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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
Brazil posts wider-than-expected current account deficit in September
BRASILIA, Oct 24 (Reuters) - Brazil's current account deficit reached $9.77 billion in September, wider than the $7.75 billion shortfall forecast by economists in a Reuters poll, central bank figures released on Friday showed. Foreign direct investment (FDI) for the month came in at $10.67 billi...Reuters
Fri, Oct 24
Brazil's Lula open to discussing tariffs, Venezuela with Trump
SAO PAULO, Oct 24 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Friday he is willing to discuss a wide range of topics with U.S. President Donald Trump if a meeting takes place, including tariffs on Brazilian exports and tensions with Venezuela. Speaking in Jakarta before traveli...Reuters
Fri, Oct 24
FOREX-Dollar in holding pattern as markets brace for long-awaited US inflation data
US CPI due to be released on Friday despite government shutdownData unlikely to sway the Fed from cutting rates next weekJapan inflation above BOJ target, keeps rate hike expectations aliveCurrencies muted ahead of Trump-Xi meeting next weekLoonie weakens after Trump says Canada trade talks terminat...Reuters
Fri, Oct 24
NZD/USD Price Forecast: Drifts below 0.5740 ahead of US CPI data release
The New Zealand Dollar pares previous gains and retreats below 0.5740 on Friday, from Weekly highs around 0.5760, with market movement subdued as traders await the release of the US Consumer Price Index later today.The US Dollar is trading within recent ranges against its main peers amid uncertainty
Fxstreet
Fri, Oct 24
Brazil posts wider-than-expected current account deficit in September
BRASILIA, Oct 24 (Reuters) - Brazil's current account deficit reached $9.774 billion in September, wider than the $7.75 shortfall forecast by economists in a Reuters poll, central bank figures released on Friday showed. Foreign direct investment (FDI) for the month came in at $10.671 billion, be...Reuters
Fri, Oct 24
