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USD/JPY: Likely to trade in a range between 151.30 and 152.70 – UOB Group
US Dollar (USD) is likely to trade in a range between 151.30 and 152.70. In the longer run, the current price movements are likely the early stages of a 149.50/153.00 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Oct 13
NZD/USD: Chance of testing 0.5710 – UOB Group
New Zealand Dollar (NZD) could test 0.5710; given the oversold conditions, it is unlikely to reach the major support at 0.5690. In the longer run, outlook for NZD has shifted to negative; the level to watch is 0.5690, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Oct 13
EUR/JPY rises amid fading Yen demand on US-China trade optimism, Euro stability
EUR/JPY trades around 176.20, up 0.25% for the day on Monday at the time of writing. The pair benefits from lower demand for safe-haven assets as investors welcome signs of relaxation between Washington and Beijing.
Fxstreet
Mon, Oct 13
Dollar cuts losses after Trump tones down tough talk on trade
SINGAPORE/LONDON, Oct 13 (Reuters) - The dollar edged up on Monday, as investors hoped the U.S. would temper its latest escalation of the trade war with China after Friday's selloff, while political developments in France and Japan undermined the euro and the yen.Reuters
Mon, Oct 13
AUD/USD: Likely to consolidate within a range of 0.6465/0.6530 – UOB Group
Australian Dollar (AUD) is likely to consolidate within a range of 0.6465/0.6530. In the longer run, further declines in AUD still appear likely; the next level to watch is 0.6440, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Oct 13
GBP/USD: Any advance is likely part of a 1.3290/1.3390 range – UOB Group
Pound Sterling (GBP) could rebound further; any advance is likely part of a 1.3290/1.3390 range. In the longer run, downward momentum has slowed somewhat, but there is still a chance for GBP to decline to 1.3200, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Oct 13
RPT-COLUMN-'Juiced out' bonds pushing money elsewhere?: Mike Dolan
By Mike Dolan LONDON, Oct 13 (Reuters) - The market mood of the moment is whether bubbles are being blown in riskier markets by loose fiscal and monetary policies that lift the inflation horizon for years to come. Still compressed yields in gigantic global debt markets may give a glimpse of what&...Reuters
Mon, Oct 13
CEE MARKETS-FX a touch stronger as markets eye US-China trade war
Oct 13 (Reuters) - Central European currencies edged up on Monday, stabilising after suffering losses at the end of last week when U.S.-China trade tensions pressured emerging currencies. The Hungarian forint EURHUF= edged up 0.04% to trade at 392.2 euro after weakening on Friday.On Friday, U.S. Pre...Reuters
Mon, Oct 13
CAD: Glimmer of hope on the labour market – Commerzbank
The Canadian labour market figures for September, published on Friday, came as a pleasant surprise. Instead of the expected 5,000 jobs, the Canadian economy created more than 60,000 jobs, led by full-time positions. At the same time, the unemployment rate fell despite a higher participation rate.
Fxstreet
Mon, Oct 13
FOREX-Dollar cuts losses, after Trump tones down tough talk on trade
Trump's Truth Social message reassures tradersCrypto markets unsteady after weekend volatilityGold at fresh record highsBy Gregor Stuart Hunter and Amanda Cooper SINGAPORE/LONDON, Oct 13 (Reuters) - The dollar clawed steadily higher on Monday, as investors hoped the U.S. would temper its late...Reuters
Mon, Oct 13
EUR/JPY Price Forecast: Holds gains near 176.50 due to persistent bullish bias
EUR/JPY gains ground after two days of losses, trading around 176.50 during the European hours on Monday. The technical analysis of the daily chart indicates a prevailing bullish bias as the currency cross remains within the ascending channel pattern.Fxstreet
Mon, Oct 13
GBP/JPY Price Forecast: On recovery, aiming for the 203.50 resistance area
Pound’s reversal against the Yen found support near the 38.2% Fibonacci retracement, right below the 202.00 line, and is trading higher again on Monday. The pair has regained the 203.00 level and is approaching the 203.50 area, where it might find significant resistance.
Fxstreet
Mon, Oct 13
Iron ore gains as upbeat data outweighs renewed Sino-US trade tension
By Amy Lv and Lewis Jackson BEIJING, Oct 13 (Reuters) - Iron ore futures gained on Monday as robust steel export in top consumer China, along with lower ore shipments, outweighed concerns over renewed Sino-U.S. trade tensions. The benchmark November iron ore SZZFX5 on the Singapore Exchange a...Reuters
Mon, Oct 13
