ECB's Holzmann: Further rate cuts by the bank could slam Euro and spike inflation

The European Central Bank (ECB) policymaker Robert Holzmann said on Saturday that it is too early to tell whether the ECB has initiated a shift towards lower borrowing costs after it cut its benchmark interest rate at its June meeting last week, per Reuters.

Japan Q1 GDP contracts 0.5% QoQ versus -0.5% expected

Japanese Gross Domestic Product (GDP) for the first quarter (Q1) contracted 0.5% QoQ versus -0.5% expected and -0.5% prior, the Cabinet Office showed on Monday.

China’s PBOC halts gold purchases in May after 18 months of buying

The People's Bank of China (PBOC) paused gold purchases to its reserves in May, ending a massive buying spree that ran for 18 months, according to Bloomberg.

French President Macron calls for snap elections after defeat to far-right in EU vote

Following the European Union (EU) elections, French President Emmanuel Macron announced on Sunday snap elections in an unprecedented move.

Gold price attracts some sellers near one-month low amid firmer US Dollar

Gold price (XAU/USD) kicks off the new week on a subdued note and consolidates near its lowest level in over a month, below the $2,300 mark touched in the aftermath of blowout US monthly jobs data.

USD/INR flat-lines despite the stronger US Dollar

Indian Rupee (INR) trades on a flat note on Monday despite the rebound of Greenback.

Australian Dollar rebounds from five week lows, US Dollar remains stronger

The Australian Dollar (AUD) gains ground on Monday following the decline in the previous session. The US Dollar (USD) regained its strength from the better-than-expected US employment data released on Friday.

Japanese Yen remains subdued, US Dollar advances due to risk aversion

The Japanese Yen (JPY) edges lower for the successive second trading day on Monday.

Forex Today: Political jitters weigh on Euro, US Dollar continues to push higher

Here is what you need to know on Monday, June 10: The US Dollar (USD) preserves its strength, while the Euro struggles to find demand at the beginning of the week as markets assess the preliminary results of the European Parliament election.

Silver price Monday: Silver recovers, according to FXStreet data

Silver prices (XAG/USD) rose on Monday, according to FXStreet data.