News
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EUR/JPY Price Forecast: Hovers around 176.00 after rebounding from confluence support zone
EUR/JPY halts its four-day losing streak, trading around 176.00 during the European hours on Tuesday. The technical analysis of the daily chart indicates an ongoing bullish bias as the currency cross is positioned within the ascending channel pattern.
Fxstreet
Tue, Oct 21
FOREX-Yen weakens after Takaichi elected as Japan's PM
Yen falls after Takaichi wins lower house voteInvestors expect greater government spending under TakaichiOther currencies rangebound; overall market mood buoyantBy Rae Wee SINGAPORE, Oct 21 (Reuters) - The yen slid after hardline conservative Sanae Takaichi was elected as Japan's first female...Reuters
Tue, Oct 21
AUD/JPY Price Forecast: Remains firm above 98.00, Takaichi wins majority in Lower House
The AUD/JPY cross trades in positive territory near 98.25 during the early European session on Tuesday. The Japanese Yen (JPY) edges lower against the Australian Dollar (AUD) as the dovish Sanae Takaichi is poised to become the first female Prime Minister.
Fxstreet
Tue, Oct 21
USD/CHF edges higher to near 0.7930 amid easing US-China trade tensions
The USD/CHF pair ticks up to near 0.7930 during the Asian trading session on Tuesday. The Swiss Franc pair edges higher as the US Dollar (USD) extends its two-day recovery move amid easing trade frictions between the United States (US) and China.
Fxstreet
Tue, Oct 21
Japan's next finance minister could unsettle the yen bears
Media reports Katayama to be appointed next finance ministerKatayama said yen's real value is closer to 120-130 per dollarA former finance bureaucrat, she has knack for FX diplomacyHer experience drafting budget may help Takaichi do big spendingBy Leika Kihara and Makiko Yamazaki TOKYO, Oct 2...Reuters
Tue, Oct 21
Yuan firms as China sets strongest fix in a year
SHANGHAI, Oct 21 (Reuters) - The yuan strengthened against the U.S. dollar on Tuesday after China's central bank set the daily midpoint at its firmest level in a year, while investors awaited details from a key political meeting in Beijing.Meanwhile, U.S. President Donald Trump said on Monday he...Reuters
Tue, Oct 21
EUR/USD falls further to near 1.1630 ahead of ECB Lagarde’s speech
The EUR/USD pair extends its two-day downside move to near 1.1630 during the Asian trading session on Tuesday. The major currency pair faces selling pressure as the US Dollar (USD) gains on hopes that the ongoing United States (US) government shutdown will end this week.
Fxstreet
Tue, Oct 21
USD/CAD strengthens to near 1.4050 ahead of Canadian CPI inflation release
The USD/CAD pair edges higher to near 1.4045 during the Asian trading hours on Tuesday. The Canadian Dollar (CAD) softens against the US Dollar (USD) on a decline in crude oil prices. The Canadian Consumer Price Index (CPI) inflation data for September will be the highlight later on Tuesday.Fxstreet
Tue, Oct 21
Australian Dollar receives support from US-Australia critical minerals deal
The Australian Dollar (AUD) advances against the US Dollar (USD) on Tuesday, extending its gains for the third successive session. The AUD/USD pair appreciates as the AUD receives support from improved market sentiment amid progress on a United States (US)-Australia trade agreement.
Fxstreet
Tue, Oct 21
Australia, NZ dollars supported as risk revival offsets shrinking spreads
By Wayne Cole SYDNEY, Oct 21 (Reuters) - The Australian and New Zealand dollars were on steadier footing on Tuesday as an improvement in global risk sentiment supported the two trade-exposed currencies and helped offset shrinking yield spreads.The kiwi's yield buffer is down to almost nothing...Reuters
Tue, Oct 21
FOREX-Yen on guard ahead of parliament vote for next prime minister
Yen tentatively up ahead of PM vote in JapanInvestors expect greater government spending under TakaichiCurrencies rangebound; overall market mood buoyantBy Rae Wee SINGAPORE, Oct 21 (Reuters) - The yen held steady on Tuesday, ahead of a parliament vote in Japan later in the day that is almost cer...Reuters
Tue, Oct 21
