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Forex
Dow Jones rebounds as investors hope for government shutdown solution
The Dow Jones Industrial Average (DJIA) steadied its grip on Monday, starting the new trading week holding near the 47,000 major handle and lifting around 370 points. Equity…
UK jobs report and the weekly ADP figures take centre stage
The US Dollar (USD) traded without clear direction on Monday, as hopes grew for a potential deal to end the 40-day federal government shutdown in the coming days. With that in…
Canadian Dollar looks higher as bullish recovery continues
The Canadian Dollar (CAD) hit a bit of a bump and run against the US Dollar (USD) on Monday, clawing back further ground in a much-needed technical bounce-back from 30-week lows.…
USD/JPY climbs as Yen weakens on BoJ caution, US funding progress
USD/JPY holds around 154.00 on Monday at the time of writing, up 0.40% on the day, close to its eight-month high of 154.49. The pair remains supported by the persistent weakness of…
USD/CHF steady as US Dollar stabilizes on Senate funding bill progress
USD/CHF holds near 0.8060 on Monday at the time of writing, up 0.10% on the day, as the US Dollar (USD) stabilizes after the United States (US) Senate approved a measure to extend…
Fed’s Musalem: US economy pretty resilient
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem spoke in an interview with Bloomberg TV on Monday about the United States (US) economy. He stated that inflation…
Looking to see if productivity gains continue
President of the Federal Reserve (Fed) Bank of San Francisco Mary Daly spoke in an interview with Bloomberg Television on Monday regarding inflation and monetary policy. She…
Likely to trade in a range between 7.1200 and 7.1300 – UOB Group
Momentum indicators are mostly flat; US Dollar (USD) is likely to trade in a range between 7.1200 and 7.1300. In the longer run, USD has likely entered a range-trading phase…
Pound Sterling trades cautiously on intensifying BoE dovish speculation
The Pound Sterling (GBP) trades with caution against its major currency peers at the start of the week. The British currency faces slight selling pressure amid growing expectations…
EUR/HUF slides toward key 383 support – Société Générale
EUR/HUF continues its steady decline, with the pair drifting toward the crucial 383/382 support zone at the base of its descending channel, Société Générale's FX analysts note.…