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EMERGING MARKETS-Czech stocks and currency in spotlight after Babis election win
Emerging market stocks slip by 0.35%Basket of currencies poised for biggest daily declineCzech inflation eases closer to central bank target Hamas-Israel negotiations set for MondayBy Nikhil Sharma Oct 6 (Reuters) - Emerging market assets slipped on Monday after a week with strong gains while att...Reuters
Mon, Oct 6
AUD/USD: Any decline is likely part of a lower range of 0.6580/0.6620 – UOB Group
Australian Dollar (AUD) may edge lower; any decline is likely part of a lower range of 0.6580/0.6620. In the longer run, AUD remains neutral but is now expected to trade in a narrower range of 0.6555/0.6640AUD remains neutral but is now expected to trade in a narrower range of 0.6555/0.6640.
Fxstreet
Mon, Oct 6
RPT-COLUMN-Time for Germany's 'sugar rush' to hit: Mike Dolan
By Mike Dolan LONDON, Oct 6 (Reuters) - One of the most transformative economic policy shifts in a turbulent year - Germany's market-moving fiscal boost - is about to kick in, but there's some trepidation about how all this spending and reform will actually pan out.Despite all the focus o...Reuters
Mon, Oct 6
EUR: Rangebound activity may continue – ING
EUR/USD has struggled to find a catalyst for a big break higher – i.e., above 1.180 – despite some accumulation of negative US news. The bar to sell dollars appears higher, and the euro is lacking a highly compelling idiosyncratic story, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Mon, Oct 6
INSTANT VIEW-French markets tumble after PM Lecornu resigns
LONDON, Oct 6 (Reuters) - A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned.French stocks fell sharply .FCHI, government bond yields were up 8 basis points FR10YT=RR and the euro was last down 0.65% at $1.1667 EUR=EBS. T...Reuters
Mon, Oct 6
EUR/USD dives as France Prime Minister resigns unexpectedly
The Euro is plunging across the board on Monday, following news that France's Prime Minister, Sébastien Lecornu, resigned. EUR/USD has sliced through the 1.1700 area and is approaching one-month lows at 1.1645 at the time of writing.Fxstreet
Mon, Oct 6
INSTANT VIEW-French markets tumble after PM Lecornu resigns
LONDON, Oct 6 (Reuters) - A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned.French stocks fell sharply .FCHI, government bond yields were up 8 basis points FR10YT=RR and the euro was last down 0.65% at $1.1667 EUR=EBS. T...Reuters
Mon, Oct 6
USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel
USD/CAD remains subdued for the second successive session, trading around 1.3950 during the European hours on Monday. The technical analysis of the daily chart suggests the weakening of the bullish bias as the pair is attempting to break below the ascending channel pattern.
Fxstreet
Mon, Oct 6
FOREX-Japanese yen tumbles on likely new leader, euro slides after French PM steps down
Takaichi set to become Japan's first female prime ministerTakaichi's policies may delay BOJ's rate hike plansEuro hits record high against yenEuro tumbles vs dollar and sterling after new French PM quitsFed funds futures imply 95% chance of October U.S. rate cutBy Gregor Stuart Hunter an...Reuters
Mon, Oct 6
