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    AUD/USD struggles for a firm intraday direction, flat lines above 0.6500 mark

    The AUD/USD pair lacks any firm intraday direction on the first day of a new week and seesaws between tepid gains/minor losses through the first half of the European session.

    Source  Fxstreet1709542402
    EUR/GBP Price Analysis: Falls to near 0.8550 amid uncertainty over timing of ECB, BoE rate cuts

    The EUR/GBP pair drops slightly to 0.8550 in the European session on Monday as investors remain uncertain when the European Central Bank (ECB) and the Bank of England (BoE) will begin cutting interest rates.

    Source  Fxstreet1709541870
    USD/JPY stretches higher to near 150.30 on BoJ uncertainty about policy tightening

    USD/JPY extends its gains for the second successive session, trading higher around 150.30 during the European session on Monday.

    Source  Fxstreet1709540760
    EUR/CHF: Bearish reversal not seen on the horizon – ING

    EUR/CHF is just below 0.9600 after the release of Swiss inflation data.

    Source  Fxstreet1709540160
    Pound Sterling rises against US Dollar as focus shifts to Fed Powell’s testimony

    The Pound Sterling (GBP) clings to gains, trading around 1.2670 on Monday’s European session as investors price in that the Bank of England (BoE) won’t lower interest rates anytime soon.

    Source  Fxstreet1709539791

    Brazil Fipe's IPC Inflation remains unchanged at 0.46% in February

    Source  Fxstreet1709539232
    EUR/USD to trend lower over the course of the year – Danske Bank

    Economists at Danske Bank expect the EUR/USD pair to move downward throughout the rest of the year.

    Source  Fxstreet1709539028
    USD/MXN continues to lose ground on subdued US Dollar, inches lower to near 17.00

    USD/MXN extends its losses for the third successive session on Monday, edging lower to near 17.00 during the early European session.

    Source  Fxstreet1709537903
    EUR/JPY holds above the 163.00 mark, investors await Japanese CPI data

    The EUR/JPY cross holds above the 163.00 mark during the early European session on Monday.

    Source  Fxstreet1709536240
    Forex Today: Slow start to critical week for currencies

    Here is what you need to know on Monday, March 4: Major currency pairs fluctuate near the previous week's closing levels early Monday as investors gear up for key macroeconomic events and data releases.

    Source  Fxstreet1709535269
    USD/CHF struggles to gain ground below the mid-0.8800s, eyes on Swiss CPI data

    The USD/CHF pair struggles to gain ground near 0.8830 after retreating from nearly the 0.8900 mark during the early European trading hours on Monday.

    Source  Fxstreet1709531934
    NZD/USD edges lower to near 0.6100, awaits US ISM Services PMI data

    NZD/USD retraces recent gains, lowering down to near 0.6100 during the Asian session on Monday.

    Source  Fxstreet1709529317
    EUR/USD Price Analysis: Holds positive ground below the mid-1.0800s, a further upside looks favorable

    The EUR/USD pair trades in positive territory below the mid-1.0800s during the early European session on Monday.

    Source  Fxstreet1709527798
    USD/CAD improves to near 1.3560 despite higher Crude oil prices, BoC policy decision eyed

    USD/CAD retraces recent losses, reaching higher to near 1.3560 during the Asian session on Monday.

    Source  Fxstreet1709521647
    GBP/USD sticks to modest intraday gains above mid-1.2600s amid softer USD

    The GBP/USD pair builds on Friday's goodish rebound from the 1.2600 round figure, or a one-and-half-week trough and gains some positive traction for the second successive day on Monday.

    Source  Fxstreet1709520468
    USD/INR flat-lines ahead of Indian Services PMI

    Indian Rupee (INR) trades on a flat note on Monday. The upside of INR is bolstered by data showing India’s GDP growth in the October-December quarter considerably above forecasts.

    Source  Fxstreet1709520404
    Japanese Yen consolidates around 150.00 against USD, bearish bias remains

    The Japanese Yen (JPY) kicks off the new week on a softer note and remains depressed below the 150.00 psychological mark against its American counterpart during the Asian session.

    Source  Fxstreet1709518307
    Australian Dollar trims daily gains on lower ASX 200, stable US Dollar

    The Australian Dollar (AUD) trims its intraday gains and moves in the negative direction on Monday, influenced by a stable US Dollar amid improved US Treasury yields.

    Source  Fxstreet1709518122
    PBoC sets USD/CNY reference rate at 7.1020 vs. 7.1059 previous

    On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1020 as compared to the Friday's fix of 7.1059 and 7.1906 Reuters estimates.

    Source  Fxstreet1709515029
    EUR/USD gathers strength around the mid-1.0800s on a softer US Dollar

    The EUR/USD pair kicks off the new week on a positive note during the early Asian trading hours on Monday.

    Source  Fxstreet1709513728

    South Korea Industrial Output Growth registered at -1.3%, below expectations (1%) in January

    Source  Fxstreet1709506836
    AUD/USD loses ground above 0.6500 ahead of Australian Building Permits data

    The AUD/USD pair trades on a weaker note below the mid-0.6500s during the early Asian session on Monday.

    Source  Fxstreet1709506802

    South Korea Industrial Output (YoY) registered at 12.9% above expectations (9.3%) in January

    Source  Fxstreet1709506801
    USD/JPY Price Analysis: Rebounds to 150.00 amid dovish BoJ remarks

    The USD/JPY stages a recovery after diving to a two-week low of 149.21, climbing above the 150.00 figure on Friday amidst dovish comments by the Bank of Japan (BoJ) Governor Kazuo Ueda during the Asian session.

    Source  Fxstreet1709324547
    EUR/USD rebounds into range after US ISM PMI miss sparks risk-on Friday

    EUR/USD caught a bounce from 1.0800 after markets pivoted into a risk-on stance following Friday’s US ISM Manufacturing Purchasing Managers Index (PMI) declined, flubbing forecasts and stepping deeper into contraction territory.

    Source  Fxstreet1709320150
    Forecasting the Coming Week: ECB meets Non-farm Payrolls… and Powell

    The Greenback ended the week on a slight bearish note, as investors continued to price in a potential interest rate cut by the Fed in June, while unexpected weakness in key fundamentals also put the currency under pressure, allowing instead some breathing room in the risk-associated universe.

    Source  Fxstreet1709318092
    Mexican Peso advances against US Dollar amid mixed US economic indicators

    Mexican Peso begins Friday’s session with solid gains against the US Dollar after economic data from the United States (US) was mixed.

    Source  Fxstreet1709313374
    GBP/USD catches a bullish bounce after US ISM PMI miss sparks risk appetite

    GBP/USD caught an intraday bump on Friday after a surprise miss in the US ISM Manufacturing Purchasing Managers Index (PMI) sparked renewed risk appetite on the back of fresh hopes for easing inflation to kick off a round of rate cuts from the Federal Reserve (Fed).

    Source  Fxstreet1709313296
    USD/CAD rebalances, backslides from 1.3600 after US ISM PMI misses forecasts

    USD/CAD fumbled the 1.3600 handle on Friday after a worse-than-expected US ISM Manufacturing Purchasing Managers Index (PMI) for February unexpectedly declined.

    Source  Fxstreet1709312513
    GBP/USD: Continued investor interest in the carry trade should keep Pound Sterling reasonably well bid – ING

    Expectations on the March 6 UK Budget may slowly start to feed into the Pound Sterling (GBP) price action.

    Source  Fxstreet1709307420