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Euro tumbles after a relief rally as ECB officials warn economic slowdown
The Euro (EUR) underperforms its major currency peers on Wednesday, trading almost 0.55% lower at around 177.00 against the Japanese Yen (JPY) in the European trade.
British Pound stays weak below 1.3250 as USD bulls retain control ahead of FOMC Minutes
The GBP/USD pair weakens further below mid-1.3200s during the first half of the European session on Wednesday, eroding a major part of the previous day's move higher amid a broadly firmer US Dollar (USD).
Singapore Foreign Reserves (MoM) registered at 433.4B above expectations (0B) in September
Singapore Foreign Reserves (MoM) registered at 433.4B above expectations (0B) in September
Japanese Yen edges up from lows amid hawkish comments from BoJ’s SatoÂ
The Japanese Yen (JPY) holds marginal gains against the US Dollar (USD) on Wednesday.
Czech Koruna: CNB path lifted on inflation risks – Standard Chartered
Standard Chartered’s Saabir Salad now expects the Czech National Bank to deliver two additional 25bps hikes, in November 2026 and Q1-2027, after a pre-emptive move in June. This would lift cumulative tightening to 75bps and the policy rate to 4.25% by end-Q1-2027.
Euro falls against Canadian Dollar as surging oil prices overpower strong German data
EUR/CAD continues its losing streak for the third successive day, trading around 1.5920 during the European hours on Wednesday. The currency cross is under downward pressure as the Euro (EUR) faces headwinds despite a stronger-than-expected rebound in German industrial performance.
Japanese Yen: Losses seem capped against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann note that USD/JPY traded on a firm footing in early Asian trade as upward momentum continued to build.
New Zealand Dollar declines as US Dollar strengthens on rising Treasury yields
NZD/USD depreciates after registering modest gains the previous day, trading around 0.5610 during the European hours on Wednesday.
Australian Dollar pulls back from one-week top as USD stays firm ahead of FOMC Minutes
The AUD/USD pair attracts some sellers on Wednesday, stalling a three-day recovery move from the 0.6900 neighborhood, or a three-month low, touched last week.
EUR/GBP Price Forecast: Rejection at 0.8500 leaves yearly low at 0.8455 exposedÂ
The Euro (EUR) extends losses against the British Pound (GBP) on Wednesday, on track to complete a nearly 1.6% decline in a nine-day losing streak.
China Foreign Exchange Reserves (MoM) above expectations ($0T) in September: Actual ($3.4T)
China Foreign Exchange Reserves (MoM) above expectations ($0T) in September: Actual ($3.4T)
Euro: Fiscal concerns limit recovery against US Dollar - Commerzbank
Commerzbank’s Antje Praefcke notes that concerns over France’s national debt have recently weighed on the Euro, reviving memories of the earlier sovereign debt crisis.
France Imports, EUR above expectations (€0B) in August: Actual (€60.3B)
France Imports, EUR above expectations (€0B) in August: Actual (€60.3B)