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FOREX-Japanese yen strengthens after officials ease policy concerns
Japanese yen gains after comments from Japanese minister and U.S. Treasury SecretaryBOJ expected to hold rates steady, focus on future rate hike cluesInvestors watch U.S.-China trade deal prospects ahead of Trump-Xi meetingBy Karen Brettell NEW YORK, Oct 28 (Reuters) - The Japanese yen gained on ...Reuters
Tue, Oct 28
FX Today: The Fed and the BoC are expected to lower their rates
In quite a volatile day, the US Dollar (USD) traded with modest losses, maintaining a gradual decline so far this week, always amid a steady market caution ahead of the Federal Reserve (Fed) event on Wednesday, where a 25-basis-point rate cut is fully priced in.
Fxstreet
Tue, Oct 28
AUD/USD firms as traders brace for Australia Q3 inflation data and Fed decision
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday, extending its winning streak for the fifth consecutive session as the Greenback stays under pressure ahead of the Federal Reserve’s (Fed) interest rate decision on Wednesday.
Fxstreet
Tue, Oct 28
Moncler expects wholesale revenues to be down around mid single digit at constant forex rate in FY, exec says
Oct 28 (Reuters) - Moncler SpA MONC.MI:MONCLER EXEC: EXPECTS WHOLESALE REVENUES TO BE DOWN AROUND MID SINGLE DIGIT AT CONSTANT FOREX RATE IN FULL YEAR VERSUS HIGH SINGLE DIGIT DECLINE INDICATED BEFOREMONCLER EXEC: CHINA POSITIVE BOTH FOR MAINLAND CHINA AND FOR CHINESE CLUSTERMONCLER EXEC: OVERALL WE...Reuters
Tue, Oct 28
USD/CAD extends losses as weak US Consumer Confidence weighs, BoC and Fed eyed
The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Tuesday as the Greenback weakens following the latest US Consumer Confidence report. At the time of writing, USD/CAD is trading around 1.3944, extending losses for the second consecutive day and down roughly 0.30%.
Fxstreet
Tue, Oct 28
USD/CHF declines for fourth day as Swiss Franc gains, Fed rate cut expected
USD/CHF trades lower on Tuesday, around 0.7930 at the time of writing, down 0.27% for the day. The pair extends its four-day losing streak as the Swiss Franc (CHF) strengthens amid fading expectations of further monetary easing by the Swiss National Bank (SNB).
Fxstreet
Tue, Oct 28
GBP/USD sinks below 1.33 as UK fiscal woes deepen ahead of budget
The GBP/USD dives more than 0.50% on Tuesday as market participants digested news of the UK’s Office for Budget Responsibility (OBR), which plan to cut productivity, leading to a huge hole in the public finances. The pair tumbled below 1.3300 for the first time since mid-October.
Fxstreet
Tue, Oct 28
US Treasury gets currency intervention disclosure commitments from Thailand, Malaysia
Oct 28 (Reuters) - The U.S. Treasury on Tuesday said Thailand and Malaysia have agreed to regularly disclose any interventions in the foreign exchange market undertaken by their central banks.Both Thailand and Malaysia committed to report interventions on at least a semi-annual basis, according to s...Reuters
Tue, Oct 28
EUR grinds cautiously higher for fifth day – Scotiabank
The Euro (EUR) is grinding slowly but surely higher, with the support of short-term spreads which are maintaining the recent compression in EZ/US short-term yields, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Oct 28
GBP/JPY slips to one-week low as Yen firms on intervention risk and trade optimism
The British Pound (GBP) fell sharply against the Japanese Yen (JPY) on Tuesday as the Yen strengthened across major peers, recovering from recent weakness tied to Japan’s political and fiscal developments.
Fxstreet
Tue, Oct 28
The Bitwise Solana Staking ETF (BSOL) Begins Trading With 0.20% Management Fee; Fee Set to 0% for Three Months on First Billion in Assets
Oct 28 (Reuters) - THE BITWISE SOLANA STAKING ETF (BSOL) BEGINS TRADING WITH 0.20% MANAGEMENT FEE; FEE SET TO 0% FOR THREE MONTHS ON FIRST BILLION IN ASSETSReuters
Tue, Oct 28
Sterling slips as UK's fiscal hole brought into focus
LONDON, Oct 28 (Reuters) - The pound slipped versus the dollar and the euro on Tuesday as the UK's fraught fiscal backdrop was brought into stark focus again, ahead of next week's Bank of England meeting and a closely-watched budget just one month away. Britain's budget watchdog is expec...Reuters
Tue, Oct 28
