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Wall Street stocks retreated slightly on Monday amid soft economic data and heightened viral concerns. Asia-Pacific markets may follow lower. The RBA interest rate decision will be in focus today.

The New Zealand Dollar lost early-week upside momentum after a concerning slowdown in China’s manufacturing growth. NZD/USD is turning its attention to New Zealand’s upcoming Q2 jobs data.

AUD/USD price action advanced a mere 16-pips on Monday as the Australian Dollar awaits the upcoming RBA rate decision and possible signal that QE tapering will proceed despite lockdowns.

USD/JPY remains under pressure following hawkish comments from Christopher Waller of the Federal Reserve. Delta variant, slowing economic data present headwinds.

The Mexican peso has largely traded with a positive bias against the dollar since July 21, but rising COVID-19 risks could sour market mood and weigh on EMFX in the…

Last week's FOMC put even more emphasis on this week's NFP. With the USD hanging in the balance, will bears make a move ahead of the print?

Gold teased a possible breakout last week after the Fed continued to show concern around employment, and NFP is on the docket for this Friday.

USD/JPY appears to be on track to test the July low (109.06) ahead of the US Non-Farm Payrolls (NFP) report as longer-dated US Treasury yields come back under pressure.

USD/CAD may consolidate ahead of the employment reports due out of the US and Canada as Federal Reserve officials tame speculation for a looming shift in monetary policy.

Stocks gapped higher at opening bell on Wall Street, but the Nasdaq receded slightly following a solid ISM manufacturing report that showed strong employment gains ahead of NFPs due Friday.