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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.
ECB's de Guindos: Balance of risks has shifted from concerns about high inflation to fears over growth
European Central Bank (ECB) Vice President Luis de Guindos said on Monday that "the balance of risks has shifted from concerns about high inflation to fears over economic growth." Additional takeaways The growth outlook is clouded by uncertainty about economic policies and the geopolitical landscape.
NZD/USD Price Forecast: Tests 0.5850 to break below the descending channel
The NZD/USD pair retraces its recent gains, trading around 0.5850 during the European hours on Monday.
EUR/CAD Price Forecast: Hits one-week top, bulls flirt with 200-EMA near 1.4870 area
The EUR/CAD cross attracts some follow-through buying at the start of a new week and looks to build on its recovery from the vicinity of the 1.4700 mark, or the lowest level since July 10 touched last week.
AUD/JPY remains below 100.00, upside potential seems possible due to hawkish RBA
The AUD/JPY cross has trimmed its daily gains and trades near 99.90 during European trading hours on Monday.
ECB's Nagel: Trump's tariffs may have a minor impact on inflation
European Central Bank (ECB) policymaker and Bundesbank President Joachim Nagel said on Monday, "Trump's tariffs may have a minor impact on inflation." He added, "global integration would have to decrease substantially to cause a noticeable rise in inflationary pressures." .
EUR/USD strives to gain ground ahead of ECB Lagarde's speech
EUR/USD trades sideways slightly above the psychological support of 1.0500 at the start of the week.
EUR/GBP remains subdued near 0.8350 due to dovish sentiment surrounding ECB policy stance
EUR/GBP remains stable near 0.8350 during early European trading hours on Monday.
EUR/JPY attracts some buyers to near 163.00 amid BoJ rate hike uncertainty
The EUR/JPY cross attracts some buyers to around 163.00 during the early European session on Monday.
Forex Today: Quiet start to week as focus remains on geopolitics, central bank speak
Here is what you need to know on Monday, November 18: Financial markets remain relatively quiet at the beginning of the new week.
RBA's Kent: Forward guidance in Australia might be less useful than in the United States
In a speech in Canberra on Monday, Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said that the "forward guidance in Australia might be less useful than in the United States." Further comments Variable rate mortgages are a key difference of the Australian system.
USD/CHF holds below 0.8900 as Russia-Ukraine tensions escalate
The USD/CHF pair softens to around 0.8875 on Monday during the early European session, pressured by the weakening of the US Dollar (USD).
FX option expiries for Nov 18 NY cut
FX option expiries for Nov 18 NY cut at 10:00 Eastern Time via DTCC can be found below.
GBP/USD Price Forecast: Pair attempts to recover from 1.2600 as it enters oversold zone
GBP/USD breaks its six-day losing streak, trading around 1.2630 during the Asian hours on Monday.
BoJ's Ueda: Will check, at each policy meeting, data and factors available in deciding policy
Bank of Japan (BoJ) Governor Kazuo Ueda is back on the wires on Monday, noting that "we will check, at each policy meeting, data and factors available at the time in deciding policy." Additional comments There are numerous factors we want to check, including on the US economiy but we won't necessarily wait until there is clarity for all of them.
EUR/AUD Price Forecast: Outlook remains negative below 1.6300
The EUR/AUD cross weakens to near 1.6285 during the early European session on Monday.
Silver Price Forecast: XAG/USD climbs to $30.70 area; not out of the woods yet
Silver (XAG/USD) regains positive traction at the start of a new week and climbs to the $30.70-$30.75 area during the Asian session, albeit it remains confined in a multi-day-old range around the 100-day Simple Moving Average (SMA).
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Monday, according to data compiled by FXStreet.
Gold price advances closer to $2,600 on geopolitical risks, subdued USD price action
Gold price (XAU/USD) gains strong positive traction on Monday and reverses a part of last week's sharp decline to the lowest level since September 12.
USD/CAD holds position near 1.4100, four-year highs, Oil prices eyed
USD/CAD trades around 1.4090 during the Asian hours on Monday, holding its ground near the four-year high of 1.4105, which was reached on Friday.
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