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CANADA FX DEBT-Canadian dollar steadies as bearish bets on the currency hit a five-month high
Loonie trades in a range of 1.3789 to 1.3844CFTC data shows increase in net short positionsPrice of oil increases 0.7%10-year yield hits a three-month lowBy Fergal Smith TORONTO, Sept 8 (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Monday ahead of key U.S. inf...Reuters
2 hours ago
Canadian Dollar holds steady ahead of key US data
The Canadian Dollar (CAD) is holding within near-term levels on Monday, pushing USD/CAD into a sideways grind over three market sessions. Despite recent shakes on the chart and the appearance of a potential technical floor, the CAD continues to explore lower closes against the Greenback.
Fxstreet
2 hours ago
Brazil's Lula calls for tighter trade ties for BRICS as tariffs bite
BRASILIA, Sept 8 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Monday that more trade and financial integration among the BRICS group of developing nations would help mitigate the effects of protectionism. "Tariff blackmail is being normalized as a tool for conquering markets...Reuters
3 hours ago
GBP/USD climbs as Fed-BoE policy divergence fuels Pound strength
The Pound Sterling advances at the beginning of the week as traders continue to digest the recent US employment report that keeps investors’ chances about an interest rate cut by the Fed. At the time of writing, the GBP/USD trades at 1.3541, up 0.26%.
Fxstreet
4 hours ago
FOREX-US dollar drops on rate cut outlook; yen down amid political uncertainty in Japan
Yen falls on political uncertainty in JapanFrench politics also in focusInvestors pricing in slight chance of outsized September Fed cutBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, Sept 8 (Reuters) - The U.S. dollar fell on Monday, extending losses after Friday's weak U....Reuters
4 hours ago
Brazil's Lula calls for BRICS financial integration amid tariff tensions
SAO PAULO, Sept 8 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Monday that trade and financial integration between the BRICS group of developing nations allows mitigating the effects of protectionism. "Tariff blackmail is being normalized as a tool for conquering markets and...Reuters
5 hours ago
Nasdaq Proposes To Enable Trading Of Tokenized Securities
Sept 8 (Reuters) - Nasdaq Inc NDAQ.O:NASDAQ: FILING WITH SEC PROPOSAL TO AMEND RULES TO ENABLE TRADING OF SECURITIES LISTED ON NASDAQ IN TRADITIONAL DIGITAL OR TOKENIZED FORMNASDAQ: TOKENIZED SECURITIES SHALL BE TRADABLE ON SAME ORDER BOOK & SAME EXECUTION PRIORITY AS TRADITIONAL COUNTERPART, IF...Reuters
6 hours ago
EUR/GBP edges lower as France confidence vote puts Euro under pressure
The Euro (EUR) is trading under pressure against the British Pound (GBP) on Monday, with EUR/GBP hovering above 0.8660 at the time of writing. The cross remains subdued as traders adopt a wait-and-see stance ahead of a crucial confidence vote in France later today.
Fxstreet
6 hours ago
FOREX-Yen dented as political uncertainty grips Japan; dollar fragile
Yen falls on political uncertainty in JapanFrench politics also in focusInvestors pricing in slight chance of outsized September Fed cutBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, Sept 8 (Reuters) - The yen eased on Monday after Japanese Prime Minister Shigeru Ishiba announced his resignation ...Reuters
7 hours ago
Morgan Stanley pulls 'like' stance on Argentina bonds after Milei election hammering
LONDON, Sept 8 (Reuters) - U.S. investment bank Morgan Stanley removed its 'like' stance on Argentina's international bonds on Monday following a heavy defeat for President Javier Milei's party in weekend elections in the province of Buenos Aires."These results appear to increase...Reuters
7 hours ago
USD/JPY rebound stalls below 200-DMA – Société Générale
USD/JPY has bounced from its August low near 146.20 but remains capped by the 200-day moving average. Failure to clear resistance around 150.90–151.20 would keep downside risks in play, with a break below 146.20 opening the door to a deeper correction, Société Générale's FX analysts note.
Fxstreet
7 hours ago
CAD soft but off overnight low as BoC rate expectations shift – Scotiabank
The Canadian Dollar (CAD) has firmed a little on the session, catching a mild lift amid broader US Dollar (USD) losses but gains are lagging decent intraday gains for the NZD and AUD amid positive risk appetite, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
7 hours ago
USD/JPY: Likely to trade in a range between 146.55 and 149.55 – UOB Group
Rapid advance in US Dollar (USD) has scope to test 148.80 before leveling off; 149.55 is unlikely to come under threat. In the longer run, outlook is mixed; USD could trade in a range between 146.55 and 149.55 for now.Fxstreet
7 hours ago
NZD/USD Price Forecast: Soars to near 0.5930 amid risk-on market sentiment
The NZD/USD pair trades 0.66% higher to near 0.5930 during the European trading session on Monday. The Kiwi pair strengthens as the New Zealand Dollar (NZD) outperforms its peers amid cheerful market sentiment.
Fxstreet
8 hours ago
