The Indian Rupee (INR) opens strongly against the US Dollar (USD) at the start of the week. The USD/INR pair plunges to near 94.60 as oil prices have nosedived, following the announcement that the United States (US) and Iran have reached a permanent peace deal.

AUD/USD gains around 0.5% after registering minor losses in the previous day, trading around 0.7080 during the Asian hours on Monday.

Gold prices rose in India on Monday, according to data compiled by FXStreet.

Japan Tertiary Industry Index (MoM): 1.3% (April) vs -0.2%

The AUD/JPY cross trades in positive territory around 113.35 during the early European session on Monday. The reports that the United States (US) had agreed to a peace deal with Iran provide some support to the riskier assets, such as the Australian Dollar (AUD) against the Japanese Yen (JPY).

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is losing ground and trading around 99.50 during the Asian hours on Monday.

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively.

Silver price (XAG/USD) is up 4% to near $70.80 in the Asian trading session on Monday.

NZD/USD gains ground after registering minor losses in the previous day, trading around 0.5850 during the Asian hours on Monday. The pair remains stronger as the New Zealand Dollar (NZD) holds ground following the release of domestic economic data.

The USD/JPY pair trades on a flat note near 160.20 during the Asian trading hours on Monday. The US Dollar (USD) softens against the Japanese Yen (JPY) after reports that the United States (US) had agreed to a peace deal with Iran.

The United Kingdom (UK), France, Germany ‌and Italy said that the countries were prepared to lift sanctions on Iran in response to steps on its nuclear program after the United States (US) and Iran reached a deal to end their conflict, Reuters reported on Sunday. 

USD/CAD depreciates after two days of gains, trading around 1.3970 during the Asian hours on Monday. The currency pair is under downward pressure as the US Dollar declines broadly, driven by a sharp reduction in market risk aversion.

South Korea Trade Balance increased to $27.04B in May from previous $26.94B

United Kingdom Rightmove House Price Index (YoY) down to -0.5% in June from previous -0.3%

United Kingdom Rightmove House Price Index (YoY): 0.5% (June) vs -0.3%

Gold price (XAU/USD) rises to a weekly high during the Asian trading hours on Monday. The precious metal rebounds after the United States (US) and Iran had reached a deal to end their conflict, easing concerns about inflation and higher interest rates.

On Monday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8088 compared to the previous day's fix of 6.8109 and 6.7544 Reuters estimate.

GBP/USD gains ground after registering minor losses in the previous day, trading around 1.3450 during the Asian hours on Monday.

EUR/USD rises after registering minor losses in the previous day, trading around 1.1610 during the Asian hours on Monday.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.40 during the early Asian trading hours on Monday. The WTI price tumbles to a two-month low after reports that the United States (US) and Iran announced a peace deal to end their nearly four-month war. 

US President Trump said that the agreement he reached with Iran would ultimately assure that the Strait of Hormuz is “permanently toll free,” the New York Times reported on Sunday.

The AUD/USD pair gathers strength to around 0.7075 during the early Asian session on Monday.

United Kingdom Rightmove House Price Index (MoM) down to -0.6% in June from previous 1.2%

New Zealand Electronic Card Retail Sales (MoM): 1.7% (May) vs -1.3%

New Zealand Electronic Card Retail Sales (YoY) rose from previous 2% to 3.3% in May

Pakistan Prime Minister Shehbaz Sharif said that the United States (US) and Iran have agreed on a deal to bring their nearly four-month war to an end, with both sides declaring the immediate and permanent termination of military operations on all fronts, including in Lebanon, Bloomberg reported on S

New Zealand Business NZ PSI declined to 47.5 in May from previous 48.9