News
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USD/INR holds position due to foreign outflows from India, 16th BRICS Summit eyed
The Indian Rupee (INR) holds steady against the US Dollar (USD) on Tuesday, bolstered by the potential for market interventions from the Reserve Bank of India (RBI) that have helped the INR weather equity outflows and the dollar's strength.Fxstreet
Tue, Oct 22
USD/CAD consolidates below mid-1.3800s, bullish potential seems intact
The USD/CAD pair oscillates in a narrow band around the 1.3830 region during the Asian session on Tuesday and remains well within the striking distance of its highest level since August 6 touched the previous day.
Fxstreet
Tue, Oct 22
EUR/JPY trades at top of range as Euro remains supported by ECB’s wait-and-see stance
EUR/JPY is trading at the top of a ten-week range in the upper 162.00s on Monday as the Euro (EUR) retains strength after comments from a European Central Bank (ECB) official suggested policymakers may not be in such a rush to lower interest rates whilst the Japanese Yen (JPY) remains under pressure following the release of lower-than-expected inflation data last week.
Fxstreet
Mon, Oct 21
USD/CAD: Markets await BoC – Scotiabank
The Canadian Dollar (CAD) is one of the better-performing currencies on the session when looking at overall ground lost versus the USD on the session but it is trading at session lows against the USD as our trading day gears up, Scotiabank’s Chief FX Strategist Shaun Osborne notes.Fxstreet
Mon, Oct 21
