Editors' Picks

The US Dollar Index resides near the 2024 low in search of substantial support. 

USD/CHF might be starting a new up leg within its sideways market range. 

The Japanese Yen weakened as upcoming PM Shigeru Ishiba said that the monetary policy should continue to be accommodative.

Citi analysts on Friday downgraded Dollar General (NYSE:DG) stock to Sell from Neutral and trimmed their price target on the stock to $73 from $91.

SINGAPORE (Reuters) -The yen slid on Friday as investors awaited results from a run-off in Japan's contest to replace its prime minister, while China's spree of stimulus measures kept risk-sensitive currencies aloft.

ORLANDO, Florida (Reuters) - It's safe to say that the timing and scale of the stimulus measures unleashed by China this week were, in large part, prompted by the U.S. Federal Reserve's jumbo-sized interest rate cut only a few days before.

The USD/CAD pair regains positive traction during the Asian session on Friday and looks to build on this week's recovery move from the 1.3420 area, or its lowest level since March 8.

EUR/JPY extends its upside for the fourth consecutive day, trading around 162.50 during the Asian session on Friday.

NEW YORK (Reuters) -The dollar bounced off a 14-month low against the euro on Wednesday in choppy trading, but investors held onto bets that the Federal Reserve will make another large interest rate cut at its November meeting on weakening labor optimism.

USD/CHF hovers around 0.8500 during the Asian session on Thursday, maintaining its position following recent gains from Wednesday.

USD/CAD attracts fresh sellers on Wednesday amid a modest USD downtick.

EUR/USD pulled back on Wednesday, tumbling back through the 1.1200 handle and falling into familiar near-term congestion just north of 1.1100. Fiber shed nearly half of a percent after briefly setting a new 14-month high this week.

The USD/JPY pair edges lower to near 144.60 during the early Asian session on Thursday. The weakening of the US Dollar (USD) amid rising bets on a jumbo interest rate reduction from the US Federal Reserve (Fed) in November continues to weigh on the pair.

Japan equities were lower at the close on Wednesday, as losses in the Gas&Water, Fishery and Retail sectors propelled shares lower.

EUR/GBP continues its recovery, trading up 0.40% in the 0.8360s on Wednesday.

EUR/JPY attracts buyers for the second straight day, albeit remains below the weekly top.

GBP/USD extended the ongoing Pound Sterling rally for another consecutive day, crossing the 1.3400 handle and chalking in fresh 30-month highs after the US Dollar broadly weakened on Tuesday.

Investing.com-- The Federal Reserve’s first interest rate cut in over four years quelled market fears of a recession, Goldman Sachs (NYSE:GS) said, with improved risk appetite likely to boost rate-sensitive Asian currencies. 

EUR/USD cut away bearish sentiment and rallied back into recent highs on Tuesday, taking another unsuccessful run at 1.1200. The Euro itself has little reason to be bid up by traders, but a broad-market weakening in the Greenback is helping to keep Fiber bidding action on the high side.

China’s bumper stimulus package has supported emerging market FX, reviving the carry trade.