News
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AUD/USD: Corrective pullback on the day – OCBC
Australian Dollar (AUD) has been under pressure over the last couple of sessions after the recent flare-up in US-China tensions over rare earth material controls and threat of fresh 100% tariffs as well as in reaction to softer than expect labor market print.
Fxstreet
Thu, Oct 16
FOREX-Dollar drops versus euro, rises slightly against yen, China's rare earths in focus
Sino-US trade spat leaves dollar on back footDovish Fed signals weigh on greenbackFrance’s political crisis barely dents euroPolitical developments in Japan intrigue investorsBy Stefano Rebaudo and Ankur Banerjee Oct 16 (Reuters) - The U.S. dollar headed for a third straight daily loss against th...Reuters
Thu, Oct 16
EUR/USD: The double-edged sword of French politics – ING
EUR/USD is enjoying a little more support as US rates soften and French PM Sébastien Lecornu looks set to survive two no-confidence votes in French parliament today – this after the Socialists were bought off with a delay in pension reforms, ING's FX analyst Chris Turner notes.Fxstreet
Thu, Oct 16
EUR/GBP extends decline to 0.8673 following upbeat UK data
The Euro is trading lower for the second consecutive day, retracing most of the gains taken on Tuesday and reaching intra-day lows at 0.8673 as the Pound Sterling rallies on the back of stronger-than-expected UK manufacturing data.Manufacturing production expanded at a 0.7% pace in August, beating e
Fxstreet
Thu, Oct 16
G20 risk watchdog warns of 'significant gaps' in global crypto rules
By Elizabeth Howcroft and Marc Jones PARIS/LONDON, Oct 16 (Reuters) - There are "significant gaps" in countries' attempts to regulate fast-growing crypto markets, which could potentially harm financial stability, the G20's risk watchdog warned on Thursday.The Financial Stability B...Reuters
Thu, Oct 16
NZD/USD holds gains near 0.5750 due to prevailing US-China trade tensions
NZD/USD halts its seven-day losing streak, trading around 0.5740 during the early European hours on Thursday. The pair holds gains as the US Dollar (USD) struggles as traders adopt caution amid the ongoing trade tensions between the United States (US) and China, the world’s two largest economies.
Fxstreet
Thu, Oct 16
EUR/JPY Price Forecast: First upside barrier emerges near 177.00
The EUR/JPY cross gains ground near 176.15 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) as political uncertainty in Japan would set the stage for the Bank of Japan (BoJ) to delay raising interest rates.
Fxstreet
Thu, Oct 16
FOREX-Dollar defensive as Sino-US trade tension weighs
Sino-US trade spat leaves dollar on the back foot Markets brace for political uncertainty as havens gainFed rate cut expectations grow as US shutdown enters third weekBy Ankur Banerjee SINGAPORE, Oct 16 (Reuters) - The U.S. dollar drifted lower on Thursday as the Sino-U.S. trade war dented invest...Reuters
Thu, Oct 16
USD/INR falls further on hopes of US-India trade deal
The Indian Rupee (INR) extends its Wednesday’s strong recovery move against the US Dollar (USD) on Thursday. The USD/INR pair slides to near 87.80 as the Indian Rupee strengthens on hopes that the United States (US) and India will reach a trade agreement soon.Fxstreet
Thu, Oct 16
Silver Price Forecast: XAG/USD retreats from record high to near $53.00 on some profit-taking
Silver price ( XAG/USD) trades in the negative territory around $53.10 during the Asian trading hours on Thursday. The white metal retreats from the all-time high of $54.86 amid some profit-taking.
Fxstreet
Thu, Oct 16
