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AUD/JPY strengthens above 98.00 as Takaichi poised to become first female Prime Minister
The AUD/JPY cross gains ground to around 98.10 during the Asian trading hours on Monday. The Japanese Yen (JPY) weakens against Australian Dollar (AUD) amid renewed concerns about Japan’s fiscal health.
Fxstreet
Mon, Oct 20
India Morning Newsletter, October 20
(The India Morning Newsletter will not be published on Tuesday, October 21, and Wednesday, October 22, on account of the Diwali Laxmi Pujan and Balipratipada holidays, respectively)To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, pl...Reuters
Mon, Oct 20
Australian Dollar remains stronger following PBoC interest rate decision
The Australian Dollar (AUD) advances against the US Dollar (USD) on Monday, extending its gains for the second consecutive trading day. The AUD/USD pair remains stronger after the People’s Bank of China (PBOC) decided to keep its interest rates unchanged.
Fxstreet
Mon, Oct 20
Yen eases as dovish Takaichi set to become Japan PM, Aussie gains
Kyodo says Takaichi's LDP to form coalition with Japan Innovation PartyYen undercut, Aussie boosted by improving risk sentimentTrump tones down tariff rhetoric on China, says meeting with Xi still onCurrency market shakes off in-line China GDP figuresBy Kevin Buckland TOKYO, Oct 20 (Reuters) ...Reuters
Mon, Oct 20
Yen eases with dovish Takaichi set to become Japan PM, Aussie gains
TOKYO, Oct 20 (Reuters) - The yen weakened on Monday as Sanae Takaichi, an advocate of fiscal and monetary stimulus, appeared all but certain to become Japan's next prime minister after reportedly securing crucial political backing for the top job.Reuters
Mon, Oct 20
Australia, NZ dollars bounce as risk stages comeback
Risk sensitive currencies start week strongNZ's Q3 inflation data as expected, Nov cut fully priced inInvestors focus on China-US trade headlines this week SYDNEY, Oct 20 (Reuters) - The Australian and New Zealand dollars bounced on Monday as risk sentiment staged a comeback on U.S.-China tra...Reuters
Mon, Oct 20
WEEKAHEAD-Rupee to take cues from RBI after assertive action; bonds seen rangebound
By Dharamraj Dhutia and Nimesh Vora MUMBAI, Oct 20 (Reuters) - Indian rupee traders will focus on the Reserve Bank of India in the holiday-truncated week following its heavy-handed support for the currency, and on potential updates on trade talks with the U.S., while bond yields will hold a tigh...Reuters
Mon, Oct 20
Bank of Japan's Ueda keeps cards close to chest ahead of October meeting
Ueda says he wants to collect more data ahead of October meetingBOJ chief likely got little clarity from meetings in WashingtonUeda faces pressure from hawks on BOJ's boardCentral bank's next policy meeting is set for October 29-30By Leika Kihara WASHINGTON, Oct 20 (Reuters) - Bank of Jap...Reuters
Sun, Oct 19
NZD/USD gathers strength above 0.5700 after New Zealand’s CPI inflation data
The NZD/USD pair gathers strength to near 0.5730 during the early Asian session on Monday. The New Zealand Dollar (NZD) edges higher against the US Dollar (USD) after the release of consumer price inflation data.
Fxstreet
Sun, Oct 19
South Korea sees higher chance of US trade deal by APEC summit
By Hyunjoo JinSEOUL, Oct 19 (Reuters) - South Korea has a higher chance of reaching a trade deal with the U.S. by the time of the Asia-Pacific Economic Cooperation (APEC) summit in South Korea later this month, the country's chief policy advisor said on Sunday.While the two sides have made concr...Reuters
Sun, Oct 19
Japan urges vigilance against excessive FX volatility
WASHINGTON, Oct 17 (Reuters) - Japanese Finance Minister Katsunobu Kato said on Friday authorities should monitor risks and guard against excessive exchange-rate volatility that could hurt the economy."The outlook of the global economy is uncertain due to trade measures and geopolitical tensions...Reuters
Fri, Oct 17
EUR/USD slips as Trump softens China tariff stance, US Dollar recovers
EUR/USD dives 0.17% during the North American session on Friday as the Greenback trims its earlier losses as US President Donald Trump tempered his trade rhetoric on China. The pair trades at around 1.1666 after hitting a daily high of 1.1728.Fxstreet
Fri, Oct 17
Bessent urges IMF, World Bank to take tougher stance on China's economic practices
US Treasury chief says IMF should scrutinize China's imbalancesWorld Bank should end support for projects in China, Bessent says IMF not 'a piggy bank' for creditors to debt-distressed countries, Bessent saysIMF chief says she's got 'long list of homework'By David Lawder and ...Reuters
Fri, Oct 17
