News
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Zambia says third party expressed interest in taking on Afreximbank debts
LUSAKA, Oct 27 (Reuters) - Zambia's treasury secretary said on Monday a third party had "expressed interest to subrogate" the country's debt to the African Export-Import Bank (Afreximbank). A dispute over whether the country must restructure debts to Afreximbank have complicated - an...Reuters
Mon, Oct 27
EUR/CHF steadies after bullish gap with focus on ECB interest rate decision
The EUR/CHF cross opened the week with a mild bullish gap on Monday but failed to extend gains, settling into a sideways pattern. At the time of writing, EUR/CHF trades near 0.9264, its highest level since October 17th, after briefly sliding to an 11-month low around 0.9205 last week.
Fxstreet
Mon, Oct 27
USD/JPY drifts lower, nearing 152.50 as Fin. Min. Katayama speaks
US Dollar rally has been capped at the 153.30 area earlier on Monday, the same area as in early October, and the pair trimmed gains to reach intra-day lows at 152.60 as Japan’s Finance Minister Satsuki Katayama spoke to the press, following a meeting with US Treasury Secretary Scott Bessent.
Fxstreet
Mon, Oct 27
Silver Price Forecast: XAG/USD hits fresh lows near $47.30 on risk appetite
Silver (XAG/USD) extends losses on Monday amid a positive market sentiment, following upbeat reports regarding a potential China-US trade deal. The white metal’s reversal from mid-October highs above $54.00 is approaching the $47.00 level.
Fxstreet
Mon, Oct 27
RPT-FOREX-Dollar softens amid trade optimism, central bank watch, offshore yuan jumps
Fed’s possible decision on quantitative tightening in focusAny hawkish guidance from the Bank of Japan could move the yenTrump says he expects a trade deal with ChinaThe yuan climbs to its strongest level in nearly six weeksBy Stefano Rebaudo Oct 27 (Reuters) - The U.S. dollar snapped a six-day r...Reuters
Mon, Oct 27
QUOTES-Investor reaction to Milei's victory in Argentina midterm congressional vote
NEW YORK/LONDON, Oct 27 (Reuters) - Argentina's President Javier Milei won a surprise victory in legislative elections on Sunday, boosting the libertarian leader's free-market reforms and deep austerity efforts.The president's party, La Libertad Avanza, took 41.5% of the vote in Buen...Reuters
Mon, Oct 27
AUD/USD surges to near 0.6560 on US-China trade deal optimism
The AUD/USD pair is up 0.65% to near 0.6560 during the late European trading session on Monday. The Aussie pair strengthens as the appeal of antipodeans has increased on hopes that the United States (US) and China will reach a trade deal soon.
Fxstreet
Mon, Oct 27
EUR/JPY stabilizes below 178.00 as Yen weakens on fiscal stimulus outlook
EUR/JPY stabilizes on Monday, trading around 177.75 after setting a new multi-year high at 178.15 earlier in the day. The pair remains broadly capped near the psychological 178.00 level, an area tested repeatedly since early October.
Fxstreet
Mon, Oct 27
Sterling snaps three-day falling streak against euro, up vs dollar
By Stefano Rebaudo Oct 27 (Reuters) - Sterling was set to snap a three-session losing streak against the euro on Monday, as investors paused ahead of a week crowded with central bank policy decisions.Last week’s UK inflation data prompted markets to increase bets on Bank of England rate cuts, whi...Reuters
Mon, Oct 27
USD/JPY is trading in a higher range of 152.40/153.30 – UOB Group
Firmed underlying tone is likely to lead to US Dollar (USD) trading in a higher range of 152.40/153.30. In the longer run, upward momentum is starting to build, but for a continued advance, USD must first close above 153.00, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Oct 27
Argentina's dollar bonds surge after Milei victory
LONDON, Oct 27 (Reuters) - Argentina's dollar bonds were quoted 10-12 points higher, investors said on Monday, after a surprise victory for President Javier Milei and allies in weekend election. Official results in Argentina's Sunday legislative elections show voters strongly backed Milei...Reuters
Mon, Oct 27
EUR/GBP drifts further, approaching 0.8700 amid a firm Pound
The Euro is pulling back from Friday’s gains, right above 0.8740, reaching session lows below 0.8720. The upbeat German Sentiment Index has failed to provide any significant support for the pair, as the Pound continues to draw support from the strong UK data released on Friday.
Fxstreet
Mon, Oct 27
Keurig Dr Pepper Q3 profit beats on volume growth
OverviewKeurig Dr Pepper Q3 revenue grows 10.7%, beating analyst expectationsAdjusted EPS for Q3 beats consensus, reaffirming full-year EPS guidanceCompany raises 2025 constant currency net sales outlook to high-single-digit growthOutlookKeurig Dr Pepper raises 2025 net sales growth outlook to high-...Reuters
Mon, Oct 27
EUR/GBP declines as BoE and ECB divergence, French political risks weigh
EUR/GBP retreats on Monday, ending a three-day winning streak, and trades around 0.8725 at the time of writing, down 0.15% for the day. The pair remains just below the 0.8750 resistance area, a one-month high reached on Friday.Fxstreet
Mon, Oct 27
Still in a 'good place'? Five questions for the ECB
ECB to stay on hold again on ThursdayInflation, growth risks still uncertain as tariff impact awaitedMarkets unsure whether the ECB will cut next yearBy Yoruk Bahceli and Stefano Rebaudo LONDON/MILAN, Oct 27 (Reuters) - The European Central Bank will likely keep rates on hold again on Thursday as...Reuters
Mon, Oct 27
RPT-ROI-Bringing it all back home - a global capital retreat? -Mike Dolan
By Mike Dolan LONDON, Oct 27 (Reuters) - If world trade and politics are being balkanized, investment flows may not be far behind. The implications of a mass repatriation of global capital are squarely on the radar for many investors.For investors, contemplating a reversal of globalization is no ...Reuters
Mon, Oct 27
