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RPT-GRAPHIC -Tracking the fate of king dollar
By Grant Smith, Karin Strohecker and Dhara Ranasinghe LONDON, Oct 1 (Reuters) - The U.S. dollar, long renowned for its strength, has been weakened by President Donald Trump’s stiff tariffs, his attacks on the Federal Reserve and his distancing from allies and global institutions.The dollar still ...Reuters
Thu, Oct 2
FOREX-Dollar steadies as Supreme Court allows Fed's Cook to stay in job for now
Fed Governor Cook to stay in her post until JanuaryTraders weigh impact of U.S. government shutdown ADP jobs and PMI data solidify rate cut betsBy Gregor Stuart Hunter SINGAPORE, Oct 2 (Reuters) - The U.S. dollar battled to overturn a four-day losing streak on Thursday after the U.S. Supreme Cour...Reuters
Thu, Oct 2
EUR/GBP remains above 0.8700, downside potential appears due to BoE caution
EUR/GBP inches higher after two days of losses, trading around 0.8710 during the Asian hours on Thursday. The currency cross may further lose ground as the Pound Sterling (GBP) receives support from the cautious remarks from the Bank of England (BoE) officials.
Fxstreet
Thu, Oct 2
USD/INR Price Forecast: Remains sideways near 89.00 from a week
The USD/INR pair ended Wednesday with a 0.2% correction to near 88.83. The pair faced selling pressure on Wednesday after the Reserve Bank of India’s (RBI) monetary policy announcement. On Thursday, Indian currency markets are closed on account of Dusshera and Mahatma Gandhi Jayanti.Fxstreet
Thu, Oct 2
EUR/JPY Price Forecast: Rebounds from 172.50 support near 50-day EMA
EUR/JPY halts its three-day losing streak, trading around 172.60 during the Asian hours on Thursday. The technical analysis of the daily chart indicates a shift from bullish to bearish bias as the currency cross is positioned slightly below the ascending channel pattern.
Fxstreet
Thu, Oct 2
USD/CHF consolidates around 0.7960 ahead of Swiss inflation data
The USD/CHF pair trades in a tight range around 0.7960 during the Asian trading session on Thursday. The Swiss Franc pair consolidates as investors await the Swiss Consumer Price Index (CPI) data for September, which will be published at 06:30 GMT.
Fxstreet
Thu, Oct 2
Australia, NZ dollars edge up, domestic data disappoints
SYDNEY, Oct 2 (Reuters) - The Australian and New Zealand dollars inched higher on Thursday as gains in global stock markets supported risk assets generally, though disappointing domestic data proved a headwind for the Aussie.Particularly notable was a miserly 0.1% rise in household spending for Augu...Reuters
Thu, Oct 2
EUR/USD posts modest gains above 1.1700 as Supreme Court allows Fed’s Cook to stay in her post
The EUR/USD pair gains ground near 1.1735 during the Asian trading hours on Thursday. The concern over the impact of the US government shutdown undermines the US Dollar (USD) against the Euro (EUR). The US weekly Initial Jobless Claims will not be published in light of the ongoing federal shutdown.
Fxstreet
Thu, Oct 2
GBP/USD holds gains near 1.3500 amid BoE cautious stance
GBP/USD extends its gains for the fifth consecutive day, trading around 1.3480 during the Asian hours on Thursday. The pair may further appreciate as the Pound Sterling (GBP) receives support from the cautious remarks from the Bank of England (BoE) officials.
Fxstreet
Thu, Oct 2
USD/CAD stays near 1.3950 as traders adopt caution after US government shutdown
USD/CAD holds ground for the third successive session, trading around 1.3940 during the Asian hours on Thursday. However, the pair may face challenges as the US Dollar (USD) struggles after the United States (US) government shutdown.
Fxstreet
Thu, Oct 2
EUR/USD holds steady as weak U.S. jobs data offsets shutdown risks
EUR/USD is steady late during the North American session as investors digest a soft jobs report and shrugs off the shutdown of the US government. The lack of an agreement between the White House and Democrats would prolong the shutdown and delay US economic data releases.Fxstreet
Thu, Oct 2
FOREX-Dollar gains as Supreme Court allows Fed's Cook to stay in job for now
Fed Governor Cook to stay in her post until JanuaryTraders weigh impact of U.S. government shutdown ADP jobs and PMI data solidify rate cut betsBy Gregor Stuart Hunter SINGAPORE, Oct 2 (Reuters) - The U.S. dollar regained its footing in early Asian trading on Thursday after the U.S. Supreme Court...Reuters
Thu, Oct 2
South Korea foreign minister says rough agreement on security reached with US
SEOUL, Oct 2 (Reuters) - South Korean Foreign Minister Cho Hyun said his country and the United States had reached a rough agreement on security in tandem with ongoing tariff negotiations, Yonhap news agency reported.In an interview published on Thursday, Cho also said the U.S. was reviewing a curre...Reuters
Wed, Oct 1
