Search
News
British Pound clings to 1.3300 as UK inflation test threatens recovery
The Pound Sterling holds steady against the US Dollar at the start of the week, yet the ongoing downtrend is poised to continue unless this week’s UK inflation data reflects elevated energy prices due to the US-Iran conflict. The GBP/USD holds above 1.3300, up 0.07%.
Fxstreet
Mon, Oct 19
Turkish Lira: Policy pause and MSCI risk weigh – Societe Generale
Societe Generale strategists report expectations that Central Bank of the Republic of Türkiye (CBRT) will hold rates at 37% on Thursday versus consensus for a 100bp cut to 36%. They cite softer growth and liquidity strains versus sticky inflation expectations as reasons for caution. They flag Governor comments on allowing Lira weakness, limited inflation pass-through, and new MSCI-related equity market risks alongside a sharp Borsa Istanbul 100 decline.
Fxstreet
Mon, Oct 19
Euro remains on the back foot as France unrest dents sentiment
The Euro (EUR) trades on the back foot on Monday as political concerns in France weigh on the currency, helping the US Dollar (USD) pause last week’s correction. At the time of writing, EUR/USD trades around 1.1215, down 0.21% on the day.Fxstreet
Mon, Oct 19
Indian Rupee: Intervention concerns shape outlook – Societe Generale
Societe Generale strategists note USD/INR remains below 95 in Asia after a 1.9% rally last week, supported by Reserve Bank of India (RBI) measures for Oil importers and speculation curbs. They highlight reported US Dollar (USD) selling by state-run banks and warns RBI’s direct supply to Oil companies could be constrained. FX reserves have dropped sharply and Indian Rupee (INR) shorts in the Reuters poll are at multi‑month highs.Fxstreet
Mon, Oct 19
British Pound hits one-month high against Japanese Yen
GBP/JPY edges higher on Monday, extending its advance for a third consecutive day as the British Pound (GBP) benefits from weakness in the Euro (EUR), while the Japanese Yen (JPY) struggles against most of its major peers despite hawkish signals from the Bank of Japan (BoJ).
Fxstreet
Mon, Oct 19
New Zealand Dollar extends winning streak against US Dollar, NZ Q3 CPI data in focus
The New Zealand Dollar (NZD) extends its winning streak against the US Dollar (USD) for the third trading day on Monday. The Kiwi pair jumps to near 0.5670 as the New Zealand Dollar outperforms amid strong demand for antipodeans.
Fxstreet
Mon, Oct 19
Japanese Yen: Mild upside bias against US Dollar within range - UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann observe that USD/JPY held within 157.67–158.33 on Friday, closing almost unchanged at 157.99. Short-term momentum is tilting lower, with scope to test 157.50, though a decisive break below that level is not expected.Fxstreet
Mon, Oct 19
Euro: French risks cap upside against US Dollar – ING
ING’s Francesco Pesole says EUR/USD is modestly undervalued versus short-term fair value around 1.137–1.139, but ongoing French fiscal concerns and protests may limit gains. He sees risks as balanced, with downside from France and upside from further AI-related pressure on Fed expectations, and keeps a one-month EUR/USD target at 1.130.Fxstreet
Mon, Oct 19
Featured Tools
Top News
US Stocks Close: Dow Rises Over 500 Points Amid Mixed News on US-Iran Talks; Some Tech Stocks Rebound, Meta Falls for Fifth Day
Tesla Q3 Earnings Preview: Can Auto Margins Stabilize? Wall Street’s Highest Price Target at $550
US Memory Sector Slides Again Pre-Market as Micron, SanDisk, Western Digital Erase Monday Gains
Today’s Market Recap: U.S. Stocks Rebound as Nasdaq Gains 1.11%, Memory Chip Stocks Rally, SanDisk Jumps 5.5%
Apple Retreats Below $340 After Surge: Can First Touchscreen MacBook Pro Help Stock Reach New Highs?
