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AUD/USD pares gains ahead of Fed decision, Trump-Xi meeting
AUD/USD trades around 0.6600 on Wednesday, up 0.30% on the day at the time of writing, after hitting a daily high at 0.6617 earlier in the day, but the Aussie remains capped below 0.6630, a ceiling that has contained the pair since mid-September.
Fxstreet
Wed, Oct 29
JPY softens on broader tone ahead of BoJ – Scotiabank
The Japanese Yen (JPY) is entering Wednesday’s NA session with a marginal 0.1% decline against the US Dollar (USD) as it underperforms most of the G10 currencies along with its haven peer Swiss Franc (CHF), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 29
EUR steady into Fed/ECB as spread correlations strengthen – Scotiabank
The Euro (EUR) is entering Wednesday’s NA session roughly flat against the US Dollar (USD) as it recovers from minor overnight losses and finds renewed support on the back of broader trade-related sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 29
GBP/JPY under pressure near 200.00 as double-top pattern signals downside risk
The British Pound (GBP) extends its decline against the Japanese Yen (JPY) on Wednesday, with the cross falling to around 200.68 — its lowest level in two weeks — as Sterling remains under broad pressure amid fiscal concerns and growing expectations of interest rate cuts in the United Kingdom (UK).
Fxstreet
Wed, Oct 29
EUR/CHF climbs to two-week high as risk-on sentiment weighs on Swiss Franc
The Euro (EUR) edges higher against the Swiss Franc (CHF) on Wednesday, with EUR/CHF advancing to a two-week high as the Franc weakens against most major peers amid improved risk appetite and fading safe-haven demand.
Fxstreet
Wed, Oct 29
FOREX-Dollar strengthens as traders process trade talks and Fed meeting
Trump says he expects to agree 'great deal' with ChinaFed set to cut rates, traders eye clues on further easingAustralian inflation scuppers bets for RBA rate cut next weekSterling slides versus dollar and European peers By Kevin Buckland and Alun John TOKYO/LONDON, Oct 29 (Reuters) - The...Reuters
Wed, Oct 29
Hyundai Motor Group welcomes US and South Korea trade deal
GYEONGJU, South Korea, Oct 29 (Reuters) - The Hyundai Motor Group said on Wednesday that the South Korean carmaker appreciated efforts by the United States and South Korea to resolve business uncertainty through a trade deal struck by the two governments.Reuters
Wed, Oct 29
Santander Brasil's profit rises in Q3, bank sees 'challenging' macro backdrop
SAO PAULO, Oct 29 (Reuters) - Banco Santander Brasil's SANB3.SA third-quarter net profit rose 9.4% from a year earlier, a securities filing showed on Wednesday, despite a "challenging macroeconomic environment" marked by global uncertainty and high local interest rates. WHY IT'S IMPO...Reuters
Wed, Oct 29
USD/CAD edges lower to near 1.3940 ahead of Fed-BoC monetary policies
The USD/CAD pair ticks down to near 1.3940 during the European trading session on Wednesday. The Loonie pair trades with caution ahead of the monetary policy announcements by the Bank of Canada (BoC) and the Federal Reserve (Fed) at 13:45 GMT and 18:00 GMT, respectively.
Fxstreet
Wed, Oct 29
USD/JPY might drop further to 151.30 – UOB Group
Strong momentum suggests US Dollar (USD) could drop further to 151.30; it remains to be seen if 151.00 will come into view. In the longer run, USD could weaken, but any decline is likely part of a lower range of 151.00/152.70, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 29
RPT-ROI-Placid bond market almost trolling doomsayers: Mike Dolan
By Mike Dolan LONDON, Oct 29 (Reuters) - Global investors have spent a year fretting about a U.S. bond market blowup, citing all the necessary ingredients: public debt, inflation, Federal Reserve independence and dollar risks. If a Treasury market accident is around the corner, the options m...Reuters
Wed, Oct 29
Bearings maker Timken beats Q3 profit estimates, updates FY forecast
OverviewTimken Q3 sales rise 2.7% to $1.16 bln, beating analyst expectationsAdjusted EPS for Q3 2025 beats estimates, rising to $1.37Company updates full-year 2025 outlook, expects adjusted EPS of $5.20-$5.30OutlookTimken updates 2025 EPS forecast to $3.90-$4.00, adjusted EPS to $5.20-$5.30Company e...Reuters
Wed, Oct 29
EUR/JPY returns above 177.00, Yen eases ahead of the BoJ's decision
The Euro reversal from Monday's highs at 178.23 against the Japanese Yen has been halted at the 176.65 area on Wednesday's Early European session, and the pair bounced back to levels above 177.30 at the time of writing, which keeps the pair's broader bullish trend intact.
Fxstreet
Wed, Oct 29
AUD/USD: Unlikely to be able to break above 0.6630 today – UOB Group
Australian Dollar (AUD) could continue to strengthen but is unlikely to be able to break above 0.6630 today. In the longer run, the price action continues to suggest AUD strength; the next level to watch is 0.6630, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 29
EUR/GBP rises above 0.8800 as UK fiscal, inflation concerns weigh
EUR/GBP rises by 0.30% on Wednesday, trading around 0.8805 at the time of writing, reaching its highest level since May 2024. The pair benefits from renewed demand for the Euro (EUR) as investors brace for the European Central Bank (ECB) policy decision due Thursday.
Fxstreet
Wed, Oct 29
