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EUR/GBP holds gains near 0.8700 as traders expect ECB to keep rates unchanged
EUR/GBP extends its gains for the second successive day, trading around 0.8700 during the Asian hours on Friday.
EUR/GBP
Fxstreet
Fri, Oct 10
USD/INR remains sideways as RBI continues to defend Indian Rupee
The Indian Rupee (INR) opens in its two-week-long usual range of against the US Dollar (USD) on Friday. The USD/INR pair continues to wobble near its all-time low border as the Reserve Bank of India (RBI) keeps supporting the Indian Rupee from further depreciation against the US Dollar.
Fxstreet
Fri, Oct 10
EUR/JPY trades below 177.00 after pulling back from all-time highs
EUR/JPY remains subdued for the second successive day, following a retreat after reaching an all-time high of 177.94 in the previous session, trading around 176.90 during the Asian hours on Friday.
EUR/JPY
Fxstreet
Fri, Oct 10
USD/CAD stays above 1.4000 near six-month highs as Oil prices drop
USD/CAD moves little after reaching a six-month high of 1.4033 in the previous session, trading around 1.4020 during the Asian hours on Friday. The pair gained around 0.5% on Thursday as the commodity-linked Canadian Dollar (CAD) faced challenges amid lower crude Oil prices.
USD/CAD
Brent
Fxstreet
Fri, Oct 10
Silver Price Forecast: XAG/USD climbs above $49.50 amid uncertainty, Fed rate cut bets
Silver price (XAG/USD) climbs to around $49.70 during the Asian trading hours on Friday. The white metal holds positive ground after reaching the highest price in four decades, bolstered by safe haven flows, strong industrial demand, and expectations of the US interest rate cut.
Silver
Fxstreet
Fri, Oct 10
Japanese Yen hangs near eight month low against USD amid fiscal concerns and BoJ outlook
The Japanese Yen (JPY) recovers slightly after touching a fresh low since February 13 against a broadly firmer US Dollar (USD) during the Asian session on Friday, though the upside potential seems limited.
USD/JPY
Fxstreet
Fri, Oct 10
Australian Dollar receives support from RBA Bullock’s cautious remarks
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, recovering its recent losses registered in the previous session. The AUD/USD pair gains ground following the cautious remarks from the Reserve Bank of Australia (RBA) Governor Michele Bullock.
AUD/USD
Fxstreet
Fri, Oct 10
NZD/USD recovers to near 0.5750 as US government shutdown continues
The NZD/USD pair recovers some lost ground near 0.5750, snapping the three-day losing streak during the early Asian trading hours on Friday. Ongoing US government shutdown undermines the US Dollar (USD) against the New Zealand Dollar (NZD).
NZD/USD
Fxstreet
Fri, Oct 10
PBOC sets USD/CNY reference rate at 7.1048 vs. 7.1102 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Friday at 7.1048 compared to the previous day's fix of 7.1102 and 7.1329 Reuters estimate.
USD/CNH
Fxstreet
Fri, Oct 10
GBP/USD crashes to 1.3300 as risk-off sentiment drives Greenback gains
GBP/USD accelerated into the bearish side on Thursday, falling nearly eight-tenths of one percent and sending Cable bids into the 1.3300 handle for the first time since early August.
GBP/USD
Fxstreet
Thu, Oct 9
USD/JPY gathers strength above 153.00 on stronger US Dollar
The USD/JPY pair extends the rally to around 153.05 during the early Asian session on Friday, bolstered by a firmer US dollar (USD). The Greenback edges higher to its highest since February against the Japanese Yen (JPY) amid the lack of progress around the US government shutdown.
USD/JPY
Fxstreet
Thu, Oct 9
EUR/USD crashes below 1.16 as political turmoil in France, boost USD
The EUR/USD tumbles below the 1.1600 figure, losing over 0.50% as the US Dollar extended its weekly rally, posting gains of more than 1.70% against a basket of six currencies, the DXY, sponsored by a risk-off mood.
EUR/USD
Fxstreet
Thu, Oct 9
Canadian Dollar tumbles as Greenback resurgence picks up speed
The Canadian Dollar (CAD) shed weight at an accelerating pace on Thursday, falling over one-half of one percent against the US Dollar (USD) amid a broad-market uptick in Greenback demand.
USD/CAD
Fxstreet
Thu, Oct 9
USD/JPY steadies around 153.00 as Yen extends six-day losing streak
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Thursday, extending losses for a sixth consecutive day as risk flows keep the pair supported.
USD/JPY
Fxstreet
Thu, Oct 9
FX Today: The flash U-Mich Consumer Sentiment grabs all the attention
The US Dollar (USD) maintained its constructive tone on Thursday, advancing to two-month highs amid the lack of progress around the US government shutdown and always underpinned by the generalised risk-off sentiment in the FX universe.
EUR/USD
US Dollar Index
Fxstreet
Thu, Oct 9
The Australian Dollar weakens as US Dollar rebounds, focus shifts to RBA Governor speech
The Australian Dollar (AUD) weakens on Thursday, trading at 0.6550 against the US Dollar (USD), down 0.50% at the time of writing. The Aussie gives up its early gains as the Greenback recovers, supported by a rebound in the US Dollar Index (DXY), which hovers near a two-month high around 99.50.
AUD/USD
Fxstreet
Thu, Oct 9
Banxico minutes hint at more rate cuts ahead
Banco de Mexico (Banxico) revealed its minutes of the September 25 meeting, in which the central bank reduced interest rates by 25 basis points to 7.50%, reaching the lowest level since May 2022.
USD/MXN
Fxstreet
Thu, Oct 9
Canadian Dollar slips to six-month low as USD/CAD climbs past 1.4000
The Canadian Dollar (CAD) extends its decline against the US Dollar (USD) on Thursday, with USD/CAD climbing above the 1.4000 psychological mark to reach its highest level since April 10.
USD/CAD
Fxstreet
Thu, Oct 9
GBP/USD falls to two-week low as Dollar momentum strengthens
The GBP/USD tumbles during the North American session as the Greenback reaches a 9-week high as depicted to the US Dollar Index (DXY), hitting 99.39 as hedge funds increase bets on Dollar gains towards the year end, according to a Bloomberg article. The pair trades at 1.3325, down 0.57%.
GBP/USD
Fxstreet
Thu, Oct 9
EUR/USD extends slide below 1.1600 amid French political turmoil and stronger US Dollar
The Euro (EUR) remains under broad selling pressure against the US Dollar (USD) on Thursday, extending losses below the 1.1600 mark as the abrupt resignation of French Prime Minister Sébastien Lecornu sparks caution among investors and dampens appetite for the common currency.
EUR/USD
Fxstreet
Thu, Oct 9
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