

Euro remains near seven-week highs after downwardly revised Eurozone Manufacturing PMI

The Euro (EUR) posts moderate losses against the US Dollar (USD) on Monday, trading at 1.1525 at the time of writing, but standing close to the seven-week highs, at 1.1556 hit earlier on the day. Final Eurozone Purchasi…

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August 3, 2026 7:00 AM GMT

Japan stocks lower at close of trade; Nikkei 225 down 1.02%

Quick note: Subscribe to the forthcoming Fortune Gulf Brief. Every Tuesday, this new newsletter will deliver clear-eyed, authoritative intelligence on the deals, decisions, policies, and power shifts shaping one of the …

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August 3, 2026 6:10 AM GMT

GBP/USD Price Forecast: At make or a break around 1.3500

The British Pound (GBP) underperforms its major currency peers, trading 0.1% lower at around 1.3470 against the US Dollar (USD) during the early European trading session on Monday. The GBP/USD declines as traders recons…

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August 3, 2026 6:10 AM GMT

Euro: Rebound eyes key resistance band against US Dollar – UOB

United Overseas Bank’s (UOB) Quek Ser Leang observes EUR/USD rebounded sharply after a dip to 1.1453, with scope to extend gains toward 1.1565 intraday, provided it holds above 1.1495. On a 1–3 week view, he sees potent…

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August 3, 2026 6:02 AM GMT

Germany’s Retail Sales falls by 1.1% MoM in June vs. -0.5% expected

German Retail Sales, a key measure of consumer spending, showed a downside in June. The consumer spending measure fell 1.1% month-on-month (MoM), according to official data released by Destatis, while it was expected to…

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August 3, 2026 5:48 AM GMT

Indonesian Rupiah holds gains as manufacturing PMI expands in July

USD/IDR remains subdued for the fourth successive day, trading around 18,040 during the Asian hours on Monday. The pair experiences notable downside pressure as the Indonesian Rupiah (IDR) strengthens in response to enc…

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August 3, 2026 5:34 AM GMT

Japanese Yen jumps as US-Japan confirm joint intervention, hint further action

The USD/JPY pair tumbles to near 156.45 during the early European trading hours on Monday. The Japanese Yen (JPY) climbs amid speculation that Japanese authorities may have intervened to prop up the currency again after…

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August 3, 2026 5:28 AM GMT

Indian Rupee starts the week with a bang on US-Iran peace 2.0

The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR extends its losing streak for the third trading day, is down 0.25% to near 95.15, the lowest level seen in over thr…

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August 3, 2026 5:17 AM GMT

Asian stocks trade mixed as AI-led selloff and Yen rally counter Iran optimism

Asian shares were mixed at the start of a new week as losses in South Korea's KOSPI and Japan's Nikkei 225 counter improving risk sentiment due to easing Middle East tensions. In fact, US President Donald Trump called o…

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August 3, 2026 5:11 AM GMT

EUR/JPY Price Forecast: Breaks below 179.50 as bearish bias prevails

EUR/JPY extends its gains for the third successive day, trading around 179.40 during the Asian hours on Monday. The currency cross is extending a bearish near-term tone as price holds beneath both the nine-period and 50…

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August 3, 2026 4:40 AM GMT

Gold bulls seem hesitant amid rebounding USD; receding Fed hike bets limit the downside

Gold (XAU/USD) extends its sideways consolidative price move through the first half of the European session and trades above the $4,050 level following a modest bullish gap on Monday. A goodish US Dollar (USD) recovery …

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August 3, 2026 3:05 AM GMT

United States Dollar Index weakens below 100.00 as Trump says new Iran talks would begin Monday

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 99.70 in the Asian trading hours on Monday. The DXY declines amid improved…

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August 3, 2026 2:43 AM GMT

Canadian Dollar drifts lower as falling oil prices counter weak USD amid Iran hopes

The USD/CAD pair kicks off the new week on a positive note, though it lacks bullish conviction and remains confined within Friday's broader range. Spot prices currently trade around the 1.4030 region, up less than 0.10%…

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August 3, 2026 2:21 AM GMT

Australian Dollar remains stronger following China’s RatingDog Manufacturing PMI data

AUD/USD depreciates after opening at a bullish gap, remaining in the positive territory and trading around 0.7030 during the Asian hours on Monday. The currency pair maintains its gains as the Australian Dollar (AUD) re…

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August 3, 2026 2:07 AM GMT

New Zealand holds gains near 0.5900 despite weaker China PMI data

The NZD/USD pair holds positive ground near 0.5890 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains firm despite the downbeat Chinese economic data. Traders will closely monitor the develop…

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August 3, 2026 2:00 AM GMT

Australian Dollar languishes near April low as joint US-Japan intervention lifts Yen

The AUD/JPY cross turns lower for the fifth straight day after a modest uptick to the 111.20 region on Monday and drops to its lowest level since early April during the Asian session. Spot prices currently trade around …

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August 3, 2026 1:53 AM GMT

British Pound struggles despite easing risk aversion

GBP/USD holds losses after three days of gains, trading around 1.3470 during the Asian hours on Monday. The currency pair may regain its footing as the US Dollar (USD) struggles under easing risk aversion, driven by hop…

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August 3, 2026 1:46 AM GMT

China’s RatingDog Manufacturing PMI declines to 50.9 in July

China's RatingDog Manufacturing Purchasing Managers' Index (PMI) eased to 50.9 in July from 51.7 in June the latest data published by RatingDog showed on Monday. The market forecast was for a 51.5 reading.

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August 3, 2026 1:03 AM GMT

BYD sales climb nearly 22% in July on strong overseas demand

Chicago, IL – July 15, 2026 – Today, Zacks Equity Research BYD Co Ltd BYDDY, NIO Inc. NIO and Yamaha Motor Co., Ltd. YMHAY

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August 3, 2026 1:02 AM GMT

Gold recovers above $4,050 as Trump pauses Iran strikes

Gold price (XAU/USD) attracts some buyers to around $4,060 during the early Asian session on Monday. The precious metal edges higher amid hopes of a breakthrough between the United States (US) and Iran after reports tha…

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August 3, 2026 12:55 AM GMT

Breaking: Japanese Yen rises above 155.50 as Japan announces joint intervention with the US.

The USD/JPY pair tumbles to near 155.45, the lowest since May 6, during the early Asian trading hours on Monday. The Japanese Yen (JPY) attracts some buyers following reports of more joint intervention by the United Sta…

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August 3, 2026 12:45 AM GMT

Japan’s Mimura: Joint intervention could mark peak of US-Japan currency partnership

Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said that joint intervention could mark the peak of US-Japan currency partnership, Reuters reported on Monday. M…

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