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EXCLUSIVE-Nexperia's China unit resumes chip sales to domestic distributors, sources say
All transactions with local distributors must be settled in yuan, sources sayChina unit had previously settled in foreign currencies such as US dollarNexperia seeking alternative packaging capacity outside China, sources sayBy Che Pan and Wen-Yee Lee BEIJING/TAIPEI, Oct 23 (Reuters) - Dutch chip...Reuters
Thu, Oct 23
FOREX-Dollar edges up ahead of CPI, trade news; yen slips
Yen slips to one-week low as traders watch for Japan stimulus detailsSterling under pressure after inflation data buoys bets for rate cutCurrency trading subdued in absence of clear new catalystsBy Kevin Buckland TOKYO, Oct 23 (Reuters) - The dollar drifted higher against its major peers on Thurs...Reuters
Thu, Oct 23
EUR/USD edges down to near 1.1600 as US Dollar bounces back, US inflation data in focus
The EUR/USD pair ticks lower to near 1.1600 during the late Asian trading session on Thursday. The major currency pair faces slight selling pressure as the US Dollar (USD) gains ground after Wednesday’s corrective move.
Fxstreet
Thu, Oct 23
RPT-Turkish central bankers are teeing up slower rate cuts, investors say after meetings
By Karin Strohecker and Jonathan Spicer WASHINGTON/ISTANBUL, Oct 20 (Reuters) - Turkish central bankers told foreign investors in meetings last week that they were increasingly concerned about inflation and suggested they were ready to slow down the pace of interest rate cuts, according to four p...Reuters
Thu, Oct 23
FOREX-Dollar edges up ahead of CPI, trade news; yen slips
Yen slips to one-week low as traders watch for Japan stimulus detailsSterling under pressure after inflation data buoys bets for rate cutCurrency trading subdued in absence of clear new catalystsBy Kevin Buckland TOKYO, Oct 23 (Reuters) - The dollar drifted higher against its major peers on Thurs...Reuters
Thu, Oct 23
Australian Dollar gains following Trump’s upbeat comments on potential deals with China
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday after US President Donald Trump said that he thinks something will work out with China in a meeting scheduled with China's Xi Jinping in South Korea.
Fxstreet
Thu, Oct 23
Australia, NZ dollars play waiting game for key inflation reports
By Wayne Cole SYDNEY, Oct 23 (Reuters) - The Australian and New Zealand dollars held still on Thursday as the threat of a new round of U.S.-China trade restrictions curbed risk sentiment ahead of a key reading on U.S. inflation.Investors assume the U.S. consumer price report on Friday is unlikely...Reuters
Thu, Oct 23
USD/JPY posts modest losses below 192.00 as US government shutdown continues
The USD/JPY pair trades with mild losses near 151.90, snapping the three-day winning streak during the early Asian session on Thursday. The concerns over the US-China trade front and the ongoing US federal government shutdown weigh on the US Dollar (USD) against the Japanese Yen (JPY).Fxstreet
Wed, Oct 22
NZD/USD Price Forecast: Stuck in narrow range, waiting for catalyst
The NZD/USD consolidates within the 0.5700-0.5760 for the second straight day, as the 20-day Simple Moving Average (SMA) at 0.5764 capped the pair’s advance towards the 0.58 figure. At the time of writing, the pair trades at 0.5739, virtually unchanged.
Fxstreet
Wed, Oct 22
Bessent says Trump, Xi to hold 'pull-aside' meeting in South Korea
WASHINGTON, Oct 22 (Reuters) - U.S. Treasury Secretary Scott Bessent said on Wednesday that President Donald Trump is now scheduled for a "pull-aside" meeting with Chinese President Xi Jinping at an APEC summit in South Korea as the two countries spar over export controls.Bessent told Fox Bu...Reuters
Wed, Oct 22
