Page 134 - Urrencies News Today

On Monday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.

A review of things you need to know before you sign off on Monday; more dwellings hit Auckland housing market, PSI not expanding, grocery price pressure eases, ANZ profits, swaps up, NZD stable, & more

The greenback, in terms of the USD Index (DXY), alternates gains with losses around 105.80 at the beginning of the week.

The Euro (EUR) looks to extend Friday’s optimism against the US Dollar (USD), encouraging EUR/USD to attempt another move to the 1.0700 zone at the beginning of the week.

This week, flash estimates of 3Q23 GDP growth will be the main event, as several countries will publish data on Tuesday.

Here is what you need to know on Monday, November 13: Financial markets started the new week in a calm manner, with investors refraining from taking large positions ahead of Tuesday's key macroeconomic data releases.

EUR/JPY manages to clear the 162.00 hurdle and print fresh 2023 tops at the beginning of the week.

- EUR/USD trades in an inconclusive fashion below 1.0700. - Bouts of selling pressure could revisit 1.0640.

The USD/JPY plummeted in Monday's intraday trading, skidding into 151.20 before recovering on the day.

The GBP/JPY is trading back into recent highs after a spike in Yen rates fueled by Yen-based options expiries failed to generate meaningful moves.