News
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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
USD/JPY consolidates near 153.00 with US Inflation, PMIs on focus
The US Dollar holds previous gains, with price action steady, a few pips below the 153.00 line. Investors are biding their time ahead of the releases of September’s US Consumer Prices Index (CPI) data and October’s preliminary S&P Global Purchasing Managers Indexes (PMIs), due later on Friday.Fxstreet
Fri, Oct 24
TRY: Rate cut amid rising inflation risks – Commerzbank
The Turkish central bank (CBT) cut the rate corridor by 100bps yesterday, in line with expectations. However, as before, there are clearly contradictions between CBT’s assessment of inflation risks and these continuing rate cuts.
Fxstreet
Fri, Oct 24
AUD/USD: Expected to trade in a sideways range – UOB Group
AUD could edge higher to 0.6530; it does not appear to have sufficient momentum to reach 0.6555. In the longer run, for the time being, AUD is expected to trade in a sideways range of 0.6445/0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Oct 24
Sterling steady after upbeat data, still set for weekly loss
Sterling set for weekly loss against dollar and euroUpbeat UK retail sales and consumer confidence dataBoE rate cut expectations influenced by inflation dataBy Samuel Indyk LONDON, Oct 24 (Reuters) - The British pound was steady on Friday but still headed for a weekly loss against the dollar and ...Reuters
Fri, Oct 24
CEE MARKETS-FX steadies ahead of US data as trade war risks persist
WARSAW, Oct 24 (Reuters) - Central and Eastern European currencies were largely unchanged on Friday, with investors looking out for core market data later in the day and weighing global geopolitical developments on tariffs.The U.S. dollar was steady, but still on course for a modest weekly gain agai...Reuters
Fri, Oct 24
