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AUD/JPY Price Forecast: Tests 100.50, nine-day EMA amid potential momentum shift
The AUD/JPY cross remains relatively flat around 100.50 during the Asian trading session on Tuesday, following a nearly 1% gain in the previous session.
USD/CHF remains firm above 0.8800, eyes on Russia-Ukraine tensions
The USD/CHF pair edges higher to around 0.8835 during the early European session on Tuesday, bolstered by the firmer Greenback.
EUR/USD hovers around 1.0600 with a positive bias as US Dollar faces profit-taking selling
EUR/USD remains steady with a positive bias, hovering around 1.0600 during Tuesday's Asian trading hours.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
EUR/JPY recovers few pips from daily low, keeps the red around mid-163.00s
The EUR/JPY cross meets with a fresh supply during the Asian session on Tuesday and reverses a part of the previous day's recovery move from the 50-day Simple Moving Average (SMA), around the 162.25 region, or a nearly one-month low.
FX option expiries for Nov 19 NY cut
FX option expiries for Nov 19 NY cut at 10:00 Eastern Time via DTCC can be found below.
GBP/USD trades with mild positive bias on softer USD, remains below 1.2700 mark
The GBP/USD pair attracts buyers for the second straight day on Tuesday amid a modest US Dollar (USD) downtick and climbs back closer to the 1.2700 mark during the Asian session.
Silver Price Forecast: XAG/USD rises to near $31.50 amid softer US Dollar
Silver price (XAG/USD) continues to gain ground for the second consecutive day, trading around $31.40 per troy ounce during the Asian session on Tuesday.
Gold price climbs to one-week top on softer US bond yields, geopolitical tensions
Gold price (XAU/USD) attracted some haven flows after posting its steepest weekly drop in more than three years last week and snapped a six-day losing streak on Monday amid heightened geopolitical tensions.
USD/INR weakens on RBI's likely intervention
The Indian Rupee (INR) extends the rally on Tuesday, bolstered by the intervention by the Reserve Bank of India (RBI) to prevent the local currency from significant depreciation.
WTI remains above $69.00 due to growing supply concerns over the Russia-Ukraine conflict
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $69.20 per barrel during Asian hours on Tuesday.
NDRC: China has ample policy room, tools to support economic recovery
An official at the National Development and Reform Commission (NDRC), China's state planner, said on Tuesday that "China has ample policy room and tools to support economic recovery." The NDRC official said he "expects China's economy to sustain recovery momentum in November and December." Market reaction At the time of writing, AUD/USD is trading modestly flat on the day near 0.6505.
Japan's Kato: Closely watching FX moves with the utmost sense of urgency
Japan's Finance Minister Katsunobu Kato on Tuesday that he is "closely watching FX moves with the utmost sense of urgency." Additional quotes Important for currencies to move in a stable manner reflecting fundamentals.
USD/CAD posts modest gains above 1.4000, Canadian CPI data in focus
The USD/CAD pair trades in positive territory near 1.4020 on Tuesday during the Asian trading hours.
Japan's Akazawa: Crucial to boost pay for all generations with the economic package
Japan's Economy Minister Ryosei Akazawa noted on Tuesday that it is "crucial to boost pay for all generations with the economic package." He further noted that he is "aiming for cabinet approval of the economic package soon." Market reaction At the time of writing, USD/JPY is consolidating the latest leg down just above the 154.00 level, shedding 0.36% on the day.
Australian Dollar remains subdued following RBA meeting minutes
The Australian Dollar (AUD) remains under pressure following Tuesday's release of the Reserve Bank of Australia's (RBA) November meeting minutes.
Japanese Yen edges higher against USD; bulls seem non-committed
The Japanese Yen (JPY) ticks higher against its American counterpart during the Asian session on Tuesday, albeit it lacked bullish conviction in the wake of the uncertainty over the timing of another interest rate hike by the Bank of Japan (BoJ).
PBOC sets USD/CNY reference rate at 7.1911 vs. 7.1907 previous
The People's Bank of China set the onshore Yuan (CNY) reference rate for the trading session ahead on Tuesday at 7.1911 as compared to the previous day's fix of 7.1907 and 7.2305 Reuters estimate.
RBA minutes: Vigilant to upside inflation risks, policy must remain restrictive
The Reserve Bank of Australia (RBA) published the Minutes of its November monetary policy meeting on Tuesday, highlighting that the board remains vigilant to upside inflation risks and believes policy needs to remain restrictive.
ECB's Lagarde: Europe is falling behind in innovation and productivity compared to the US
European Central Bank (ECB) President Christine Lagarde said on Monday that Europe should pool its resources in areas like defense and climate as its productivity growth falters and the world fragments into rival blocs, per Bloomberg.
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