News
Important Only
GBP/USD: Expected to trade in a range between 1.3460 and 1.3530 – UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.3460 and 1.3530. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Sep 8
RPT-COLUMN-Dollar's haven status may have always been a mirage: Mike Dolan
By Mike Dolan LONDON, Sept 8 (Reuters) - The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.For much of ...Reuters
Mon, Sep 8
Argentina's bonds point to heavy falls after Milei drubbing
LONDON, Sept 8 (Reuters) - Argentina's international bonds were pointing 5-6 points lower on Monday, investors said, after President Javier Milei's ruling party suffered a heavy defeat to opposition Peronists in a weekend election in the key province of Buenos Aires.Based on provisional offi...Reuters
Mon, Sep 8
EMERGING MARKETS-Indonesia stocks fall after finance minister ousted, Turkish assets continue slide
EM stocks up 0.7%, FX up 0.2%Fitch revises Poland's outlook to 'negative'Turkey's main opposition calls for ralliesWorld Bank cuts Vietnam's growth forecastBy Pranav Kashyap and Twesha Dikshit Sept 8 (Reuters) - Indonesian stocks reversed early gains and the rupiah spiked afte...Reuters
Mon, Sep 8
GBP/JPY Price Forecast: Bulls face strong resistance at 200.30
The British Pound attempted to appreciate against a weaker Yen in the early morning trade, but sellers appeared at the 200.30 area, sending the pair 0.15% lower to the mid-range of the 199.00s.The Japanese Yen depreciated across the board in early trading as investors reacted to the announcement of
Fxstreet
Mon, Sep 8
Sterling holds firm against dollar after weak US jobs report
LONDON, Sept 8 (Reuters) - The pound hovered largely unchanged on Monday, having posted its biggest one-day rally against the dollar in two weeks on Friday, following surprisingly weak U.S. employment data that has cemented expectations for a U.S. rate cut this month.Sterling GBP=D3 was last unchang...Reuters
Mon, Sep 8
South Korea says to finalise US trade deal by learning from Japan agreement
Finance minister says Japan's trade deal provides referenceForeign minister sees any deal similar to Japan's problematicOfficials negotiating details of investment packageSouth Korea's trade deal to include foreign exchange policyBy Yena Park and Jihoon Lee SEJONG, South Korea, Sept 8...Reuters
Mon, Sep 8
FOREX-Yen dented by Japan PM's resignation announcement; dollar wobbles
Yen falls on heightened political uncertainty in JapanIshiba's resignation clouds BOJ outlookFrench politics also in focusInvestors pricing in slight chance of outsized September Fed cutBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, Sept 8 (Reuters) - The yen fell on Monday after Japanese Pri...Reuters
Mon, Sep 8
EUR/JPY Price Forecast: Falls to near 173.00 after pulling back from 14-month lows
EUR/JPY loses ground after opening from a gap up, trading around 173.10 during the European hours on Monday. The technical analysis of the daily chart suggests a persistent bullish bias as the currency cross is moving upwards within the ascending channel pattern.
Fxstreet
Mon, Sep 8
