Yen firms after less dovish BOJ, dollar dips ahead of inflation data
TOKYO/LONDON :The yen firmed on Thursday after the Bank of Japan took a less dovish tone than expected while the U.S. dollar ticked lower ahead of jobs data later this week and the U.S. presidential election next week. The dollar was last down 0.6 per cent on the Japanese currency at 152.360 yen as the BOJ
GBP/USD: UK rates markets pare back BoE easing expectations – Scotiabank
The UK budget update largely conformed to expectations. The government will raise taxes and borrowing significantly but will also spend heavily on priority projects, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
USD: Dollar takes a back seat to overseas events – ING
The Dollar Index (DXY) has softened a little this week – largely in response to overseas events.
EUR/USD: Data lift yields, crimp spreads – Scotiabank
Eurozone CPI rose 2.0% this month, according to the preliminary estimate released earlier.
Bank of Japan leaves main interest rate unchanged
The Bank of Japan kept its main interest rate unchanged on Thursday, as widely expected, warning of "high uncertainties surrounding Japan's economic activity and prices." The decision comes amid market uncertainty ahead of U.S. presidential elections on November 5 and following Japanese polls on Sunday that was the worst outcome…
Pound Sterling Price News and Forecast: GBP/USD tumbles to two-month low, traders ditch GBP on UK's budget
GBP/USD Price Forecast: Tumbles to two-month low, traders ditch GBP on UK's budget The Pound Sterling dropped to a new two-month low of 1.2885 against the Greenback during the session, as UK Gilts rose sharply following the budget release.
GBP/USD Price Forecast: Tumbles to two-month low, traders ditch GBP on UK's budget
The Pound Sterling dropped to a new two-month low of 1.2885 against the Greenback during the session, as UK Gilts rose sharply following the budget release.
BoJ keeps benchmark policy rate unchanged
The Bank of Japan kept its benchmark policy rate unchanged on Thursday at 0.25%, as widely expected.
Japan holds policy rate steady, highlights caution
The Bank of Japan (BOJ) decided Thursday to maintain its current monetary policy, keeping the interest rate steady at around 0.25 per cent as it highlighted the need for caution in light of domestic...
Pound Sterling Price News and Forecast: GBP/USD faces challenges as the US Dollar appreciates
GBP/USD extends its losses for the second successive day, trading around 1.2950 during the Asian session on Thursday.
BOJ to keep rates steady as politics muddles outlook
TOKYO :The Bank of Japan is expected to maintain ultra-low interest rates on Thursday and signal a cautious approach to rolling back its massive monetary stimulus, as political uncertainty and jittery markets cloud the outlook.The ruling coalition's loss of a majority in a weekend election has heightened conc
BOJ keeps rates steady, puts focus on global risks
TOKYO :The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile domestic recovery in deciding when to next tighten policy.But the central bank projected inflation to move around its 2 per c
Pound Sterling Price News and Forecast: GBP/USD rises above 1.3000 after UK’s budget release
GBP/USD Price Forecast: Rises above 1.3000 after UK’s budget release The Pound Sterling erased some of its earlier losses, climbing above its opening price against the US Dollar, after the UK Chancellor Rachel Reeves revealed its autumn budget.
GBP/USD Price Forecast: Rises above 1.3000 after UK’s budget release
The Pound Sterling erased some of its earlier losses, climbing above its opening price against the US Dollar, after the UK Chancellor Rachel Reeves revealed its autumn budget.
GBP/USD: Trades a little softer before first budget – Scotiabank
The Pound Sterling (GBP) is trading a little softer ahead of Chancellor Reeves’ first budget (8.30ET) for Labour.
GBP: Reeves may trade carefully in first budget – ING
The highlight of today’s session is the new Labour government’s first budget released at 1330CET.
Pound Sterling Price News and Forecast: GBP/USD turns bullish as focus shifts to US data, UK budget
Following Monday's choppy action, GBP/USD gained traction and closed in positive territory on Tuesday.
USD fades as data lift EUR – Scotiabank
The US Dollar (USD) is trading lower overall to start the day, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
USD/CAD: Remains weak on yield spreads – Scotiabank
Near-term prospects for the Canadian Dollar (CAD) are little changed, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
last updated on 1 Nov 01:22