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Iron ore hits two-week high ahead of Trump-Xi meeting
BEIJING, Oct 29 (Reuters) - Iron ore futures prices gained on Wednesday for a third straight session to hit their highest in two weeks, bolstered by optimism on a trade deal between the world's two largest economies.U.S. President Donald Trump, who heads to South Korea on Wednesday with high-sta...Reuters
Wed, Oct 29
USD/CAD holds losses below 1.3950 ahead of policy decisions from Fed, BoC
USD/CAD extends its losses for the third successive day, trading around 1.3940 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) remains subdued ahead of the US Federal Reserve (Fed) policy decision due later in the day.
Fxstreet
Wed, Oct 29
Australian Dollar gains following Consumer Price Index data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday following the release of Australia’s Consumer Price Index (CPI) data. Additionally, the AUD/USD pair also receives support from decreasing bets on rate cuts by the Reserve Bank of Australia (RBA).
Fxstreet
Wed, Oct 29
Australian dollar gains as hot inflation scorches rate cut bets
By Wayne Cole SYDNEY, Oct 29 (Reuters) - The Australian dollar popped to a three-week peak on Wednesday after shockingly high reading on core inflation led markets to all but price out a rate cut next week, and ponder whether the entire easing cycle might be over.The long-awaited report showed he...Reuters
Wed, Oct 29
FOREX-Dollar on backfoot ahead of expected Fed cut, Aussie gains on CPI
By Kevin Buckland TOKYO, Oct 29 (Reuters) - The U.S. dollar hovered close to a one-week low versus major peers on Wednesday ahead of a widely expected interest rate cut from the Federal Reserve later in the day.The greenback lost additional ground against the Japanese yen after U.S. Treasury Secr...Reuters
Wed, Oct 29
US Treasury's Bessent urges Japan government to allow BOJ 'policy space'
TOKYO, Oct 29 (Reuters) - The Japanese government's willingness to allow the central bank policy space will be key to anchoring inflation expectations and avoiding excess exchange rate volatility, U.S. Treasury Secretary Scott Bessent said in an X post on Wednesday."I am encouraged by her de...Reuters
Wed, Oct 29
NZD/USD Price Forecast: Rises ahead of Fed as USD softens
The Kiwi Dollar edges up 0.23% on Tuesday as the Greenback weakens ahead of the Federal Reserve’s monetary policy meeting on Wednesday, at which the central bank is expected to cut rates by 25 basis points. The NZD/USD trades at 0.5783 at the time of writing.
Fxstreet
Tue, Oct 28
GBP/JPY Price Forecast: Sinks nearly 200 pips, tests 202.00
The GBP/JPY plunged sharply on Tuesday, close to 200 pips or 0.97% as the cross-pair slides below the 202.00 milestone, for the first time since last Friday. At the time of writing, the pair trades at 201.94 virtually unchanged, as Wednesday’s Asian session begins.
Fxstreet
Tue, Oct 28
EUR/USD inches higher as US–China optimism pressures US Dollar
EUR/USD registers modest gains on Tuesday, yet it remains trading within familiar levels amid the lack of catalysts as the US government remains shut. However, upbeat news regarding the US-China trade war, weakened the Dollar and boosted the Euro. The pair trades at 1.1654, up 0.09%.
Fxstreet
Tue, Oct 28
FOREX-Japanese yen strengthens after officials ease policy concerns
Japanese yen gains after comments from Japanese minister and U.S. Treasury SecretaryBOJ expected to hold rates steady, focus on future rate hike cluesInvestors watch U.S.-China trade deal prospects ahead of Trump-Xi meetingBy Karen Brettell NEW YORK, Oct 28 (Reuters) - The Japanese yen gained on ...Reuters
Tue, Oct 28
FX Today: The Fed and the BoC are expected to lower their rates
In quite a volatile day, the US Dollar (USD) traded with modest losses, maintaining a gradual decline so far this week, always amid a steady market caution ahead of the Federal Reserve (Fed) event on Wednesday, where a 25-basis-point rate cut is fully priced in.Fxstreet
Tue, Oct 28
AUD/USD firms as traders brace for Australia Q3 inflation data and Fed decision
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday, extending its winning streak for the fifth consecutive session as the Greenback stays under pressure ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday.Fxstreet
Tue, Oct 28
Moncler expects wholesale revenues to be down around mid single digit at constant forex rate in FY, exec says
Oct 28 (Reuters) - Moncler SpA MONC.MI:MONCLER EXEC: EXPECTS WHOLESALE REVENUES TO BE DOWN AROUND MID SINGLE DIGIT AT CONSTANT FOREX RATE IN FULL YEAR VERSUS HIGH SINGLE DIGIT DECLINE INDICATED BEFOREMONCLER EXEC: CHINA POSITIVE BOTH FOR MAINLAND CHINA AND FOR CHINESE CLUSTERMONCLER EXEC: OVERALL WE...Reuters
Tue, Oct 28
