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AUD/JPY Price Forecast: Keep bullish vibe above 97.00
The AUD/JPY cross loses ground to near 97.15 during the early European session on Tuesday. The Japanese Yen strengthens against the Australian Dollar (AUD) after US President Donald Trump signed an executive order last week to lower the Japanese auto import tariff.
AUD/JPY
Fxstreet
Tue, Sep 9
FOREX-Dollar hits 7-week low as jobs gloom heightens Fed cut chances
Investors await preliminary U.S. jobs data revisionsTraders increase bets on jumbo 50-bp Fed rate cutBank Indonesia said to have intervened to stabilise marketBy Gregor Stuart Hunter SINGAPORE, Sept 9 (Reuters) - The dollar sank to an almost seven-week low on Tuesday as investors braced for U.S. ...
Reuters
Tue, Sep 9
USD/INR declines as US Dollar refreshes six-week low
The Indian Rupee (INR) opens on a positive note against the US Dollar (USD) on Tuesday. The USD/INR pair slides to near 88.10 as the US Dollar extends its downside, following dismal United States (US) official job data for August.
Fxstreet
Tue, Sep 9
EUR/GBP holds losses near 0.8650 as BRC Like-For-Like Retail Sales accelerate in August
EUR/GBP edges lower after two days of gains, trading around 0.8670 during the Asian hours on Tuesday. The currency cross depreciates as the Pound sterling (GBP) receives support after the release of British Retail Consortium (BRC) Like-For-Like Retail Sales, which rose 2.9% year-on-year in August.
EUR/GBP
Fxstreet
Tue, Sep 9
USD/CAD holds steady above 1.3800, lacks bullish conviction amid a weaker USD
The USD/CAD pair attracts some dip-buyers during the Asian session on Tuesday, though it lacks follow-through amid mixed fundamental cues. Spot prices, however, manage to hold comfortably above the 100-day Simple Moving Average (SMA) and stick to modest gains above the 1.3800 round figure.
USD/CAD
Fxstreet
Tue, Sep 9
GBP/USD strengthens above 1.3550, investors await NFP Benchmark Revision release
The GBP/USD pair gathers strength to around 1.3560, the highest since August 15, during the early European session on Tuesday. The US Dollar (USD) weakens against the Pound Sterling (GBP) as weaker US jobs data shore up the case for deeper Federal Reserve (Fed) interest rate cuts.
GBP/USD
Fxstreet
Tue, Sep 9
South Korea trade talks with U.S. deadlocked over forex, Seoul official says
SEOUL, Sept 9 (Reuters) - South Korea's negotiations with the U.S. to finalise a trade deal are being delayed due to the issue of foreign exchange, a senior presidential official said on Tuesday.
Reuters
Tue, Sep 9
EUR/USD rises to near 1.1800 as trades expect ECB to keep rates unchanged
EUR/USD extends its winning streak for the third successive session, trading around 1.1780 during the Asian hours on Tuesday.
EUR/USD
Fxstreet
Tue, Sep 9
Silver Price Forecast: XAG/USD gains ground to near $41.50 as jumbo Fed rate cut bets grow
The Silver price ( XAG/USD) trades in positive territory for the third consecutive day around $41.40 during the Asian trading hours on Tuesday. The white metal edges higher as weaker job reports in recent months have increased expectations for a jumbo rate cut from the US Federal Reserve (Fed).
Silver
Fxstreet
Tue, Sep 9
India Morning Newsletter, September 9
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Tue, Sep 9
Australia, NZ dollars gain ground as greenback, yen retreat
By Wayne Cole SYDNEY, Sept 9 (Reuters) - The Australian and New Zealand dollars crept to multi-week highs on Tuesday as falling Treasury yields dragged on the greenback, while political uncertainty pulled the Japanese yen to a two-month trough.Australian bonds have lagged the rally in Treasuries,...
Reuters
Tue, Sep 9
Japanese Yen strengthens on BoJ rate hike bets despite political uncertainty
The Japanese Yen (JPY) trades with a positive bias against its American counterpart during the Asian session on Tuesday, though the uptick lacks bullish conviction amid mixed fundamental cues.
USD/JPY
Fxstreet
Tue, Sep 9
PBOC sets USD/CNY reference rate at 7.1008 vs. 7.1029 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1008 compared to the previous day's fix of 7.1029 and 7.1225 Reuters estimate.
USD/CNH
Fxstreet
Tue, Sep 9
FOREX-Dollar falls hits 7-week low as jobs gloom heightens Fed cut chances
By Gregor Stuart Hunter SINGAPORE, Sept 9 (Reuters) - The dollar sank to an almost seven-week low on Tuesday as investors braced for U.S. data revisions that could show the jobs markets in worse shape than initially thought, shoring up the case for even deeper Federal Reserve interest rate cuts.T...
Reuters
Tue, Sep 9
NZD/USD extends upside to near 0.5950 amid hopes for Fed jumbo rate cut
The NZD/USD pair extends the rally to near 0.5950 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) due to rising expectations of a jumbo rate cut by the US Federal Reserve (Fed).
NZD/USD
Fxstreet
Tue, Sep 9
GBP/USD continues to climb ahead of key US inflation data
GBP/USD rose further on Monday, extending another 0.35% to recapture chart territory north of 1.3550. General market sentiment is banking on an interest rate cut at the Federal Reserve’s (Fed) next meeting on September 17, thanks to rapidly deflating employment figures in the United States (US).
GBP/USD
Fxstreet
Mon, Sep 8
USD/CAD posts modest losses near 1.3800 amid jumbo Fed rate cut bets
The USD/CAD pair trades in negative territory near 1.3800 during the early Asian session on Tuesday. Investors continued to assess the latest US Nonfarm Payrolls (NFP) report, while expectations of extra rate cuts by the Federal Reserve (Fed) keep the Greenback under scrutiny.
USD/CAD
Fxstreet
Mon, Sep 8
USD/JPY Price Forecast: Steadies below 147.50 as traders await fresh catalyst
The USD/JPY holds steady below the 147.50 figure yet posts a minuscule loss of 0.02% as traders market participants priced in a Fed rate cut at the September meeting.
USD/JPY
Fxstreet
Mon, Sep 8
EUR/USD tops 1.1750 as soft US jobs cement Fed cut bets
The EUR/USD pair post back-to-back bullish days, rising over 0.37% on Monday as traders grow confident that monetary policy in the United States (US) will resume its easing cycle after the Federal Reserve (Fed) Chair Jerome Powell acknowledged the weakness of the labor market.
EUR/USD
Fxstreet
Mon, Sep 8
Cleancore Solutions Acquires 285,420,000 Doge With Strategic Goal To Accumulate First Milestone Target Of 1 Billion Doge In 30 Days As The Newly Launched Official Dogecoin Treasury
Sept 8 (Reuters) - CleanCore Solutions Inc ZONE.A:CLEANCORE SOLUTIONS ACQUIRES 285,420,000 DOGE WITH STRATEGIC GOAL TO ACCUMULATE FIRST MILESTONE TARGET OF 1 BILLION DOGE IN 30 DAYS AS THE NEWLY LAUNCHED OFFICIAL DOGECOIN TREASURY
Reuters
Mon, Sep 8
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