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China: CPI rebounds in October - UOB Group
China's headline Consumer Price Index (CPI) rebounded to 0.2% y/y in October (Bloomberg est: -0.1%, September: -0.3%) after two consecutive months of negative prints. Core CPI (excluding food & energy) continued to rise to a 20-month high of 1.2% y/y from 1.0% y/y in September.

EUR: Rally needs a helping hand - ING
EUR/USD is becalmed after finding support below 1.15 last week, ING's FX analyst Chris Turner notes.

Eurozone Sentix Investor Confidence Index drops to -7.4 in November vs. -5.4 previous
The Eurozone Sentix Investor Confidence Index deteriorated to -7.4 in November from -9.2 in October.

EUR/GBP remains below 0.8800, downside seems limited due to ECB-BoE policy divergence
EUR/GBP remains subdued for the fourth consecutive session, trading around 0.8790 during the European hours on Monday.

Dow Jones futures rise as US Senate advances to end shutdown
Dow Jones futures gain 0.18% to trade above 47,150 during European hours ahead of the opening of the United States (US) regular session on Monday. Moreover, the S&P 500 futures and Nasdaq 100 gained by 0.70% and 1.24%, with trading around 6,800 and 25,450, respectively.

Pound Sterling consolidates against US Dollar as Senate advances stopgap bill
The Pound Sterling (GBP) consolidates near 1.3150 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair wobbles as the US Dollar (USD) steadies despite the vote favoring the United States (US) government reopening has been approved in the Senate.

USD/CHF wobbles around 0.8060 while US federal reopening measure advances
The USD/CHF pair trades in a tight range around 0.8060 during the European trading session on Monday. The Swiss Franc pair ranges as the US Dollar (USD) steadies after the United States (US) Senate advanced the federal funding bill until January.

USD/CAD falls toward 1.4000 due to increasing BoC caution, higher Oil prices
USD/CAD continues to lose ground for the consecutive session, trading around 1.4010 during the European hours on Monday.

EUR/JPY Price Forecast: Eyes record highs after moving above 178.00
EUR/JPY gains ground for the second successive session, trading around 178.10, higher by more than 0.25%, during the early European hours on Monday. The short-term price momentum is stronger as the currency cross is positioned above the nine-day Exponential Moving Average (EMA).

ECB de Guindos: Current level of interest rates is appropriate
European Central Bank Vice President Luis de Guindos said during the European trading session on Monday that there is no need for an adjustment in the current level of interest rates, unless inflation developments change or projections are modified.

EUR/USD Price Forecast: Bearish bias intact below 100-day EMA near 1.1550
The EUR/USD pair trades with mild losses near 1.1565 during the early European session on Wednesday. The US Dollar (USD) edges higher against the Euro (EUR) amid hopes that the US government shutdown may end soon.

Forex Today: Mood improves to start week as US government shutdown nears end
Here is what you need to know on Monday, November 10:

Economic Adviser to Japan's Takaichi: It would be quite risky for BoJ to raise rates in December
Takuji Aida, an economic adviser to Japan's Prime Minister (PM) Sanae Takaichi, warned on Monday, "it would be quite risky for the Bank of Japan (BoJ) to raise interest rates in December."

USD/INR flattens ahead of US Senate vote on federal reopening
The Indian Rupee (INR) trades flat against the US Dollar (USD) at open on Monday. The USD/INR pair consolidates around 88.80 as the US Dollar (USD) trades calmly on hopes that the United States (US) government shutdown will end soon.

US Dollar Index drifts higher above 99.50 amid hopes US shutdown may end soon
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 positive note around 99.65 during the Asian trading hours on Monday. The DXY edges higher amid hopes that the US government shutdown may end soon.

USD/JPY steadies around 154.00 due to uncertainty over BoJ rate hike path
USD/JPY holds gains near an eight-month high of 154.49, which was recorded on November 4, trading around 153.90 during the Asian hours on Monday. The pair appreciates as the Japanese Yen (JPY) struggles amid the uncertain Bank of Japan (BoJ) policy outlook.

Silver Price Forecast: XAG/USD holds above $49.00 despite improving market sentiment
Silver price (XAG/USD) extends gains for the second successive session, trading around $49.20 per troy ounce during the Asian hours on Monday. The upside of the Silver price could be restrained amid improving market sentiment as US Senate appeared on track to pass a deal to reopen the government.

BoJ's Nagakawa: Will make appropriate policy decision
Bank of Japan (BoJ) board member Junko Nagakawa said in his scheduled speech on Monday, "BoJ will make appropriate policy decision taking into account uncertainty surrounding trade policies remains high."

US Senate advances government funding bill to end shutdown
US Senate advances government funding bill to end shutdown, moving it closer toward passage by voting 60-40 in first approval.

NZD/USD trades above 0.5600 after rebounding from seven-month lows
NZD/USD rebounds after reaching a seven-month low of 0.5605 in the previous session, trading around 0.5630 during the Asian hours on Monday. The pair receives support after the release of positive data from China, New Zealand's top trading partner.
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