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EUR/GBP Price Forecast: Rises on weak UK GDP, fluctuates around 50-day SMA
The Euro recovered some ground versus the British Pound on Monday as traders digested the latest UK Gross Domestic Product (GDP) report, which hinted the economy is slowing down.
EUR/USD: Consolidates above 1.0450 - Scotibank
ECB Governor Makhlouf said he believed a 'prudent and cautious' approach to policy setting was appropriate which suggests he is not in favour of a bolder rate cut at the December policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USD/JPY bounces back from 155.00 as BoJ Ueda avoids to provide rate hike timing
The USD/JPY recovers sharply from 155.00 in Monday's North American session after a sharp correction on Friday.
USD/CAD: Little chance of rebounding - Scotiabank
The Canadian Dollar (CAD) is little changed to start the week.
USD holds bullish undertone - Scotiabank
The US Dollar (USD) is consolidating in quieter trade at the start of the week.
US Dollar flat as geopolitical takes centre stage
The US Dollar (USD) consolidates on Monday after a very calm start of the week in the Asian session, with the US Dollar Index (DXY), which gauges the Greenback's value against six major currencies, slightly in the red near a fresh year-to-date high reached last Thursday above 106.50.
AUD seems oversold below 0.65 - DBS
AUD/USD appears oversold below 0.65 relative to where Asian currencies and commodity prices are, DBS' Senior FX Strategist Philip Wee notes.
BoE speakers to speak on November 19 on monetary policy - DBS
GBP/USD has a trendline support level of around 1.2570, DBS' Senior FX Strategist Philip Wee notes.
USD: Trump Trade may lose momentum - DBS
The Dollar Index (DXY) rebounded by 5.9% to 106.7 in the past 1.5 months, following its 4.8% decline to 100.8 in 3Q24, DBS' Senior FX Strategist Philip Wee notes.
Mexican Peso retreats again after three-day recovery
The Mexican Peso (MXN) edges lower in its key pairs on Monday after three consecutive days of mild gains.
USD/CAD clings to gains near 1.4100 as Canadian inflation data takes center stage
USD/CAD stays firm near 1.4100 as the US Dollar performs strongly across the board.
Crude Oil ticks up as Russia-Ukraine tensions intensify, yet bearish undertone persists
Crude Oil price is trading below $68.00 on Monday, ticking up slightly following the escalation in the war between Russia and Ukraine over the weekend. Russia launched a large air strike to hit Ukraine's power grid, while US President Joe Biden's
ECB's Makhlouf: Overwhelming evidence needed to consider a 50 bps cut in December
European Central Bank (ECB) Governing Council member and Central Bank of Ireland Governor Gabriel Makhlouf said on Monday that overwhelming evidence would be needed to consider a 50 basis points rate cut in December, pre Reuters.
USD/SGD: Rising wedge - OCBC
USD/SGD eased into Fri NY close and continued to trade on the back foot this morning.
British growth slows again somewhat - Commerzbank
The UK economy grew at a slightly slower pace in the third quarter than economists polled by Bloomberg had expected.
USD/JPY: Set to drop below 153.85 - UOB Group
Chance for US Dollar (USD) to drop below 153.85; the major support at 153.20 is unlikely to come under threat.
How long will the USD remain strong this time? - Commerzbank
Towards the end of last week, the USD rally seemed to have run out of steam.
USD/CHF: Bullish but overbought - OCBC
The Swiss Franc (CHF) weakening this episode (QTD) comes alongside the decline also seen in other major FX, though the magnitude of CHF depreciation was slightly lesser (- 4.7% vs USD) compared to JPY, EUR, GBP, AUD (down over 5-8% vs USD).
AUD/USD trades cautiously around 0.6450 ahead of RBA minutes
The AUD/USD pair trades with caution near 0.6450 in Monday's European session.
CEE: Spotlight back on the forint - ING
This week, attention will again turn to the region's central banks.
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