๐ Monday Asia Session Update:
#Majors
๐ช๐บ๐บ๐ธ EURUSD dropped -0.22% #eurusd 1.02202
๐ฌ๐ง๐บ๐ธ GBPUSD dropped -0.42% #gbpusd 1.21497
๐บ๐ธ๐ฏ๐ต USDJPY dropped -0.20% #usdjpy 157.338
๐บ๐ธ๐จ๐ฆ USDCAD rose +0.13% #usdcad 1.44314
๐ฆ๐บ๐บ๐ธ AUDUSD dropped -0.08% #audusd 0.61406
๐ณ๐ฟ๐บ๐ธ NZDUSD rose +0.13% #nzdusd 0.55536
๐บ๐ธ๐จ๐ญ USDCHF rose +0.11% #usdchf 0.91692
#Commodities
๐ข๏ธ Crude rose +0.28% #crudeoil 77.242
โจ XAUUSD dropped -0.02% #gold 2687.64
During the Monday Asia Session, the forex market experienced a mixed sentiment with most major currencies dipping against the US dollar. The EURUSD pair declined by 0.22%, positioning at 1.02202, indicating a stronger dollar against the euro. Meanwhile, the GBPUSD saw a more significant drop of 0.42%, settling at 1.21497, reflecting further weaknesses in the British pound.
In the Asian market, the USDJPY pair saw a slight decline of 0.20%, recorded at 157.338, showing some fluctuations around the yen's valuation. In contrast, the USDCAD pair experienced a minor rise of 0.13%, standing at 1.44314, hinting at a slightly stronger dollar against the Canadian counterpart. The AUDUSD slipped modestly by 0.08%, at 0.61406, while the NZDUSD rose by 0.13% to reach 0.55536, showing some resilience in the New Zealand dollar.
Among commodities, crude oil saw a minor positive move, rising 0.28% to 77.242, which could suggest a slight upward pressure in oil prices. Gold was relatively steady with a minimal drop of 0.02%, trading at 2687.64, reflecting stable demand for safe-haven assets amid broader market movements.
The market sentiment in this session appears cautious, with investors showing slight preference towards the US dollar while keeping a keen eye on global economic indicators and commodity price movements. This mood suggests a balanced outlook with careful positioning as traders await further external cues.
#Majors
๐ช๐บ๐บ๐ธ EURUSD dropped -0.22% #eurusd 1.02202
๐ฌ๐ง๐บ๐ธ GBPUSD dropped -0.42% #gbpusd 1.21497
๐บ๐ธ๐ฏ๐ต USDJPY dropped -0.20% #usdjpy 157.338
๐บ๐ธ๐จ๐ฆ USDCAD rose +0.13% #usdcad 1.44314
๐ฆ๐บ๐บ๐ธ AUDUSD dropped -0.08% #audusd 0.61406
๐ณ๐ฟ๐บ๐ธ NZDUSD rose +0.13% #nzdusd 0.55536
๐บ๐ธ๐จ๐ญ USDCHF rose +0.11% #usdchf 0.91692
#Commodities
๐ข๏ธ Crude rose +0.28% #crudeoil 77.242
โจ XAUUSD dropped -0.02% #gold 2687.64
During the Monday Asia Session, the forex market experienced a mixed sentiment with most major currencies dipping against the US dollar. The EURUSD pair declined by 0.22%, positioning at 1.02202, indicating a stronger dollar against the euro. Meanwhile, the GBPUSD saw a more significant drop of 0.42%, settling at 1.21497, reflecting further weaknesses in the British pound.
In the Asian market, the USDJPY pair saw a slight decline of 0.20%, recorded at 157.338, showing some fluctuations around the yen's valuation. In contrast, the USDCAD pair experienced a minor rise of 0.13%, standing at 1.44314, hinting at a slightly stronger dollar against the Canadian counterpart. The AUDUSD slipped modestly by 0.08%, at 0.61406, while the NZDUSD rose by 0.13% to reach 0.55536, showing some resilience in the New Zealand dollar.
Among commodities, crude oil saw a minor positive move, rising 0.28% to 77.242, which could suggest a slight upward pressure in oil prices. Gold was relatively steady with a minimal drop of 0.02%, trading at 2687.64, reflecting stable demand for safe-haven assets amid broader market movements.
The market sentiment in this session appears cautious, with investors showing slight preference towards the US dollar while keeping a keen eye on global economic indicators and commodity price movements. This mood suggests a balanced outlook with careful positioning as traders await further external cues.
