News
Important Only
EUR/USD remains above 1.1700 amid ECB’s cautious outlook
EUR/USD holds ground after two days of losses, trading around 1.1720 during the Asian hours on Friday. Traders await HCOB Purchasing Managers’ Index (PMI) data from the Eurozone and Germany due later in the day. Eurozone Producer Price Index (PPI) will also be eyed.
Fxstreet
Fri, Oct 3
Japan's markets gird for leadership vote with stocks, bonds on edge
Subdued market reaction seen from Koizumi victoryWin by dovish Takaichi could steepen yield curve, weaken yenDark horse Hayashi supports BOJ rate hikes, opposes large stimulusBy Junko Fujita and Kevin Buckland TOKYO, Oct 3 (Reuters) - Japanese markets are bracing for a crucial ruling party vote tReuters
Fri, Oct 3
FOREX-Yen trims weekly advance as investors weigh BOJ, election impacts
LDP election to decide Japan's next prime ministerYen still well bid for week as BOJ primed for near-term rate hikeU.S. government shutdown impacts economic data releaseCanadian dollar hits four-month low on oil price slideBy Rocky Swift TOKYO, Oct 3 (Reuters) - The yen edged lower on Friday,...Reuters
Fri, Oct 3
Australia, NZ dollars up for week, diverging rate outlook favours Aussie
SYDNEY, Oct 3 (Reuters) - The Australian and New Zealand dollars clung to weekly gains on Friday as economic uncertainty hindered their U.S. counterpart, while the outlook for interest rates at home continued to diverge markedly.The Aussie held at $0.6600 AUD=D3, having found support at $0.6577 over...Reuters
Fri, Oct 3
USD/JPY gains traction above 147.00 as US Dollar rebounds
The USD/JPY pair recovers some lost ground near 147.20, snapping the four-day losing streak during the early Asian session on Friday. The potential upside for the pair might be limited as traders continue to assess the impact of a US government shutdown.Fxstreet
Thu, Oct 2
EUR/USD steady at 1.1720 as Dollar firm amid US shutdown
EUR/USD remains steady during the North American session on Thursday, yet registering back-to-back bearish days as the US Dollar strengthens amid the ongoing government shutdown and the absence of US economic data releases like Initial Jobless Claims. The pair trades at 1.1719, down 0.09%.Fxstreet
Thu, Oct 2
ECB picks AI startup to prevent digital euro fraud
FRANKFURT, Oct 2 (Reuters) - The European Central Bank said on Thursday it had picked a Portuguese startup focussed on artificial intelligence to help prevent fraud in its planned digital euro currency.The contract with Feedzai, worth up to 237.3 million euros ($278.69 million), is one of several a...Reuters
Thu, Oct 2
Argentina's bonds rise in wobbly session as investors eye US support pledge
Bessent says US 'not putting money' in ArgentinaUS government shutdown, GOP pushback, raise concernsPeso currency down 6.7% this week vs US dollarBy Rodrigo Campos and Libby George NEW YORK/LONDON, Oct 2 (Reuters) - Argentina's international dollar bonds rose in a volatile session on...Reuters
Thu, Oct 2
Canadian Dollar finds fresh losses on Thursday
The Canadian Dollar (CAD) found a fresh wave of weakness on Thursday, tipping into a fresh five-month low against the US Dollar (USD) as Loonie traders find few reasons to bid up the battered CAD. US jobs data would typically take the pride of place as this week’s dominant data release on Friday.Fxstreet
Thu, Oct 2
CANADA FX DEBT-Canadian dollar hits a 4-1/2-month low as oil prices slide
Canadian dollar falls 0.2% against the greenbackHits lowest since May 16 at 1.3986Price of oil settles 2.1% lower on supply concernsBond yields ease across the curveBy Fergal Smith TORONTO, Oct 2 (Reuters) - The Canadian dollar weakened to a four-month low against its U.S. counterpart on Thursday...Reuters
Thu, Oct 2
FOREX-Dollar rebounds, uncertainty reigns as US government stays shut
Dollar gains against euro and yenFed and private data mitigate impact of missing government reportsTraders expect Fed rate cuts; Dallas Fed President cautious on further cutsBy Karen Brettell NEW YORK, Oct 2 (Reuters) - The dollar gained against the euro and yen on Thursday, with the greenback re...Reuters
Thu, Oct 2
FX Today: Final PMIs in Europe and the US come to the fore
The US Dollar (USD) partially reversed its multi-day leg lower on Thursday, as the US government shutdown continued to weigh on investors’ sentiment, while the absence of data releases should leave traders focused on US politics as well as geopolitics.Fxstreet
Thu, Oct 2
Putin says Russia is past the worst economic phase
SOCHI, Russia, Oct 2 (Reuters) - Russian President Vladimir Putin said on Thursday that there are grounds to believe the most difficult phase of Russia's current economic challenges was now behind it.Speaking at the Valdai Discussion Club in Sochi, Putin emphasized the need to strengthen economi...Reuters
Thu, Oct 2
USD/JPY firms as Greenback rebounds, US shutdown clouds economic outlook
The Japanese Yen (JPY) halts its four-day winning streak against the US Dollar (USD) on Thursday, with USD/JPY edging higher during the American session. At the time of writing, the pair trades near 147.25, up about 0.12% on the day, as the Greenback attempts a modest rebound after recent weakness.Fxstreet
Thu, Oct 2
