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EUR/USD dives as France Prime Minister resigns unexpectedly
The Euro is plunging across the board on Monday, following news that France's Prime Minister, Sébastien Lecornu, resigned. EUR/USD has sliced through the 1.1700 area and is approaching one-month lows at 1.1645 at the time of writing.Fxstreet
Mon, Oct 6
USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel
USD/CAD remains subdued for the second successive session, trading around 1.3950 during the European hours on Monday. The technical analysis of the daily chart suggests the weakening of the bullish bias as the pair is attempting to break below the ascending channel pattern.
Fxstreet
Mon, Oct 6
GBP/JPY gathers strength above 201.50 as Sanae Takaichi wins LDP election
The GBP/JPY cross climbs to around 201.70, the highest since July 2024, during the early European session on Monday. The Japanese Yen (JPY) weakens against the Pound Sterling (GBP) as a ruling-party vote for Sanae Takaichi to become Japan’s next Prime Minister.
Fxstreet
Mon, Oct 6
USD/CHF ticks down to near 0.7950 despite recovery in US Dollar
The USD/CHF pair edges down to near 0.7955 during the late Asian trading session on Monday. The Swiss Franc pair faces slight selling pressure even as the US Dollar (USD) recovers firmly, suggesting significant strength in the Swiss Franc (CHF).
Fxstreet
Mon, Oct 6
EUR/JPY Price Forecast: Reaches fresh all-time highs above 176.00
EUR/JPY opened at a gap-up, extending its gains and trading around 176.20 during the Asian hours on Monday. The technical analysis of the daily chart indicates strengthening of a bullish bias as the currency cross has broken above the ascending channel pattern.
Fxstreet
Mon, Oct 6
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