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GBP/USD: Likely to trade in a range between 1.3295 and 1.3360 – UOB Group
Pound Sterling (GBP) could trade in a range between 1.3295 and 1.3360. In the longer run, for a continued decline, GBP must first close below 1.3295, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Oct 27
FOREX-Dollar mixed as investors eye central bank decisions, trade talks
Fed’s possible decision on quantitative tightening in focusAny hawkish guidance from the Bank of Japan could move the yenTrump says he expects a trade deal with ChinaThe yuan climbs to its strongest level in nearly six weeksBy Stefano Rebaudo and Rocky Swift Oct 27 (Reuters) - The U.S. dollar was...Reuters
Mon, Oct 27
Silver Price Forecast: XAG/USD holds losses below $48.00 due to risk-on mood
Silver price (XAG/USD) extends its gains for the second successive session, trading around $48.00 per troy ounce during the European hours on Monday. The price of the grey metal declines due to weakened safe-haven demand, driven by the progress in the United States (US)-China trade negotiations.
Fxstreet
Mon, Oct 27
Trump says Milei had 'a lot of help' from US for Argentina election win
ABOARD AIR FORCE ONE, Oct 27 (Reuters) - President Donald Trump said on Monday that Argentina's President Javier Milei had a "lot of help" from the U.S. in his party's midterm election victory, after Trump's administration offered a bailout potentially worth $40 billion to boost ...Reuters
Mon, Oct 27
USD/CAD Price Forecast: Testing range bottom, at the 1.3975 area
The US Dollar is on its back foot agains its Canadian counterpart on Monday. The risk-on market amid hopes of a Sino-US trade deal and the recent rally in Oil prices are weighing on the pair, which is testing the bottom of the last three weeks' trading range, at the 1.3975 area at the moment.
Fxstreet
Mon, Oct 27
Pound Sterling struggles against US Dollar as UK labor market risks linger
The Pound Sterling (GBP) gives up early gains against the US Dollar (USD) on Monday, flattening at around 1.3310 during the European trading session and on track to extend its losing streak for a seventh trading day.Fxstreet
Mon, Oct 27
EUR/JPY Price Forecast: Hovers around 178.00 after pulling back from record highs
EUR/JPY halts its four-day winning streak, trading around 177.80 during the European hours on Monday. The technical analysis of the daily chart indicates the prevailing bullish bias as the currency cross remains within the ascending channel pattern.
Fxstreet
Mon, Oct 27
Argentina's midterm election hands decisive win to Milei's libertarian overhaul
Milei wins decisive victory in congressional midterm voteElection win will enable him to continue economic overhaulTrump has conditioned future support for Argentina on Milei triumphBy Nicolás Misculin and Leila Miller BUENOS AIRES, Oct 26 (Reuters) - Argentine President Javier Milei's party...Reuters
Mon, Oct 27
Iron ore nears two-week high on US-China trade deal optimism
By Amy Lv and Lewis Jackson BEIJING, Oct 27 (Reuters) - Iron ore futures prices climbed on Monday to their highest in nearly two weeks, as optimism over easing trade tensions between China and the United States, the world's two largest economies, outweighed demand concerns in top consumer Chi...Reuters
Mon, Oct 27
NZD/USD holds positive ground above 0.5750 on US-China trade deal progress
The NZD/USD pair holds positive ground near 0.5765 during the early European session on Monday. Easing tensions over the US-China trade tensions between the US and China provides some support to the New Zealand Dollar (NZD) against the US Dollar (USD).
Fxstreet
Mon, Oct 27
FOREX-Dollar hits two-week high against yen as trade talks, Fed meeting loom
Fed widely expected to cut interest rate amid moderate inflationBank of Japan likely to maintain current policy rateTrump set to meet Xi at APEC summitBy Rocky Swift TOKYO, Oct 27 (Reuters) - The U.S. dollar rose to a more-than-two-week high against the yen on Monday at the start of a packed week...Reuters
Mon, Oct 27
