News
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USD/JPY gathers strength above 153.00 on potential US-China trade deal
The USD/JPY pair extends the rally to around 153.15 during the early Asian session on Monday. The Japanese Yen (JPY) softens against the US Dollar (USD) amid improved risk sentiment as the US and China have agreed on the framework of a potential trade deal.
Fxstreet
Mon, Oct 27
Bessent vows that US won't lose taxpayer money aiding Argentina
US earlier this month bought pesos and finalized $20 bln currency swap frameworkBessent says measures are not a bailoutTreasury gives few details about swap line and peso interventionsBy David Lawder WASHINGTON, Oct 26 (Reuters) - U.S. Treasury Secretary Scott Bessent on Sunday said the U.S. will...Reuters
Sun, Oct 26
Argentines vote in high-stakes test of Milei's libertarian vision
Milei seeing to increase congressional minority in midterm voteSuccess will enable him to continue economic overhaulTrump has conditioned future support on Milei triumphBy Nicolás Misculin and Leila Miller BUENOS AIRES, Oct 26 (Reuters) - Argentines vote on Sunday in legislative elections that w...Reuters
Sun, Oct 26
EUR/USD hovers at 1.1600 as muted CPI data fails to alter Fed stance
EUR/USD is poised to finish the week with losses of 0.21% yet it remains above the 1.16 figure for the third straight day, capped on the upside by key resistance levels after US data might not deter the Fed from cutting rates.
Fxstreet
Fri, Oct 24
CANADA FX DEBT-Canadian dollar ekes out weekly gain despite trade talks breakdown
Canadian dollar weakens 0.1% against greenbackLoonie gains 0.1% for the weekUS cuts off trade talks with CanadaCanadian bonds ease across the curveBy Fergal Smith TORONTO, Oct 24 (Reuters) - The Canadian dollar gave back some of its weekly gain against the U.S. dollar on Friday as trade negotiati...Reuters
Fri, Oct 24
FOREX-US dollar set for modest weekly gain after soft inflation data
By Hannah Lang NEW YORK, Oct 24 (Reuters) - The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. The Consume...Reuters
Fri, Oct 24
CANADA FX DEBT-Canadian dollar slips as collapse of trade talks fuels investor pessimism
Canadian dollar weakens 0.2% against the greenbackLoonie is little changed for the weekUS cuts off trade talks with CanadaCanadian bonds ease across the curveBy Fergal Smith TORONTO, Oct 24 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday as trade negotiations betwe...Reuters
Fri, Oct 24
EUR/GBP jumps to four-week high as BoE dovish bets offset strong UK data
The EUR/GBP advances during the North American session, even though Retail Sales in the UK, exceeded estimates but a softer inflation reading increased the odds for further easing by the Bank of England. The cross trades at 0.8744, up 0.74% as it hits a four-week high.
Fxstreet
Fri, Oct 24
GBP/USD holds steady post-volatile session on UK data, US inflation signals
GBP/USD trades sideways around 1.3325 on Friday at the time of writing, unchanged on the day after a volatile session triggered by multiple economic releases from the United Kingdom (UK) and the United States (US).
Fxstreet
Fri, Oct 24
GBP flat vs. USD with notably muted reaction to retail sales & PMI data – Scotiabank
The Pound Sterling (GBP) is also steady and consolidating in a tight range in the lower 1.33s, holding flat vs. the USD as we head into Friday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Oct 24
FOREX-US dollar nearly flat after dipping on soft inflation
By Hannah Lang and Samuel Indyk NEW YORK/LONDON, Oct 24 (Reuters) - The U.S. dollar was almost flat on Friday after dipping following fresh inflation data that showed that U.S. consumer prices increased less than expected in September, keeping the Federal Reserve on track to cut interest rates ag...Reuters
Fri, Oct 24
EUR/USD advances as soft US CPI bolsters Fed rate-cut bets
The Euro (EUR) strengthens against the US Dollar (USD) on Friday after softer-than-expected US inflation data reinforced expectations that the Federal Reserve (Fed) will continue easing monetary policy following its first rate cut in September.Fxstreet
Fri, Oct 24
USD/CAD holds firm above 1.4000 as US inflation data bolsters Fed easing bets
USD/CAD trades higher around 1.4020 on Friday at the time of writing, up 0.20% on the day, holding firm above the 1.4000 mark despite the pullback following the release of the US Consumer Price Index (CPI).Fxstreet
Fri, Oct 24
Russian central bank cuts key rate by 'symbolic' 50 bps after new US oil sanctions
Cuts interest rate by 50 basis points to 16.5%Governor says the central bank still in easing cycle Raises average rate forecast for 2026 to 13%-15%Raises inflation forecast for 2026 to 4%-5%By Elena Fabrichnaya and Gleb Bryanski MOSCOW, Oct 24 (Reuters) - The Russian central bank cut its interest...Reuters
Fri, Oct 24
FOREX-US dollar lower after consumer prices increase less than expected
By Hannah Lang and Samuel Indyk NEW YORK/LONDON, Oct 24 (Reuters) - The U.S. dollar was lower on Friday after fresh U.S. inflation data showed that U.S. consumer prices increased slightly less than expected in September, keeping the Federal Reserve on track to cut interest rates again next week. ...Reuters
Fri, Oct 24
EUR/CHF steadies as Eurozone PMI improves
The Euro (EUR) steadies against the Swiss Franc (CHF) on Friday as upbeat Eurozone business activity data underpins the single currency. At the time of writing, EUR/CHF trades around 0.9243, rebounding modestly after hitting an 11-month low near 0.9205 earlier this week.
Fxstreet
Fri, Oct 24
