Trial now
JPY

Awaiting Clearer Cues

TURKEY

Local Bonds Take A Knock After the Eid Break

USDCAD TECHS

Pullback Considered Corrective

AUDUSD TECHS

Trend Indicators Point South

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

Market holidays in Australia, China, Hong Kong and Taiwan limited activity in the region, with NZD leading gains in G10 FX space, even as New Zealand's PSI fell from a record high. CAD also edged higher, as crude oil traded on a slightly firmer footing, but AUD and NOK struggled to pick up any momentum.

  • The DXY inched higher, as participants prepared for Thursday's announcement of the latest monetary policy decision from the FOMC. Despite firming a tad, the index rejected Friday's high.
  • USD/CNH rose past the CNH6.4000 mark, which capped gains last Friday, reaching its best levels since Jun 4.
  • Sterling looked through a number of press reports noting that PM Johnson will today announce a four-week delay of the lifting of Covid-19 restrictions in England.
  • The global data docket is very light today, with ECB's Schnabel & de Cos, BoE's Bailey & Riksbank's Floden set to deliver speeches.