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USD/CNH holds above 7.12 as China tade data disappoints - BBH
USD/CNH is holding above key support at 7.1200, BBH FX analysts report.
USD: Overseas politics provides some dollar support - ING
Friday's August jobs data was again on the soft side. It was soft enough to have the market starting to speculate whether the Federal Reserve would restart its easing cycle with a 50bp rate cut - as it did last September.
USD/JPY retreats to 147.50 as markets digest PM Ishiba's resignation
US Dollar's upside attempts against the Japanese Yen have been capped right below 148.60, and the pair retreated to session lows at 147.50 as the Yen regained lost ground following Japanese Prime Minister Ishiba's resignation.Ishiba announced earlier on the day of his decision to step down, followin
CAD: Weak labour market delivers arguments for further interest rate cuts - Commerzbank
Almost every currency strengthened against the US dollar on Friday in response to the weak US labour market report, Commerzbank's FX analyst Michael Pfister notes.
China's August Copper imports edge higher - ING
China released its preliminary trade data for metals this morning, showing strong domestic demand for industrial metals. Imports of unwrought Copper rose 1.2% YoY to 425.1kt in August. However, cumulative Copper imports are still down 2.2% YoY to 3.5mt in the first eight months of the year.
GBP/USD: Expected to trade in a range between 1.3460 and 1.3530 - UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.3460 and 1.3530. In the longer run, the current price movements are likely part of a broad range between 1.3430 and 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD: Chance for AUD to rise toward the resistance at 0.6595 - UOB Group
There is room for Australian Dollar (AUD) to pull back further, but any decline is likely part of a range between 0.6530 and 0.6575.
JPY, JGBs slip as PM Ishiba resigns - BBH
The yen and Japanese government bonds briefly weakened after Prime Minister Ishiba's resignation fueled speculation of a policy shift under potential successor Sanae Takaichi.
GBP: Political reshuffle won't distract attention from Gilts - ING
Pound Sterling (GBP) is holding steady, ING's FX analyst Chris Turner notes.
EUR/USD: Likely to consolidate between 1.1680 and 1.1740 - UOB Group
Euro (EUR) is likely to consolidate between 1.1680 and 1.1740. In the longer run, EUR could rise but any advance is likely part of a higher range of 1.1650/1.1790, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
China's central bank adds more Gold in August - ING
China's central bank continued to add Gold to its reserves for a tenth straight month in August, ING's commodity experts Ewa Manthey and Warren Patterson note.
US inflation figures coming next - Commerzbank
Friday's US labor market report finally dispelled any remaining doubts about whether the Fed would cut interest rates soon, briefly pushing EUR/USD above the 1.1750 mark. Only one of the 80 analysts surveyed by Bloomberg had expected an even worse figure.
USD/CHF hits multi-week lows at 0.7950 amid higher hopes of Fed easing
The US Dollar trades lower for the second consecutive day against the Swiss Franc on Monday.
USD remains under downside pressure - BBH
US Dollar (USD) pared back some of Friday's loss due to Japanese Yen (JPY) weakness. Versus other major currencies, USD remains under downside pressure, BBH FX analysts report.
EUR: French vote of confidence may weigh - ING
EUR/USD has been unable to hold on to Friday's NFP-inspired gains, ING's FX analyst Chris Turner notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
AUD/USD jumps to near 0.6590 as US Dollar underperforms its peers
The AUD/USD pair climbs to near 0.6590 during the European trading session on Monday.
Dow Jones futures tick higher as prospects for Fed rate cut strengthen
Dow Jones futures rise 0.15% to trade above 45,500 during European hours on Monday, ahead of the United States (US) market open. Meanwhile, the S&P 500 futures gain 0.18% near 6,500, while Nasdaq 100 futures climb 0.31% to around 23,750.
GBP/JPY Price Forecast: Bulls face strong resistance at 200.30
The British Pound attempted to appreciate against a weaker Yen in the early morning trade, but sellers appeared at the 200.30 area, sending the pair 0.15% lower to the mid-range of the 199.00s.The Japanese Yen depreciated across the board in early trading as investors reacted to the announcement of
Eurozone Sentix Investor Confidence Index drops to -9.2 in September from -3.7
Investors sentiment in the Eurozone deteriorated in September, with the Eurozone Sentix Investor Confidence Index dropping to -9.2 from -3.7 in August.
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