News
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Sterling firms as traders digest PMIs, await Bailey speech
Oct 3 (Reuters) - The pound firmed slightly against a broadly weaker dollar on Friday, with traders digesting news that business activity growth was slowing while they awaited remarks from Bank of England governor Andrew Bailey. They were also looking ahead to British finance minister Rachel Reeves&...Reuters
Fri, Oct 3
USD/JPY: LDP election awaits – OCBC
LDP party will vote to select its leader on Sat. It is a full-spec vote, meaning that the election is conducted in its complete format. Each of the LDP's 295 Diet members will cast a vote, and another 295 votes will be determined based on ballots of rank-and-file members (about 1.1mio of them).
Fxstreet
Fri, Oct 3
USD/JPY dips below 147.50 with the Dollar weighed amid the risk-on mood
The US Dollar’s rebound against the Japanese Yen has lost momentum during Friday’s European Morning session, as the pair retreated from daily highs at the 147.80 area to levels around 147.30 at the moment of writing.The pair rallied from two-week lows at 146.55 on late Thursday’s trading and Friday’Fxstreet
Fri, Oct 3
NZD/USD has likely moved into a 0.5770/0.5865 range – UOB Group
New Zealand Dollar (NZD) appears to have entered a sideways-trading phase and is likely to trade between 0.5790 and 0.5830. In the longer run, NZD has likely moved into a 0.5770/0.5865 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Oct 3
EMERGING MARKETS-Czech election jitters build; EM assets on track for strong weekly close
EM stocks up 0.3%, FX flat; set for weekly advanceCzech Republic elections on Friday and SaturdayTurkey's annual inflation jumps, exceeding expectationsSenegal international bonds rally ahead of IMF board meeting By Nikhil Sharma Oct 3 (Reuters) - Emerging Markets stocks and currencies inched...Reuters
Fri, Oct 3
GBP/USD may retest the 1.3400 level – UOB Group
The softened underlying suggests Pound Sterling (GBP) may retest the 1.3400 level; a continued decline below this level is unlikely. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Oct 3
EUR/USD: Likely to trade in a range of 1.1690/1.1750 – UOB Group
There has no significant shift in either downward or upward momentum; Euro (EUR) is likely to trade in a range of 1.1690/1.1750. In the longer run, EUR is likely to trade between 1.1675 and 1.1790 for the time being, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Oct 3
FOREX-Dollar heads for worst week since July; yen underpinned by BOJ
Dollar weakens slightly versus major peersBOJ's Ueda cautious on global economy, lowering imminent rate-hike betsFedWatch Tool shows 89% probability of December rate cutDollar rebounds despite U.S. government shutdownBy Rocky Swift and Lucy Raitano TOKYO/LONDON, Oct 3 (Reuters) - The doll...Reuters
Fri, Oct 3
AUD/USD rises to near 0.6600 as traders pare RBA dovish bets
The AUD/USD pair gains slightly to near 0.6605 during the European trading session on Friday. The Aussie pair moves higher as the Australian Dollar (AUD) gains amid easing bets supporting interest rate cuts by the Reserve Bank of Australia (RBA) in the policy meeting in November.Fxstreet
Fri, Oct 3
Zimbabwe economic growth rate to rebound to 6% this year, IMF says
NAIROBI, Oct 3 (Reuters) - Zimbabwe's economic growth is expected to rebound to a 6% rate this year, the International Monetary Fund said, citing improving agricultural production, record-high gold prices and robust remittances from its citizens who live abroad.Economic growth in the southern Af...Reuters
Fri, Oct 3
