News
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FOREX-Dollar extends gains on rate cut doubts and safety play; pound slips
Euro slips against dollar for fifth straight sessionPound weakens on rare pre-budget speech by UK finance ministerYen gains; investors wary of intervention risks Aussie wobbles after RBA stands pat, warns on inflationBitcoin slips to lowest in more than four monthsBy Saqib Iqbal Ahmed NEW YORK, N...Reuters
Tue, Nov 4
JPY is outperforming on broader market tone – Scotiabank
The Japanese Yen (JPY) is strong, up 0.5% against the US Dollar (USD) and outperforming all of the G10 currencies in an environment broad-based USD strength and risk aversion, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
GBP weak, underperforming with pro-risk currencies – Scotiabank
The Pound Sterling (GBP) is weak, down 0.6% against the US Dollar (USD) and underperforming most of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
CAD softer amid weak risk appetite – Scotiabank
Weak risk appetite is just another reason for markets to nudge the Canadian Dollar (CAD) lower this morning, although CAD losses are at least more moderate than other high beta/ commodity currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
USD/CHF hits two-month high amid resilient US Dollar and dovish SNB outlook
The Swiss Franc (CHF) declines further against the US Dollar (USD) on Tuesday, with USD/CHF extending gains for the fifth consecutive day amid broad-based Greenback strength. At the time of writing, the pair is trading around 0.8090, its highest level since August 22.
Fxstreet
Tue, Nov 4
Sterling hits April low as Reeves hints at tax rises in budget
By Amanda Cooper and Dhara Ranasinghe LONDON, Nov 4 (Reuters) - Britain's pound touched its lowest point since April on Tuesday after finance minister Rachel Reeves reiterated her commitment to upholding her fiscal rules in her November budget, ahead of a Bank of England interest rate decisio...Reuters
Tue, Nov 4
Telesat Q3 revenue falls 27% on lower renewal rates
OverviewTelesat Q3 revenue falls 27% yr/yr due to changes in customer agreementsAdjusted EBITDA for Q3 declines 51% yr/yr, margin drops to 46.3%Net loss for Q3 is C$121 mln, impacted by foreign exchange lossesOutlookTelesat expects 2025 revenue between C$405 mln and C$425 mlnCompany forecasts 2025 a...Reuters
Tue, Nov 4
FOREX-Dollar gains as chances of Fed cuts wane; pound tumbles
Aussie wobbles after RBA stands pat, warns on inflationTraders lower chances of rate cuts from divided Fed Yen gains; investors wary of intervention risks Pound weakens on rare pre-budget speech by UK finance ministerBy Amanda Cooper LONDON, Nov 4 (Reuters) - The dollar traded at three-month high...Reuters
Tue, Nov 4
USD/JPY Price Forecast: Testing support at at 153.25 previous resistance
The US Dollar bears gained the upper hand on Tuesday, after failing to break above the 154.45 resistance area, pulled the pair lower during the European trading session, to test support at the 153.25 area, where bulls were capped on October 9 and 27.Fxstreet
Tue, Nov 4
RPT-ROI-BoE rate cut dances around political optics: Mike Dolan
By Mike Dolan LONDON, Nov 4 (Reuters) - A distant prospect just a couple of weeks ago, a yearend cut in British interest rates is now more likely than not and only this month's critical government budget will stop a split Bank of England moving as soon as this week. But there may be market fi...Reuters
Tue, Nov 4
