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NZD: Price pressure remains high – Commerzbank
Next Wednesday, the Reserve Bank of New Zealand will meet for its last monetary policy meeting of the year and also for the last time under the leadership of Acting Governor Christian Hawkesby, Commerzbank's FX analyst Volkmar Baur notes.
Fxstreet
Mon, Nov 17
USD/JPY: Will 155 break? – OCBC
USD/JPY continued to trade near recent highs. Opposing forces of fiscal concerns, delayed BOJ policy normalisation, risk sentiments and intervention risks should continue to drive the pair. USD/JPY last seen at 154.75 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Mon, Nov 17
USD/CAD pulls back from 1.4150 resistance – Société Générale
USD/CAD is retreating after rejecting resistance near 1.4150 and is now moving toward the 200-DMA and key channel support at 1.3930/1.3880. A bounce is possible at this zone, but a break below it would open the door to further losses, Société Générale's FX analysts note.
Fxstreet
Mon, Nov 17
UK Twitter hacker who breached Obama's account ordered to repay $5.4 million in Bitcoin
LONDON, Nov 17 (Reuters) - A man convicted over a 2020 Twitter hack that compromised accounts of high-profile figures including former U.S. President Barack Obama has been ordered to repay 4.1 million pounds ($5.40 million) worth of Bitcoin, British prosecutors said on Monday.Joseph James O’Connor, ...Reuters
Mon, Nov 17
FOREX-Dollar inches higher as investors brace for US data deluge
US data dump begins this week, September payrolls due ThursdayCurrency traders on guard, US dollar firmsSterling under pressure in run-up to UK budgetJapan's economy contracts for first time in six quartersBy Rae Wee and Alun John SINGAPORE/LONDON, Nov 17 (Reuters) - World currency markets st...Reuters
Mon, Nov 17
GBP/JPY Price Forecast: Pound hesitates ahead of the 204.00 level
The Pound appreciates moderately against the Japanese Yen on Monday, reverting some of Friday’s lows and returning to the upper range of the 203-00s. The long wicks on the daily chart, however, reveal hesitation ahead of a significant resistance area, between 204.05 and 204.25.
Fxstreet
Mon, Nov 17
Japan government panel member Kataoka calls for $149 billion stimulus package
Govt can issue 10 trln yen in new bonds to fund packageBOJ should wait until March or April in raising ratesRecent yen falls rapid, excessive weakness undesirableGovt should issue bonds to fund spending on educationBy Leika Kihara and Yoshifumi Takemoto TOKYO, Nov 17 (Reuters) - Japan must compil...Reuters
Mon, Nov 17
UK Twitter hacker who breached Obama accounts ordered to repay 4.1 million pounds in Bitcoin
LONDON, Nov 17 (Reuters) - A man convicted over a 2020 Twitter hack that compromised accounts of high-profile figures including former U.S. President Barack Obama has been ordered to repay 4.1 million pounds ($5.40 million) worth of Bitcoin, British prosecutors said on Monday. ($1 = 0.7596 pounds)Reuters
Mon, Nov 17
Silver Price Forecast: XAG/USD consolidates losses below $51.00
Silver (XAG/USD) is showing a mild recovery attempt on Monday. The pair bounced up from $50.00 lows on Friday but is struggling to find acceptance above the $51.00 level. which leaves price action hovering in no man's land, after a sharp reversal from the $54.30 area last week.
Fxstreet
Mon, Nov 17
Canada CPI expected to ease slightly in October as markets assess BoC policy path
All eyes will be on Monday’s inflation report, as Statistics Canada releases October’s CPI figures. The data will give the Bank of Canada (BoC) a much-needed update on price pressures ahead of its December 10 meeting, where policymakers are widely expected to keep rates steady at 2.25%.Fxstreet
Mon, Nov 17
NZD/USD stays near 0.5700 as Trump removes tariffs on New Zealand exports
NZD/USD gained for the second successive session, trading around 0.5680 during the European hours on Monday. The New Zealand Dollar (NZD)after US President Donald Trump on Friday lifted tariffs on New Zealand exports worth about NZ$2.21 billion ($1.25 billion) annually.Fxstreet
Mon, Nov 17
RPT-Japan government panel member Kataoka calls for $149 billion stimulus package
By Leika Kihara and Yoshifumi Takemoto TOKYO, Nov 17 (Reuters) - Japan must compile a stimulus package of around $149 billion to support an economy hobbled by U.S. tariffs and weak consumption, Goushi Kataoka, a private-sector member of a key government panel, told Reuters on Monday.The proposed ...Reuters
Mon, Nov 17
Japan government panel member Kataoka calls for $149 billion stimulus package
By Leika Kihara and Yoshifumi Takemoto TOKYO, Nov 17 (Reuters) - Japan must compile a stimulus package of around $149 billion to support an economy hobbled by U.S. tariffs and weak consumption, Goushi Kataoka, a private-sector member of a key government panel, told Reuters on Monday.The proposed ...Reuters
Mon, Nov 17
USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.4050
USD/CAD moves little after registering modest losses in the previous session, trading around 1.4020 during the European hours on Monday. The daily chart’s technical setup reflects a sustained bullish bias, with the pair continuing to trade within its ascending channel.Fxstreet
Mon, Nov 17
FOREX-Dollar edges higher as investors brace for US data deluge
US data dump begins this week, September payrolls due ThursdayCurrency traders on guard, US dollar firmsSterling under pressure in run-up to UK budgetJapan's economy contracts for first time in six quartersBy Rae Wee SINGAPORE, Nov 17 (Reuters) - The dollar firmed slightly on Monday as invest...Reuters
Mon, Nov 17
EUR/GBP holds steady above 0.8800 as BoE rate cut expectations grow
The EUR/GBP cross flat lines around 0.8825 during the early European session on Monday. Concerns about the UK's fiscal debt and weak UK economic data could undermine the Pound Sterling (GBP) against the Euro (EUR).
Fxstreet
Mon, Nov 17
