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GBP/JPY Price Forecast: Refreshes two-week high near 204.00, BoJ’s policy outcome awaited
The GBP/JPY pair posts a fresh two-week high near 204.00 on Monday, and trades 0.25% higher during the early European session.
GBP/JPY
Fxstreet
Mon, Oct 27
EUR/USD Price Forecast: Keeps bullish vibe above 1.1600 despite France’s deepening political crisis
The EUR/USD pair loses ground to near 1.1620 during the early European session on Monday. The Euro (EUR) softens against the US Dollar (USD) amid fears of political turmoil in France.
EUR/USD
Fxstreet
Mon, Oct 27
USD/CHF trades above 0.7950 after paring losses due to potential for US-China deals
USD/CHF depreciates after opening with a gap up, trading around 0.7960 during the Asian hours on Monday. The pair recovers its daily losses as the US Dollar (USD) gains ground on rising hopes that Presidents Donald Trump and Xi Jinping may finalize a trade deal on Thursday in South Korea.
USD/CHF
Fxstreet
Mon, Oct 27
Japanese Yen remains depressed as fiscal worries overshadow BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from an over two-week low touched against its American counterpart during the Asian session on Monday following the release of stronger domestic data.
USD/JPY
Fxstreet
Mon, Oct 27
Still in a 'good place'? Five questions for the ECB
The European Central Bank is all but certain to keep rates on hold again on Thursday as traders waver on whether it will resume easing next year.
Reuters
Mon, Oct 27
EUR/GBP edges lower to 0.8730; lacks follow-through amid BoE-ECB policy divergence
The EUR/GBP cross kicks off the new week on a softer note and moves further away from a nearly one-month high, around the 0.8745-0.8750 supply zone, touched on Friday.
EUR/GBP
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
EUR/JPY strengthens to near 178.00, traders await German IFO Business Survey data
The EUR/JPY cross gains ground near 178.00 during the early European session on Monday. The expectation that Japan's new Prime Minister Sanae Takaichi would maintain expansionary spending policies and resist early tightening weighs on the Japanese Yen (JPY) against the Euro (EUR).
EUR/JPY
Fxstreet
Mon, Oct 27
USD/INR opens higher despite US-India trade deal optimism
The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week. The USD/INR pair rises to near 88.10 even as hopes of the United States (US) and India reaching a trade deal have increased.
Fxstreet
Mon, Oct 27
Yuan jumps to month high on US trade deal optimism
SHANGHAI, Oct 27 (Reuters) - China's yuan jumped to a more-than-one-month high against the dollar on Monday, boosted by positive developments around trade relations between Beijing and Washington.The Chinese currency, traded both onshore and offshore, strengthened past the psychologically import...
Reuters
Mon, Oct 27
USD/CAD slips below 1.4000 due to Fed rate cut bets
USD/CAD depreciates after two days of little gains, trading around 1.3980 during the Asian hours on Monday.
USD/CAD
Fxstreet
Mon, Oct 27
India Morning Newsletter, October 27
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, Oct 27
China's yuan jumps to one-month high on positive trade developments with US
SHANGHAI, Oct 27 (Reuters) - China's yuan jumped to a more-than-one-month high against the dollar on Monday, boosted by positive developments around trade relations between Beijing and Washington.The Chinese currency, traded both onshore and offshore, strengthened past the psychologically import...
Reuters
Mon, Oct 27
Iron ore gains on US-China trade deal optimism
BEIJING, Oct 27 (Reuters) - Iron ore futures prices ticked up on Monday, as signs of easing trade tensions between China and the United States outweighed lingering concerns about demand in top consumer China.Top Chinese and U.S. economic officials on Sunday hashed out the framework of a trade deal f...
Reuters
Mon, Oct 27
Australia, NZ dollars get lift on hints of US-China trade thaw
By Wayne Cole SYDNEY, Oct 27 (Reuters) - The Australian and New Zealand dollars hopped to two-week highs on Monday as signs of progress in U.S.-China trade talks boosted risk sentiment globally, while giving bonds a mild knock.The Antipodeans have open economies heavily dependent on exports to Ch...
Reuters
Mon, Oct 27
Australian Dollar maintains position due to US-China trade optimism
The Australian Dollar (AUD) edges lower against the US Dollar (USD) after opening from a gap up on Monday due to optimism over progress in the United States (US)–China trade negotiations.
AUD/USD
Fxstreet
Mon, Oct 27
QUOTES-Investor reaction to Milei's victory in Argentina midterm congressional vote
NEW YORK, Oct 26 (Reuters) - Early results in Argentina's legislative elections on Sunday showed a victory for President Javier Milei as voters strongly backed his free-market reforms and deep austerity measures, providing a strong boost for the libertarian leader to continue his economic overha...
Reuters
Mon, Oct 27
NZD/USD gathers strength above 0.5750 on easing US-China trade tensions
The NZD/USD pair attracts some buyers to around 0.5770 during the early Asian session on Monday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on renewed optimism around US-China trade talks.
NZD/USD
Fxstreet
Mon, Oct 27
EUR/USD gains ground toward 1.1650 ahead of German IFO Business Survey data
EUR/USD remains stronger for the fourth successive session, trading around 1.1640 during the Asian hours on Monday.
EUR/USD
Fxstreet
Mon, Oct 27
PBOC sets USD/CNY reference rate at 7.0881 vs. 7.0928 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0881 compared to Friday's fix of 7.0928 and 7.1146 Reuters estimate.
USD/CNH
Fxstreet
Mon, Oct 27
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