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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
EUR/JPY rises on Yen weakness after coalition confirmation, Euro weighed by data
EUR/JPY edges higher on Monday, gaining 0.10% to 175.70 at the time of writing. After hitting a two-week low on Friday, the pair benefits from renewed Japanese Yen (JPY) weakness amid a shifting political landscape in Tokyo.
Fxstreet
Mon, Oct 20
AUD/USD trades marginally higher around 0.6500 amid receding US-China trade tensions
The AUD/USD pair ticks up to near 0.6500 during the Asian trading session on Monday. The Aussie pair edges higher as the Australian Dollar (AUD) gains slightly, following hopes that trade frictions between the United States (US) and China are receding.
Fxstreet
Mon, Oct 20
Pound Sterling consolidates against US Dollar at the start of UK-US inflation week
The Pound Sterling (GBP) trades flat around 1.3425 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair struggles for a direction, while the US Dollar (USD) stabilizes on easing trade frictions between the United States (US) and China.
Fxstreet
Mon, Oct 20
Bank of Korea says swap line not appropriate tool for US trade deal
SEOUL, Oct 20 (Reuters) - South Korea's central bank governor said on Monday no discussions had taken place with the U.S. Federal Reserve on establishing a bilateral currency swap line, as it was not an appropriate tool to be considered for a trade deal. Governor Rhee Chang-yong said it was irre...Reuters
Mon, Oct 20
USD/CAD Price Forecast: Rises toward 1.4050 due to potential for bullish reversal
USD/CAD inches higher after registering losses in the previous session, trading around 1.4030 during the European hours on Monday. The technical analysis of the daily chart suggests a bullish reversal as the pair is attempting a rebound within the ascending channel pattern.
Fxstreet
Mon, Oct 20
EUR/USD wavers directionless amid a moderate risk-on mood
EUR/USD remains practically flat on Monday's early European opening, trading at 1.1665 at the moment of writing. The pair bounced at 1.1650 earlier on the day, favoured by a somewhat brighter market mood on signs of easing tensions between the US and China, but it is lacking upside momentum.Fxstreet
Mon, Oct 20
FOREX-Aussie gains on easing trade tensions, resilient Chinese economy
Trump softens tariff rhetoric on China, says meeting with Xi still onChinese growth tops estimates despite trade war with WashingtonYen pulled in two ways by hawkish BOJ, dovish government expectationsBy Kevin Buckland TOKYO, Oct 20 (Reuters) - The Australian dollar rose on Monday, cheered by rea...Reuters
Mon, Oct 20
Bank of Korea governor says no discussions with Fed on FX swap
SEOUL, Oct 20 (Reuters) - South Korea's central bank governor said on Monday no discussions had taken place with the U.S. Federal Reserve on establishing a bilateral currency swap line. Governor Rhee Chang-yong said it was irrelevant to the problems the country was facing, apparently referring t...Reuters
Mon, Oct 20
EUR/USD strengthens above 1.1650, budget uncertainty might cap gains
The EUR/USD pair gains traction near 1.1670 during the early European session on Monday. The Euro (EUR) strengthens against the US Dollar (USD) amid improved risk sentiment. However, elevated budget uncertainty in France might cap the upside for the major pair.Fxstreet
Mon, Oct 20
NZD/USD sticks to stronger NZ CPI/China data-inspired gains; remains below mid-0.5700s
The NZD/USD pair gains some positive traction at the start of a new week following the release of the latest consumer inflation figures from New Zealand. Spot prices, however, lack follow-through buying and remain below mid-0.5700s through the Asian session.
Fxstreet
Mon, Oct 20
USD/INR opens lower at the start of holiday-shortened week in India
The Indian Rupee (INR) opens on a slightly positive note against the US Dollar (USD) at the start of the holiday-shortened week on Monday. Indian currency markets will remain closed on Tuesday and Wednesday on account of Diwali Laxmi Pujan and Balipratipada, respectively.Fxstreet
Mon, Oct 20
EUR/JPY Price Forecast: Clings to bullish stance above 175.50
The EUR/JPY cross edges higher to near 175.65 during the early European session on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) as the dovish Sanae Takaichi is poised to become the first female Prime Minister.Fxstreet
Mon, Oct 20
