News
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USD/JPY rebound stalls below 200-DMA – Société Générale
USD/JPY has bounced from its August low near 146.20 but remains capped by the 200-day moving average. Failure to clear resistance around 150.90–151.20 would keep downside risks in play, with a break below 146.20 opening the door to a deeper correction, Société Générale's FX analysts note.
Fxstreet
Mon, Sep 8
CAD soft but off overnight low as BoC rate expectations shift – Scotiabank
The Canadian Dollar (CAD) has firmed a little on the session, catching a mild lift amid broader US Dollar (USD) losses but gains are lagging decent intraday gains for the NZD and AUD amid positive risk appetite, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Mon, Sep 8
USD/JPY: Likely to trade in a range between 146.55 and 149.55 – UOB Group
Rapid advance in US Dollar (USD) has scope to test 148.80 before leveling off; 149.55 is unlikely to come under threat. In the longer run, outlook is mixed; USD could trade in a range between 146.55 and 149.55 for now.Fxstreet
Mon, Sep 8
NZD/USD Price Forecast: Soars to near 0.5930 amid risk-on market sentiment
The NZD/USD pair trades 0.66% higher to near 0.5930 during the European trading session on Monday. The Kiwi pair strengthens as the New Zealand Dollar (NZD) outperforms its peers amid cheerful market sentiment.
Fxstreet
Mon, Sep 8
EMERGING MARKETS-Indonesian stocks whiplash after finance minister ousted
EM stocks up 0.5%, FX up 0.2%Fitch revises Poland's outlook to 'negative'Turkey's main opposition calls for ralliesWorld Bank cuts Vietnam's growth forecastIsrael has accepted Trump's Gaza ceasefire proposalBy Pranav Kashyap and Twesha Dikshit Sept 8 (Reuters) - Indone...Reuters
Mon, Sep 8
NZD/USD: For a continued rise, NZD must first close above 0.5930 – UOB Group
Instead of continuing to rise, New Zealand Dollar (NZD) is more likely to range trade between 0.5855 and 0.5915. In the longer run, for a continued rise, NZD must first close above 0.5930, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Sep 8
Grayscale Chainlink Trust Intends To List Shares On NYSE Arca - SEC Filing
Sept 8 (Reuters) - Grayscale Chainlink Trust (LINK) GLNK.PK:GRAYSCALE CHAINLINK TRUST (LINK) - INTENDS TO LIST SHARES ON NYSE ARCA UNDER SYMBOL 'GLNK' - SEC FILINGGRAYSCALE CHAINLINK TRUST (LINK): SPONSOR INTENDS TO RENAME THE TRUST AS GRAYSCALE CHAINLINK TRUST ETFGRAYSCALE CHAINLINK TRUST (...Reuters
Mon, Sep 8
USD/JPY retreats to 147.50 as markets digest PM Ishiba's resignation
US Dollar’s upside attempts against the Japanese Yen have been capped right below 148.60, and the pair retreated to session lows at 147.50 as the Yen regained lost ground following Japanese Prime Minister Ishiba’s resignation.Ishiba announced earlier on the day of his decision to step down, followinFxstreet
Mon, Sep 8
Forward Industries, Inc. Announces $1.65 Billion Private Placement In Cash And Stablecoin Commitments
Sept 8 (Reuters) - Forward Industries Inc FORD.O:FORWARD INDUSTRIES, INC. ANNOUNCES $1.65 BILLION PRIVATE PLACEMENT IN CASH AND STABLECOIN COMMITMENTS LED BY GALAXY DIGITAL, JUMP CRYPTO, AND MULTICOIN CAPITAL TO INITIATE SOLANA TREASURY STRATEGYFORWARD INDUSTRIES: GALAXY, JUMP CRYPTO, AND MULTICOIN ...Reuters
Mon, Sep 8
Hedge Funds Ramp Up Call Options on RMB — Racing to Break 7 or Staying Cautious?
TradingKey - The weak August nonfarm payrolls report — highlighting persistent U.S. labor market weakness — is pushing the Federal Reserve toward its first policy shift of the year. With a weakening dollar outlook, hedge funds are ramping up call options on the Chinese yuan (RMB) against the U.S.
TradingKey
Mon, Sep 8
Russian rouble weakens on latest sanctions threats
MOSCOW, Sept 8 (Reuters) - The Russian rouble dropped on Monday to its weakest against the dollar since July 30 after fresh sanctions threats from the U.S. and European Union in recent days.U.S. President Donald Trump said on Sunday that he is ready to move to a second phase of sanctions against Rus...Reuters
Mon, Sep 8
GBP/USD: Expected to trade in a range between 1.3460 and 1.3530 – UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.3460 and 1.3530. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Sep 8
RPT-COLUMN-Dollar's haven status may have always been a mirage: Mike Dolan
By Mike Dolan LONDON, Sept 8 (Reuters) - The dollar's sharp drop in April during a burst of tariff-related financial stress called into question what many had assumed to be its critical function as a safety trade. Some now wonder whether that haven status was ever truly warranted.For much of ...Reuters
Mon, Sep 8
