Trading news

USD/JPY appreciates after registering around 1% losses in the previous session, trading around 147.40 during the Asian hours on Monday.

The GBP/USD pair faces some selling pressure around 1.3495 during the Asian session on Monday. The major pair edges lower amid the renewed US Dollar (USD) demand. However, dovish remarks from the Federal Reserve (Fed) Chair Jerome Powell might cap the GBP/USD’s downside.

EUR/USD depreciates after registering around 1% gains in the previous session, trading around 1.1700 during the Asian hours on Monday.

On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1161 as compared to the previous day's fix of 7.1321 and 7.1551 Reuters estimate.

The European Central Bank (ECB) Governing Council member Joachim Nagel spoke in Jackson Hole, Wyoming, where he’s attending the Federal Reserve’s annual symposium.

The European Central Bank (ECB) Governing Council member Martins Kazaks said that the ECB has entered a new monetary-policy phase where officials can focus on monitoring the economy rather than actively intervening to change its course, Bloomberg reported on Sunday. 

The Gold price (XAU/USD) edges lower to around $3,365 during the early Asian session on Monday, pressured by a firmer US Dollar (USD).

The AUD/USD pair loses ground to near 0.6485 during the early Asian session on Monday.

European Central Bank (ECB) President Christine Lagarde spoke on Saturday at the US Federal Reserve's annual symposium in Jackson Hole, Wyoming.

Bank of Japan (BoJ) Governor Kazuo Ueda spoke at a panel held on Saturday during the Federal Reserve's annual conference in Jackson Hole, Wyoming. 

Bank of England (BoE) Governor Andrew Bailey said on Saturday that the United Kingdom faces an "acute challenge" over its weak underlying economic growth and reduced labour force participation since the COVID-19 pandemic, Reuters reported. 

St. Louis Federal Reserve President Alberto Musalem said on Friday he will need more data before deciding to support a rate cut at the September meeting, warning inflation remains above the Fed's 2% targe, per Reuters.

New Zealand Retail Sales ex Autos (QoQ) increased to 0.7% in 2Q from previous 0.4%

New Zealand’s Retail Sales, a measure of the country’s consumer spending, climbed 0.5% QoQ in the second quarter (Q2) of 2025 from the previous reading of 0.8%, according to the official data published by Statistics New Zealand on Monday. This figure came in above the market consensus of 0.2%.

New Zealand Retail Sales (QoQ) came in at 0.5%, above forecasts (0.2%) in 2Q

EUR/USD skyrockets during the North American session after Federal Reserve (Fed) Chairman Jerome Powell leaned dovish at his Jackson Hole speech, opening the door for a resumption of the easing cycle. The pair trades at 1.1718, up by 0.97%.

United States CFTC Gold NC Net Positions declined to $212.6K from previous $229.5K

United Kingdom CFTC GBP NC Net Positions up to £-25.2K from previous £-39.1K

Eurozone CFTC EUR NC Net Positions up to €118.7K from previous €115.4K

Japan CFTC JPY NC Net Positions rose from previous ¥74.2K to ¥77.6K