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USD/CAD slips below 1.4000 due to Fed rate cut bets
USD/CAD depreciates after two days of little gains, trading around 1.3980 during the Asian hours on Monday.

Japanese Yen remains depressed as fiscal worries overshadow BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from an over two-week low touched against its American counterpart during the Asian session on Monday following the release of stronger domestic data.

Japan's Kihara: Important for currencies to move in stable manner reflecting fundamentals
Japanese Chief Cabinet Secretary Minoru Kihara said on Monday, it is "Important for currencies to move in a stable manner reflecting fundamentals."

Australian Dollar maintains position due to US-China trade optimism
The Australian Dollar (AUD) edges lower against the US Dollar (USD) after opening from a gap up on Monday due to optimism over progress in the United States (US)-China trade negotiations.

US Dollar Index weakens below 99.00 as soft US CPI inflation data keeps Fed on track for rate cut
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.80 during the early Asian session on Monday. The DXY softens amid the prospect of a US rate cut after moderate inflation figures on Friday.

NZD/USD gathers strength above 0.5750 on easing US-China trade tensions
The NZD/USD pair attracts some buyers to around 0.5770 during the early Asian session on Monday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on renewed optimism around US-China trade talks.

EUR/USD gains ground toward 1.1650 ahead of German IFO Business Survey data
EUR/USD remains stronger for the fourth successive session, trading around 1.1640 during the Asian hours on Monday.

PBOC sets USD/CNY reference rate at 7.0881 vs. 7.0928 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0881 compared to Friday's fix of 7.0928 and 7.1146 Reuters estimate.

GBP/USD trades with positive bias above 1.3300 amid softer USD; upside seems limited
The GBP/USD pair kicks off the new week on a slightly positive note and holds steady above the 1.3300 round figure during the Asian session, though it lacks follow-through buying.

French government faces no-confidence threat over wealth tax
France's Socialist party leader has threatened to bring down Prime Minister Sébastien Lecornu's government by Monday if their budget conditions are not met, Reuters reported on Friday.

Gold Price Forecast: XAU/USD tumbles to near $4,050 on renewed optimism around US-China trade talks
Gold price (XAU/USD) falls to around $4,065 during the early Asian session on Monday. The precious metal extends the decline as traders book profits following a prolonged record-setting rally.

ECB's Escriva: Current level of rates is appropriate
European Central Bank (ECB) Governing Council member José Luis Escrivá said that he is satisfied with current settings for borrowing costs, Bloomberg reported on Sunday.

USD/JPY gathers strength above 153.00 on potential US-China trade deal
The USD/JPY pair extends the rally to around 153.15 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid improved risk sentiment as the US and China have agreed on the framework of a potential trade deal.

US and China tee up sweeping trade deal ahead of Trump-Xi meeting
Top Chinese and US economic officials on Sunday have agreed on the framework of a potential trade deal that will be discussed when US President Donald Trump and Chinese President Xi Jinping meet later this week, CNBC reported on Sunday.

EUR/USD hovers at 1.1600 as muted CPI data fails to alter Fed stance
EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates.

USD/CHF Price Forecast: Stays range-bound below 0.8000
The USD/CHF remains subdued on Friday, yet the pair trades below 0.8000 poised to finish the week with modest gains of over 0.25%. At the time of writing, the pair trades at 0.7956m, virtually unchanged.

Gold rebounds after softer US CPI data reinforces Fed cut bets
Gold price erases earlier losses, rises over 0.10% on Friday following the release of the September inflation report in the US, which showed that prices climbed but would not deter the Federal Reserve (Fed) from cutting rates next week.

AUD/USD holds steady as mixed US data keeps traders cautious
The Australian Dollar (AUD) is virtually unchanged against the US Dollar (USD) on Friday after volatile two-way price action driven by a mix of US macro data.

Dow Jones Industrial Average reaches new peak as US CPI inflation boosts rate cut bets
The Dow Jones Industrial Average (DJIA) lumbered into record highs on Friday, posting intraday bids north of 47,300 for the first time ever.

Silver price consolidates below $49 on Fed rate-cut outlook
Silver (XAG/USD) eases on Friday, trading around $48.85 per troy ounce at the time of writing, down 0.10% for the day, as the market consolidates below the psychological $49 level.
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