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USD/JPY: Likely to test 153.00 before a sizeable pullback – UOB Group
There is a chance for US Dollar (USD) to test 153.00 again before a more sustained and sizeable pullback can be expected. In the longer run, further USD strength is likely; the level to watch is 153.80, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
USD consolidates recent gains as markets eye BoC – Scotiabank
This week’s US Dollar (USD) rally is showing signs of exhaustion and movement among most of the G10 currencies is limited as we head into Thursday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
ECB Accounts: No immediate pressure to change policy rates
The accounts of the European Central Bank's (ECB) September policy meeting showed on Thursday that policymakers felt no immediate pressure to change the policy rate, per Reuters.
Pound Sterling falls further against US Dollar, Fed Powell’s speech in focus
The Pound Sterling (GBP) extends its losing streak for the third trading day against the US Dollar (USD) on Thursday. The GBP/USD pair slides to near 1.3365 as the US Dollar Index (DXY) rebounds after a slight corrective move.
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).
Gold retreats from all-time peak as Israel-Hamas peace deal tempers safe-haven demand
Gold (XAU/USD) drifts lower during the Asian session on Thursday and now seems to have snapped a four-day winning streak to a fresh all-time peak, around the $4,059-4,060 area touched the previous day.
Japanese Yen sticks to modest gains; lacks bullish conviction amid BoJ uncertainty
The Japanese Yen (JPY) sticks to modest intraday gains through the Asian session on Thursday, though the uptick lacks bullish conviction amid concerns about the fiscal outlook in Japan.
Australian Dollar remains stronger as Consumer Inflation Expectations rise in October
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session.
USD/CAD holds losses below 1.3950 as Fed policymakers lean toward dovish stance
USD/CAD loses ground after two days of gains, trading around 1.3940 during the Asian hours on Thursday.
Indonesia Consumer Confidence dipped from previous 117.2 to 115 in September
Indonesia Consumer Confidence dipped from previous 117.2 to 115 in September
WTI declines to near $61.50 on EIA crude oil inventories surge
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.70 during the Asian trading hours on Thursday. The WTI edges lower amid a larger-than-expected crude inventory build.
US Dollar Index drifts lower below 99.00 as US government shutdown continues
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.75 during the Asian trading hours on Thursday. The DXY edges lower amid US government shutdown concerns.
China's Commerce Ministry says will tighten rules on rare earths exports
China's Commerce Ministry said on Thursday that the country will tighten rules on rare earth exports. Foreign businesses and individuals must obtain a dual-use items export license for rare earth exports.
PBOC sets USD/CNY reference rate at 7.1102 vs. 7.1055 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1102 compared to 7.1055 before the long holiday and 7.1484 Reuters estimate.
GBP/USD posts modest gains above 1.3400 amid ongoing US government shutdown
The GBP/USD pair posts modest gains near 1.3405, snapping the two-day losing streak during the early Asian session on Thursday. The US Dollar (USD) softens against the Pound Sterling (GBP) amid concerns over a prolonged US government shutdown.
Australia Consumer Inflation Expectations up to 4.8% in October from previous 4.7%
Australia Consumer Inflation Expectations up to 4.8% in October from previous 4.7%
United Kingdom RICS Housing Price Balance came in at -15%, above forecasts (-18%) in September
United Kingdom RICS Housing Price Balance came in at -15%, above forecasts (-18%) in September
Gold Price Forecast: XAU/USD holds gains above $4,000 on concerns over US government shutdown
Gold price (XAU/USD) holds positive ground near $4,010 after retreating from a fresh record high of $4,059 in the previous session during the early Asian session on Thursday. Broader geopolitical and economic uncertainty firmed traders' demand for the safe-haven asset.
Japan Foreign Investment in Japan Stocks increased to ¥2479.9B in October 3 from previous ¥-963.3B
Japan Foreign Investment in Japan Stocks increased to ¥2479.9B in October 3 from previous ¥-963.3B
US President Donald Trump says Israel and Hamas both sign off on first phase of Gaza peace plan
US President Donald Trump has announced that Israel and Hamas have both signed off on the first phase of peace plan, BBC reported late Wednesday.
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