USD/CAD holds firm above 1.4000 as US inflation data bolsters Fed easing bets
USD/CAD trades higher around 1.4020 on Friday at the time of writing, up 0.20% on the day, holding firm above the 1.4000 mark despite the pullback following the release of the US Consumer Price Index (CPI).
India and the US may reach an agreement on reducing Oil imports from Russia – Commerzbank
The US and India are reportedly close to reaching a trade agreement that would see a gradual reduction in Indian Oil imports from Russia, Commerzbank’s commodity analyst Carsten Fritsch notes.
XAU/USD: Has Gold gone too far? – ING
Gold drew attention during LME Week, with prices up by around 60% this year. The rally has been driven by uncertainties over global trade, heightened geopolitical tensions, US fiscal stability and the Fed’s independence.
United States Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in September
United States Consumer Price Index (MoM) registered at 0.3%, below expectations (0.4%) in September
United States Consumer Price Index ex Food & Energy (YoY) came in at 3%, below expectations (3.1%) in September
United States Consumer Price Index ex Food & Energy (YoY) came in at 3%, below expectations (3.1%) in September
United States Consumer Price Index (YoY) registered at 3%, below expectations (3.1%) in August
United States Consumer Price Index (YoY) registered at 3%, below expectations (3.1%) in August
EUR/USD firms as Eurozone PMI surprises higher – BBH
EUR/USD had a kneejerk upswing to near 1.1630 before stabilizing lower around 1.1610. Eurozone economic activity unexpectedly gains traction in October driven by the services sector and Germany, BBH FX analysts report.
USD/CNH: Likely to trade between 7.1220 and 7.1320 – UOB Group
US Dollar (USD) is likely to trade between 7.1220 and 7.1320. In the longer run, USD could drop to 7.1130; a clear break below this level will shift the focus to 7.1000, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY: Japan mulls more bond issuance to fund extra budget – BBH
Long-term JGB yields remain steady near recent lows.
Brazil Mid-month Inflation came in at 0.18% below forecasts (0.25%) in October
Brazil Mid-month Inflation came in at 0.18% below forecasts (0.25%) in October
USD/JPY must close above 153.00 to continue rising – UOB Group
Upward momentum is starting to build, but for a continued advance, US Dollar (USD) must first close above 153.00, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
When is the US flash S&P Global PMI and how could it affect EUR/USD?
The preliminary United States (US) S&P Global Purchasing Managers’ Index (PMI) data for October is due for release today at 13:45 GMT. The report is expected to show that the overall business activity in the private sector grew at a moderate pace.
USD/JPY consolidates near 153.00 with US Inflation, PMIs on focus
The US Dollar holds previous gains, with price action steady, a few pips below the 153.00 line. Investors are biding their time ahead of the releases of September’s US Consumer Prices Index (CPI) data and October’s preliminary S&P Global Purchasing Managers Indexes (PMIs), due later on Friday.
AUD/USD declines amid US-China trade optimism, US CPI eyed
AUD/USD retreats on Friday, trading around 0.6500 at the time of writing, down 0.25% for the day, despite a generally more constructive tone on the trade front between China and the United States (US).
EUR/JPY consolidates above 177.50 amid strong EMU data, Yen weakness
The Euro rallied for the fourth consecutive day against a weaker Japanese Yen on Friday.
UK Preliminary Services PMI improves to 51.1 in October vs. 51 expected
The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) rose to 49.6 in October from 46.2 in September. The data beat the expected 46.6 figure in the reported period.
United Kingdom S&P Global Services PMI came in at 51.1, above forecasts (51) in October
United Kingdom S&P Global Services PMI came in at 51.1, above forecasts (51) in October
United Kingdom S&P Global Manufacturing PMI came in at 49.6, above forecasts (46.6) in October
United Kingdom S&P Global Manufacturing PMI came in at 49.6, above forecasts (46.6) in October
United Kingdom S&P Global Composite PMI above forecasts (50.6) in October: Actual (51.1)
United Kingdom S&P Global Composite PMI above forecasts (50.6) in October: Actual (51.1)
Eurozone HCOB Services PMI above expectations (51.1) in October: Actual (52.6)
Eurozone HCOB Services PMI above expectations (51.1) in October: Actual (52.6)