Forex Today: US Dollar slides to begin the week, Japanese Yen rallies

Here is what you need to know on Monday, August 19: The US Dollar (USD) stays under selling pressure early Monday, with the USD Index dropping to its weakest level since early January near 102.00.

Here is what you need to know on Monday, August 19: The US Dollar stays under selling pressure early Monday, with the USDIndex dropping to its weakest level since early January near 102.00. The economic calendar will not offer any high-impact data releases and investors will pay close attention to comments from central bank officials. US Dollar PRICE Today The table below shows the percentage change of US Dollar against listed major currencies today.

Gold gathered bullish momentum and reached a new record high near $2,510 in the late American session on Friday. XAU/USD stays in a consolidation phase above $2,500 in the European morning on Monday. GBP/USD extended its uptrend on Friday and registered its highest weekly close since early July at 1.2945. The pair inches higher in the early European session and was last seen trading a few pips above 1.2960.

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