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Silver prices (XAG/USD) rose on Monday, according to FXStreet data. Silver trades at $30.75 per troy ounce, up 1.64% from the $30.25 it cost on
USD/JPY rose sharply this morning, and was last seen at 154.84, OCBC FX analysts Frances Cheung and Christopher Wong note.
Momentum indicators are turning flat; Australian Dollar (AUD) is likely to trade in a sideways range of 0.6445/0.6485. In the longer run, further AUD weakness
The big event in the GBP market this week is the release of the October CPI report on Wednesday, ING’s FX analysts Francesco Pesole notes.
The New Zealand Dollar (NZD) is expected to trade in a range between 0.5845 and 0.5885. In the longer run, outlook for NZD remains negative;
The AUD/USD pair trades with caution near 0.6450 in Monday’s European session. The Aussie pair finds temporary support but struggles to gain ground as the US
The Swiss Franc (CHF) weakening this episode (QTD) comes alongside the decline also seen in other major FX, though the magnitude of CHF depreciation was
GBP/USD registered six consecutive daily losses and fell over 2% in the previous week. The pair holds steady above 1.2600 in the European morning on Monday
