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Canadian Dollar languishes near April 2025 lows as USD bulls look past weak NFP report
The USD/CAD pair holds steady above mid-1.4200s during the Asian session on Monday, trading near its highest level since April 2025, set last week.
Middle East crude oil exports rise above pre-war levels but tanker attacks increase
Crude oil exports from the Middle East exceeded pre-war levels in four of the seven days of the final week of September despite attacks on vessels passing through the Strait of Hormuz, according to provisional data from ship-tracking firm Kpler.
BoJ’s Uchida: AI has become a major focus among central banks, including at BoJ policy meetings
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Monday that Artificial Intelligence (AI) has become a major focus among central banks, including at BoJ monetary policy meetings.
Japanese Yen bulls seem hesitant as USD reverses post-NFP slide amid geopolitical tensions
The USD/JPY pair kicks off the new week on a subdued note, stalling Friday's modest bounce from sub-157.00 levels, touched in reaction to the weak US employment details.
British Pound softens as US Dollar gains despite easing Fed rate hike odds
GBP/USD inches lower after posting modest gains in the previous day, trading around 1.3240 during Asian hours on Monday. The currency pair is under downward pressure as the US Dollar (USD) gains strength ahead of the upcoming US ISM Services Purchasing Managers Index release.
Euro softens below 1.1250 on France’s fiscal risk
The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France's shaky fiscal trajectory. The US ISM Services Purchasing Managers Index (PMI) report is due later on Monday.Â
Japan Jibun Bank Services PMI registered at 51.3, below expectations (51.6) in September
Japan Jibun Bank Services PMI registered at 51.3, below expectations (51.6) in September
Russia vows to step up strikes on UkraineÂ
Russian Defense Ministry said that it would intensify attacks on Ukraine’s military and industrial facilities following a vow from President Volodymyr Zelenskyy to double down on strikes against oil refineries, Bloomberg reported on Sunday.
Australia TD-MI Inflation Gauge (YoY) dipped from previous 4.8%Â to 2.8% in September
Australia TD-MI Inflation Gauge (YoY) dipped from previous 4.8%Â to 2.8% in September
OPEC+ agrees to keep oil output policy unchanged for November
The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to keep oil production ‌targets steady for November. This move came in line with expectations that further output policy adjustments are unlikely until next year.
Australia TD-MI Inflation Gauge (MoM) dipped from previous 0.5%Â to 0.3% in September
Australia TD-MI Inflation Gauge (MoM) dipped from previous 0.5%Â to 0.3% in September
New Zealand ANZ Commodity Price rose from previous -0.4%Â to 0.6% in September
New Zealand ANZ Commodity Price rose from previous -0.4%Â to 0.6% in September
Ireland AIB Services PMI dipped from previous 55.4Â to 54.1 in September
Ireland AIB Services PMI dipped from previous 55.4Â to 54.1 in September