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AUD/USD: Unlikely to reach 0.6700 – UOB Group
Australian Dollar (AUD) is likely to continue to edge higher, but it is unlikely to reach 0.6700. In the longer run, the price action continues to suggest a higher AUD; the next level to watch is 0.6700, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
43 minutes ago
FOREX-Dollar slides to multi-month lows ahead of Fed rate decision
Dollar sinks to 2-month low vs euro, sterling; 10-month low vs AussieFocus on Fed rate decision on WednesdayBoE announces rate decision on Thursday, Bank of Japan on FridayBy Joice Alves LONDON, Sept 16 (Reuters) - The dollar slid to a more than two-month low against sterling and the euro and a 1...Reuters
an hour ago
China’s yuan hits 9-year high vs dollar, while collapsing vs Europe and Japan
The yuan just climbed to its strongest level against the U.S. dollar in nine years, trading at 7.118 per dollar on Monday, according to data from CNBC. At the same time, it’s been sinking against every other major currency, setting off alarms from India to Mexico. But oh this isn’t some weird fluke,Cryptopolitan
3 hours ago
COLUMN-Euro credit convergence erasing core-periphery divide: Mike Dolan
By Mike Dolan LONDON, Sept 16 (Reuters) - While France's credit rating downgrade on Friday generated politically charged headlines, the bigger surprise was Spain's upgrade which got far less attention. An even bigger story is euro credit convergence and the disappearance of the long-stand...Reuters
4 hours ago
CORRECTED-FOREX-Dollar wobbles as traders eye series of Fed rate cuts
Markets see total of 81 bps of cuts by end-JanuaryDollar sinks to 2-1/2-month low vs euro, 10-month low vs AussieBoE announces rate decision on Thursday, Bank of Japan on FridayBy Kevin Buckland TOKYO, Sept 16 (Reuters) - The dollar sank to a 2-1/2-month low against the euro and a 10-month trough...Reuters
4 hours ago
INDIA RUPEE-Rupee ticks higher tracking Asian peers, importer activity may limit gains
By Jaspreet Kalra MUMBAI, Sept 16 (Reuters) - The Indian rupee advanced slightly on Tuesday to its strongest level in a week, tracking gains in regional currencies, as the dollar remained on the defensive amid wagers that the U.S. Federal Reserve will deliver a rate cut this week.The rupee INR=IN...Reuters
4 hours ago
South Korea prime minister says FX swap with US is necessary
SEOUL, Sept 16 (Reuters) - South Korea's prime minister said on Tuesday there had been discussions about setting up a foreign exchange swap line with the U.S. because it was deemed necessary. South Korea's negotiations with the U.S. on a trade deal to lower tariffs have stalled amid concerns...Reuters
4 hours ago
Australia dollar notches another top, momentum on its side
By Wayne Cole SYDNEY, Sept 16 (Reuters) - The Australian dollar eked out its fifth-straight high for the year on Tuesday as the outlook for interest rate and yield spreads shifted in its favour, while technical momentum remained bullish.The Aussie was steady at $0.6667 AUD=D3, having earlier edgeReuters
7 hours ago
INDIA RUPEE-Rupee to push higher on dollar weakness in lead up to Fed meeting
By Nimesh VoraMUMBAI, Sept 16 (Reuters) - The Indian rupee is expected to open higher on Tuesday, buoyed by the dollar's struggles in the run-up to the U.S. Federal Reserve's policy decision, with traders watching out for potential hints on further rate cuts.The 1-month non-deliverable forw...Reuters
7 hours ago
Japan will carefully consider measures to pressure Russia, finance minister says
TOKYO, Sept 16 (Reuters) - Japan's Finance Minister Katsunobu Kato said on Tuesday the government will carefully consider what measures would be most effective in pressuring Russia, while noting challenges in imposing higher tariffs on countries buying Russian oil.His comments come after the U.S...Reuters
7 hours ago
Argentina's draft budget sees economy growing 5% in 2026
BUENOS AIRES, Sept 15 (Reuters) - Argentina's economy is estimated to expand 5% next year, a draft budget document showed on Monday, even as the country is expected to log a trade deficit surpassing $5.75 billion.The government of President Javier Milei expects inflation to hit 10.1% in 2026, wh...Reuters
8 hours ago
FOREX-Dollar on back foot as traders eye series of Fed rate cuts
By Kevin Buckland TOKYO, Sept 16 (Reuters) - The dollar traded near a 2-1/2 month low against the euro and close to a 10-month trough versus the risk-sensitive Aussie on Tuesday as investors cemented bets for a Federal Reserve interest rate cut this week and more to follow.The greenback changed h...Reuters
10 hours ago
FOREX-Dollar slips as traders await Fed interest rate decision
Series of central bank meetings on deck, focus on FedFed expected to cut by 25 bps; BOJ, BOE tipped to hold steadyEuro largely unmoved by Fitch's downgrade of France's credit ratingBy Saqib Iqbal Ahmed NEW YORK, Sept 15 (Reuters) - The dollar weakened across the board on Monday as investo...Reuters
14 hours ago
CANADA FX DEBT-Canadian dollar rises to 10-day high as factory data beats estimates
Canadian dollar gains 0.4% against the greenbackTouches its strongest since September 5Factory sales rise 2.5% in July, beating estimatesBond yields track U.S. Treasury yields lowerBy Fergal Smith TORONTO, Sept 15 (Reuters) - The Canadian dollar strengthened to a 10-day high against its U.S. coun...Reuters
15 hours ago
