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GBP/USD Price Forecast: Soars towards 1.3400 on soft US data
The Pound Sterling extended its gains against the US Dollar on Tuesday amid a scarce economic docket in the UK.
AUD/USD soars to near 0.6870 on China's big-bang stimulus
The AUD/USD pair rallies to near 0.6870 in Tuesday's North American session.
US CB Consumer Confidence Index falls in September to 98.7
Consumer sentiment in the United States (US) deteriorated in September, with The Conference Board's (CB) Consumer Confidence Index falling to 98.7 in September after printing at 105.6 in August.
GBP/JPY Price Forecast: Major resistance level attained
GBP/JPY rises for the seventh consecutive day on Tuesday. It is now close to the key September 2 high at 193.49.
China: It takes two to tango - Standard Chartered
PBoC announced outsized RRR and policy rate cuts today. Monetary easing would be less effective without proactive fiscal policy, more bond financing is likely.
Fed's Bowman: Cautious on rate cuts to avoid reigniting inflation
Federal Reserve (Fed) Governor Michelle Bowman speaks about the economic outlook and monetary policy at the Kentucky Bankers Association Annual Convention in Virginia.
USD/JPY Price Forecast: Channeling higher
USD/JPY has risen up in a channel since bottoming out at the September 16 low.
NZD/USD Price Forecast: Extends rally to near 0.6300 as China unveils massive stimulus
The NZD/USD pair rallies to near the key resistance of 0.6300 in Tuesday's North American session.
EUR/JPY weakens as China stimulus revives carry trade, weighing on Yen
EUR/JPY is trading in the 160.20s, up almost 0.40% on Tuesday, after the announcement of substantial new stimulus measures by China revived the carry trade, which weighed on the Japanese Yen (JPY), the most popular funding currency for this type of trade.
Crude Oil jumps above $72 as China issues cash injection, UN assembles
Crude Oil pops higher on Tuesday after the Chinese government launched a 500 billion Yuan (CNY) stimulus plan to reboot its economy. This liquidity injection plan should boost Chinese demand again for Crude Oil. Meanwhile, the geopolitical front is
HUF: Central Bank rate cutting set to resume - Commerbank
The Hungarian MPC paused monetary easing in August as underlying inflation indicators were not improving at all in the preceding months.
EUR/SEK to tick modestly lower medium-term - Rabobank
The Bloomberg survey indicates a unanimous expectation among surveyed economists for a 25 bp rate reduction from the Riksbank at tomorrow's policy meeting.
CAD: Are we seeing interest rate cuts of 50 basis points? - Commerzbank
Recently, Bank of Canada (BoC) Governor Tiff Macklem hinted that a larger rate cut of 50 basis points may be appropriate in the coming months.
USD/CNY's outlook depends more on the Fed than PBOC - DBS
China's latest rate cut did little to dent the CNY's recovery, DBS' FX strategist Philip Wee notes.
Reserve Bank of Australia retains its hawkish stance - Commerzbank
The Reserve Bank of Australia (RBA) left its cash rate unchanged at 4.35% at its monetary policy meeting today, Commerzbank's FX Analyst Volkmar Baur notes.
Euro in a mild bout of weakness - Commerzbank
The Euro (EUR) suffered a mild bout of weakness on Monday, as the mostly disappointing purchasing managers' indices were gradually released.
China: Strong stimulus measures lift sentiment - UOB Group
The People's Bank of China (PBOC), China Securities Regulatory Commission (CSRC) and National Financial Regulatory Administration (NFRA) announced a slew of stimulus measures in a joint briefing on Tue (24 Sep).
USD/CAD Price Prediction: Wave C of Measured Move probably unfolding
USD/CAD has rolled over and is beginning to fall in a new down-leg.
Silver Price Forecast: XAG/USD jumps to near $31 on multiple tailwinds
Silver price (XAG/USD) climbs to near $31.00 in Tuesday's European session.
US Dollar steadies as the Greenback not impressed by China's stimulus plan
The US Dollar (USD) trades mixed on Tuesday after the Chinese government issued measures to reboot its sluggish economy. The main key elements of the plan are the 500 billion Yuan (CNY) cash injection and the liquidity line with the People's Bank of
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