Australian Dollar depreciates due to risk aversion, ISM PMI eyed

The Australian Dollar (AUD) depreciates as investors turn cautious ahead of the ISM Manufacturing PMI release on Monday.

Japanese Yen depreciates due to investors' caution ahead of ISM PMI

The Japanese Yen (JPY) retraces its recent losses, with Japanese Economy Minister Yoshitaka Shindo announcing on Monday that the government will “continue efforts for primary balance to reach within surplus territory in FY 2025.”

Silver price Monday: Silver drops, according to FXStreet data

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

Stock Market Today: Nifty ends with over 3% gain, awaits Indian election results

Nifty 50, India’s key benchmark index, firmed up to hit a new record high above 23,300 at the open on Monday, snapping the previous week’s 2% decline.

Oil dips further in red numbers near US trading session

Oil prices are trading lower at the start of the US trading session this Monday with traders rather ignoring the OPEC+ decision to extend current production cuts into 2025 with the goal to support prices.  Despite the broad commitment to keep a tight supply,

Mexican Peso weakens after Sheinbaum and Morena win substantial majority

The Mexican Peso (MXN) edges lower in its key pairs on Monday after the news that Claudia Sheinbaum is set to win the Mexican presidential election with a comfortable majority.

US Dollar falls out of bed on Monday after very mixed ISM data

The US Dollar (USD) trades on the backfoot this Monday with the numbers from the Institute for Supply Management (ISM) as biggest driver for the Greenback weakness. The moves comes after the different data points reveal that there is easing at hand.

Gold rebounds after US Manufacturing ISM data shows contraction in May

Gold (XAU/USD) recovers to trade in the $2,340s on Monday after the release of US ISM Manufacturing PMI data shows a greater-than-expected contraction in May, increasing bets the Federal Reserve (Fed) will lower interest rates as the US economy cools.

Canadian Dollar backslides on Monday after manufacturing PMIs broadly miss the mark

The Canadian Dollar (CAD) is broadly lower on Monday after May’s S&P Canadian Global Manufacturing Purchasing Managers Index (PMI) figures missed the mark.

Dow Jones Industrial Average struggles to recover after ISM PMI miss on Monday

The Dow Jones Industrial Average (DJIA) fell around 300 points on Monday after investors took a backstep after US ISM Manufacturing Purchasing Managers Index (PMI) figures unexpectedly declined in May.