News
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Silver Price Forecast: XAG/USD climbs to near $52.00 on fresh US-China trade tensions
Silver price (XAG/USD) holds positive ground around $51.90 during the early Asian session on Wednesday. The white metal retreats from an all-time high after a historic squeeze in London began to show some signs of easing.
Fxstreet
Wed, Oct 15
FOREX-Dollar under pressure on Fed rate cut bets, China trade tensions
Fed Chair Powell says shutdown hasn't clouded economic picture, yetYen, franc in demand as US spars with China over port fees, soybeansEuro buoyed by French government plan to postpone pension reformsBy Kevin Buckland TOKYO, Oct 15 (Reuters) - The U.S. dollar was on the defensive early on Wed...Reuters
Wed, Oct 15
Argentine stocks tumble after Trump conditions Argentina help, bonds fall
NEW YORK, Oct 14 (Reuters) - Argentine stocks turned sharply lower and bonds ended in the red on Tuesday after U.S. President Donald Trump said his support for the South American nation hinges on President Javier Milei's party doing well in midterm elections later this month.Reuters
Wed, Oct 15
When is the China CPI and PPI release, and how could it impact AUD/USD?
China releases its latest Consumer Price Index (CPI) and Producer Price Index (PPI) inflation metrics early Wednesday at 01:30 GMT, and will be providing markets with a much-needed update on potential trade war fallout between China and the US as trade tensions between the two giants ramps up once a
Fxstreet
Tue, Oct 14
USD/JPY drifts lower below 152.00 amid renewed trade tensions
The USD/JPY pair attracts some sellers to around 151.80 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) amid escalating trade tensions between the US and China and a persistent risk-off environment.
Fxstreet
Tue, Oct 14
EUR/USD climbs above 1.16 as Powell’s neutral tone weigh on Dollar
EUR/USD recovers some ground on Tuesday as the Greenback weakens post neutral-dovish remarks by Fed Chair Jerome Powell and as the French government announced a suspension of a pension reform. The pair trades at 1.1606 up 0.32%.
Fxstreet
Tue, Oct 14
Bitcoin, ether drop as US-China tensions flare up, erasing Monday's gains
By Gertrude Chavez-Dreyfuss NEW YORK, Oct 14 (Reuters) - Bitcoin and ether tumbled on Tuesday as U.S.-China tension ramped up, wiping out a rally the day before that was fueled by President Donald Trump's conciliatory trade remarks.The U.S. and China on Tuesday began charging additional port ...Reuters
Tue, Oct 14
FOREX-US dollar weakens against peers as markets weight renewed trade tensions
Markets turn risk off on fragile US-China relationsEuro gains after France suspends pension reformUK labour market data hurts sterling Cryptocurrencies extend declineBy Chibuike Oguh and Alun John NEW YORK/LONDON, Oct 14 (Reuters) - The dollar lost ground against major peers including the Swiss f...Reuters
Tue, Oct 14
CANADA FX DEBT-Canadian dollar steadies as Powell leaves door open to Fed rate cuts
Loonie touches weakest intraday since April 10 at 1.4079Price of oil settles 1.3% lower10-year yield hits lowest since May 8 at 3.124%By Fergal Smith TORONTO, Oct 14 (Reuters) - The Canadian dollar steadied against its U.S. counterpart on Tuesday, recovering from a six-month low, as the prospect ...Reuters
Tue, Oct 14
AUD/USD trims losses as Greenback weakens amid dovish Fed outlook and US-China frictions
The Australian Dollar (AUD) trims losses against the US Dollar (USD) on Tuesday after sliding earlier to its weakest level since August 22, as fears of a revived trade war between the United States and China weighed on sentiment, given Australia’s close trade ties with China.Fxstreet
Tue, Oct 14
IMF's Georgieva says countries need to understand digital currency options
WASHINGTON, Oct 14 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that she is telling member countries to accept the rapid developments of digital currencies and understand their options in the sector."I'm telling countries, 'Accept reality...Reuters
Tue, Oct 14
NZD/USD Price Forecast: Downtrend persist after hitting six-month low
The New Zealand Dollar trims some of its earlier losses, as the Greenback turns negative on the day sponsored by the escalation of trade tensions between Washington and Beijing and Fed Chair Jerome Powell slightly dovish remarks. The NZD/USD trades at 0.5718, down 0.14%.
Fxstreet
Tue, Oct 14
USD/JPY drops as Powell flags monetary risks, trade frictions boost Yen
USD/JPY drops 0.30% on Tuesday to around 151.80 at the time of writing, in a cautious environment dominated by renewed US-China trade frictions. News that both countries are increasing port fees on cargo shipments has reignited fears of a deeper disruption to global trade.Fxstreet
Tue, Oct 14
EUR/USD rebounds as US-China tensions flare, focus shifts to Powell
The Euro (EUR) advances against the US Dollar (USD) on Tuesday, with EUR/USD erasing earlier losses as the Greenback weakens amid renewed US-China trade tensions and growing expectations of a more dovish Federal Reserve (Fed) stance.Fxstreet
Tue, Oct 14
GBP/USD slides toward 1.33 as weak UK jobs data fuels BoE rate cut bets
GBP/USD prolongs its losses for the second consecutive day during the week as soft data in the UK justifies the need for lower interest rates by the Bank of England. The extension of the government shutdown in the US, keeps the schedule light, except for Fed Chair Jerome Powell speech.
Fxstreet
Tue, Oct 14
FOREX-US dollar weakens against Swiss franc, yen as trade tensions resurfaces
Markets turn risk off on fragile US-China relationsEuro gains after France suspends pension reformUK labour market data hurts sterling Cryptocurrencies extend declineBy Chibuike Oguh and Alun John NEW YORK/LONDON, Oct 14 (Reuters) - The U.S. dollar was lower against the safe-haven Swiss franc and...Reuters
Tue, Oct 14
Trump to meet Argentina's Milei as U.S. advances $20-billion bailout
By Nandita Bose WASHINGTON, Oct 14 (Reuters) - President Donald Trump will host Argentina's president, Javier Milei, at the White House on Tuesday, just days after the U.S. agreed to provide a major financial lifeline to the South American nation. Earlier this month, Treasury Secretary Scot...Reuters
Tue, Oct 14
GBP weak, down 0.5% on broad labor market disappointment – Scotiabank
The Pound Sterling (GBP) is weak, down 0.5% against the US Dollar (USD) and a mid-performer among the G10 in an environment of risk aversion and broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Oct 14
