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Sterling edges up, dollar hobbled by US shutdown
By Amanda Cooper LONDON, Oct 1 (Reuters) - The pound rose against the dollar on Wednesday, as the U.S. currency came under broad pressure after the government in Washington DC shut down over funding to add to investor caution around U.S. assets.The shutdown carries the risk of delaying key econom...Reuters
Wed, Oct 1
EMERGING MARKETS-EM stocks open quarter on firm footing as investors see beyond US shutdown
EM stocks up 0.45%, FX steady Polish PMI rises to 48.0 in September Hungary's PMI rises in SeptemberCzech factory activity shrinks for third month By Nikhil Sharma Oct 1 (Reuters) - Emerging market stocks kick-started the new quarter on a firm note on Wednesday, as investors looked past the ...Reuters
Wed, Oct 1
USD/CAD stays above 1.3900 due to lower Oil prices
USD/CAD moves sideways after registering gains in the previous session, hovering around 1.3920 at the time of writing during the European hours on Wednesday. The USD/CAD pair may appreciate as the commodity-linked Canadian Dollar (CAD) could face challenges amid declining Crude Oil prices.
Fxstreet
Wed, Oct 1
ECB backs fewer bank buffers, simpler rules for small lenders, de Guindos says
FRANKFURT, Oct 1 (Reuters) - The European Central Bank will propose reducing the number of capital buffers that banks have to hold and introducing simpler rules for smaller lenders, the ECB's vice-president Luis de Guindos said on Wednesday.De Guindos is leading the ECB's efforts to ease rul...Reuters
Wed, Oct 1
EUR/GBP eyes range breakout as momentum builds – Société Générale
EUR/GBP is testing the top of its multi-month range, with momentum still tilted higher. Holding above the 50-DMA at 0.8670 would keep the uptrend intact, targeting 0.8765 and potentially 0.8810/0.8825, Société Générale's FX analysts note.
Fxstreet
Wed, Oct 1
GBP/JPY Price Forecast: The Pound dives further, approaching 198.00
The British Pound keeps heading lower on Wednesday against a firmer Japanese Yen, and is on track for a more than 1% depreciation in the last three days, following a reversal from the 200.00 level, and is about to test a key support area at 198.00
Fxstreet
Wed, Oct 1
FOREX-Dollar eases to week low as US government shutdown raises uncertainty
US government funding expired at 0400 GMT on WednesdayShutdown may delay key monthly jobs reportYen gets biggest boostBy Amanda Cooper LONDON, Oct 1 (Reuters) - The dollar sank to a one-week low against major currencies on Wednesday as a U.S. government shutdown unsettled markets and threatened t...Reuters
Wed, Oct 1
Pound Sterling refreshes weekly high against weakened US Dollar amid government shutdown
The Pound Sterling (GBP) posts a fresh weekly high near 1.3480 against the US Dollar (USD) during the European trading session on Wednesday. The GBP/USD pair edges higher as the US Dollar underperforms its peers, with the United States (US) government entering a shutdown.Fxstreet
Wed, Oct 1
NZD/USD Price Forecast: Tests nine-day EMA after breaking above 0.5800
NZD/USD extends its gains for the second successive session, trading around 0.5810 during the European hours on Wednesday. The technical analysis of the daily chart indicates a weaker short-term price momentum as the pair remains below the nine-day Exponential Moving Average (EMA).
Fxstreet
Wed, Oct 1
