News
Important Only
China's actions are a complete repudiation of US-China agreements, USTR's Greer says
WASHINGTON, Oct 15 (Reuters) - U.S. Trade Representative Jamieson Greer on Wednesday described China's major expansion of its rare earths export controls as a complete repudiation of U.S.-Chinese trade agreements over the past six months.Greer told a news conference that China's export restr...Reuters
Wed, Oct 15
JPY extending Friday’s bullish reversal – Scotiabank
The Japanese Yen (JPY) is up 0.3% against the US Dollar (USD) and a relative performer among the G10, extending Friday’s bullish outside reversal with an impressive recovery from its 8 month lows, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 15
GBP a mid-performer on broader USD – Scotiabank
The Pound Sterling (GBP) is up 0.2% against the US Dollar (USD) and a mid-performer among the G10, its gains reflecting a weaker USD rather than any improvement in the UK’s domestic situation, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 15
EUR up modestly but lagging most G10 currencies – Scotiabank
The Euro (EUR) is up a modest 0.2% against the US Dollar (USD) but lagging most of the G10 currencies in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Oct 15
USD/JPY may edge lower and test 151.20 – UOB Group
US Dollar (USD) may edge lower and test 151.20; a continued decline below this level is unlikely. In the longer run, the current price movements are likely the early stages of a 149.50/153.00 range-trading phase, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Oct 15
Thumzup Media Corporation Explores Dogecoin Integration To Bring Rewards To Millions Of Dogecoin Users
Oct 15 (Reuters) - Thumzup Media Corp TZUP.O:THUMZUP MEDIA CORPORATION EXPLORES DOGECOIN INTEGRATION TO BRING REWARDS TO MILLIONS OF DOGECOIN USERSTHUMZUP MEDIA CORP: ACTIVELY EXPLORING & DEVELOPING INTEGRATION OF DOGECOIN AS ALTERNATE PAYOUT MECHANISM FOR USERS OF ITS THUMZUP APPReuters
Wed, Oct 15
EUR/JPY declines as Yen strengthens on trade tensions, Eurozone political uncertainty
EUR/JPY trades lower around 176.00, down 0.13% for the day at the time of writing on Wednesday, as safe-haven flows continue to boost the Japanese Yen (JPY). The currency benefits from defensive demand amid escalating geopolitical tensions and persistent political instability in Europe.
Fxstreet
Wed, Oct 15
GBP/JPY Price Forecast: Pound returns above 202.00 on risk-on markets
The British Pound is posting moderate gains on Wednesday, as a mild appetite for risk and ongoing political uncertainty in Japan weigh on the Japanese Yen. The Pair has returned beyond the 202.00 level, after bouncing from 201.35 lows on Tuesday.
Fxstreet
Wed, Oct 15
NZD/USD: Chance for NZD to test 0.5660 – UOB Group
New Zealand Dollar (NZD) is likely to range-trade between 0.5690 and 0.5730. In the longer run, there is a chance for NZD to test 0.5660 before the risk of a stronger recovery increases, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Oct 15
FOREX-Dollar slips as traders focus on Fed cut bets, risk sentiment improves
Fed's Powell says US shutdown has not yet clouded economic pictureMarkets pricing in Fed rate cuts for both October and December Beijing sets strongest yuan fix in 11 months despite trade spatBy Kevin Buckland and Lucy Raitano TOKYO/LONDON, Oct 15 (Reuters) - The U.S. dollar slipped against a...Reuters
Wed, Oct 15
AUD/USD: Chance for AUD to test 0.6440 – UOB Group
Australian Dollar (AUD) is likely to range-trade between 0.6460 and 0.6520. In the longer run, further declines in AUD still appear likely; the next level to watch is 0.6440, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Oct 15
Norway proposes widening EV tax to include mass-market Tesla models
Norway plans to phase out EV tax exemptions by 2027Finance Minister Stoltenberg cites achievement of EV sales goalParliamentary negotiations needed for budget's approvalPro-EV lobby group wants staggered phase-outBy Terje Solsvik and Nora Buli OSLO, Oct 15 (Reuters) - Norway plans to eliminat...Reuters
Wed, Oct 15
INDIA RUPEE-Rupee climbs the most in four months on firm central bank intervention
By Jaspreet Kalra MUMBAI, Oct 15 (Reuters) - The Indian rupee soared to post its best one-day gain in nearly four months on Wednesday, powered by firm central bank intervention supporting the currency while traders also cited unwinding of bearish wagers on the currency. The rupee INR=IN closed at...Reuters
Wed, Oct 15
Sterling strengthens against weaker dollar, Reeves' budget plans in focus
LONDON, Oct 15 (Reuters) - The pound firmed against a broadly weaker dollar on Wednesday, as Britain's finance minister Rachel Reeves confirmed tax rises and spending cuts are on the horizon, and market focus stays on the Bank of England's rate path.The pound was up 0.2% against the dollar G...Reuters
Wed, Oct 15
Kremlin rejects Trump's assertion that BRICS targets the dollar
MOSCOW, Oct 15 (Reuters) - The Kremlin said on Wednesday that the BRICS group of nations has never targeted third countries or their currencies, rejecting U.S. President Donald Trump's assertion that the bloc was designed to undermine the dollar.Trump on Tuesday described BRICS as "an attack...Reuters
Wed, Oct 15
