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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
Foreign money spurs wilder twists in Japan's sedate bond yield curve
BOJ's gradual rate hikes contrast with global easingForeign investors are net buyers of long JGBsCentral bank tightening revives relative value tradeBy Junko Fujita TOKYO, Oct 16 (Reuters) - A rush of foreign money into Japan's super-long-dated bonds is creating sharper shifts in the usua...Reuters
Thu, Oct 16
USD/CAD remains below 1.4050 due to ongoing US-China trade tensions
USD/CAD extends its losses for the second successive session, trading around 1.4030 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) struggles amid market caution, driven by the escalating United States (US)-China trade tensions, the world’s two largest economies.Fxstreet
Thu, Oct 16
Australian dollar slips as jobs shock revives rate-cut pressure
By Wayne Cole SYDNEY, Oct 16 (Reuters) - The Australian dollar slipped on Thursday after data showed unemployment jumped to a near four-year high as jobs growth continued to slow sharply, a shock result that rekindled pressure for a near-term rate cut.The Aussie fell 0.3% to $0.6489 AUD=D3 after ...Reuters
Thu, Oct 16
