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GBP/CAD tumbles to August lows as BoC signals end of easing cycle
The British Pound (GBP) continues to lose ground against the Canadian Dollar (CAD) on Wednesday as traders react to the Bank of Canada’s (BoC) “hawkish cut.” At the time of writing, GBP/CAD trades around 1.8381, hovering near its lowest level since early August and extending losses for the ninth str
Fxstreet
Wed, Oct 29
CANADA FX DEBT-Canadian dollar hits four-week high as BoC's guidance turns more hawkish
Canadian dollar gains 0.4% against the greenbackTouches its strongest since September 30 at 1.3889BoC cuts benchmark rate by 25 basis points to 2.25%Bond yields rise across the curveBy Fergal Smith TORONTO, Oct 29 (Reuters) - The Canadian dollar strengthened to a four-week high against its U.S. c...Reuters
Wed, Oct 29
Sterling at weakest in months versus dollar, lowest in years against euro
LONDON, Oct 29 (Reuters) - The pound hit its weakest in nearly three months against the dollar and in more than two years versus the euro on Wednesday as rising expectations for a rate cut from the Bank of England by year-end pushed the currency through closely watched levels. Sterling was last down...Reuters
Wed, Oct 29
Lite Strategy Announces $25M Share Repurchase Program, Signaling Shift From Initial Litecoin Accumulation To Active Capital Market Operations
Lite Strategy Inc LITS.O:LITE STRATEGY ANNOUNCES $25M SHARE REPURCHASE PROGRAM, SIGNALING SHIFT FROM INITIAL LITECOIN ACCUMULATION TO ACTIVE CAPITAL MARKET OPERATIONSLITE STRATEGY INC - SHARE REPURCHASE PROGRAM EFFECTIVE IMMEDIATELYLITE STRATEGY INC - COMPANY MAY ENTER RULE 10B5-1 TRADING PLANReuters
Wed, Oct 29
FOREX-Dollar mixed ahead of Fed rate decision
Fed expected to cut rates amid softening labor marketU.S.-China trade truce boosts dollarSterling drops on BoE rate cut expectationsBy Karen Brettell NEW YORK, Oct 29 (Reuters) - The dollar was mixed on Wednesday before the Federal Reserve is expected to cut rates, with investors focused on Fed C...Reuters
Wed, Oct 29
AUD/USD pares gains ahead of Fed decision, Trump-Xi meeting
AUD/USD trades around 0.6600 on Wednesday, up 0.30% on the day at the time of writing, after hitting a daily high at 0.6617 earlier in the day, but the Aussie remains capped below 0.6630, a ceiling that has contained the pair since mid-September.
Fxstreet
Wed, Oct 29
JPY softens on broader tone ahead of BoJ – Scotiabank
The Japanese Yen (JPY) is entering Wednesday’s NA session with a marginal 0.1% decline against the US Dollar (USD) as it underperforms most of the G10 currencies along with its haven peer Swiss Franc (CHF), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 29
EUR steady into Fed/ECB as spread correlations strengthen – Scotiabank
The Euro (EUR) is entering Wednesday’s NA session roughly flat against the US Dollar (USD) as it recovers from minor overnight losses and finds renewed support on the back of broader trade-related sentiment, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 29
GBP/JPY under pressure near 200.00 as double-top pattern signals downside risk
The British Pound (GBP) extends its decline against the Japanese Yen (JPY) on Wednesday, with the cross falling to around 200.68 — its lowest level in two weeks — as Sterling remains under broad pressure amid fiscal concerns and growing expectations of interest rate cuts in the United Kingdom (UK).
Fxstreet
Wed, Oct 29
EUR/CHF climbs to two-week high as risk-on sentiment weighs on Swiss Franc
The Euro (EUR) edges higher against the Swiss Franc (CHF) on Wednesday, with EUR/CHF advancing to a two-week high as the Franc weakens against most major peers amid improved risk appetite and fading safe-haven demand.
Fxstreet
Wed, Oct 29
FOREX-Dollar strengthens as traders process trade talks and Fed meeting
Trump says he expects to agree 'great deal' with ChinaFed set to cut rates, traders eye clues on further easingAustralian inflation scuppers bets for RBA rate cut next weekSterling slides versus dollar and European peers By Kevin Buckland and Alun John TOKYO/LONDON, Oct 29 (Reuters) - The...Reuters
Wed, Oct 29
Hyundai Motor Group welcomes US and South Korea trade deal
GYEONGJU, South Korea, Oct 29 (Reuters) - The Hyundai Motor Group said on Wednesday that the South Korean carmaker appreciated efforts by the United States and South Korea to resolve business uncertainty through a trade deal struck by the two governments.Reuters
Wed, Oct 29
Santander Brasil's profit rises in Q3, bank sees 'challenging' macro backdrop
SAO PAULO, Oct 29 (Reuters) - Banco Santander Brasil's SANB3.SA third-quarter net profit rose 9.4% from a year earlier, a securities filing showed on Wednesday, despite a "challenging macroeconomic environment" marked by global uncertainty and high local interest rates. WHY IT'S IMPO...Reuters
Wed, Oct 29
USD/CAD edges lower to near 1.3940 ahead of Fed-BoC monetary policies
The USD/CAD pair ticks down to near 1.3940 during the European trading session on Wednesday. The Loonie pair trades with caution ahead of the monetary policy announcements by the Bank of Canada (BoC) and the Federal Reserve (Fed) at 13:45 GMT and 18:00 GMT, respectively.Fxstreet
Wed, Oct 29
