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AUD/JPY Price Forecast: Holds gains above 100.00, overbought RSI warrants caution for bulls
The AUD/JPY cross extends its upside to around 100.05 during the early European session on Wednesday. The Japanese Yen (JPY) faces some selling pressure against the Australian Dollar (AUD) as traders assess the likely policy stance of Japan’s next Prime Minister, Sanae Takaichi.
Fxstreet
5 hours ago
EUR/USD weakens below 1.1650 as French political crisis deepens
The EUR/USD pair attracts some sellers to around 1.1620 during the Asian trading hours on Wednesday. The Euro (EUR) weakens against the US Dollar (USD) amid fears of a political crisis in France. The FOMC Minutes will take center stage later on Wednesday.
Fxstreet
6 hours ago
Japanese Yen weakens further as Takaichi's policy expectations cloud BoJ rate hike outlook
The Japanese Yen (JPY) adds to its heavy weekly losses amid worries that more expansionary fiscal policy from Japan's incoming first female Prime Minister, Sanae Takaichi, could further complicate the task facing the Bank of Japan (BoJ).
Fxstreet
7 hours ago
FOREX-Dollar rallies as US shutdown drags on, weighing on confidence
Dollar gains against euro, yen on political developmentsKiwi dollar tumbles as RBNZ surprises with 50 basis point cutSpot gold breaks $4,000 as safe havens find buyersBy Gregor Stuart Hunter SINGAPORE, Oct 8 (Reuters) - The U.S. dollar rose to its strongest in more than two months in early Asian ...Reuters
7 hours ago
New Zealand dollar skids to six-month low as central bank slashes rates
By Wayne Cole SYDNEY, Oct 8 (Reuters) - The New Zealand dollar slid to a six-month low on Wednesday after the country's central bank cut its cash rate by an aggressive 50 basis points and left the door open to easing yet more as the economy struggles.The Reserve Bank of New Zealand slashed ra...Reuters
8 hours ago
Dollar rallies as US shutdown drags on, weighing on confidence
SINGAPORE, Oct 8 (Reuters) - The U.S. dollar rose to its strongest levels in six weeks in early Asian trading on Wednesday as risks around the U.S. government shutdown intensified, sparking fresh investor worries and boosting demand for safe haven assets.The dollar index =...Reuters
8 hours ago
New Zealand central bank cuts cash rate by larger-than-expected 50bps
WELLINGTON, Oct 8 (Reuters) - New Zealand's central bank surprised some in the markets by slashing its benchmark rate by 50 basis points to 2.50% on Wednesday, suggesting policymakers were worried about the frail state of the economy and stood ready to act decisively. The decision went against 1...Reuters
9 hours ago
USD/JPY gathers strength above 151.50 as BoJ rate hike uncertain
The USD/JPY pair rises to near 151.85 during the early Asian session on Wednesday. The Japanese Yen (JPY) reached its weakest level since February against the US Dollar (USD) after Sanae Takaichi’s surprise win as the new leader of Japan’s ruling Liberal Democratic Party (LDP).Fxstreet
11 hours ago
EUR/USD slumps as French political turmoil weighs on Euro
EUR/USD falls on Tuesday amid the political turmoil in France along with the US government shutdown. The Dollar which previously depreciated is posting a surprising recovery up 0.52% in the day, according to the US Dollar Index (DXY). The pair trades at 1.1654, down 0.46%.Fxstreet
12 hours ago
LIVE MARKETS-Stocks dip as economic concerns, Tesla weigh
U.S. main stock indexes turn red, Nasdaq weakestConsumer staples lead S&P sector gainers; Cons discretionary lags most Dollar, gold advance; crude gains; bitcoin down >2% 10-yr U.S. Treasury yield slips to ~4.13%Welcome to the home for real-time coverage of markets brought to you by Reuters r...Reuters
14 hours ago
Brazil's Senate may pass income tax exemption bill within 30 days, says senator
SAO PAULO, Oct 7 (Reuters) - Brazil's Senate may pass a bill expanding income tax exemptions for the middle class within 30 days, a senator said on Tuesday, just days after the lower house of Congress approved the flagship measure of President Luiz Inacio Lula da Silva's government.Speaking ...Reuters
14 hours ago
CANADA FX DEBT-Canadian dollar edges lower as investors await tangible trade deal progress
Canadian dollar falls 0.1% against the greenbackTrades in a range of 1.3940 to 1.3962Trade deficit widens to C$6.32 billion in AugustBond yields ease across a flatter curve TORONTO, Oct 7 (Reuters) - The Canadian dollar edged lower against its U.S. counterpart on Tuesday as Canada's trade def...Reuters
14 hours ago
FOREX-Yen drops to 7-month low on fiscal concerns, euro dips
Yen hits seven-month low against dollar Euro weakens on France debt worriesTraders await end of US federal government shutdownBy Karen Brettell and Samuel Indyk NEW YORK, Oct 7 (Reuters) - Concerns about the fiscal outlook in Japan sent the yen to a more than seven month low against the U.S. doll...Reuters
14 hours ago
