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RPT-Japan government panel member Kataoka calls for $149 billion stimulus package
By Leika Kihara and Yoshifumi Takemoto TOKYO, Nov 17 (Reuters) - Japan must compile a stimulus package of around $149 billion to support an economy hobbled by U.S. tariffs and weak consumption, Goushi Kataoka, a private-sector member of a key government panel, told Reuters on Monday.The proposed ...
Reuters
Mon, Nov 17
Japan government panel member Kataoka calls for $149 billion stimulus package
By Leika Kihara and Yoshifumi Takemoto TOKYO, Nov 17 (Reuters) - Japan must compile a stimulus package of around $149 billion to support an economy hobbled by U.S. tariffs and weak consumption, Goushi Kataoka, a private-sector member of a key government panel, told Reuters on Monday.The proposed ...
Reuters
Mon, Nov 17
GBP/USD picks up to 1.3180 with UK fiscal concerns still weighing
The Pound has bounced up from session lows near 1.3135, to hit session highs near 1.3180, but remains moving within previous ranges, extending the choppy and sideways trading seen over the last few weeks.
GBP/USD
Fxstreet
Mon, Nov 17
EUR/USD drifts lower on risk-off markets with delayed US economic data in focus
EUR/USD opened the week on a soft note, and returns to the 1.1600 area at the time of writing, extending Friday's reversal from session highs above 1.1650.
EUR/USD
Fxstreet
Mon, Nov 17
USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.4050
USD/CAD moves little after registering modest losses in the previous session, trading around 1.4020 during the European hours on Monday. The daily chart’s technical setup reflects a sustained bullish bias, with the pair continuing to trade within its ascending channel.
USD/CAD
Fxstreet
Mon, Nov 17
Forex Today: US Dollar stabilizes, focus remains on central bank commentary
Here is what you need to know on Monday, November 17:
Fxstreet
Mon, Nov 17
FOREX-Dollar edges higher as investors brace for US data deluge
US data dump begins this week, September payrolls due ThursdayCurrency traders on guard, US dollar firmsSterling under pressure in run-up to UK budgetJapan's economy contracts for first time in six quartersBy Rae Wee SINGAPORE, Nov 17 (Reuters) - The dollar firmed slightly on Monday as invest...
Reuters
Mon, Nov 17
EUR/GBP holds steady above 0.8800 as BoE rate cut expectations grow
The EUR/GBP cross flat lines around 0.8825 during the early European session on Monday. Concerns about the UK's fiscal debt and weak UK economic data could undermine the Pound Sterling (GBP) against the Euro (EUR).
EUR/GBP
Fxstreet
Mon, Nov 17
EUR/USD Price Forecast: Bears flirt with 1.1600 amid a broadly firmer USD
The EUR/USD pair trades with a negative bias for the second straight day on Monday as diminishing odds for another rate cut by the US Federal Reserve (Fed) provide a modest lift to the US Dollar (USD).
EUR/USD
Fxstreet
Mon, Nov 17
USD/CHF holds gains near 0.7950 as expectations for a December Fed rate cut fade
USD/CHF continues to gain ground for the second successive session, trading around 0.7950 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains amid diminishing likelihood of a Federal Reserve (Fed) interest rate cut in December.
USD/CHF
Fxstreet
Mon, Nov 17
Run on stablecoins could force ECB to adjust monetary policy, Sleijpen tells FT
Nov 17 (Reuters) - The European Central Bank could be forced to adjust monetary policy if a run on stablecoins were to send shockwaves through the economy, a top ECB policymaker told the Financial Times in an interview published on Monday."If stablecoins in the U.S. increase at the same pace as ...
Reuters
Mon, Nov 17
USD/INR consolidates below 89.00 as Indian economic outlook offsets USD strength
The USD/INR pair extends its sideways consolidative price move through the Asian session on Monday and remains confined in a familiar range held over the past two weeks or so.
Fxstreet
Mon, Nov 17
AUD/JPY Price Forecast: Bullish momentum holds above EMA near 100.50
The AUD/JPY cross loses ground near 100.85 during the early European session on Monday. The potential downside for the cross might be limited as the stronger-than-expected Australian employment data reinforced expectations for a cautious stance from the Reserve Bank of Australia (RBA).
AUD/JPY
Fxstreet
Mon, Nov 17
Silver Price Forecast: XAG/USD jumps to near $51.00 amid uncertainty after the shutdown ends
Silver price (XAG/USD) trades in positive territory near $51.00 during the Asian trading hours on Monday. The white metal edges higher amid uncertainty following the end of the US government's shutdown.
Silver
Fxstreet
Mon, Nov 17
USD/CAD holds gains near 1.4050 due to declining Oil prices
USD/CAD edges higher after registering modest losses in the previous session, trading around 1.4030 during the Asian hours on Monday. The pair advances as the commodity-linked Canadian Dollar (CAD) struggles amid lower crude Oil prices.
USD/CAD
Fxstreet
Mon, Nov 17
Japanese Yen languishes near nine-month low against USD after Japan's Q3 GDP print
The Japanese Yen (JPY) continues with its relative underperformance against its American counterpart during the Asian session on Monday and remains closer to a nine-month low touched last week.
USD/JPY
Fxstreet
Mon, Nov 17
Australian Dollar declines as US Dollar gains on reduced Fed rate cut odds
The Australian Dollar (AUD) loses ground against the US Dollar (USD) on Monday after registering gains in the previous session.
AUD/USD
Fxstreet
Mon, Nov 17
FOREX-Dollar steady as investors eye release of US data backlog
US data dump begins this week, Sept nonfarm payrolls due ThursdayCurrencies on guard ahead of releases, dollar firmsSterling under pressure in run-up to UK government's budgetJapan's economy contracts for first time in six quartersBy Rae Wee SINGAPORE, Nov 17 (Reuters) - The dollar firmed...
Reuters
Mon, Nov 17
Australia, NZ dollars slip after bumper week, US jobs data in focus
Aussie braces for RBA minutes, wages dataKiwi steadied above 7-month trough SYDNEY, Nov 17 (Reuters) - The Australian and New Zealand dollars slipped on Monday after a bumper week when the U.S. government reopened from a record long shutdown, while traders are waiting for a U.S. jobs report that...
Reuters
Mon, Nov 17
South Korea Trade Balance dipped from previous $6.057B to $6B in October
South Korea Trade Balance dipped from previous $6.057B to $6B in October
Fxstreet
Mon, Nov 17
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