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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/CNH: Likely to trade in a range of 7.2250/7.2500 - UOB Group
The US Dollar (USD) is likely to trade in a range of 7.2250/7.2500.
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.
NZD/USD: To trade in a range between 0.5845 and 0.5885 - UOB Group
The New Zealand Dollar (NZD) is expected to trade in a range between 0.5845 and 0.5885.
GBP: Still unexcited on a EUR/GBP rebound - ING
The big event in the GBP market this week is the release of the October CPI report on Wednesday, ING's FX analysts Francesco Pesole notes.
AUD/USD: Likely to trade in a sideways range of 0.6445/0.6485 - UOB Group
Momentum indicators are turning flat; Australian Dollar (AUD) is likely to trade in a sideways range of 0.6445/0.6485.
USD/JPY: Consolidation on daily chart- OCBC
USD/JPY rose sharply this morning, and was last seen at 154.84, OCBC FX analysts Frances Cheung and Christopher Wong notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
EUR: Delaying the 1.05 break - ING
PMIs have become an increasingly important release for the eurozone after the European Central Bank shifted the focus from inflation to growth and is now taking a broader range of soft activity data into account.
USD: Some positioning concerns remain - ING
Data from CFTC on speculative positioning show net US Dollar (USD) longs versus the rest of G10 rising to the highest since July until last Tuesday.
Pound Sterling stays under pressure against US Dollar as traders pare back Fed dovish bets
The Pound Sterling (GBP) remains under pressure near 1.2600 against the US Dollar (USD) in Monday's London session.
GBP/USD: GBP to edge lower to 1.2590 - UOB Group
Scope for the Pound Sterling (GBP) to edge lower to 1.2590; the major support at 1.2565 is likely out of reach.
DXY: Consolidation on the day - OCBC
The US Dollar (USD) bulls show signs of fatigue even as better US data last Fri did not fuel further USD upticks.
EUR/USD: To trade in a range between 1.0505 and 1.0585 - UOB Group
The Euro (EUR) is likely to trade in a range between 1.0505 and 1.0585.
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