News
Important Only
GBP/USD sinks below 1.32 as Powell’s “hawkish cut” strengthens Dollar
GBP/USD extended its losses for the third straight day, dives over 0.25% as traders push the exchange rate below the 1.3200 handle, following the Fed “hawkish” rate cut as the Chairman Jerome Powell poured cold water of a reduction in the December’s meeting.
Fxstreet
Thu, Oct 30
FOREX-Yen weakens after BOJ holds rates steady, Fed boosts dollar
BOJ keeps rates steady, signals possible hike in DecemberFed's Powell says no guaranteed rate cut in DecemberECB maintains rates, no hints on future movesBy Karen Brettell NEW YORK, Oct 30 (Reuters) - The Japanese yen tumbled against the U.S. dollar on Thursday after the Bank of Japan ado...Reuters
Thu, Oct 30
Japan finance minister distances herself from past forex comments
TOKYO, Oct 30 (Reuters) - Japan's new Finance Minister Satsuki Katayama said on Thursday she would not stand by remarks she made in March suggesting the yen's real value is closer to 120-130 per dollar, citing her current position as minister overseeing currency policy."In my current pos...Reuters
Thu, Oct 30
Japan finance minister distances herself from past yen comments
TOKYO, Oct 30 (Reuters) - Japan's new Finance Minister Satsuki Katayama said she wouldn't endorse her past remarks that Japan's economic fundamentals suggested the yen's real value is closer to 120-130 per dollar.The yen was most recently trading at 154.20 per dollar."In my curre...Reuters
Thu, Oct 30
Euro zone bonds, stocks, currency steady after ECB keeps rates unchanged
LONDON, Oct 30 (Reuters) - European stocks, government bonds and the euro held steady on Thursday after the European Central Bank kept its key deposit rate unchanged at 2%, as expected.The euro EUR= was last down 0.4% against the dollar at $1.1554, broadly in line with where it was trading before th...Reuters
Thu, Oct 30
INSTANT VIEW-ECB leaves rates on hold, offers no clues on next move
LONDON, Oct 30 (Reuters) - The European Central Bank kept interest rates unchanged at 2% in a well-telegraphed decision on Thursday, offering no clues about its next move, even as investors keep betting that one final cut may be on the agenda in the months ahead.The euro held lower after the decisio...Reuters
Thu, Oct 30
EUR/JPY holds near record highs as Yen weakens after BoJ; ECB decision eyed
The Euro (EUR) is holding firm against the Japanese Yen (JPY) after surging to record highs earlier in the day, as the Yen remains broadly weaker across major peers following the Bank of Japan’s (BoJ) interest rate decision.
Fxstreet
Thu, Oct 30
FOREX-Yen weakens as BOJ offers few rate clues; investors indecisive after Trump-Xi deal
BOJ keeps rates steady; Ueda offers little hint on next rate hikeMarkets choppy after Trump-Xi meeting; currencies mutedTrump says agreed to reduce tariffs on China to 47%Traders reduce expectations for Fed rate cut in DecemberBy Rae Wee and Alun John SINGAPORE/LONDON, Oct 30 (Reuters) - The yen ...Reuters
Thu, Oct 30
Sterling steadies at multi-month lows after two days of falls
LONDON, Oct 30 (Reuters) - Sterling steadied on Thursday against both the dollar and euro after two days of sharp depreciation, but looks set for further choppiness ahead of next week's Bank of England meeting. The pound was last at $1.3182, a touch above Wednesday's intraday over-five-month...Reuters
Thu, Oct 30
Bessent defends US aid to Argentina, says Milei needed bridge going into election
WASHINGTON, Oct 30 (Reuters) - Treasury Secretary Scott Bessent defended U.S. aid to Argentina on Thursday, saying the country's president, an ally of U.S. President Donald Trump, needed a bridge going into the election. Argentina needed help after a legacy of financial mismanagement, Bessen...Reuters
Thu, Oct 30
