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South Korea foreign minister says rough agreement on security reached with US
SEOUL, Oct 2 (Reuters) - South Korean Foreign Minister Cho Hyun said South Korea and the United States had reached a rough agreement on security, which was in tandem with ongoing tariff negotiations.In an interview with Yonhap News Agency, Cho said the U.S. was reviewing a currency swap deal, which ...Reuters
Wed, Oct 1
FOREX-US dollar sags after poor jobs data, government shutdown fuels caution
US government funding expired at 0400 GMT on WednesdayShutdown will delay key monthly jobs reportYen gets biggest boostUS private sector jobs fall in SeptemberBy Gertrude Chavez-Dreyfuss NEW YORK, Oct 1 (Reuters) - The U.S. dollar slid to two-week lows against the yen on Wednesday after data show...Reuters
Wed, Oct 1
FX Today: The US government shutdown and its implications steal the headlines
Further weakness saw the US Dollar (USD) recede to new multi-day lows as investors evaluated the US federal government shutdown, which in turn reignited uncertainty in the global markets ahead of the key US data releases.
Fxstreet
Wed, Oct 1
CANADA FX DEBT-Canadian dollar weakens as factory woes support BoC rate cut bets
Canadian dollar falls 0.2% against the greenbackTrades in a range of 1.3907 to 1.3957Manufacturing PMI falls to 47.7 in SeptemberBond yields trade mixed across the curveBy Fergal Smith TORONTO, Oct 1 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Wednesday, moving closer...Reuters
Wed, Oct 1
REFILE-GRAPHIC -Tracking the fate of king dollar
By Grant Smith, Karin Strohecker and Dhara Ranasinghe LONDON, Oct 1 (Reuters) - The U.S. dollar, long renowned for its strength, has been weakened by President Donald Trump’s stiff tariffs, his attacks on the Federal Reserve and his distancing from allies and global institutions.The dollar still ...Reuters
Wed, Oct 1
EUR/GBP weakens as Eurozone inflation steady, UK PMI stabilizes
The EUR/GBP drops during the North American session after the latest release of inflation in the Eurozone came aligned with estimates, but slightly above the European Central Bank (ECB) goal. The cross trades around 0.8696, down 0.36%.
Fxstreet
Wed, Oct 1
Canadian Dollar under pressure USD steadies, weighed by soft PMI and lower Oil prices
The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Wednesday, with USD/CAD edging higher around 1.3950 as the Greenback recovered ground after an initial dip on softer US data and lingering uncertainty over the partial government shutdown.
Fxstreet
Wed, Oct 1
Mexico analysts again hike up 2025 growth forecasts to 0.5%
MEXICO CITY, Oct 1 (Reuters) - Private sector analysts polled by Mexico's central bank again edged up their forecasts for the nation's economic growth this year, according to the survey published on Wednesday, marking the fourth consecutive time they revised up the figure.Analysts now expect...Reuters
Wed, Oct 1
FOREX-US dollar slumps after poor jobs data, as government shutdown raises uncertainty
US government funding expired at 0400 GMT on WednesdayShutdown will delay key monthly jobs reportYen gets biggest boostUS private sector jobs fall in SeptemberBy Amanda Cooper and Gertrude Chavez-Dreyfuss LONDON/NEW YORK, Oct 1 (Reuters) - The U.S. dollar slid to two-week lows against the yen on ...Reuters
Wed, Oct 1
POLL-Dollar faces prolonged weakness amid Fed rate cuts
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/fx-polls?RIC=EUR= poll dataBy Hari Kishan BENGALURU, October 1 (Reuters) - The U.S. dollar, under pressure since the start of the year, may struggle to find its footing against most major currencies over the coming 12 months, according to a R...Reuters
Wed, Oct 1
GBP/USD surges to one-week high as weak ADP data and US government shutdown dent US Dollar
The British Pound (GBP) advances sharply against the US Dollar (USD) on Wednesday, with GBP/USD climbing to a one-week high, reaching its strongest level since September 24, as the Greenback remains under broad pressure amid a weaker-than-expected ADP Employment Change report, the ongoing United Sta
Fxstreet
Wed, Oct 1
Yuan and Aussie dollar gain share in global reserves as dollar dips, IMF data shows
IMF adjusts data for currency swings after big dollar moves Yuan, Aussie dollar gain 0.03 percentage points in share in Q2Dollar sees dip in reserves' share, adjusted for FX swingsBy Karin Strohecker and Dhara RanasingheLONDON, Oct 1 (Reuters) - The Chinese yuan and Australian dollar increased t...Reuters
Wed, Oct 1
BREAKINGVIEWS-Crypto-hoarder deal buys market magic with bitcoin
By Jonathan GuilfordNEW YORK, Sept 30 (Reuters Breakingviews) - Is crypto hoarding about the crypto or the hoarding? Among the stampede of companies refashioning their business models to become digital-coin collectors, Strive ASST.O has emerged to pick up any that fail to generate sufficiently bubb...Reuters
Wed, Oct 1
EUR/JPY tumbles to near 172.50 as Japanese Yen outperforms across the board
The EUR/JPY pair trades 0.6% lower to near 172.50 during the European trading session on Wednesday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) continues to outperform its peers from the past few trading days.
Fxstreet
Wed, Oct 1
JPY outperforming on reassertion of haven role amid US shutdown – Scotiabank
The Japanese Yen (JPY) is strong, up 0.5% against the US Dollar (USD) and once again outperforming all of the G10 currencies on a combination of both sentiment and fundamentals as market participants eye the US government shutdown as well as the outlook for the BoJ, Scotiabank's Chief FX Strategists
Fxstreet
Wed, Oct 1
GBP a relative performer on neutral comments from BoE’s Mann – Scotiabank
The Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies into Wednesday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Wed, Oct 1
