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Australian Dollar strong ahead of RBA decision
On Monday the AUD/USD was seen rising by 0.40% to 0.6835 by late in the US session.
USD/JPY Price Forecast: Slips on soft US PMIs, drops below 144.00
The USD/JPY snapped two days of gains and dropped late in the North American session following softer-than-expected US economic data, fueling rate cut speculation by the Federal Reserve.
Forex Today: US Dollar remains under pressure in a post-Fed rate cut world
The Greenback remains off-kilter following the Fed's recent pivot into a rate-cutting cycle.
US Dollar rising despite softer PMI data
The US economy is showing some signs of deceleration, but there are also some signs of the economic activity holding resilient.
Canadian Dollar tests higher ground on Monday
The Canadian Dollar (CAD) found higher ground on Monday, clipping one-half of one percent above the Greenback as investors find firmer footing after the Federal Reserve (Fed) trimmed rate cuts for the first time in over four years last week.
Mexican Peso falls to six-day low after mixed data
The Mexican Peso extended its losses for the fourth straight day against the Greenback, erasing earlier gains as traders digested mixed economic data from Mexico, while S&P Global revealed that business activity in the US remains solid but ticked lower.
Dow Jones Industrial Average teases fresh record high on tepid Monday
The Dow Jones Industrial Average (DJIA) tested into a fresh record bid on Monday, but middling US data prints and cautious Fedspeak early in the day have kept risk appetite restrained.
EUR/USD may fall to 1.10 in the coming weeks - Rabobank
Further softness German data series could further undermine the outlook for the EUR.
EUR/GBP Price Analysis: Bears show no mercy and push the cross to lows since 2022
The EUR/GBP pair continued its downward streak on Monday, declining by 0.50% to 0.8335, its lowest level since April 2022.
CNY: Less pressure on the Yuan - Commerzbank
The yuan going to trade in the next couple of quarters a bit stronger than in the forecast made in August.
GBP/USD Price Forecast: Hits yearly high above 1.3350 amid soft US-UK data
The Pound Sterling soars to new 2024 record high of 1.3355 versus the Greenback on Monday, rising over 0.20% as S&P Global Flash PMIs in the UK and the US show that both economies are slowing.
Fed's Goolsbee: Many more rate cuts over the next year
Federal Reserve (Fed) Bank of Chicago President Austan Goolsbee participates in a fireside chat about the economic outlook and monetary policy at the National Association of State Treasurers Annual Conference in Chicago.
USD/JPY rises above 144.00 after mixed US flash PMI
The USD/JPY pair moves higher above 144.00 in Monday's North American session after the release of the mixed preliminary United States (US) S&P Global Purchasing Managers' Index (PMI) data for September.
GBP/CAD Price Prediction: Bearish Shooting Star candlestick at top of rising channel
GBP/CAD has temporarily broken above the upper channel line of a long-term rising channel before falling back down and closing (on Friday) near where it opened.
EUR/GBP Price Forecast: Downtrend unfolding
EUR/GBP has broken decisively below the July 18 (2024) low and reached the next key target level at 0.8343.
GBP/USD: GBP rebounds from PMI-driven dip - Scotiabank
UK PMI data reflected a softening in activity in September after the recovery in the economy seen earlier this year, Scotiabank's Chief FX Strategist Shaun Osborne notes.
NZD/USD Price Prediction: Breaks back above the range high
NZD/USD has recovered after its recent pullback to the September 11 low.
CNY: 14-day rate cut to have no effect on the currency - Commerzbank
Monday morning, the PBoC cut one of its interest rates, the 14-day repo rate, Commerzbank's FX analyst Volkmar Bauer notes.
EUR/USD: Some corrective weakness in the EUR in the short run - Scotiabank
Eurozone PMI data were soft all round this month. German and French data all reflected weaker or slowing activity, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fed's Bostic: Economy near normal, sustainable path to price stability
Atlanta Federal Reserve President Raphael Bostic is speaking about the economic outlook and monetary policy at the University of London.
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