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British Pound catches bid as Fed’s Waller eyes a pause in October
The Pound Sterling (GBP) advances about 0.14% on Thursday as the US Dollar (USD) weakens despite positive US jobs data, but dovish comments by Federal Reserve (Fed) Governor Christopher Waller weighed on the Greenback. At the time of writing, GBP/USD trades at 1.3230 after bottoming at 1.3184.
United States 4-Week Bill Auction rose from previous 3.89%Â to 3.98%
United States 4-Week Bill Auction rose from previous 3.89%Â to 3.98%
Silver Price Forecast: XAG/USD slides below $60 as sellers retain control
Silver (XAG/USD) remains under pressure on Thursday even as the US Dollar (USD) and US Treasury yields ease. Sellers remain in control after a break below the $60 psychological mark, with the Relative Strength Index (RSI) drifting toward oversold territory.
Mexican Peso: Watching support for reversal signal against US Dollar – Societe Generale
Societe Generale analysts report USD/MXN has extended its rebound after reclaiming the 200-day moving average near 17.40 and posting an interim high around 18.43. A brief pullback is underway, with attention on whether a base forms for a more durable reversal. First support at 17.68 and the 200-DMA at 17.40 are key downside levels to monitor.
United States EIA Natural Gas Storage Change came in at 85B, above expectations (79B) in October 2
United States EIA Natural Gas Storage Change came in at 85B, above expectations (79B) in October 2
Euro steadies as US yields retreat, traders assess Fed and ECB signals
EUR/USD rebounds during American trading hours on Thursday as a pullback in US Treasury yields tempers the US Dollar’s (USD) momentum. However, France’s fiscal concerns and broader US Dollar strength keep the Euro (EUR) pinned near the 17-month low touched earlier this week.
Germany: Gradual recovery with energy risks – Deutsche Bank
Deutsche Bank Research’s Germany Blog analyses August hard data, highlighting volatile one-offs in construction and manufacturing but more encouraging fundamentals.
United States Wholesale Inventories registered at 0.5%, below expectations (0.7%) in August
United States Wholesale Inventories registered at 0.5%, below expectations (0.7%) in August
Canadian Dollar: Consolidation near 1.42s against US Dollar – Scotiabank
Scotiabank strategists Shaun Osborne and Eric Theoret highlight that USD/CAD around 1.4269 shows signs of consolidation after a sharp Canadian Dollar (CAD) weakening since early September. Price action is closely tracking the 2-year US–Canada spread, with Oil offering some support to CAD.
European Central Bank: Neutral communication with upside inflation risks – Nordea
Nordea’s Chief Analyst Jan von Gerich interprets the ECB’s September monetary policy account as supporting further rate hikes, likely in December and March. The Governing Council remains focused on upside inflation risks, especially from persistent energy shocks and resilient growth.
Federal Reserve: More hikes ahead after October pause - UOB
UOB’s Alvin Liew analyzes the September 2026 FOMC minutes, highlighting unanimous support for a 25bp hike to 3.75–4.00% as inflation stays elevated and growth remains solid.
Russia Central Bank Reserves $ came in at $733.2B, above forecasts ($0B)
Russia Central Bank Reserves $ came in at $733.2B, above forecasts ($0B)
BoE’s Bailey calls for stronger financial markets to absorb future shocks
Bank of England (BoE) Governor Andrew Bailey said on Thursday that financial markets need to be better prepared for future shocks and monetary policy must stay focused on bringing inflation back to target.