News
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USD/CNH holds firm despite trade truce and Yuan resilience – Rabobank
On April 8 2025 the USD/CNH exchange rate reached an all-time high touching a level of 7.4273. This was obviously a market reaction on the tit for that trade war escalation between the US and China, Rabobank's macro analyst Teeuwe Mevissen reports.
Fxstreet
Mon, Oct 20
Argentina's central bank says it signed $20 billion currency swap deal with US
MEXICO CITY, Oct 20 (Reuters) - Argentina's central bank said on Monday it signed a deal for a $20 billion exchange rate stabilization agreement with the U.S. Treasury Department, six days ahead of a key midterm election.Reuters
Mon, Oct 20
Sterling snaps 3-day rising streak versus dollar, awaits inflation data
By Stefano Rebaudo (Reuters) - Sterling snapped a three-day winning streak against the dollar and fell versus the euro on Monday, as concerns over the British economy weighed on sentiment.Economists expect Wednesday's UK services inflation data to undershoot the Bank of England's projecti...Reuters
Mon, Oct 20
Brag House Holdings Merger Partner, House of Doge - The Official Corporate Arm of the Dogecoin Foundation - Makes History by Becoming the First Cryptocurrency Company To Buy A Professional Football Club
Oct 20 (Reuters) - Arm Holdings PLC O9Ty.F:BRAG HOUSE HOLDINGS MERGER PARTNER, HOUSE OF DOGE - THE OFFICIAL CORPORATE ARM OF THE DOGECOIN FOUNDATION - MAKES HISTORY BY BECOMING THE FIRST CRYPTOCURRENCY COMPANY TO BUY A PROFESSIONAL FOOTBALL CLUBFurther company coverage: [O9Ty.F]Reuters
Mon, Oct 20
RPT-FOREX-Dollar wavers with politics, credit risks and trade tensions in the spotlight
Investors still worried about US credit risks and US-China trade tensionsPolitics back in focus as Takaichi looks set to become prime ministerYen caught between hawkish BOJ and dovish fiscal expectationsMarkets still wary about French political risksBy Stefano Rebaudo Oct 20 (Reuters) - The dolla...Reuters
Mon, Oct 20
NZD/USD wavers below 0.5750 despite hot NZ inflation, China data
The New Zealand Dollar’s recovery attempt seen after the release of hotter New Zealand inflation figures and upbeat Chinese data has been limited below 0.5750, and the pair trimmed gains shortly afterwards, returning to 0.5725 during Monday’s European session.Price pressures accelerated to a 3% year
Fxstreet
Mon, Oct 20
EUR: A landmark EU meeting for the euro? – Commerzbank
This week, the EU heads of state and government are gathering in Brussels. A central topic of discussion will be the European Union's rearmament efforts, aiming for Europe to be fully defense-capable, i.e. militarily independent from the United States by 2030.
Fxstreet
Mon, Oct 20
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
Mon, Oct 20
Switzerland, EU amend deal on tax information exchange
FRANKFURT, Oct 20 (Reuters) - Switzerland and the European Union agreed to update their existing pact on exchanging information on the taxation of financial accounts to reflect the collection of value-added taxes, the Swiss government said on Monday.The agreement also contains provisions on withhold...Reuters
Mon, Oct 20
EUR: At fair value – ING
The eurozone calendar is empty until Friday’s PMI and EUR/USD moves will primarily depend on market sentiment about the US credit market. What is important to note is that EUR/USD is spot on its short-term fair value (1.167) despite the recent rally, ING's FX analyst Francesco Pesole notes.Fxstreet
Mon, Oct 20
RPT-FOREX-US dollar up against yen, slips versus euro as focus turns back to politics
Investors still worried about US credit risks and US-China trade tensionsPolitics back in focus as Takaichi is poised to become prime ministerYen pulled in two directions by hawkish BOJ and dovish government expectationsMarkets unwilling to price out French political risksBy Stefano Rebaudo and Kevi...Reuters
Mon, Oct 20
