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USD/INR tumbles at open on possible RBI’s intervention
The Indian Rupee (INR) advances significantly at open against the US Dollar (USD) on Wednesday. The USD/INR pair posts a fresh three-week low near 88.10 as the US Dollar extended its weakness, with Federal Reserve (Fed) dovish expectations returning under the spotlight.Fxstreet
Wed, Oct 15
EUR/USD strengthens above 1.1600 as Fed’s Powell keeps door open for rate cuts
The EUR/USD pair gains ground to near 1.1620 during the Asian trading hours on Wednesday. The US Dollar (USD) softens against the Euro (EUR) after remarks from Federal Reserve (Fed) Chair Jerome Powell bolstered wagers on an interest rate cut this month.
Fxstreet
Wed, Oct 15
NZD/USD holds positive ground above 0.5700 as China’s deflation eases in September
The NZD/USD pair gains ground near 0.5720 during the Asian trading hours on Wednesday. Nonetheless, softer-than-expected Chinese consumer prices and rising trade tensions between the United States and China might cap the upside for the China-proxy New Zealand Dollar (NZD).
Fxstreet
Wed, Oct 15
Silver Price Forecast: XAG/USD climbs to near $52.00 on fresh US-China trade tensions
Silver price (XAG/USD) holds positive ground around $51.90 during the early Asian session on Wednesday. The white metal retreats from an all-time high after a historic squeeze in London began to show some signs of easing.
Fxstreet
Wed, Oct 15
When is the China CPI and PPI release, and how could it impact AUD/USD?
China releases its latest Consumer Price Index (CPI) and Producer Price Index (PPI) inflation metrics early Wednesday at 01:30 GMT, and will be providing markets with a much-needed update on potential trade war fallout between China and the US as trade tensions between the two giants ramps up once aFxstreet
Tue, Oct 14
USD/JPY drifts lower below 152.00 amid renewed trade tensions
The USD/JPY pair attracts some sellers to around 151.80 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) amid escalating trade tensions between the US and China and a persistent risk-off environment.Fxstreet
Tue, Oct 14
EUR/USD climbs above 1.16 as Powell’s neutral tone weigh on Dollar
EUR/USD recovers some ground on Tuesday as the Greenback weakens post neutral-dovish remarks by Fed Chair Jerome Powell and as the French government announced a suspension of a pension reform. The pair trades at 1.1606 up 0.32%.Fxstreet
Tue, Oct 14
AUD/USD trims losses as Greenback weakens amid dovish Fed outlook and US-China frictions
The Australian Dollar (AUD) trims losses against the US Dollar (USD) on Tuesday after sliding earlier to its weakest level since August 22, as fears of a revived trade war between the United States and China weighed on sentiment, given Australia’s close trade ties with China.Fxstreet
Tue, Oct 14
NZD/USD Price Forecast: Downtrend persist after hitting six-month low
The New Zealand Dollar trims some of its earlier losses, as the Greenback turns negative on the day sponsored by the escalation of trade tensions between Washington and Beijing and Fed Chair Jerome Powell slightly dovish remarks. The NZD/USD trades at 0.5718, down 0.14%.Fxstreet
Tue, Oct 14
USD/JPY drops as Powell flags monetary risks, trade frictions boost Yen
USD/JPY drops 0.30% on Tuesday to around 151.80 at the time of writing, in a cautious environment dominated by renewed US-China trade frictions. News that both countries are increasing port fees on cargo shipments has reignited fears of a deeper disruption to global trade.Fxstreet
Tue, Oct 14
EUR/USD rebounds as US-China tensions flare, focus shifts to Powell
The Euro (EUR) advances against the US Dollar (USD) on Tuesday, with EUR/USD erasing earlier losses as the Greenback weakens amid renewed US-China trade tensions and growing expectations of a more dovish Federal Reserve (Fed) stance.Fxstreet
Tue, Oct 14
GBP/USD slides toward 1.33 as weak UK jobs data fuels BoE rate cut bets
GBP/USD prolongs its losses for the second consecutive day during the week as soft data in the UK justifies the need for lower interest rates by the Bank of England. The extension of the government shutdown in the US, keeps the schedule light, except for Fed Chair Jerome Powell speech.
Fxstreet
Tue, Oct 14
GBP weak, down 0.5% on broad labor market disappointment – Scotiabank
The Pound Sterling (GBP) is weak, down 0.5% against the US Dollar (USD) and a mid-performer among the G10 in an environment of risk aversion and broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Oct 14
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