News
Important Only
FOREX-Dollar reaches two-month highs as euro, yen hit by political turmoil
By Joice Alves LONDON, Oct 9 (Reuters) - The dollar rose on Thursday, adding to a strong run this week, helped by a weakening euro beset by a political crisis in Paris and a struggling yen amid a change of guard in Japan's ruling party. Markets this week have also grappled with a lengthening ...Reuters
Thu, Oct 9
NZD/USD Price Forecast: Continues to underperform on RBNZ’s dovish policy
The NZD/USD pair trader 0.25% lower to near 0.5770 during the late European trading session on Thursday. The Kiwi pair faces selling pressure as the New Zealand Dollar (NZD) continues to underperform, following the monetary policy announcement by the Reserve Bank of New Zealand (RBNZ).
Fxstreet
Thu, Oct 9
Brazil's Lula says US Rubio has called Brazilian counterpart
SAO PAULO, Oct 9 (Reuters) - Brazilian President Luiz Inacio Lula da Silva said on Thursday that United States States Secretary Marco Rubio called the Brazilian Foreign Minister Mauro Vieira on Wednesday following a call between Lula and President Donald Trump about tariffs.In an interview with loca...Reuters
Thu, Oct 9
USD/CHF Price Forecast: Refreshes monthly high near 0.8040
The USD/CHF pair posts a fresh monthly high near 0.8040 during the European trading session on Thursday. The Swiss Franc pair trades firmly as the US Dollar (USD) trades close to its two-month high ahead of the speech from Federal Reserve’s (Fed) Chair Jerome Powell at 12:30 GMT.
Fxstreet
Thu, Oct 9
NZD/USD: Likely to range-trade between 0.5760 and 0.5805 – UOB Group
New Zealand Dollar (NZD) is likely to range-trade between 0.5760 and 0.5805. In the longer run, outlook for NZD has shifted to negative; the level to watch is 0.5690, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 9
AUD/USD: Likely to trade between 0.6570 and 0.6605 – UOB Group
The current price movements are likely part of a sideways trading phase between 0.6570 and 0.6605. In the longer run, the odds of AUD breaking below 0.6555 are increasing, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Oct 9
PepsiCo Q3 profit beats estimates, says CFO to retire
OverviewPepsiCo Q3 2025 net revenue grew 2.6%, reflecting resilience in international businessCore EPS for Q3 2025 beat analyst expectations, reaching $2.29Co names Steve Schmitt CFO replacing Jamie Caulfield Company affirms 2025 guidance, expects low-single-digit organic revenue growthOutlookPepsi...Reuters
Thu, Oct 9
RPT-COLUMN-$600 trillion of wealth rests on productivity or inflation burst: Mike Dolan
By Mike Dolan LONDON, Oct 9 (Reuters) - Global wealth accumulation this century has far outstripped economic growth, and the performance of that $600 trillion of savings over the next decade rests heavily on how the gap is closed - a productivity boost or sustained inflation.Financial markets ha...Reuters
Thu, Oct 9
Economic Adviser to Japan's Takaichi: BoJ should be careful about raising interest rates
Etsuro Honda, an economic adviser to Japan’s ruling Liberal Democratic Party (LDP) newly elected leader Sanae Takaichi, warned on Thursday that “ the Bank of Japan (BoJ) should be careful about raising interest rates.”Fxstreet
Thu, Oct 9
Congo to start building gold reserves as price surges, central bank governor says
Newly appointed central banker aims to build gold reservesDR Congo did not hold gold reserves despite large depositsGold prices scale record highs above $4,000 per ounce By Duncan Miriri and Sonia Rolley NAIROBI, Oct 9 (Reuters) - The Democratic Republic of Congo will start building gold reserves...Reuters
Thu, Oct 9
Takaichi adviser calls for caution over BOJ interest rate hikes
TOKYO, Oct 9 (Reuters) - The Bank of Japan should be cautious about raising interest rates further as Japan's gradual return to an inflationary mindset could be disrupted by any premature tightening, said Etsuro Honda, a close economic adviser to Sanae Takaichi, who is likely to become the count...Reuters
Thu, Oct 9
EMERGING MARKETS-Polish zloty slips after unexpected rate cut, broader EM FX down
EM stocks up 0.2%, FX down 0.17%Polish central bank delivers a surprise quarter point cutRomania's cenbank leaves interest rates unchangedIsraeli dollar bonds rally on Gaza ceasefireBy Nikhil Sharma Oct 9 (Reuters) - Emerging Market currencies came under pressure on Thursday, with the Polish ...Reuters
Thu, Oct 9
GBP/USD: Downside bias toward 1.3325 remains intact – UOB Group
Pound Sterling (GBP) is likely to range-trade between 1.3365 and 1.3430. In the longer run, there has been no marked increase in downward momentum, but the downside bias toward 1.3325 remains intact, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Oct 9
EUR/USD: Risks relating to government debt are increasing – Commerzbank
In recent weeks, the foreign exchange market has turned its attention to the sustainability of G10 countries' debt. France is once again in the spotlight, as yet another prime minister has fallen victim to the challenging budgetary situation.
Fxstreet
Thu, Oct 9
