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GBP/USD rises above 1.3450 on rising odds of further Fed rate cuts
GBP/USD extends its winning streak for the fourth successive session, trading around 1.3460 during the Asian hours on Wednesday. The pair may further appreciate as the US Dollar (USD) faces challenges after soft US jobs data increased the odds of Federal Reserve (Fed) rate cuts.
Fxstreet
Wed, Oct 1
Japan's $550 billion US investment to have no FX impact, top trade negotiator says
By Makiko Yamazaki TOKYO, Oct 1 (Reuters) - Japan will run a $550 billion U.S.-bound investment package agreed in Tokyo's tariff deal with Washington without any impact on the foreign exchange market, its top trade negotiator Ryosei Akazawa said on Wednesday."Based on our calculation, $55...Reuters
Wed, Oct 1
FOREX-Dollar on defensive as US government shuts down
US government funding expired at 0400 GMT on WednesdayShutdown may delay key monthly jobs reportYen traders shrug off BOJ tankan surveyBy Kevin Buckland TOKYO, Oct 1 (Reuters) - The dollar hovered near a one-week low versus major peers on Wednesday as the U.S. government entered a shutdown that i...Reuters
Wed, Oct 1
Nomura to boost rates and FX trading units, sees more market volatility
Move reflects doubts about whether equities bull run will continueNomura has appointed new head of US rates, co-head of FX and emerging markets businessExpects advisory business to have a better second half By Anton Bridge and Miho UranakaTOKYO, Oct 1 (Reuters) - Japan's Nomura Holdings 8604.T p...Reuters
Wed, Oct 1
EUR/USD stays near 1.1750 ahead of potential US government shutdown, EU inflation
EUR/USD moves little after three days of gains, trading around 1.1730 during the Asian hours on Wednesday. The pair remains steady ahead of the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) due later in the day.
Fxstreet
Wed, Oct 1
Sanctions fears stymie Russian companies' panda bond sales push in China
Chinese banks wary of secondary sanctions risksNo Russian firms have issued panda bonds since Ukraine conflictGeopolitical risks deter Chinese investors from buying Russian bonds Oct 1 (Reuters) - Russian companies' plans to tap China's vast bond market for low-cost funding are proving to...Reuters
Wed, Oct 1
Japan's $550 billion US investment package to have no FX impact, top trade negotiator says
TOKYO, Oct 1 (Reuters) - Japan will run a $550 billion U.S.-bound investment package agreed in Tokyo's tariff deal with Washington without any impact on the foreign exchange market, its top trade negotiator Ryosei Akazawa said on Wednesday."The $550 billion size is the range where there will...Reuters
Wed, Oct 1
Australian dollar hovers near 3-year peak on NZ counterpart as rates diverge
By Wayne Cole SYDNEY, Oct 1 (Reuters) - The Australian dollar hovered near three-year highs against its New Zealand neighbour on Wednesday, as the outlook for local interest rates diverged, while concerns over an impending U.S. government shutdown restrained the greenback.Markets have scaled back...Reuters
Wed, Oct 1
FOREX-Dollar on defensive as US government shutdown looms
US government funding expires at 0400 GMT on WednesdayShutdown would delay key monthly jobs reportYen traders shrug off BOJ tankan surveyBy Kevin Buckland TOKYO, Oct 1 (Reuters) - The dollar hovered near a one-week low versus major peers on Wednesday as the U.S. government headed towards a likely...Reuters
Wed, Oct 1
US, South Korea agree not to target FX rates for trade advantage
S. Korea, US agree to avoid currency manipulationJoint statement mirrors Japan's, does not include FX swapsTrade negotiations stalled due to FX concernsSeoul to provide intervention operations on monthly basis SEOUL, Oct 1 (Reuters) - The United States and South Korea agreed that foreign exch...Reuters
Wed, Oct 1
EUR/USD steadies as shutdown fears weigh on Dollar
EUR/USD holds firm on Tuesday during the North American session, although the Dollar weakens due to fears of a possible government shutdown that could disrupt the release of crucial jobs data for Fed officials. At the time of writing, the pair trades at 1.1735 up a modest 0.05%.Fxstreet
Tue, Sep 30
FOREX-Dollar falters as US govt shutdown risk intensifies
Shutdown could delay jobs report, muddying Fed policy pathAussie up after RBA stands pat, cautious on inflationJapanese yen may benefit from U.S. shutdownBy Gertrude Chavez-Dreyfuss NEW YORK, Sept 30 (Reuters) - The dollar fell on Tuesday following softer-than-expected economic data, as investors...Reuters
Tue, Sep 30
USD/JPY slides as US shutdown fears boost Yen’s safe-haven appeal
The Japanese Yen (JPY) gains traction against the US Dollar (USD) on Tuesday, with USD/JPY extending losses for a third straight day as the looming United States (US) government shutdown weighs on the Greenback and bolsters safe-haven demand for the Yen.Fxstreet
Tue, Sep 30
