News
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Peru president sees economy growing 3.5% in 2025, up from last year
LIMA, Nov 4 (Reuters) - Peru's President Jose Jeri told a business forum on Tuesday he expected the Andean nation's economy to expand 3.5% this year, up from the 3.3% registered last year, and pledged to hand over orderly public finances to the next government in 2026.Jeri also said he is pr...Reuters
Tue, Nov 4
Health and wellness firm LifeVantage Q1 revenue misses estimates
OverviewLifeVantage fiscal Q1 revenue increased 0.7% yr/yr but missed analyst expectationsAdjusted EPS for fiscal Q1 rose to $0.18 from $0.15 a year agoCompany highlights strategic acquisition of LoveBiome as a pivotal milestoneOutlookCompany reiterates FY 2026 revenue guidance of $225 mln to $240 m...Reuters
Tue, Nov 4
Luxury travel company Inspirato's adjusted EBITDA loss narrows, announces CFO retirement
OverviewInspirato reports Q3 net loss of $4.5 mln, but adjusted EBITDA loss narrows sharplyCash operating expenses declined 26% yr/yr, reflecting operational improvementsCFO Michael Arthur resigns, will stay through 2025 for transitionOutlookInspirato expects full-year 2025 revenue between $235 mln ...Reuters
Tue, Nov 4
FOREX-Dollar up on rate cut doubts and safety play, pound slumps
Euro falls against dollar for fifth straight sessionPound weakens on rare pre-budget speech by UK finance ministerYen gains; investors wary of intervention risks Aussie slips after RBA stands pat, warns on inflationBitcoin slips to lowest in more than four monthsBy Saqib Iqbal Ahmed NEW YORK, Nov...Reuters
Tue, Nov 4
FX Today: Focus shifts to US ISM Services PMI, US shutdown nears a record
The US Dollar (USD) kept pushing higher on Tuesday, flirting with six-month highs as traders continued to weigh the Fed’s next move after last week’s meeting. Growing expectations that the Committee might stay on hold in December are keeping the Dollar well bid.
Fxstreet
Tue, Nov 4
EUR/USD extends losing streak as focus turns to ADP, ISM and Eurozone PMI
The Euro (EUR) weakens further against the US Dollar (USD) as renewed demand for the Greenback keeps pressure on the pair. At the time of writing, EUR/USD is trading around 1.1481, extending losses for the fifth consecutive day.Fxstreet
Tue, Nov 4
EUR/JPY drops as Yen strengthens on BoJ rate hike signals, ECB pause
EUR/JPY trades around 176.30 on Tuesday at the time of writing, down 0.70% for the day. The pair extends its decline as the Japanese Yen (JPY) benefits from recent remarks by Bank of Japan (BoJ) Governor Kazuo Ueda, who hinted at a possible rate hike as early as December or January.
Fxstreet
Tue, Nov 4
CANADA FX DEBT-Canadian dollar hits a near seven-month low ahead of federal budget
Canadian dollar falls 0.2% against the greenbackTouches its weakest since April 10 at 1.4095Price of oil decreases 0.7%Bond yields trade mixed across the curveBy Fergal Smith TORONTO, Nov 4 (Reuters) - The Canadian dollar weakened to a near seven-month low against its U.S. counterpart on Tuesday ...Reuters
Tue, Nov 4
AUD/USD falls as RBA maintains rate pause, US Dollar strengthens
AUD/USD falls on Tuesday, trading around 0.6500 at the time of writing, down 0.60% on the day. The Australian Dollar (AUD) extends losses after the Reserve Bank of Australia (RBA) decided to keep its Official Cash Rate (OCR) steady at 3.6%, as widely expected by markets.
Fxstreet
Tue, Nov 4
GBP/USD hits seven-month low as UK fiscal concerns deepen ahead of BoE decision
The British Pound (GBP) remains under pressure against the US Dollar (USD) on Tuesday, with GBP/USD falling to its lowest level since April 11 amid broad-based Greenback strength and growing fiscal concerns in the United Kingdom (UK).
Fxstreet
Tue, Nov 4
FOREX-Dollar extends gains on rate cut doubts and safety play; pound slips
Euro slips against dollar for fifth straight sessionPound weakens on rare pre-budget speech by UK finance ministerYen gains; investors wary of intervention risks Aussie wobbles after RBA stands pat, warns on inflationBitcoin slips to lowest in more than four monthsBy Saqib Iqbal Ahmed NEW YORK, N...Reuters
Tue, Nov 4
JPY is outperforming on broader market tone – Scotiabank
The Japanese Yen (JPY) is strong, up 0.5% against the US Dollar (USD) and outperforming all of the G10 currencies in an environment broad-based USD strength and risk aversion, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Nov 4
GBP weak, underperforming with pro-risk currencies – Scotiabank
The Pound Sterling (GBP) is weak, down 0.6% against the US Dollar (USD) and underperforming most of the G10 currencies in an environment of broad-based USD strength, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Nov 4
CAD softer amid weak risk appetite – Scotiabank
Weak risk appetite is just another reason for markets to nudge the Canadian Dollar (CAD) lower this morning, although CAD losses are at least more moderate than other high beta/ commodity currencies, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Tue, Nov 4
USD/CHF hits two-month high amid resilient US Dollar and dovish SNB outlook
The Swiss Franc (CHF) declines further against the US Dollar (USD) on Tuesday, with USD/CHF extending gains for the fifth consecutive day amid broad-based Greenback strength. At the time of writing, the pair is trading around 0.8090, its highest level since August 22.
Fxstreet
Tue, Nov 4
Sterling hits April low as Reeves hints at tax rises in budget
By Amanda Cooper and Dhara Ranasinghe LONDON, Nov 4 (Reuters) - Britain's pound touched its lowest point since April on Tuesday after finance minister Rachel Reeves reiterated her commitment to upholding her fiscal rules in her November budget, ahead of a Bank of England interest rate decisio...Reuters
Tue, Nov 4
Telesat Q3 revenue falls 27% on lower renewal rates
OverviewTelesat Q3 revenue falls 27% yr/yr due to changes in customer agreementsAdjusted EBITDA for Q3 declines 51% yr/yr, margin drops to 46.3%Net loss for Q3 is C$121 mln, impacted by foreign exchange lossesOutlookTelesat expects 2025 revenue between C$405 mln and C$425 mlnCompany forecasts 2025 a...Reuters
Tue, Nov 4
