News
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EUR/JPY Price Forecast: Constructive outlook prevails above 174.50
The EUR/JPY cross loses ground around 174.75 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the safe-haven flows as the US government risks a shutdown. However, political uncertainty in Japan might cap the upside for the JPY.
Fxstreet
Mon, Sep 29
FOREX-Dollar falls ahead of data releases, risk of US government shutdown looms
Dollar slips ahead of busy week for US dataUS government shutdown could delay nonfarm payrolls reportTraders trim bets of aggressive Fed rate cutsBy Rae Wee SINGAPORE, Sept 29 (Reuters) - The dollar eased on Monday ahead of a slew of U.S. economic releases that could provide further clarity on th...Reuters
Mon, Sep 29
USD/CHF falls to near 0.7950, awaits updates on US government shutdown risks
USD/CHF extends its gains for the second successive session, trading around 0.7960 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) continues to lose ground amid market caution, driven by shutdown risks of the United States (US) government.
Fxstreet
Mon, Sep 29
Silver Price Forecast: XAG/USD holds gains above $46.50 due to Fed rate cut bets
Silver price (XAG/USD) is trading around new 14-year high of $46.64, marked during the Asian hours on Monday. The non-interest-bearing Silver attracts buyers as the US August inflation report boosts the odds of the US Federal Reserve (Fed) delivering another interest rate cut in October.
Fxstreet
Mon, Sep 29
Australian dollar braces for RBA meet, holding gains against kiwi
SYDNEY, Sept 29 (Reuters) - The Australian dollar edged higher on Monday ahead of a central bank policy meeting where a rate hold is widely expected, though the focus will be on how policymakers guide future moves given the recent hawkish shift in market pricing. It also held onto gains on the kiwi,...Reuters
Mon, Sep 29
Australian Dollar gains as US Dollar weakens on government shutdown risks
The Australian Dollar (AUD) appreciates on Monday, with the AUD/USD pair extending its gains for the second consecutive session. The US Dollar (USD) weakens as traders brace for shutdown risks of the United States (US) government, beginning from October 1.
Fxstreet
Mon, Sep 29
NZD/USD strengthens above 0.5750 on growing risk of US government shutdown
The NZD/USD pair holds positive ground near 0.5770 during the early Asian trading hours on Monday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid the growing risk of a US government shutdown. Traders brace for the Fedspeak later on Monday.
Fxstreet
Mon, Sep 29
FOREX-Dollar on the defensive before data releases, risk of US government shutdown
Dollar shaky ahead of U.S. economic data, government shutdown riskU.S. government shutdown could delay nonfarm payrolls reportRecent resilient U.S. data trim bets of aggressive Fed rate cutsBy Rae Wee SINGAPORE, Sept 29 (Reuters) - The dollar was on the defensive on Monday ahead of a slew of U.S....Reuters
Mon, Sep 29
EUR/USD rebounds as Fed rate cut bets strengthen after PCE
EUR/USD recovers on Friday as traders’ confidence rises that the Federal Reserve would reduce interest rates after the release of the latest inflation report in the United States (US). At the time of writing, the pair trades at 1.1697 up 0.27%.Fxstreet
Fri, Sep 26
US dollar at risk if Trump can sway Fed to more dovish stance, says PGIM exec
By Davide Barbuscia NEW YORK, Sept 26 (Reuters) - The risk that pressure from U.S. President Donald Trump could shift the Federal Reserve to an overly dovish stance is the main near-term concern for the U.S. dollar, said a senior executive at U.S. asset manager PGIM Fixed Income.Trump has relentl...Reuters
Fri, Sep 26
FOREX-Dollar set for second weekly gain amid US economic resilience
US consumer spending rises in AugustPCE index rises in line with expectations Euro on track to snap three straight weeks of gainsDollar-yen on course for fifth consecutive week of gainsBy Chibuike Oguh NEW YORK, Sept 26 (Reuters) - The dollar fell but was still on course to notch a second straigh...Reuters
Fri, Sep 26
