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GBP/USD steadies after sharp drop as Reeves’ tax warning sparks fiscal jitters
The GBP/USD holds firm on Wednesday following Tuesday’s 0.90% losses due to UK’s finance minister Rachel Reeves saying that she could raise taxes to meet her fiscal rules. The pair trades at 1.3028 virtually unchanged.
Fxstreet
Wed, Nov 5
USD/CHF steady around 0.8100 as US data offset by shutdown gloom
USD/CHF trades around 0.8100 on Wednesday at the time of writing, virtually unchanged on the day after pulling back from a three-month high of 0.8124 hit earlier as data from the United States (US) supports the US Dollar (USD).
Fxstreet
Wed, Nov 5
FOREX-Dollar firm as US private payrolls rebound in October
US private payrolls rebound in OctoberRisk off tone in Asia eases in European trading Sterling pinned near 7-month low ahead of BoE meeting Riksbank does little for crown By Saqib Iqbal Ahmed NEW YORK, Nov 5 (Reuters) - The U.S. dollar edged up on Wednesday, extending its gains from last week on ...Reuters
Wed, Nov 5
EMERGING MARKETS-LatAm assets buck global dip on valuation fears; Brazil's rate call in spotlight
Latam stocks up 0.88%; FX up 0.1% Brazil's central bank expected to keep rates at 15% Qatari Diar to invest $29.7 bln in Egypt projectBy Pranav Kashyap Nov 5 (Reuters) - Most Latin American currencies and stocks rose on Wednesday, bucking a fresh bout of global valuation jitters that kept glo...Reuters
Wed, Nov 5
USD/JPY seen range-bound between 153–154 – Scotiabank
The Japanese Yen (JPY) steadied after early strength, with sentiment and equity performance remaining key drivers as USD/JPY holds within a narrow 153–154 range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Nov 5
GBP/USD is trading quietly above 1.30 – Scotiabank
The Pound Sterling (GBP) is also quietly consolidating in a tight range just above the psychologically important 1.30 level and finding some modest support following the release of slightly better than expected final services and composite PMI’s (printing marginally above expectations in the low 50sFxstreet
Wed, Nov 5
GBP/JPY rebounds as BoE decision looms; BoJ minutes hint at gradual tightening
The British Pound (GBP) rebounds against the Japanese Yen (JPY) on Wednesday, recovering from a sharp sell-off the previous day that followed UK Chancellor Rachel Reeves’ pre-budget speech. The announcement sparked heavy selling in Sterling, pushing GBP/JPY to nearly one-month lows on Tuesday.
Fxstreet
Wed, Nov 5
FOREX-Early rush to safe haven currencies peters out, markets back to thinking about Fed
Risk off tone in Asia eases in European trading Eyes on US private payrolls data Sterling pinned near 7-month low ahead of BoE meeting Riksbank does little for crown By Kevin Buckland and Alun John TOKYO/LONDON, Nov 5 (Reuters) - Risk aversion blew through foreign-exchange markets in Asia on Wedn...Reuters
Wed, Nov 5
Royalty Pharma Q3 Portfolio Receipts up 11%, guidance raised
OverviewRoyalty Pharma Q3 2025 Portfolio Receipts grow 11% yr/yr to $814 mlnAdjusted EBITDA for Q3 2025 beats analyst expectationsCompany raises full-year 2025 guidance for Portfolio Receipts to $3.2-$3.25 blnOutlookRoyalty Pharma raises 2025 Portfolio Receipts guidance to $3,200 mln-$3,250 mlnCompa...Reuters
Wed, Nov 5
USD/JPY: Scope to move lower to 153.00 – UOB Group
There is scope for US Dollar (USD) to move lower to 153.00; based on the current momentum, it is unlikely to break clearly below this level. In the longer run, USD appears to have entered a 152.40/154.40 range-trading phase, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Nov 5
