News
Important Only
USD/CAD Price Forecast: Tests 1.4000 barrier after breaking above nine-day EMA
USD/CAD extends its gains for the second successive session, trading around 1.3990 during the early European hours on Friday. The technical analysis of the daily chart indicates a price consolidation, with the USD/CAD pair rebounding from the lower boundary of its rectangle pattern.
Fxstreet
Fri, Oct 31
FOREX-Yen strengthens as finance minister says watching FX moves
U.S.-China trade deal, tech sector earnings cloud currency pathTokyo CPI hotter than expected at 2.8% Euro nudges higher after ECB holds interest ratesBy Gregor Stuart Hunter SINGAPORE, Oct 31 (Reuters) - The yen regained its footing against the U.S. dollar in Asian trading on Friday after Ja...Reuters
Fri, Oct 31
USD/INR moves higher due to US-China trade optimism, receding Fed dovish bets
The Indian Rupee (INR) trades lower against the US Dollar (USD) after a flat opening on Friday. The USD/INR pair rises to near 88.85 as the US Dollar (USD) trades broadly firm due to receding Federal Reserve (Fed) dovish bets, and improving trade relations between the United States (US) and China.Fxstreet
Fri, Oct 31
EUR/JPY holds steady above 178.00, remains close to record high touched on Thursday
The EUR/JPY cross attracts some dip-buyers near the 177.85 area during the Asian session on Friday, and for now, it seems to have stalled its modest pullback from the all-time peak, touched the previous day.
Fxstreet
Fri, Oct 31
Aussie succumbs to dollar strength, but gains on kiwi
SYDNEY, Oct 31 (Reuters) - The Australian and New Zealand dollars extended losses on Friday, falling under the broad strength of the U.S. dollar, as markets pared back the chance of a rate cut from the Federal Reserve in December. The Aussie AUD=D3 slipped 0.1% to $0.6548 after skidding 0.3% overnig...Reuters
Fri, Oct 31
Yuan set for third monthly gain - albeit a tiny one - on US-China trade truce
By Jiaxing Li HONG KONG, Oct 31 (Reuters) - The yuan on Friday morning looked poised to mark a third consecutive monthly gain, albeit by a slim margin of 0.1%, with the previous day's trade truce between the U.S. and China underpinning investor sentiment. The Chinese currency CNY=CFXS retreat...Reuters
Fri, Oct 31
Japanese Yen sticks to stronger Tokyo CPI-inspired gains; lacks follow-through buying
The Japanese Yen (JPY) strengthens during the Asian session after data released this Friday showed that inflation in Tokyo rose at a faster pace and backed the case for an imminent rate hike by the Bank of Japan (BoJ).
Fxstreet
Fri, Oct 31
USD/CAD maintains position near 1.4000 as expectations for further Fed rate cuts diminish
USD/CAD remains steady after registering gains in the previous session, trading around 1.3980 during the Asian hours on Friday. The pair appreciated as the US Dollar (USD) received support after Federal Reserve (Fed) Chair Jerome Powell's comments lowered expectations for further interest rate cuts.Fxstreet
Fri, Oct 31
Japan finance minister warns against forex volatility after yen plunge
By Makiko YamazakiTOKYO, Oct 31 (Reuters) - Japanese Minister of Finance Satsuki Katayama on Friday said the government has been monitoring foreign exchange movement "with a high sense of urgency", her strongest comment on currency since assuming the role last week as the yen sits at a nine-...Reuters
Fri, Oct 31
REFILE-FOREX-Dollar at three-month high as markets puzzle over outlook
U.S.-China trade deal, tech sector earnings cloud currency pathTokyo CPI hotter than expected at 2.8% Euro nudges higher after ECB holds interest ratesBy Gregor Stuart Hunter SINGAPORE, Oct 31 (Reuters) - The U.S. dollar held its ground in early Asian trade on Friday after reaching a three-month ...Reuters
Fri, Oct 31
EUR/USD defends 1.1550-40 support as USD consolidates post-FOMC gains, lacks follow-through
The EUR/USD pair attracts some dip-buyers during the Asian session on Friday and, for now, seems to have snapped a two-day losing streak back closer to the monthly low, around the 1.1550-1.1540 horizontal support.Fxstreet
Fri, Oct 31
