South Korea FX Reserves increased to 411.33B in July from previous 410.2B

Aug 4, 2025

Fed's Daly leans closer toward rate cuts, but still remains cautious

Federal Reserve (Fed) Bank of San Francisco President Mary C. Daly hit newswires late Monday, noting that although there's plenty of reasons to start looking at interest rate cuts, there remains plenty of uncertainty making it difficult for Fed officials to step into rate trimming too quickly.

Australian Dollar holds steady heading into Tuesday

The Australian Dollar (AUD) held steady on Monday, holding onto last week’s late gains against the US Dollar (USD). AUD/USD kept a tight grip on the 0.6470 region, keeping the pair locked in against the 200-day Exponential Moving Average (EMA).