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NZD/USD Price Forecast: Remains below 0.5750 near nine-day EMA
NZD/USD extends its losses for the fifth successive session, trading around 0.5740 during the early European hours on Monday. The daily chart’s technical analysis signals a potential bullish reversal as the pair price moves ahead in the descending wedge pattern.
Fxstreet
Mon, Oct 13
South Korea in talks with US on various ways to set up FX swap, minister says
SEOUL, Oct 13 (Reuters) - South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal over concerns about how proposed U.S. investments could skew the local currency market, the country's finance minister said. Minister Koo Yun-ch...Reuters
Mon, Oct 13
EUR/USD holds previous gains as trade fears weigh on the US Dollar
EUR/USD stands comfortably above 1.1600, trading at 1.1615 at the time of writing on Monday, as the latest trade rift between the US and China has hurt the US Dollar, and the US federal government remains closed with little prospects of an upcoming solution.The US Dollar dropped on Friday after US P
Fxstreet
Mon, Oct 13
USD/CHF wobbles above 0.8000 with trade fears looming
The US Dollar is hesitating right above the 0.8000 line against the Swiss Franc on Monday, with investors wary that the trade rift between the US and China might lead to a full-blown trade war.US President Trump soothed investors on Sunday by easing his tone against China in a social media post that
Fxstreet
Mon, Oct 13
Sterling gets a lift as nerves over US-China tariffs recede
By Amanda Cooper LONDON, Oct 13 (Reuters) - The pound rose on Monday, getting a tailwind from a degree of relief that U.S. President Donald Trump may not make good on his threat last week to hit Chinese goods with 100% tariffs, which gave risk-linked assets a boost.In a lengthy post on his Truth ...Reuters
Mon, Oct 13
USD/CAD softens to near 1.4000 as job data reduces BoC rate cut bets
The USD/CAD pair loses ground near 1.4000 during the early European session on Monday. The Canadian Dollar (CAD) edges higher against the US Dollar (USD) as the upbeat Canadian employment data reduced bets on another Bank of Canada (BoC) interest rate cut this month.
Fxstreet
Mon, Oct 13
South Korea in talks with US on various ways to set up FX swap, minister says
SEOUL, Oct 13 (Reuters) - South Korea is discussing with the U.S. various ways to set up a bilateral foreign exchange swap line as part of a trade deal to contain the impact of proposed U.S. investments on the domestic currency market, the country's finance minister said on Monday. Minister Koo ...Reuters
Mon, Oct 13
FOREX-Dollar stumbles 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 SINGAPORE, Oct 13 (Reuters) - The U.S. dollar remained under pressure on Monday as investors hoped Washington would temper its latest escalation of t...Reuters
Mon, Oct 13
WRAPUP 3-China's exports top forecast but fresh US trade spat raises risks to outlook
China's export growth tops forecast, driven by non-U.S. marketsMarkets worry about renewed China-U.S. trade tensionsChina expands export curbs on rare earths, prompting fresh Trump threats China's trade surplus declines; domestic demand remains weakBy Joe Cash and Ellen Zhang BEIJING, Oct...Reuters
Mon, Oct 13
Silver Price Forecast: XAG/USD reaches new record highs above $51.50
Silver price (XAG/USD) extends its winning streak for the fourth successive session, reaching its all-time high of $51.69 during the Asian hours on Monday. The non-interest-bearing Silver receives support from the increased likelihood of the US Federal Reserve (Fed) further rate cuts by year-end.
Fxstreet
Mon, Oct 13
GBP/USD Price Forecast: Trades with positive bias above mid-1.3300s, around 38.2% Fibo. level
The GBP/USD pair gains some positive traction for the second consecutive day on Monday as dovish Federal Reserve (Fed) bets, and the risk-on impulse keep the safe-haven US Dollar (USD) depressed.
Fxstreet
Mon, Oct 13
EUR/USD Price Forecast: Keep bullish vibe above 1.1600, political turmoil in France might cap gains
The EUR/USD pair posts modest losses near 1.1620 during the early European session on Monday. Markets hope for a compromise in the United States (US)-China trade war, which supports the US Dollar (USD) against the Euro (EUR).Fxstreet
Mon, Oct 13
USD/INR inches lower due to potential market intervention by RBI
The Indian Rupee (INR) remains steady against the US Dollar (USD) on Monday, after registering losses in the previous session. The USD/INR pair hovers around 88.70 during the Asian hours, with the Reserve Bank of India’s (RBI) frequent interventions preventing the INR from breaching its record low oFxstreet
Mon, Oct 13
China's yuan inches higher as firmer fix tempers renewed US-China trade tensions
SHANGHAI, Oct 13 (Reuters) - China's yuan edged higher against the dollar on Monday, paring sharp losses in the prior session, as a stronger midpoint guidance rate cushioned the impact of renewed trade tensions between Beijing and Washington.Reuters
Mon, Oct 13
NZD/USD gains traction to near 0.5750 as traders hope for compromise in US-China trade war
The NZD/USD pair gains ground to near 0.5740 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) as traders hope the United States (US) may temper its latest escalation of the trade war with China.Fxstreet
Mon, Oct 13
China's September dollar-denominated exports rise 8.3% y/y, imports up 7.4%
BEIJING, Oct 13 (Reuters) - China's export growth picked up pace in September, expanding 8.3% from a year earlier in dollar value terms, while imports grew 7.4%, customs data showed on Monday.Outbound shipments were expected to have risen an annual 6.0%, according to a Reuters poll of economists...Reuters
Mon, Oct 13
INDIA RUPEE-US-China trade whiplash, choppy risk, bumpy dollar to test rupee
By Nimesh Vora MUMBAI, Oct 13 (Reuters) - The Indian rupee is likely to open flat to marginally higher on Monday, with U.S. President Donald Trump's swings between tariff threats and softer China tones spurring volatility in risk sentiment and the dollar. The 1-month non-deliverable forwa...Reuters
Mon, Oct 13
