News
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EUR/GBP retraces losses and approaches Friday’s highs, near 0.8730
The Euro has retraced previous losses against the British Pound during the European Morning session on Monday. The Pair bounced at 0.8710 to return above 0.8720 yet still within the upper area of Friday’s trading range.
Fxstreet
Mon, Sep 22
USD/CHF retreats below 0.7950 with Fed speakers on focus
The US Dollar rally against the Swiss franc was capped at 0.7970 on Monday, and the pair retreated to levels right below 0.7945 as market sentiment deteriorated during the European Session, with all eyes on a slew of Fed speakers due later today.Five Fed Governors are scheduled to give further detai
Fxstreet
Mon, Sep 22
INDIA RUPEE-Rupee slips as H-1B visa fee hit for Indian stocks drags sentiment
MUMBAI, Sept 22 (Reuters) - The Indian rupee closed slightly weaker on Monday as new U.S. visa norms weighed on markets and dragged IT stocks lower, with traders expecting the currency to stay under pressure until there is progress on U.S.-India trade talksThe rupee INR=IN closed at 88.3075 against ...Reuters
Mon, Sep 22
COLUMN-ECB can still frustrate euro surge with 'contingency cut': Mike Dolan
By Mike Dolan LONDON, Sept 22 (Reuters) - Financial markets think the European Central Bank has found its "happy place" with a policy rate of 2%. An outsize surge in the euro might change that, which means it probably has another cut in its back pocket just in case.The threat of an ECB &#...Reuters
Mon, Sep 22
Walmart-backed PhonePe's losses shrink ahead of anticipated listing
The company reported a loss of 19.96 billion rupees in the year ended March 2024.PhonePe, among the most widely used apps in India to make payments via the country's popular unified payments interface (UPI), is preparing for a public listing on the country's stock exchanges, the firm said in...Reuters
Mon, Sep 22
Sterling rises versus dollar, but fiscal concerns still in focus
By Stefano Rebaudo (Reuters, Sept 22) - Sterling edged up against the dollar on Monday as investors paused following Friday's selloff driven by fiscal concerns.The dollar edged down as investors await speeches from Federal Reserve officials throughout the week that could provide further clues...Reuters
Mon, Sep 22
EMERGING MARKETS-EM stocks kick off the week higher, Indian stocks strained by US visa row
EM stocks up 0.24% on day, FX flatIndian IT stocks fall on US visa concernsRate decision in Hungary, Czech Republic later this weekIndonesian rupiah hits five-month lowBy Nikhil Sharma (Reuters) - Emerging market stocks edged higher on Monday and currencies flattened ahead of the week's cruci...Reuters
Mon, Sep 22
INSIGHT-Euro's 'global moment' risks slipping away amid political division
Europe has long sought to boost the euro currency's influenceGlobal reserve managers are seeking alternatives to the dollarLimits of European integration are being testedBy Balazs Koranyi, Jan Strupczewski and Elisa Martinuzzi FRANKFURT/BRUSSELS/LONDON Sept 22 (Reuters) - - As alarm over Dona...Reuters
Mon, Sep 22
FOREX-Dollar edges up ahead of deluge of Fed speakers
Slew of Fed speakers lined up this weekSpotlight on hawkish Fed governors Hammack, MusalemDollar firm; sterling drops to two-week lowChina keeps benchmark lending rates unchangedBy Rae Wee and Stefano Rebaudo Sept 22 (Reuters) - The dollar rose slightly on Monday as traders looked ahead to a slew...Reuters
Mon, Sep 22
EUR/USD drifts lower as US Dollar extends gains with Fed speakers on tap
EUR/USD starts the week in the same weak tone seen at the end of the previous one, extending its reversal from long-term highs above 1.1900 set on Wednesday to trade near 1.1740 at the time of writing on Monday.
Fxstreet
Mon, Sep 22
EUR/JPY Price Forecast: Crucial resistance level emerges near 174.50
The EUR/JPY cross gains ground near 174.00 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as political uncertainty in Japan and economic headwinds stemming from US tariffs could give the BoJ more reasons to delay raising interest rates.
Fxstreet
Mon, Sep 22
USD/CHF refreshes weekly high around 0.7970 as US Dollar outperforms
The USD/CHF pair posts a fresh weekly high around 0.7970 during the late Asian trading session on Monday. The Swiss Franc pair strengthens as the US Dollar (USD) outperforms its peers over the past few days since the monetary policy announcement by the Federal Reserve (Fed) on Wednesday.Fxstreet
Mon, Sep 22
FOREX-Dollar steadies ahead of deluge of Fed speakers
Slew of Fed speakers on deck this weekDollar firm, sterling falls to two-week lowChina leaves benchmark lending rates unchangedBy Rae Wee SINGAPORE, Sept 22 (Reuters) - The dollar was steady on Monday as traders looked ahead to a slew of speeches from Federal Reserve officials throughout the week...Reuters
Mon, Sep 22
GBP/JPY sticks to intraday recovery gains above mid-199.00s amid notable JPY weakness
The GBP/JPY cross attracts some buyers near the 199.20 area, or a two-week low touched during the Asian session on Monday, and for now, seems to have stalled last week's retracement slide from the highest level since July 2024.
Fxstreet
Mon, Sep 22
