News
Important Only
EUR/GBP keeps wavering below 0.8750 with Eurozone inflation data on tap
The Euro continues to trade in a choppy and volatile manner within a tight range, with 0.8750 capping upside attempts and bears contained above 0.8715 so far, as markets await the release of Eurozone inflation data for further clues about the ECB’s rate path.
Fxstreet
Wed, Oct 1
USD/CHF extends downside to near 0.7940 on US government shutdown
The USD/CHF pair slides further to 0.7940 during the European trading session on Wednesday. The Swiss Franc pair weakens as the US Dollar (USD) extends its downside, following the United States (US) government shutdown.Fxstreet
Wed, Oct 1
Russia to increase LNG exports to China from Arctic and Sakhalin, energy minister says
MOSCOW, Oct 1 (Reuters) - Russia plans to increase LNG exports to China from the Arctic LNG 2 and Sakhalin 2 projects, and "serious joint progress" is underway, Russian Energy Minister Sergei Tsivilev told the Expert magazine.Despite Western sanctions, Arctic LNG 2, which is 60% owned by Rus...Reuters
Wed, Oct 1
GBP/USD rises above 1.3450 on rising odds of further Fed rate cuts
GBP/USD extends its winning streak for the fourth successive session, trading around 1.3460 during the Asian hours on Wednesday. The pair may further appreciate as the US Dollar (USD) faces challenges after soft US jobs data increased the odds of Federal Reserve (Fed) rate cuts.
Fxstreet
Wed, Oct 1
Japan's $550 billion US investment to have no FX impact, top trade negotiator says
By Makiko Yamazaki TOKYO, Oct 1 (Reuters) - Japan will run a $550 billion U.S.-bound investment package agreed in Tokyo's tariff deal with Washington without any impact on the foreign exchange market, its top trade negotiator Ryosei Akazawa said on Wednesday."Based on our calculation, $55...Reuters
Wed, Oct 1
FOREX-Dollar on defensive as US government shuts down
US government funding expired at 0400 GMT on WednesdayShutdown may delay key monthly jobs reportYen traders shrug off BOJ tankan surveyBy Kevin Buckland TOKYO, Oct 1 (Reuters) - The dollar hovered near a one-week low versus major peers on Wednesday as the U.S. government entered a shutdown that i...Reuters
Wed, Oct 1
Nomura to boost rates and FX trading units, sees more market volatility
Move reflects doubts about whether equities bull run will continueNomura has appointed new head of US rates, co-head of FX and emerging markets businessExpects advisory business to have a better second half By Anton Bridge and Miho UranakaTOKYO, Oct 1 (Reuters) - Japan's Nomura Holdings 8604.T p...Reuters
Wed, Oct 1
EUR/USD stays near 1.1750 ahead of potential US government shutdown, EU inflation
EUR/USD moves little after three days of gains, trading around 1.1730 during the Asian hours on Wednesday. The pair remains steady ahead of the preliminary Eurozone Harmonized Index of Consumer Prices (HICP) due later in the day.Fxstreet
Wed, Oct 1
Sanctions fears stymie Russian companies' panda bond sales push in China
Chinese banks wary of secondary sanctions risksNo Russian firms have issued panda bonds since Ukraine conflictGeopolitical risks deter Chinese investors from buying Russian bonds Oct 1 (Reuters) - Russian companies' plans to tap China's vast bond market for low-cost funding are proving to...Reuters
Wed, Oct 1
Japan's $550 billion US investment package to have no FX impact, top trade negotiator says
TOKYO, Oct 1 (Reuters) - Japan will run a $550 billion U.S.-bound investment package agreed in Tokyo's tariff deal with Washington without any impact on the foreign exchange market, its top trade negotiator Ryosei Akazawa said on Wednesday."The $550 billion size is the range where there will...Reuters
Wed, Oct 1
