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Brazil posts higher-than-expected September trade surplus, lifts annual outlook
BRASILIA, Oct 6 (Reuters) - Brazil posted a higher-than-expected trade surplus in September, official data showed on Monday, as the government raised its forecast for the full-year positive balance.Latin America's largest economy recorded a trade surplus of $2.99 billion in September, beatin...
Reuters
Mon, Oct 6
FOREX-Japanese yen, euro slide against dollar on fiscal concerns
Takaichi set to become Japan's first female prime ministerTakaichi's policies may delay BOJ's rate hike plansEuro highest against yen since euro introduction in 1999Euro down vs dollar and sterling after new French PM quitsFed funds futures imply over 95% chance of October US rate cutBy ...
Reuters
Mon, Oct 6
Australian Dollar rises as Greenback softens on shutdown, dovish Fed outlook
The Australian Dollar (AUD) trades on the front foot against the US Dollar (USD) on Monday, extending its recovery as the Greenback’s early strength fades. The pair rebounds toward the upper end of its recent consolidation band after swinging sharply in both directions earlier in the day.
AUD/USD
Fxstreet
Mon, Oct 6
Brazil posts higher-than-expected September trade surplus, lifts annual outlook
BRASILIA, Oct 6 (Reuters) - Brazil posted a higher-than-expected trade surplus in September, official data showed on Monday, as the government raised its forecast for the full-year positive balance.Latin America's largest economy recorded a trade surplus of $2.99 billion in September, beating th...
Reuters
Mon, Oct 6
FX Today: Fedspeak expected to grab all the attention
The US Dollar (USD) rose to multi-day highs on Monday, propped up almost exclusively by the strong depreciation of the Japanese Yen.
EUR/USD
Fxstreet
Mon, Oct 6
Canadian Dollar steadies as Oil recovery offsets US Dollar's limited gains
The USD/CAD exchange rate remains stable on Monday, hovering around 1.3950 at the time of writing. The cross edged lower earlier on Monday as the commodity-linked Canadian Dollar (CAD) gained support from the rebound in Oil prices, before stabilizing.
USD/CAD
Fxstreet
Mon, Oct 6
Russia puts third asset of Silgan Holdings under temporary management
MOSCOW, Oct 6 (Reuters) - Russia has seized a third company belonging to Silgan Holdings Inc SLGN.N and placed it under temporary management, a decree signed by President Vladimir Putin showed on Monday.In July, Putin's decree put two assets belonging to Silgan Holdings Austria GmbH and Silgan M...
Reuters
Mon, Oct 6
EUR/JPY steadies near record high as Euro and Yen face political shocks
EUR/JPY stabilizes around 175.70 on Monday, up 1.4% for the day, after reaching a record high of 176.25. The unexpected resignation of French Prime Minister Sébastien Lecornu, announced just hours after unveiling his new cabinet, shocked markets and weighed on the single currency.
EUR/JPY
Fxstreet
Mon, Oct 6
EUR/USD rebounds above 1.1700 as US Dollar strength fades amid shutdown, Fed cut bets
The Euro (EUR) recovers modestly against the US Dollar (USD) on Monday, paring earlier losses after briefly hitting its lowest level in nearly two weeks. The pair climbs back above 1.1700 as the Greenback’s initial advance, driven by weakness in the Euro and the Japanese Yen (JPY), loses steam.
EUR/USD
Fxstreet
Mon, Oct 6
Gold blazes through $3,900/oz to new records as investors flee uncertainty
By Anushree Mukherjee Oct 6 (Reuters) - Gold prices surged to record highs above $3,900 per ounce on Monday on expectations of further U.S. rate cuts, and as investors fleeing economic and political uncertainty piled into the safe-haven precious metal.Spot gold hit an all-time peak of $3,958.57 a...
Reuters
Mon, Oct 6
GBP/USD flat as US shutdown drags into sixth day
The Pound Sterling remains flat during the North American session as the government shutdown in the US reached its sixth day, which has kept financial markets trading blind without economic data. The GBP/USD trades at around 1.3474, virtually unchanged.
GBP/USD
Fxstreet
Mon, Oct 6
French markets fall, investors see no 'silver bullet' for political crisis
PM Lecornu resignsFrench risk premium spikes to January highFrench banking shares, bonds under pressureCredit default swaps jump By Amanda Cooper and Samuel Indyk LONDON, Oct 6 (Reuters) - French stocks and the euro fell while France's borrowing costs jumped on Monday, as the government colla...
Reuters
Mon, Oct 6
GBP/JPY jumps to fresh year-to-date high as Yen weakness amid Japan's political shift
The British Pound (GBP) strengthens against the Japanese Yen (JPY) on Monday, opening the week with a sharp gap higher as the Yen weakens following Japan’s political transition.
GBP/JPY
Fxstreet
Mon, Oct 6
FOREX-Japanese yen, euro slide against dollar on fiscal concerns
Takaichi set to become Japan's first female prime ministerTakaichi's policies may delay BOJ's rate hike plansEuro hits record high against yenEuro tumbles vs dollar and sterling after new French PM quitsFed funds futures imply over 95% chance of October US rate cutBy Karen Brettell NE...
Reuters
Mon, Oct 6
Japanese and French politics help sterling to gain on euro and yen
(Reuters) - The pound benefited from weakness elsewhere on Monday, reaching its strongest in nearly four weeks on the euro, and an over one-year top on the tumbling Japanese yen, with both currencies hit by domestic political developments. Britain-specific news was fairly thin on the ground, but the...
Reuters
Mon, Oct 6
Brazil's Lula, Trump hold video call, says source
BRASILIA, Oct 6 (Reuters) - Brazilian President Luiz Inacio Lula da Silva and United States President Donald Trump are holding a videoconference call to discuss tariffs, a source at the Brazilian government told Reuters on Monday.
Reuters
Mon, Oct 6
Big investment banks cool on Japan's yen after Takaichi win
By Alun John and Amanda Cooper LONDON, Oct 6 (Reuters) - Several large banks said they were closing bullish trade recommendations on the Japanese yen after the country's ruling party on Sunday picked as its leader Sanae Takaichi, whose views on fiscal and monetary policy have unnerved currenc...
Reuters
Mon, Oct 6
EUR/CHF dips as French political crisis deepens following PM Lecornu's resignation
The Euro (EUR) trades on the back foot against the Swiss Franc (CHF) on Monday, with EUR/CHF briefly sliding to its lowest level since September 10.
EUR/CHF
Fxstreet
Mon, Oct 6
Better policies, deeper markets help emerging economies weather shocks, says IMF
Improved policy frameworks add to growth, lower inflationEMs with strong fundamentals see stable bond yields, better liquidity during stressForeign investors impact EM spreads and liquidity during shocksBy Rodrigo Campos NEW YORK, Oct 6 (Reuters) - Emerging market economies have become better at ...
Reuters
Mon, Oct 6
FOREX-Japanese yen slides on likely new leader, euro pressured by French PM resignation
Takaichi set to become Japan's first female prime ministerTakaichi's policies may delay BOJ's rate hike plansEuro hits record high against yenEuro tumbles vs dollar and sterling after new French PM quitsFed funds futures imply over 95% chance of October U.S. rate cutBy Gregor Stuart Hunt...
Reuters
Mon, Oct 6
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