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NZD/USD holds near cyclical lows after mixed Q3 CPI – BBH
NZD/USD is directionless just above last week’s cyclical low of 0.5683. New Zealand Q3 CPI was mixed, BBH FX analysts report.
NZD/USD
Fxstreet
Mon, Oct 20
USD/JPY rebounds as Japan forms coalition – BBH
USD/JPY recovered to 150.75 after dropping briefly under 149.50 on Friday, BBH FX analysts report.
USD/JPY
Fxstreet
Mon, Oct 20
EUR: A landmark EU meeting for the euro? – Commerzbank
This week, the EU heads of state and government are gathering in Brussels. A central topic of discussion will be the European Union's rearmament efforts, aiming for Europe to be fully defense-capable, i.e. militarily independent from the United States by 2030.
EUR/USD
Fxstreet
Mon, Oct 20
Turkish central bankers are teeing up slower rate cuts, investors say after meetings
By Karin Strohecker and Jonathan Spicer WASHINGTON/ISTANBUL, Oct 20 (Reuters) - Turkish central bankers told foreign investors in meetings last week that they were increasingly concerned about inflation and suggested they were ready to slow down the pace of interest rate cuts, according to four p...
Reuters
Mon, Oct 20
TRY: Inflation expectations worsen further – Commerzbank
The Central Bank of Turkey's (CBT’s) latest monthly survey revealed a worsening picture of inflation expectations, with market participants now anticipating an end-2025 inflation rate of 31.8%.
USD/TRY
Fxstreet
Mon, Oct 20
Switzerland, EU amend deal on tax information exchange
FRANKFURT, Oct 20 (Reuters) - Switzerland and the European Union agreed to update their existing pact on exchanging information on the taxation of financial accounts to reflect the collection of value-added taxes, the Swiss government said on Monday.The agreement also contains provisions on withhold...
Reuters
Mon, Oct 20
EU members states agree to ban imports of Russian gas by the end of 2027 - Bloomberg
Energy ministers from the European Union (EU), in a meeting at Luxemburg on Monday, agree on a joint position to ban imports of gas supplies from Russia by the end of 2027, Bloomberg reported.
WTI
Fxstreet
Mon, Oct 20
EUR: At fair value – ING
The eurozone calendar is empty until Friday’s PMI and EUR/USD moves will primarily depend on market sentiment about the US credit market. What is important to note is that EUR/USD is spot on its short-term fair value (1.167) despite the recent rally, ING's FX analyst Francesco Pesole notes.
EUR/USD
Fxstreet
Mon, Oct 20
RPT-FOREX-US dollar up against yen, slips versus euro as focus turns back to politics
Investors still worried about US credit risks and US-China trade tensionsPolitics back in focus as Takaichi is poised to become prime ministerYen pulled in two directions by hawkish BOJ and dovish government expectationsMarkets unwilling to price out French political risksBy Stefano Rebaudo and Kevi...
Reuters
Mon, Oct 20
EUR/JPY rises on Yen weakness after coalition confirmation, Euro weighed by data
EUR/JPY edges higher on Monday, gaining 0.10% to 175.70 at the time of writing. After hitting a two-week low on Friday, the pair benefits from renewed Japanese Yen (JPY) weakness amid a shifting political landscape in Tokyo.
EUR/JPY
Fxstreet
Mon, Oct 20
Eurozone Construction Output w.d.a (YoY) fell from previous 3.2% to 0.1% in August
Eurozone Construction Output w.d.a (YoY) fell from previous 3.2% to 0.1% in August
EUR/USD
Fxstreet
Mon, Oct 20
Eurozone Construction Output s.a (MoM) declined to -0.1% in August from previous 0.5%
Eurozone Construction Output s.a (MoM) declined to -0.1% in August from previous 0.5%
EUR/USD
Fxstreet
Mon, Oct 20
AUD/USD trades marginally higher around 0.6500 amid receding US-China trade tensions
The AUD/USD pair ticks up to near 0.6500 during the Asian trading session on Monday. The Aussie pair edges higher as the Australian Dollar (AUD) gains slightly, following hopes that trade frictions between the United States (US) and China are receding.
AUD/USD
Fxstreet
Mon, Oct 20
Pound Sterling consolidates against US Dollar at the start of UK-US inflation week
The Pound Sterling (GBP) trades flat around 1.3425 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair struggles for a direction, while the US Dollar (USD) stabilizes on easing trade frictions between the United States (US) and China.
GBP/USD
Fxstreet
Mon, Oct 20
Bank of Korea says swap line not appropriate tool for US trade deal
SEOUL, Oct 20 (Reuters) - South Korea's central bank governor said on Monday no discussions had taken place with the U.S. Federal Reserve on establishing a bilateral currency swap line, as it was not an appropriate tool to be considered for a trade deal. Governor Rhee Chang-yong said it was irre...
Reuters
Mon, Oct 20
USD/CAD Price Forecast: Rises toward 1.4050 due to potential for bullish reversal
USD/CAD inches higher after registering losses in the previous session, trading around 1.4030 during the European hours on Monday. The technical analysis of the daily chart suggests a bullish reversal as the pair is attempting a rebound within the ascending channel pattern.
USD/CAD
Fxstreet
Mon, Oct 20
EUR/USD wavers directionless amid a moderate risk-on mood
EUR/USD remains practically flat on Monday's early European opening, trading at 1.1665 at the moment of writing. The pair bounced at 1.1650 earlier on the day, favoured by a somewhat brighter market mood on signs of easing tensions between the US and China, but it is lacking upside momentum.
EUR/USD
Fxstreet
Mon, Oct 20
GBP/JPY Price Forecast: Choppy price action around 202.00
The British Pound has been on an extended correction since peaking at the 206.30 area in early October. Price action is moving within a downward channel, with the larger wicks in the daily chart showing a hesitant market.
GBP/JPY
Fxstreet
Mon, Oct 20
Forex Today: Risk mood improves in quiet start to week
Here is what you need to know on Monday, October 20:
Fxstreet
Mon, Oct 20
FOREX-Aussie gains on easing trade tensions, resilient Chinese economy
Trump softens tariff rhetoric on China, says meeting with Xi still onChinese growth tops estimates despite trade war with WashingtonYen pulled in two ways by hawkish BOJ, dovish government expectationsBy Kevin Buckland TOKYO, Oct 20 (Reuters) - The Australian dollar rose on Monday, cheered by rea...
Reuters
Mon, Oct 20
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