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NZD/USD recovers from seven-month low on Chinese inflation, US budget deal
NZD/USD strengthens on Monday, up 0.15% to around 0.5640 at the time of writing. The New Zealand Dollar (NZD) finds support after falling last week to a seven-month low at 0.5605, helped by a rebound in China’s consumer prices and easing US-China trade tensions.
Fxstreet
Mon, Nov 10
REFILE-FOREX-Aussie gains, yen weakens as end to US shutdown looks possible
US Senate prepares vote to fund government through JanuaryDollar had weakened during previous three sessionsYen slips on signs Takaichi government may water down fiscal consolidationAussie jumps on hawkish policymaker speech Norwegian crown gains after CPI By Gregor Stuart Hunter and Alun John SI...Reuters
Mon, Nov 10
NZD/USD: Likely to trade in a range between 0.5610 and 0.5645 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range between 0.5610 and 0.5645. In the longer run, positive divergence suggests waning downside momentum; a breach of 0.5660 would mean that weakness in NZD has stabilized, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Nov 10
GBP/USD: Likely to trade in a range between 1.3105 and 1.3175 – UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3105 and 1.3175. In the longer run, GBP’s weakness has come to an end; it could recover further, but any advance is likely part of a higher range of 1.3050/1.3220, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Nov 10
EUR/USD steady as US shutdown deal progresses, Eurozone sentiment in focus
EUR/USD trades around 1.1560 on Monday at the time of writing, virtually unchanged on the day. The US Dollar (USD) finds renewed support following Bloomberg reports that a group of centrist Senate Democrats agreed to back a deal to end the US government shutdown.
Fxstreet
Mon, Nov 10
EUR/USD: Weakness from a week ago has stabilized – UOB Group
Euro (EUR) is likely to trade in a 1.1525/1.1580 range. In the longer run, weakness from a week ago has stabilized; EUR is likely to trade in a range of 1.1485/1.1610 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Nov 10
Sterling looks past US shutdown news, awaits British data
LONDON, Nov 10 (Reuters) - Sterling held steady on Monday as traders brushed off news of a possible end to the U.S. federal government shutdown and instead awaited important economic data this week to see what it might mean for the Bank of England. The pound was last up 0.08% at $1.3175 GBP= and was...Reuters
Mon, Nov 10
ROI-AI clouds up the economic dashboard: Mike Dolan
By Mike Dolan LONDON, Nov 10 (Reuters) - The return of U.S. economic data when Washington reopens may do little to clear up a macro picture that is clouded by the dash for artificial intelligence and compounded by trade distortions. Federal Reserve officials are doing their best at the guessin...Reuters
Mon, Nov 10
TRY: Inflation forecasts revised up despite assurances – Commerzbank
The Turkish central bank (CBT) has adjusted its year-end inflation forecast for 2025, once again, upward to 31%-33%, compared with the previous 25%-29%. This revision aligns with existing analyst consensus forecasts.
Fxstreet
Mon, Nov 10
EMERGING MARKETS-EM stocks rally on potential end to US shutdown
EM stocks up 1.35%, FX up 0.16%S&P affirms Poland's outlook at 'stable' US exempts Hungary from Russia sanctions after Trump-Orban meetHungary secures financial shield agreement with WashingtonCzech jobless rate edges slightly up in OctoberBy Nikhil Sharma Nov 10 (Reuters) - Emerg...Reuters
Mon, Nov 10
CEE MARKETS-Forint scales new 1-1/2-year high, buoyed by US sanctions waiver
BUDAPEST, Nov 10 (Reuters) - The forint EURHUF= firmed 0.4% to a fresh 1-1/2-year high to the euro on Monday, outperforming other central European currencies, after import-reliant Hungary secured an exemption from U.S. sanctions for using Russian energy.With Hungary heavily reliant on Russian energy...Reuters
Mon, Nov 10
FOREX-Aussie gains, yen weakens as end to US shutdown looks possible
US Senate prepares vote to fund government through JanuaryDollar had weakened during previous three sessionsYen slips on signs Takaichi government may water down fiscal consolidationAussie jumps on hawkish policymaker speech By Gregor Stuart Hunter and Alun John SINGAPORE/LONDON, Nov 10 (Reuters)...Reuters
Mon, Nov 10
Pound Sterling consolidates against US Dollar as Senate advances stopgap bill
The Pound Sterling (GBP) consolidates near 1.3150 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair wobbles as the US Dollar (USD) steadies despite the vote favoring the United States (US) government reopening has been approved in the Senate.Fxstreet
Mon, Nov 10
