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Aussie slips as Fed’s “hawkish cut” dashes December dovish hopes
The Australian Dollar dropped on Wednesday after the US Federal Reserve cut rates by 25 basis points but signaled that the December’s meeting remains open, after Powell said that a cut is far from a done deal. The AUD/USD trades at 0.6569, down 0.25%.
Fxstreet
Wed, Oct 29
BOJ seen keeping rates on hold, yen pressure looms
BOJ concludes 2-day meeting, decision expected 0330-0500 GMTMarkets expect BOJ to keep rates steady at 0.5%BOJ seen torn between domestic politics, U.S. pressureGovernor Ueda expected to hold news conference 0630 GMTBoard may revise up this year's growth forecast in reportBy Leika Kihara TOKY...Reuters
Wed, Oct 29
EUR/USD tumbles as Powell delivers ‘hawkish cut,’ dials back December easing bets
EUR/USD slid on Wednesday over 0.43% as the Federal Reserve delivered a “hawkish cut” after Fed Chair Jerome Powell said that “rate cut in December is far from foregone conclusion.” At the time of writing, the pair trades near weekly lows of 1.1601 with traders eyeing monthly lows of 1.1542.
Fxstreet
Wed, Oct 29
Specialty materials maker Rogers beats Q3 sales estimates on higher EV demand
OverviewRogers Q3 net sales rise 6.5% sequentially, beating analyst expectationsAdjusted EPS for Q3 beats analyst estimates, driven by cost improvement initiativesCompany repurchased $10 mln of shares in Q3OutlookRogers expects Q4 2025 net sales between $190 mln and $205 mlnCompany projects Q4 2025 ...Reuters
Wed, Oct 29
Dental device maker Align's Q3 revenue beats expectations
OverviewAlign Q3 2025 revenue up 1.8% yr/yr, beating analyst expectationsAdjusted EPS for Q3 2025 beats consensus, driven by strong international performanceCompany repurchased 0.5 mln shares at $136.77 average priceOutlookCompany expects Q4'25 revenues between $1,025M and $1,045MAlign sees Q4&#...Reuters
Wed, Oct 29
CANADA FX DEBT-Canadian dollar pulls back from four-week high after Fed rate decision
Loonie touches its strongest since September 30 at 1.3889BoC cuts benchmark rate by 25 basis points to 2.25%Price of oil settles 0.55% higherBond yields rise across the curveBy Fergal Smith TORONTO, Oct 29 (Reuters) - The Canadian dollar gave back its earlier gains against the greenback on We...Reuters
Wed, Oct 29
Data center operator Equinix lowers 2025 revenue forecast, facing deal-closure delays
Oct 29 (Reuters) - Equinix EQIX.O lowered its forecast for annual revenue due to the data center operator facing delays in closing a deal and a negative impact from foreign exchange rates, its CEO said on Wednesday, while Wall Street counts on the company to benefit from booming spending on AI infra...Reuters
Wed, Oct 29
MercadoLibre's third-quarter net profit misses estimates despite revenue beat
By Andre Romani SAO PAULO, Oct 29 (Reuters) - E-commerce firm MercadoLibre MELI.O posted on Wednesday a net profit below analysts' expectations, impacted by currency effects and weaker demand in Argentina, while a free-shipping boost in Brazil hit margins but helped to drive a revenue beat. U...Reuters
Wed, Oct 29
FOREX-Powell's comments curb December rate cut bets, boosting dollar
Powell's comments reduce odds of December rate cutDollar index rises, euro and yen weaken against greenbackSterling drops as BoE rate cut expectations increaseBy Karen Brettell NEW YORK, Oct 29 (Reuters) - The dollar gained on Wednesday after Federal Reserve Chair Jerome Powell pushed back ag...Reuters
Wed, Oct 29
ECB must have active role in payments' evolution to protect public trust in money
MILAN, Oct 29 (Reuters) - Central banks must remain on top of developments in the finance and payments industries and play an active role in order to protect the monetary systems that underpin all modern economies, a top European Central Bank said.In a speech delivered in Florence where the ECB'...Reuters
Wed, Oct 29
EUR/USD slides as Fed delivers rate cut, signals end of QT
EUR/USD seesawed within the 1.1650-1.1635 range on Wednesday as the Federal Reserve cut rates by 25 basis points as expected, yet there were two dissenters at the meeting. At the time of writing, the pair trades volatile, as traders await the Fed Chair Jerome Powell press conference.Fxstreet
Wed, Oct 29
GBP/CAD tumbles to August lows as BoC signals end of easing cycle
The British Pound (GBP) continues to lose ground against the Canadian Dollar (CAD) on Wednesday as traders react to the Bank of Canada’s (BoC) “hawkish cut.” At the time of writing, GBP/CAD trades around 1.8381, hovering near its lowest level since early August and extending losses for the ninth str
Fxstreet
Wed, Oct 29
CANADA FX DEBT-Canadian dollar hits four-week high as BoC's guidance turns more hawkish
Canadian dollar gains 0.4% against the greenbackTouches its strongest since September 30 at 1.3889BoC cuts benchmark rate by 25 basis points to 2.25%Bond yields rise across the curveBy Fergal Smith TORONTO, Oct 29 (Reuters) - The Canadian dollar strengthened to a four-week high against its U.S. c...Reuters
Wed, Oct 29
Sterling at weakest in months versus dollar, lowest in years against euro
LONDON, Oct 29 (Reuters) - The pound hit its weakest in nearly three months against the dollar and in more than two years versus the euro on Wednesday as rising expectations for a rate cut from the Bank of England by year-end pushed the currency through closely watched levels. Sterling was last down...Reuters
Wed, Oct 29
Lite Strategy Announces $25M Share Repurchase Program, Signaling Shift From Initial Litecoin Accumulation To Active Capital Market Operations
Lite Strategy Inc LITS.O:LITE STRATEGY ANNOUNCES $25M SHARE REPURCHASE PROGRAM, SIGNALING SHIFT FROM INITIAL LITECOIN ACCUMULATION TO ACTIVE CAPITAL MARKET OPERATIONSLITE STRATEGY INC - SHARE REPURCHASE PROGRAM EFFECTIVE IMMEDIATELYLITE STRATEGY INC - COMPANY MAY ENTER RULE 10B5-1 TRADING PLANReuters
Wed, Oct 29
FOREX-Dollar mixed ahead of Fed rate decision
Fed expected to cut rates amid softening labor marketU.S.-China trade truce boosts dollarSterling drops on BoE rate cut expectationsBy Karen Brettell NEW YORK, Oct 29 (Reuters) - The dollar was mixed on Wednesday before the Federal Reserve is expected to cut rates, with investors focused on Fed C...Reuters
Wed, Oct 29
