News
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EUR: Rangebound activity may continue – ING
EUR/USD has struggled to find a catalyst for a big break higher – i.e., above 1.180 – despite some accumulation of negative US news. The bar to sell dollars appears higher, and the euro is lacking a highly compelling idiosyncratic story, ING's commodity experts Ewa Manthey and Warren Patterson note.
Fxstreet
Mon, Oct 6
INSTANT VIEW-French markets tumble after PM Lecornu resigns
LONDON, Oct 6 (Reuters) - A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned.French stocks fell sharply .FCHI, government bond yields were up 8 basis points FR10YT=RR and the euro was last down 0.65% at $1.1667 EUR=EBS. T...Reuters
Mon, Oct 6
EUR/USD dives as France Prime Minister resigns unexpectedly
The Euro is plunging across the board on Monday, following news that France's Prime Minister, Sébastien Lecornu, resigned. EUR/USD has sliced through the 1.1700 area and is approaching one-month lows at 1.1645 at the time of writing.Fxstreet
Mon, Oct 6
INSTANT VIEW-French markets tumble after PM Lecornu resigns
LONDON, Oct 6 (Reuters) - A selloff in French markets gathered pace on Monday after French media reports that Prime Minister Sebastien Lecornu has resigned.French stocks fell sharply .FCHI, government bond yields were up 8 basis points FR10YT=RR and the euro was last down 0.65% at $1.1667 EUR=EBS. T...Reuters
Mon, Oct 6
USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel
USD/CAD remains subdued for the second successive session, trading around 1.3950 during the European hours on Monday. The technical analysis of the daily chart suggests the weakening of the bullish bias as the pair is attempting to break below the ascending channel pattern.
Fxstreet
Mon, Oct 6
FOREX-Japanese yen tumbles on likely new leader, euro slides after French PM steps down
Takaichi set to become Japan's first female prime ministerTakaichi's policies may delay BOJ's rate hike plansEuro hits record high against yenEuro tumbles vs dollar and sterling after new French PM quitsFed funds futures imply 95% chance of October U.S. rate cutBy Gregor Stuart Hunter an...Reuters
Mon, Oct 6
French markets, euro slide as government collapses
PM Lecornu resignsFrench risk premium spikes to January highFrench banking shares, bonds under pressure LONDON, Oct 6 (Reuters) - French stocks and bond prices tumbled, while the euro dropped on Monday, following the resignation of Prime Minister Sebastien Lecornu in the face of mounting pressure fr...Reuters
Mon, Oct 6
Japan's stocks zoom, yen slumps as Takaichi win dims BOJ hike bets
Nikkei surges past 48,000 after Takaichi's electionMarket bets for BOJ rate hike fallYen weakens, bond yields fluctuate amid policy expectationsBy Rocky Swift and Junko Fujita TOKYO, Oct 6 (Reuters) - Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled...Reuters
Mon, Oct 6
