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AUD/USD stays firm near 0.6650 on upbeat China’s Trade Balance data, RBA policy eyed
The AUD/USD pair extends its winning streak for the 12th trading day on Monday. The Aussie pair trades firmly to near its over two-month high of 0.6650 during the late Asian session, posted on Friday.
Fxstreet
Mon, Dec 8
EUR/JPY Price Forecast: Strengthens to near 181.00 amid bullish technical signals
The EUR/JPY cross gains ground to near 180.90 during the early European session on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) amid the weaker-than-expected revised Gross Domestic Product (GDP) report.
Fxstreet
Mon, Dec 8
FOREX-Dollar finds footing ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and Brazil SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an ...Reuters
Mon, Dec 8
NZD/USD gains momentum as China's trade surplus hits 5-month high
The NZD/USD pair attracts some buyers to around 0.5785 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after China’s Trade Balance data. All eyes will be on the US Federal Reserve (Fed) interest rate decision on Wednesday.
Fxstreet
Mon, Dec 8
China November exports up 5.9%, imports rise 1.9%
BEIJING, Dec 8 (Reuters) - China's exports grew by 5.9% in November from a year earlier in dollar value terms, while imports rose 1.9%, customs data showed on Monday. Outbound shipments from the world's second-biggest economy were forecast to have grown an annual 3.8%, according to economist...Reuters
Mon, Dec 8
EUR/USD posts modest gains near 1.1650 amid Fed rate cut bets
The EUR/USD pair posts modest gains around 1.1645 during the early Asian session on Monday. The prospect of a US Federal Reserve (Fed) rate cut at its December meeting on Wednesday could weigh on the US Dollar (USD) against the Euro (EUR).
Fxstreet
Mon, Dec 8
Australian dollar braces for hawkish RBA, bond yields hit two-year high
10-year Australian government bond yields hit new two-year topRBA widely expected to hold rates after run of hot dataKey is how hawkish commentary will beAussie near multi-month highsBy Stella Qiu SYDNEY, Dec 8 (Reuters) - The Australian dollar was on edge on Monday as traders braced for a widely...Reuters
Mon, Dec 8
When is the China’s Trade Balance and how could it affect AUD/USD?
The General Administration of Customs will publish its data for November on Monday at 03.00 GMT. Trade balance is expected to widen to $100.20B in November, compared to $90.07 in the previous reading. Exports are expected to rise by 3.8%, while Imports are projected to climb by 2.8%.Fxstreet
Mon, Dec 8
FOREX-Dollar finds footing ahead of Fed meet
'Hawkish cut' expected for FedRates seen on hold in Australia, Canada, Switzerland and Brazil SINGAPORE, Dec 8 (Reuters) - The U.S. dollar steadied on Monday after two weeks of selling, ahead of a week crammed with central bank meetings and headlined by the U.S. Federal Reserve, where an ...Reuters
Mon, Dec 8
USD/JPY loses momentum below 155.50 as Fed rate cut looms, Japan-China military tensions flare
The USD/JPY pair loses ground to near 155.25 during the early Asian session on Monday. The US Dollar (USD) weakens against the Japanese Yen (JPY) as traders brace for the Federal Reserve (Fed) meeting this week, where policymakers are widely expected to cut interest rates.Fxstreet
Sun, Dec 7
India’s strong fundamentals to support 7% growth despite global risks, finance minister says
By Manoj Kumar NEW DELHI, Dec 6 (Reuters) - India’s economic growth will accelerate to at least 7% this year as fundamentals remain robust despite global uncertainties, Finance Minister Nirmala Sitharaman said on Saturday.“Fundamentals of the economy are strong,” Sitharaman said at the Hindustan ...Reuters
Sat, Dec 6
China, Macao upgrade currency swap to long-term standing swap deal
SHANGHAI, Dec 6 (Reuters) - China's central bank has upgraded a bilateral currency swap agreement to a long-term standing swap deal with the Monetary Authority of Macao, the People's Bank of China said late on Friday.The size of the deal will be expanded to 50 billion yuan ($7.1 billion) fro...Reuters
Sat, Dec 6
