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Iron ore extends gain as Goldman Sachs lifts fourth-quarter price forecast
By Amy Lv and Lewis Jackson BEIJING, Sept 3 (Reuters) - Prices of iron ore futures climbed for a second straight session on Wednesday, as Goldman Sachs raised its average price forecast for the fourth quarter of this year to $95 a metric ton from $90 a ton previously.The most-traded January iron ...Reuters
Wed, Sep 3
NZD/USD retreats below 0.5850 weighed by a cautious market mood
The US dollar continues to outperform its main peers on Wednesday, as debt fears return to the market, to the detriment of risk-sensitive currencies like the New Zealand Dollar, which has depreciated by more than 1% from Tuesday’s highs.The Kiwi Dollar was rejected at two-week highs around 0.5915 ea
Fxstreet
Wed, Sep 3
EUR/USD dips further against a firmer US Dollar on renewed debt fears
The EUR/USD pair is heading south for the second consecutive day on Wednesday, trading at 1.1620 at the time of writing. Renewed concerns about the increasing fiscal deficits in major economies have triggered a sell-off in bond marketsFxstreet
Wed, Sep 3
Treasury B.V. Agrees Reverse Listing With MKB Nedsense N.V.
Sept 3 (Reuters) - Treasury B.V., MKB Nedsense N.V. NEDSE.ASHAS ENTERED INTO A BINDING AGREEMENT WITH MKB NEDSENSE N.V. TO UNDERTAKE A REVERSE LISTING TRANSACTIONTO BE LISTED ON EURONEXT AMSTERDAMTREASURY - TREASURY HAS RAISED INITIAL FUNDING OF €126 MILLIONISSUE PRICE OF EUR 0.087 PRE-SHARE CONSOLI...Reuters
Wed, Sep 3
FOREX-Sterling, yen undermined by fiscal and political concerns
Sterling, yen struggle to regain footingInvestors worried about rising debt levels globallyUncertainty over Japan's political future clouds BOJ outlookBy Rae Wee SINGAPORE, Sept 3 (Reuters) - The British pound and the yen came under pressure on Wednesday, following heavy selling stoked by ren...Reuters
Wed, Sep 3
USD/CHF trades firmly near 0.8050 as risk-off mood improves US Dollar’s appeal
The USD/CHF pair extends its winning streak for the third trading day on Wednesday. The Swiss Franc pair rises to near 0.8050 as the safe-haven demand of the US Dollar (USD) has increased, following a significant surge in long-dated bond yields across the globe.
Fxstreet
Wed, Sep 3
USD/CAD strengthens to near 1.3800 as BoC rate cut bets rise
The USD/CAD pair trades in positive territory for the third consecutive day near 1.3795 during the early European session on Wednesday. The Canadian Dollar (CAD) edges lower against the Greenback as traders weigh the prospects of a Bank of Canada (BoC) interest rate cut this month.
Fxstreet
Wed, Sep 3
EUR/JPY rises to near 173.00 due to widening yield differentials, HCOB PMI eyed
EUR/JPY continues its winning streak for the fifth-consecutive day, trading around 172.80 during the Asian hours on Wednesday. HCOB Purchasing Managers’ Index (PMI) data from Eurozone and Germany will be eyed later in the day.
Fxstreet
Wed, Sep 3
USD/INR edges higher ahead of India GST council meeting
The Indian Rupee (INR) opens slightly lower against the US Dollar (USD) on Wednesday. The USD/INR pair ticks up to near 88.23 ahead of the two-day Goods and Services Tax (GST) council meeting on Wednesday, aiming to revise tax slabs from four to two.Fxstreet
Wed, Sep 3
GBP/USD attracts some sellers below 0.6550 ahead of BoE’s Breeden speech
The GBP/USD pair attracts some sellers near 0.6520 during the Asian trading hours on Wednesday. The Pound Sterling (GBP) weakens against the US Dollar (USD) amid concerns about the UK's ability to keep its finances under control.
Fxstreet
Wed, Sep 3
Australian dollar gets a hand from upbeat GDP, rising yields
Aussie supported by positive economic dataGDP growth tops forecasts, driven by consumer spendingMarkets still priced for further rate cut in November By Wayne Cole SYDNEY, Sept 3 (Reuters) - The Australian dollar edged higher on Wednesday as data showed the domestic economy rebounded by more than...Reuters
Wed, Sep 3
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