Wednesday, 28 October 2026
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The Canadian Dollar (CAD) has become the focus of debate over the Bank of Canada's (BoC) next policy move. Markets have rushed to price in a rate hike at the upcoming meeting, dragging USD/CAD down to 1.4071, well below…
The Pound Sterling (GBP) surges about 0.70% on solid UK labor market data and news that the US and Iran seem to have reached an agreement, according to Israel’s Channel 12 News. GBP/USD trades near 1.3400 after opening …
AUD/USD advances on Tuesday, trading around 0.7010, up 0.43% on the day at the time of writing.
Gold (XAU/USD) reverses earlier losses on Tuesday as positive Middle East headlines trigger a sharp pullback in Oil prices, weighing on the US Dollar (USD) and US Treasury yields. At the time of writing, XAU/USD trades …
EUR/USD extends its intraday advance during American trading hours on Tuesday as Oil prices reverse sharply following reports of progress toward renewed US-Iran negotiations, pushing the US Dollar (USD) and US Treasury …
Societe Generale strategists highlight that United Kingdom (UK) unemployment has fallen to a 13‑month low and average earnings have ticked higher, reinforcing expectations for a Bank of England (BoE) rate hike to 4% in …
West Texas Intermediate (WTI), futures on NYMEX, trades 2.5% higher to near $100.50, the highest level seen in over a month. The oil price is little far from revisiting its almost five-month high of $102.11.
The international environment remains volatile, and the euro area – an open economy that is well integrated into global supply chains and international financial markets – could face strains ahead. While the acute risk …
The Canadian Dollar (CAD) extends gains for the fourth consecutive day on Tuesday as Oil prices rally to their highest level since May and the US Dollar (USD) struggles amid dwindling hopes of immediate Federal Reserve …
Commerzbank’s Norman Liebke notes that the Brazilian Real strengthened after Flavio Bolsonaro’s lead in the first election round, with USD/BRL dropping from 5.2 to 5.0. The bank expects further short-term Real appreciat…
The Euro (EUR) surrenders its early gains against the US Dollar (USD) and flattens at around 1.1213 during the European trading session on Tuesday. The major currency pair falls back as the US Dollar rebounds strongly d…
The EUR/JPY cross trades with mild losses near 177.70 during the early European trading hours on Tuesday. The Euro (EUR) weakens against the Japanese Yen (JPY) as street riots in France raise concerns over political sta…
If the Indian rupee could talk, it might well beg for a holiday. The once-proud currency that fetched roughly ₹4 per US dollar at independence now needs nearly ₹90 for the same dollar. In 2025, the rupee has sunk to his…
The United Kingdom’s (UK) ILO Unemployment Rate fell to 4.7% in the three months to August after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The …
The British Pound (GBP) is up 0.22% higher at around 1.3333 against the US Dollar (USD) during the Asian session on Tuesday. The GBP/USD pair trades higher ahead of the United Kingdom (UK) labor market data for three mo…
USD/CHF depreciates after posting modest gains the previous day, trading around 0.8250 during Asian hours on Tuesday. The pair loses ground as the US Dollar (USD) weakens under growing market expectations that the Feder…
Gold price (XAU/USD) declines to near $4,120 in the early European trade on Tuesday . The precious metal faces selling pressure amid a recovery in yields on United States (US) bonds and rising oil prices.
The Euro (EUR) is up 0.15% at around 1.1230 against the US Dollar (USD) during the Asian trading session on Tuesday. The major currency pair gains as the US Dollar is under pressure ahead of Meta Q3 earnings on Wednesda…
Iran’s Islamic Revolutionary Guard Corps (IRGC) said on Monday that Tehran has not yet completely closed the Strait of Hormuz and can expand the scope of the blockade to the Bab al-Mandeb Strait and the Suez Canal, Tehr…
MUFG’s Lloyd Chan highlights that the Dollar has softened after comments from Fed Chair Warsh reduced expectations of another rate hike, but still-high global yields keep the backdrop challenging for Asia FX. Indonesia’…
The US President Donald Trump administration has not approved the transfer of interceptor missiles to Ukraine, the Washington Post reported on Monday.
The EUR/USD pair holds positive ground near 1.1215 during the early European session on Tuesday. However, the potential upside for the pair might be limited as violent protests in France add to concerns about the countr…
The AUD/JPY advances late on Monday during the North American session, up 0.88%, as the cross-pair continues to trade above the resistance trendline of a ‘falling wedge,’ a bullish chart pattern that could open the door…
The Australian Dollar registers two days of consecutive gains versus the US Dollar, trading at 0.6980, up more than 0.50% as risk appetite improved, while the Aussie was supported by strong data on China’s GDP and Retai…
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