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EMERGING MARKETS-EM stocks slip, FX down on stronger dollar; Polish rate verdict in focus
EM stocks down 0.56%, FX down 0.28%Polish rate decision at 1200 GMTHungary's September inflation stable at 4.3% y/y, below forecastCzech jobless rate steady at 4.5% in SeptemberCzech retail sales rise 3.5% y/y in AugustBy Nikhil Sharma Oct 8 (Reuters) - Emerging market stocks and currencies f...Reuters
14 minutes ago
AUD/USD slides further to near 0.6560 as US Dollar extends rally
The AUD/USD pair trades 0.2% lower to near 0.6560 during the European trading session on Wednesday. The Aussie pair extends its Tuesday’s downside move as the US Dollar (USD) continues to outperforms its peers, following political developments in Japan and France.
Fxstreet
an hour ago
FOREX-Euro, yen slide for third straight day versus US dollar on political jitters
Dollar gains against euro, yen on political developmentsSpot gold breaks $4,000 as safe havens find buyersAnalysts question the pricing of the Fed easing pathKiwi dollar tumbles as RBNZ surprises with 50 basis point cutBy Stefano Rebaudo and Gregor Stuart Hunter Oct 8 (Reuters) - The euro and the...Reuters
2 hours ago
Silver Price Forecast: XAG/USD jumps to 14-year high above $48.50 amid Fed cut bets and US turmoil
Silver price (XAG/USD) rises to around $48.65 during the early European trading hours on Wednesday. The white metal edges higher to near the 14-year high amid mounting expectations of Federal Reserve (Fed) rate cuts and the ongoing US government shutdown.
Fxstreet
3 hours ago
COLUMN-Europe's ageing burden far less than US or China: Mike Dolan
By Mike DolanLONDON, Oct 8 (Reuters) - Graying Europe has long been considered an outlier in global demographics - but the rising cost to its governments in terms of bills for pensions and healthcare are more manageable than assumed and less than in rival economies in America and China.In a detailed...Reuters
4 hours ago
FOREX-Dollar breaks out as yen weakens, kiwi tumbles on RBNZ
Dollar gains against euro, yen on political developmentsKiwi dollar tumbles as RBNZ surprises with 50 basis point cutSpot gold breaks $4,000 as safe havens find buyersBy Gregor Stuart Hunter SINGAPORE, Oct 8 (Reuters) - The U.S. dollar surged to its strongest level against the yen in almost eight...Reuters
4 hours ago
NZD/USD Price Forecast: Extends dovish RBNZ-inspired fall below mid-0.5700s, six-month low
The NZD/USD pair extends the previous day's sharp retracement slide from levels just above mid-0.5800s, or a nearly two-week high, and attracts heavy selling for the second straight day on Wednesday.Fxstreet
4 hours ago
GBP/USD loses momentum below 1.3400, BoE Pill's speech and FOMC Minutes in focus
The GBP/USD pair loses ground near 1.3390 during the early European session on Wednesday. The Pound Sterling (GBP) edges lower against the Greenback amid rising expectations that the Bank of England (BoE) will cut interest rates one more time in the remainder of the year.Fxstreet
4 hours ago
USD/CHF revisits monthly high slightly above 0.8000 as US Dollar trades firmly
The USD/CHF pair revisits the monthly high around 0.8010 during the Asian trading session on Wednesday. The Swiss Franc pair strengthens as the US Dollar (USD) extends its upside despite the United States (US) government shutdown entering its second week.
Fxstreet
5 hours ago
New Zealand delivers jolt to frail economy with 50-bp rate cut, flags more easing
RBNZ cuts benchmark rate by an aggressive 50bps, signals more to comeNZ dollar and interest rate swaps tumble post-rate cutRBNZ's larger cut comes as economy struggles despite previous raft of cutsNZ Prime Minister Luxon has supported lower cash rate amid economic challengesRBNZ sees inflation r...Reuters
5 hours ago
