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EUR/CAD declines as Canadian Dollar rallies on robust inflation, Oil rebound
EUR/CAD drops by 0.40% on Tuesday at the time of writing, trading around 1.6270, as the Canadian Dollar (CAD) appreciates following stronger-than-expected inflation data.
Tue, Oct 21
USD/JPY rises near 152.00 as Yen struggles to recover under new cabinet
USD/JPY trades around 151.90 on Tuesday, up 0.80% for the day at the time of writing, as investors react to the confirmation of Japan’s new government and the unveiling of its cabinet.
Tue, Oct 21
Pound Sterling extends downside against US Dollar as Sino-US trade tensions recede
The Pound Sterling (GBP) extends its losing streak against the US Dollar (USD) for the third trading day on Tuesday. The GBP/USD pair slides further to near 1.3370 as the US Dollar extends its recovery move amid growing expectations that the United States (US) and China will reach a trade deal soon.
Tue, Oct 21
EU members states agree to ban imports of Russian gas by the end of 2027 - Bloomberg
Energy ministers from the European Union (EU), in a meeting at Luxemburg on Monday, agree on a joint position to ban imports of gas supplies from Russia by the end of 2027, Bloomberg reported.
Mon, Oct 20
Silver Price Forecast: XAG/USD stabilizes above $52 after healthy correction
Silver price (XAG/USD) trades 0.7% higher to near $52.30 during the late Asian trading session on Monday. The white metal rebounds after a steep corrective move seen on Friday from the all-time high of $54.50.
Mon, Oct 20
US President Donald Trump says he believes China will make a deal on soybeans
US President Donald Trump said over the weekend that he wants China to buy soybeans at least in the amount they were buying before. Trump added that he believes China will make a deal on soybeans.
Mon, Oct 20
PBOC leaves Loan Prime Rates unchanged in October
The People’s Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
Mon, Oct 20
Gold reverses intraday corrective slide below $4,300; back near all-time high
Gold (XAU/USD) reverses an Asian session dip to the $4,280-4,279 region and climbs back closer to the all-time peak, touched earlier this Friday.
Fri, Oct 17
USD/INR declines at open amid US-China trade frictions
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Friday. The USD/INR pair slides to near 87.80 as the US Dollar faces a sharp selling pressure due to ongoing United States (US)-China trade frictions and firm expectations that the Federal Reserve (Fed) will cut interest rates two mo
Fri, Oct 17
Silver retreats after hitting record high amid trade war fears, Fed rate cut bets
Silver (XAG/USD) edges lower on Thursday, trading around $53.00 per ounce, down 0.25% for the day at the time of writing, after reaching a new all-time high of $54.86 earlier in the day. The grey metal remains one of the year’s top-performing assets, up more than 80% year-to-date, supported by persi
Thu, Oct 16
BoJ’s Tamura: Central bank should push rates closer toward levels deemed neutral
The Bank of Japan (BoJ) board member Naoki Tamura said on Thursday that the central bank should push the interest rates closer toward levels deemed neutral.
Thu, Oct 16
USD/JPY slumps below 151.00 amid ongoing US-China trade tensions
The USD/JPY pair tumbles to around 150.85 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) due to the continuing trade tensions between the US and China.
Wed, Oct 15
Gold surges past $4,200 as trade tensions, Fed easing bets fuel demand
Gold (XAU/USD) continues its record-breaking run on Wednesday, scaling fresh all-time highs above $4,200 as robust safe-haven flows keep demand elevated.
Wed, Oct 15
Dow Jones Futures advance as Fed easing hopes boost risk appetite
Dow Jones Index futures are showing mild gains during Wednesday’s European morning session, extending Tuesday’s rebound as Fed Chair Jerome Powell cemented hopes of further monetary easing and sent trade jitters to the back seat.
Wed, Oct 15
GBP/USD rises to near 1.3350 due to rising Fed rate cut bets
GBP/USD recovers its losses registered in the previous two successive sessions, trading around 1.3350 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on the increased likelihood of further rate cuts by the Federal Reserve (Fed) in 2025.
Wed, Oct 15
Pound Sterling declines as UK Unemployment Rate unexpectedly rises to 4.8%
The Pound Sterling (GBP) faces selling pressure against its peers on Tuesday after the release of the United Kingdom (UK) labor market data for the three months ending in August.
Tue, Oct 14
US, China to roll out collecting port fees on each other's vessels — Reuters
The United States (US) and China on Tuesday will begin charging additional port fees on ocean shipping companies that transport everything from holiday toys to crude oil, Reuters reported on Tuesday. The US is scheduled to start collecting fees on October 14.
Tue, Oct 14
Gold relentless buying remains unabated; fresh all-time peak and counting
Gold (XAU/USD) builds on the overnight breakout momentum beyond the $4,100 mark and prolongs its recent record-setting run through the Asian session on Tuesday.
Tue, Oct 14
EUR/USD treads water above 1.1550 ahead of ZEW Survey data from Germany
EUR/USD inches higher after registering nearly 0.5% losses in the previous session, trading around 1.1570 during the Asian hours on Tuesday. The pair holds ground ahead of the final September Harmonized Index of Consumer Prices (HICP) and ZEW Survey data from Germany.
Tue, Oct 14
Japanese Yen remains depressed amid political chaos, BoJ uncertainty and positive risk tone
The Japanese Yen (JPY) drifts lower for the second consecutive day on Tuesday amid expectations that domestic political chaos could further delay the Bank of Japan's (BoJ) rate hike plans. Apart from this, the upbeat market mood is seen undermining the JPY's safe-haven status.
Tue, Oct 14
