News
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Northern Trust Q3 profit tops estimates on better expense management
OverviewNorthern Trust Q3 revenue of $2.03 bln beats analyst expectationsEPS for Q3 at $2.29, surpassing analyst estimatesNet income for Q3 was $457.6 mln, slightly down from last yearOutlookNorthern Trust did not provide specific future guidance in the press releaseResult DriversTRUST FEES - Growth...Reuters
Wed, Oct 22
USD/JPY to test 152.25 before the risk of a pullback increase – UOB Group
There is scope for US Dollar (USD) to test 152.25 before the risk of a pullback increases. In the longer run, outlook is mixed; USD could trade between 150.00 and 153.00 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 22
NZD/USD: Likely to trade in a range of 0.5720/0.5760 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range of 0.5720/0.5760. In the longer run, the outlook for NZD is neutral now, and it is likely to trade in a range between 0.5685 and 0.5770, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Oct 22
USD/JPY consolidates near 152 – BBH
USD/JPY is consolidating just under yesterday’s intra-day high of 152.17. Japan’s top trio - Prime Minister Takaichi, Finance Minister Katayama, and Economy Minister Kiuchi – all stressed the Bank of Japan’s (BOJ) independence, BBH FX analysts report, BBH FX analysts report.Fxstreet
Wed, Oct 22
AUD/USD: Likely to trade in a range between 0.6470 and 0.651 – UOB Group
Australian Dollar (AUD) is likely to trade in a range between 0.6470 and 0.6515. 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
Wed, Oct 22
Sterling falls after UK inflation unexpectedly holds steady
Sterling falls 0.4% against dollar and euroBoE rate cut probability rises to 75% for DecemberDifficult budget looms By Samuel Indyk LONDON, Oct 22 (Reuters) - The British pound dipped against the dollar and the euro on Wednesday, after the annual rate of Britain's consumer price inflation une...Reuters
Wed, Oct 22
ROI-US cementing higher inflation regime: Mike Dolan
By Mike Dolan LONDON, Oct 22 (Reuters) - With the exception of goldbugs, almost everyone seems to have abandoned their inflation worries. The Federal Reserve is easing again, Wall Street stocks and bonds are rising in tandem, and even the bruised dollar has perked up a bit. The Fed's strict 2...Reuters
Wed, Oct 22
Swiss National Bank expects slight increase in inflation
ZURICH, Oct 22 (Reuters) - Swiss inflation is likely to rise slightly in the coming quarters, Swiss National Bank Chairman Martin Schlegel said on Wednesday, with economic indicators pointing to stable situation with moderate growth."Uncertainty remains high. With the announced but currently sus...Reuters
Wed, Oct 22
USD/CHF consolidates above 0.7980 with markets looking for direction
The US Dollar consolidates Tuesday’s gains and remains trading within a narrow range above 0.7950, after bouncing from the 0.7910 area on Tuesday. Investors, however, are showing a cautious mood, awaiting US CPI data later this week and next week’s Fed monetary policy decision.
Fxstreet
Wed, Oct 22
UK inflation holds at 3.8% in surprise boost for Reeves and BoE
CPI holds at +3.8% in September Bank of England and Reuters poll had pointed to +4.0%Services inflation also unexpectedly holds steadySterling weakens, investors bring forward rate cut betsBy William Schomberg and Suban Abdulla LONDON, Oct 22 (Reuters) - British inflation unexpectedly held steady...Reuters
Wed, Oct 22
AUD/USD rises slightly above 0.6500 amid risk-on market mood
The AUD/USD pair gains slightly above 0.6500 during the European trading session on Wednesday. The Aussie pair attracts bids as the Australian Dollar (AUD) outperforms its peers amid an increase in the demand for risky assets.Fxstreet
Wed, Oct 22
FOREX-Dollar pauses after three-day rally, pound slips as inflation holds steady
Pound falls as UK inflation below forecastsDollar steadies after three-day rallyYen rises slightly, eyes on BoJBy Samuel Indyk and Gregor Stuart Hunter LONDON/SINGAPORE, Oct 22 (Reuters) - The U.S. dollar was flat against a basket of currencies on Wednesday, pausing after a three-day rise, while ...Reuters
Wed, Oct 22
EUR/JPY Price Forecast: Targets 176.00 support near nine-day EMA
EUR/JPY dips slightly after posting strong gains in the previous session, trading around 176.10 during the European hours on Wednesday. The technical analysis of the daily chart indicates a prevailing bullish bias as the currency cross remains within the ascending channel pattern.
Fxstreet
Wed, Oct 22
