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EUR/USD: Consolidating on the day - OCBC
Euro (EUR) continued to trade near recent lows amid broad USD strength, softer EU data and dovish ECBspeaks, which led markets to price in more dovish expectations (near 40% probability of 50bp cut at Dec meeting).
CEE: Polish government to discuss higher budget deficit - ING
The calendar will become more interesting tomorrow. However, the Polish government is expected to today discuss an increase in the state budget deficit for this year following weaker tax revenues and higher flood-related spending, ING's FX analyst Frantisek Taborsky notes.
NZD/USD: To trade sideways between 0.5965 and 0.6005 - UOB Group
Instead of continuing to decline, NZD is more likely to trade sideways between 0.5965 and 0.6005.
DXY: Bullish momentum fading - OCBC
The US Dollar (USD) rally paused overnight as markets took stock on the 4% rally in DXY since end of September, OCBC's FX analyst Frances Cheung and Christopher Wong note.
US Dollar consolidates near three-month highs ahead of US data
US consolidates near three-month highs following a 3.5% rally in October.
EUR/USD ticks up ahead of US JOLTS Job Openings data
EUR/USD gains slightly near the round-level figure of 1.0800 in Tuesday's European session.
Mexican Peso edges higher as market turns risk-on
The Mexican Peso (MXN) edges higher on Tuesday, rising by about a quarter of a percent across its most-heavily traded pairs.
AUD/USD: To continue to decline to 0.6560 - UOB Group
Oversold decline in Australian Dollar (AUD) could extend to 0.6560 before stabilisation can be expected.
EUR: Helped by deleveraging in less liquid currencies - ING
As discussed in the USD section above, when liquidity becomes a discriminating factor in FX, the Euro (EUR) can find some support in the crosses.
Speculative shorts on JPY are rising further - OCBC
The Japanese Yen (JPY) is playing the outlier role, being the developed currency with the greatest influence from domestic events, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBP/USD: Downward momentum is slowing - UOB Group
The Pound Sterling (GBP) is expected to trade in a sideways range of 1.2940/1.2995.
NZD/USD Price Forecast: Falls toward 0.5950 within the descending channel
The NZD/USD pair continues its losing streak for a third consecutive session, trading near 0.5980 during Tuesday's European session.
GBP: No risk premium ahead of UK Budget - ING
The Pound Sterling (GBP) is in full wait-and-see mode ahead of tomorrow's Budget announcement by Chancellor Rachel Reeves.
China considers approving fresh fiscal package worth over CNY10 trln on Nov 8
Citing two sources with knowledge of the matter, Reuters reported on Thursday that China's top legislative body is considering approving a fresh fiscal package which could be worth over 10 trillion (trln) Yuan on November 8.
USD: Data tests start today - ING
The performance since the weekend in G10 suggests there is both a liquidity component and more Trump hedges driving FX at the moment, ING's FX analyst Francesco Pesole notes.
AUD/USD finds support ahead of mid-0.6500s, not out of the woods yet amid bullish USD
The AUD/USD pair remains under some selling pressure for the third successive day on Tuesday and drops to its lowest level since August 8, closer to mid-0.6500s during the first half of the European session.
EUR/USD: Above 1.0840, EUR decline set to end - UOB Group
Euro (EUR) is likely to trade in a range, probably between 1.0790 and 1.0830.
US JOLTS Job openings expected to resume downward trend in September
The Job Openings and Labor Turnover Survey (JOLTS) will be released on Tuesday by the US Bureau of Labor Statistics (BLS).
Pound Sterling flattens for second consecutive day as UK budget takes centre stage
The Pound Sterling (GBP) trades in a tight range below the psychological resistance of 1.3000 against the US Dollar (USD) in Tuesday's London session.
AUD/JPY depreciates to near 100.50, downside appears limited due to hawkish RBA
AUD/JPY retraces its recent gains from the previous session, trading around 100.50 during the early European hours on Tuesday.
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