The Mexican Peso (MXN) is weakening in its key pairs on Monday as the odds shift marginally in favor of former President Donald Trump winning the United States (US) presidential election in November.

Gold (XAU/USD) is already up half a percent to trade in the $2,730s on Monday during the European session after rising over 1.0% on Friday.

Federal Reserve Bank of Dallas President Lorie Logan argued on Monday that she anticipates further interest rate cuts by the Fed.

Rightmove House Price data for October were released over the weekend and showed a moderate (0.3%) rise in house prices last month, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

EUR/USD struggles to extend Friday’s recovery above the immediate resistance of 1.0870 in Monday’s North American session.

Dovish comments from ECB Governors Simkus and Kazaks support market expectations for a further reduction in ECB rates in December, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) is a little bit in favor this Monday as three main factors provide some support for the

The Pound Sterling (GBP) weakens slightly against its major peers at the start of the week.

The Canadian Dollar (CAD) is one of the better-performing currencies on the session when looking at overall ground lost versus the USD on the session but it is trading at session lows against the USD as our trading day gears up, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

European Central Bank (ECB) policymaker and Slovakian central bank Governor Peter Kazimir said on Monday that they will be in a "strong and comfortable position" to continue the policy-easing cycle if the accelerated pace in disinflation is confirmed, per Reuters.

USD/JPY broke down and out of its Rising Wedge pattern on Friday but has since recovered and returned back inside.

The JPY is soft, near 150, reflecting the rebound in US yields and less supportive spreads, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

Will the markets can see higher EUR/USD levels again in the coming weeks? These questions are hardly surprising, given the weeks-long slide in EUR/USD that has taken the markets from 1.12 at the end of September to below 1.09.

The US Dollar (USD) remains firm, supported by softer risk appetite and rising US Treasury yields, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

AUD/USD seems to be resuming the downtrending move it began at the late-September highs, following a brief pull back.

SMEI returned to expansionary territory at 50.7 in October, after staying below 50 for two months.

US Dollar (USD) net short positions have increased. Euro (EUR) net long positions have halved.

West Texas Intermediate (WTI), futures on NYMEX, bounces back to near $70.00 in Monday’s European session.

China’s 3Q24 GDP growth was largely in line with consensus expectations at 4.6% y/y, 0.9% q/q sa (Bloomberg’s est: 4.5% y/y, 1.1% q/q; UOB est: 4.7% y/y, 1.1% q/q).

USD/SGD traded lower, in line with our call for pullback. Pair was last at 1.3128 levels, OCBC’s FX analyst Frances Cheung and Christopher Wong note.

We've had a bullish view on EUR/GBP this year, largely because we had felt that the market was mispricing the Bank of England cycle, ING’s FX analyst Chris Turner notes.

The US Dollar (USD) is likely to trade in a range between 7.0990 and 7.1330.

EUR/USD is licking its wounds after a tough week, ING’s Chris Turner notes.

The US Dollar (USD) is likely to trade in a sideways range of 149.00/150.00.

USD/JPY eased lower, tracking the dip in UST yields last Fri while markets continue to watch BoJ rhetoric.

The USD/CAD pair extends its winning spree for the third trading session on Monday.

Momentum is beginning to slow; the likelihood of the New Zealand Dollar (NZD) declining further to 0.6005 has decreased, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.

FX markets seem to be positioning for a Trump victory in next month's US presidential election.

The Australian Dollar (AUD) is likely to trade in a 0.6685/0.6730 range.

The Australian Dollar (AUD) was a touch firmer this morning amid supported risk sentiments and on comments from RBA’s Hauser.