India FX Reserves, USD rose from previous $694.23B to $698.27B in September 1

Strong rebound in Euro (EUR) has scope to test 1.1760; the major resistance at 1.1790 is not expected to come under threat. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

FX option expiries for Sept 12 NY cut at 10:00 Eastern Time via DTCC can be found below.

EUR/USD advances during the North American session after the European Central Bank decided to hold rates unchanged, while the Greenback weakened after the Consumer Price Index (CPI) report was aligned with estimates. At the time of writing, the pair trades at 1.1733 up by 0.34%.

Ripple (XRP) edges closer to a breakout, trading around the critical $3.00 level on Thursday.

FX option expiries for Sept 11 NY cut at 10:00 Eastern Time via DTCC can be found below.

The USD/JPY remains consolidated on Wednesday as buyers and sellers remain unable to move the markets past the 147.00-147.65 range for the last couple of days. At the time of writing, the major sits at 147.36 down a minimal 0.07%.

Ripple (XRP) bulls are teasing a breakout above the critical $3.00 level on Wednesday, as Bitcoin (BTC) leads the crypto market in a mid-week recovery.

Bitcoin (BTC) trades higher, nearing a key resistance level at $112,800 at the time of writing on Wednesday. A decisive close above this level would signal a potential rally ahead.

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

The US Dollar (USD) managed to leave behind a drop to multi-week lows and regain some upside traction on Tuesday, while market participants assessed the NFP Annual Revision amid speculation of a larger rate cut by the Federal Reserve at its meeting next week.

Slight increase in momentum could lead to Euro (EUR) edging higher, but it is unlikely to be able to break clearly above 1.1790. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

FX option expiries for Sept 9 NY cut at 10:00 Eastern Time via DTCC can be found below.

Euro (EUR) is likely to consolidate between 1.1680 and 1.1740. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

FX option expiries for Sept 8 NY cut at 10:00 Eastern Time via DTCC can be found below.

The USD/CHF extended its losses on Friday, tumbling below the 50-day Simple Moving Average (SMA) at 0.8020. The release of a worse than expected US Nonfarm Payrolls report, cemented the case for a Fed rate cut at the September meeting. At the time of writing, the pair trades at 0.7980, down 0.94%.

India FX Reserves, USD: $694.23B (August 25) vs $690.72B

Bitcoin (BTC) price extends rebound and trades near $112,000 at the time of writing on Friday, gaining nearly 4% so far this week, after declining 4.62% in the previous one. This recovery comes amid growing corporate and institutional support.

The USD/CHF remains steady at around the 50-day Simple Moving Average (SMA) of 0.8051, consolidates at around the 0.8050-0.8100 figure for the fourth straight day. At the time of writing, the pair trades at 0.8056 up 0.01%.

Litecoin (LTC) price trades within a falling wedge pattern around $112.5 at the time of writing on Thursday, with a breakout likely to trigger a rally ahead.

Silver Price advances for the second consecutive day after clearing the $40.00 barrier on Tuesday, rises over 2.80% on Wednesday, trading at $41.18, after reaching a 14-year high of $41.46.

Oversold decline in Euro (EUR) could drop below 1.1600; the major support at 1.1570 is likely out of reach.

FX option expiries for Sept 3 NY cut at 10:00 Eastern Time via DTCC can be found below.

Bitcoin (BTC) price is extending its recovery, trading above $110,000 at the time of writing on Tuesday after facing a pullback of nearly 5% last week. On-chain data indicate a rare shift, with long liquidations surpassing shorts by approximately $7 million.

FX option expiries for Sept 1 NY cut at 10:00 Eastern Time via DTCC can be found below.

India FX Reserves, USD down to $690.72B in August 18 from previous $695.11B

South Africa Private Sector Credit up to 5.84% in July from previous 4.98%

Euro (EUR) could rebound further, but it is unlikely to break clearly above 1.1675. In the longer run, EUR is now expected to trade in a range of 1.1580/1.1720, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Ripple (XRP) offers short-term recovery signals on Wednesday after reclaiming support at $3.00.

Australian Dollar (AUD) is likely to trade in a range of 0.6480/0.6510. In the longer run, slight increase in upward momentum is likely to lead to a higher range of 0.6440/0.6540 rather than a sustained advance, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.