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Forex
Japanese Yen remains weak; USD/JPY nears nine-month top on firmer USD
The Japanese Yen (JPY) sticks to its offered tone against a broadly firmer US Dollar (USD) through the early European session on Monday and remains close to a nine-month low…
EUR/CAD softens below 1.6300 ahead of Canadian CPI inflation release
The EUR/CAD cross loses traction to around 1.6275 during the early European session on Monday. Nonetheless, the potential downside for the cross might be limited amid the cautious…
USD/INR consolidates below 89.00 amid mixed economic drivers
The USD/INR pair extends its sideways consolidative price move through the Asian session on Monday and remains confined in a familiar range held over the past two weeks or so. Spot…
XAG/USD jumps to near $51.00 amid uncertainty after the shutdown ends
Silver price (XAG/USD) trades in positive territory near $51.00 during the Asian trading hours on Monday. The white metal edges higher amid uncertainty following the end of the US…
USD/CAD holds gains near 1.4050 due to declining Oil prices
USD/CAD edges higher after registering modest losses in the previous session, trading around 1.4030 during the Asian hours on Monday. The pair advances as the commodity-linked…
WTI slumps below $59.50 amid signs Novorossiysk port is reopening
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $59.35 during the Asian trading hours on Monday. The WTI attracts some sellers following signs that…
EUR/USD falls to near 1.1600 due to fading Fed rate cut bets
EUR/USD extends its losses for the second successive session, trading around 1.1610 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) receives support…
Risk of inflation slowing shouldn’t be overlooked
European Central Bank (ECB) Governing Council Member Olli Rehn said that the risk of inflation slowing shouldn’t be overlooked, Bloomberg reported on Saturday.Key quotesUpside…
When is the Japan quarterly prelim GDP and how could is affect USD/JPY?
Japan quarterly prelim GDP OverviewThe Japan’s Cabinet Office will publish its data for the third quarter (Q3) at 23.50 GMT. Gross Domestic Product is estimated to show a…
Doubts about US interest rate cuts weigh on Gold price – Commerzbank
The Gold price fell slightly again yesterday, as it remained unclear when the US data releases that were missed due to the US government shutdown would be made up for,…