News
Important Only
INSTANT VIEW-Trump threatens 'massive increase' in China tariffs
LONDON/NEW YORK, Oct 10 (Reuters) - U.S. President Donald Trump on Friday said he is calculating a massive increase in tariffs on Chinese imports, adding there was no reason to meet with President Xi JinPing in two weeks as planned, triggering a sell-off in the dollar. China this week has tightened ...Reuters
Fri, Oct 10
EUR/USD steadies amid French political turmoil and prolonged US shutdown
The Euro (EUR) is showing signs of stabilization against the US Dollar (USD) on Friday, pausing a four-day losing streak as the Greenback softens. At the time of writing, EUR/USD trades near 1.1621, up around 0.50% on the day, after dipping to a two-month low on Thursday.
Fxstreet
Fri, Oct 10
GBP/USD tumbles to two-month low amid UK fiscal worries and US Dollar strength
GBP/USD retreats toward 1.3280 during Friday’s US session, marking a fresh two-month low. The US Dollar (USD) remains firm, supported by increased safe-haven demand amid political uncertainty in Japan and France.
Fxstreet
Fri, Oct 10
EUR/GBP steady near 0.87 amid French unrest and UK fiscal challenges
The EUR/GBP advanced on Friday but remained shy of the 0.8700 figure after hitting a daily high of 0.8725 earlier during the European session. France political turmoil and a stagnating economy in the UK, could keep the cross-pair trading within familiar levels of 0.8650-0.8750.
Fxstreet
Fri, Oct 10
CANADA FX DEBT-Canadian dollar rebounds from six-month low on jobs gain
Canadian dollar gains 0.2% against the greenbackTouches a six-month low at 1.4034Price of oil decreases 2.6%Canada-U.S. 2-year spread narrows 5.5 basis pointsBy Fergal Smith TORONTO, Oct 10 (Reuters) - The Canadian dollar rose against its U.S. counterpart on Friday as stronger-than-expected domes...Reuters
Fri, Oct 10
FOREX-Yen, euro head for worst weekly loss in a year
Yen hurt by BOJ rate hike uncertainty, political changesEuro declines amid French political turmoil, economic concernsDollar index rises, traders eye US Fed rate cut expectationsBy Karen Brettell and Amanda Cooper NEW YORK, Oct 10 (Reuters) - The yen stabilised on Friday but was headed for its st...Reuters
Fri, Oct 10
Trump boosts Argentina's Milei with $20 billion lifeline as US buys pesos
US Treasury directly buys pesos, Argentine markets riseIMF involved in Washington talks on $20 billion swap lineBessent insists Argentina aid is not a bailout, US won't lose moneyBoost for Trump ally Milei in midterm legislative elections By Rodrigo Campos, David Lawder and Bhargav Acharya Oc...Reuters
Fri, Oct 10
USD/CAD retreats below 1.4000 as strong Canada jobs data boost the Loonie
The Canadian Dollar (CAD) gains traction against the US Dollar (USD) on Friday, snapping a three-day losing streak after upbeat employment figures boosted investor confidence and helped offset recent Greenback strength.
Fxstreet
Fri, Oct 10
FOREX-Yen and euro struggle as Japan and France's political dramas heat up
Takaichi's fiscal policies and BOJ rate hike wagers in focus Verbal support helps yen French political quagmire leaves euro at two-month lowsUS dollar on pace for best week in a year By Amanda Cooper LONDON, Oct 10 (Reuters) - The yen stabilised on Friday but was still headed for its steepest...Reuters
Fri, Oct 10
AUD/USD ticks lower as US Dollar trades firmly, US data eyed
The AUD/USD pair edges lower to near 0.6550 during the late European trading session on Friday. The Aussie pair faces a slight selling pressure as the US Dollar holds onto gains driven by recent political developments in Japan and France.
Fxstreet
Fri, Oct 10
Sterling skids to two-month lows as dollar shines
By Amanda Cooper LONDON, Oct 10 (Reuters) - The pound fell to two-month lows on Friday, set for its biggest weekly fall since a rout in UK bonds in January, largely driven by a resurgent dollar, which has vaulted higher as political crisis unfolded in France and Japan, in particular. Sterling...Reuters
Fri, Oct 10
EUR is a relative outperformer – Scotiabank
The Euro (EUR) is up a marginal 0.1% against the US Dollar (USD) but still outperforming most of the G10 currencies into Friday’s NA open, attempting some stabilization following a period of significant underperformance against the USD with a near-1.5% decline over the past week or so, Scotiabank'sFxstreet
Fri, Oct 10
AUD/USD weakness seems likely – UOB Group
Further Australian Dollar (AUD) weakness seems likely; oversold conditions suggest any decline may not reach 0.6520 today. In the longer run, AUD is expected to continue to decline, likely toward the late-September low, near 0.6520, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Oct 10
CAD remains soft ahead of September employment data – Scotiabank
The Canadian Dollar (CAD) is steady on the session after sliding through 1.40 amid a broader wave of US Dollar (USD) gains over the course of the week so far, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret repFxstreet
Fri, Oct 10
