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Russia says PM Mishustin visiting China for 'very important' visit
Russian Prime Minister Mikhail Mishustin departed for a two-day visit to China on Monday, which the Kremlin says is significant, including planned talks with Chinese President Xi Jinping, the Russian government and state media said.
Reuters
Mon, Nov 3
Japanese Yen languishes near multi-month low against bullish USD amid BoJ uncertainty
The Japanese Yen (JPY) remains on the defensive against a bullish US Dollar (USD) at the start of a new week and is currently placed near its lowest level since February 14, touched last Thursday.
USD/JPY
Fxstreet
Mon, Nov 3
USD/CHF trades firmly near 0.8050 ahead of Swiss inflation data
The USD/CHF pair demonstrates strength near an over two-week high around 0.8050 during Monday’s Asian session. The Swiss Franc pair trades firmly as the US Dollar (USD) holds onto gains due to receding speculation for further monetary policy easing by the Federal Reserve (Fed) this year.
USD/CHF
Fxstreet
Mon, Nov 3
Silver Price Forecast: XAG/USD rises to near $49.00 due to renewed safe-haven demand
Silver price (XAG/USD) recovers its recent losses from the previous session, trading around $48.80 per troy ounce during the Asian hours on Monday.
Silver
Fxstreet
Mon, Nov 3
GBP/JPY steadies around mid-202.00s amid BoJ uncertainty; UK fiscal concerns cap gains
The GBP/JPY cross attracts some buyers near the 202.30-202.25 area during the Asian session on Monday, though it lacks follow-through.
GBP/JPY
Fxstreet
Mon, Nov 3
USD/INR trades firmly as US Dollar strengthens on easing Fed dovish bets
The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) near its over two-week high around 88.95 at the start of the new month on Monday. The USD/INR pair aims to extend its six-day winning streak as the Indian Rupee (INR) continues to underperform due to Foreign Institutional Inves
Fxstreet
Mon, Nov 3
USD/CAD treads water above 1.4000 due to cautious Fed policy outlook
USD/CAD remains steady after two days of gains, trading around 1.4010 during the Asian hours on Monday. The pair struggles as the Canadian Dollar (CAD) gains ground on higher Oil prices. It is important to note that Canada is the largest crude exporter to the United States (US).
USD/CAD
Fxstreet
Mon, Nov 3
NZD/USD flat lines near 0.5700 after weaker Chinese PMI data
The NZD/USD pair trades on a flat note near 0.5715 during the Asian trading hours on Monday. The potential upside for the New Zealand Dollar (NZD) seems limited after the downbeat China's Manufacturing Purchasing Managers' Index (PMI) data.
NZD/USD
Fxstreet
Mon, Nov 3
India Morning Newsletter, November 3
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Nov 3
Australian dollar finds support as rates seen on hold
By Wayne Cole SYDNEY, Nov 3 (Reuters) - The Australian dollar was left to drift on Monday after a mixed bag of economic news did little to move the dial on expectations for steady interest rates this week, while keeping alive the chance of an eventual easing.The Reserve Bank of Australia meets on...
Reuters
Mon, Nov 3
FOREX-Dollar flirts with three-month peak as investors look to US data releases
Dollar buoyant, yen still under pressureFocus on private data releases as U.S. government shutdown drags onMarkets alert to more jawboning from TokyoRate decisions from BoE, RBA due this weekBy Rae Wee SINGAPORE, Nov 3 (Reuters) - The dollar firmed to a near three-month high on Monday as investor...
Reuters
Mon, Nov 3
PBOC sets USD/CNY reference rate at 7.0867 vs. 7.0880 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0867 compared to the Friday's fix of 7.0880 and 7.1171 Reuters estimate.
USD/CNH
Fxstreet
Mon, Nov 3
EUR/USD holds losses below 1.1550 as Fed rate cut bets decrease
EUR/USD edges lower and continues its losing streak for the fourth successive session, trading around 1.1530 during the Asian hours on Monday.
EUR/USD
Fxstreet
Mon, Nov 3
GBP/USD hangs near its lowest level since April 14, seems vulnerable below mid-1.3100s
The GBP/USD pair remains depressed below mid-1.3100s at the start of a new week and languishes near its lowest level since April 14, touched on Friday.
GBP/USD
Fxstreet
Mon, Nov 3
USD/JPY holds positive ground above 154.00 on Powell's cautious remarks
The USD/JPY pair trades with mild gains near 154.05 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) as the Bank of Japan (BoJ) disappointed traders hoping for a more hawkish stance on future rate hikes.
USD/JPY
Fxstreet
Sun, Nov 2
South Korean president Lee asks China's Xi for help engaging North Korea
Xi visits South Korea for first time in 11 yearsNorth Korea has rejected South's offers of engagementPyongyang has deepened ties with Russia, ChinaU.S.-allied South Korea sees rise in anti-China protestsGYEONGJU, South Korea, Nov 1 (Reuters) - South Korean President Lee Jae Myung sought Chinese ...
Reuters
Sat, Nov 1
China, South Korea sign agreements including currency swap, Seoul says
GYEONGJU, South Korea, Nov 1 (Reuters) - China and South Korea signed seven agreements on Saturday including a bilateral currency swap, South Korea's presidential office said in a statement.
Reuters
Sat, Nov 1
FOREX-Yen faces worst monthly drop since July as BOJ disappoints
BOJ holds rates, disappoints traders hoping for hawkish stanceFed dampens expectations for December rate cut, dollar gainsEuro and sterling fall as ECB and BOE maintain ratesBy Karen Brettell NEW YORK, Oct 31 (Reuters) - The Japanese yen was heading for a monthly loss against the U.S. dollar on F...
Reuters
Fri, Oct 31
CANADA FX DEBT-Canadian dollar adds to monthly decline as domestic economy falters
Canadian dollar falls 0.2% against the greenbackPosts a decline of 0.7% in OctoberGDP declines 0.3% in August10-year yield was little changed at 3.130%By Fergal Smith TORONTO, Oct 31 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday, adding to its monthly decline, as...
Reuters
Fri, Oct 31
EUR/USD slides to three-month low as Fed’s hawkish tone fuels US Dollar rally
The Euro (EUR) weakens further against the US Dollar (USD) on Friday, with EUR/USD slipping to a three-month low. The pair remains under pressure as the Greenback draws support from the Federal Reserve’s (Fed) hawkish tone after delivering a widely expected 25-basis-point rate cut earlier this week.
EUR/USD
Fxstreet
Fri, Oct 31
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