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Forex
WTI Oil remains capped below $62.00 on oversupply fears, US shutdown
The US Benchmark West Texas Intermediate is trading at $61.80 per barrel at the time of writing. A mild recovery attempt was capped at $62.30 on Wednesday, and Oil is trading…
The third government shutdown under President Trump – UOB Group
The US government began shutting down on 1 Oct 2025 after US congressional leaders failed to agree to a short-term funding bill beyond the 30 Sep US fiscal year-end due to…
Likely to consolidate on the day – OCBC
Euro (EUR) traded subdued in absence of fresh catalyst. CPI picked up to 2.2% y/y but well within consensus. Pair was last at 1.1752 levels, OCBC's FX analysts Frances Cheung and…
Likely to trade in a range between 1.1700 and 1.1760 – UOB Group
Euro (EUR) is likely to trade in a range between 1.1700 and 1.1760. In the longer run, EUR is likely to trade between 1.1675 and 1.1790 for the time being, UOB Group's FX analysts…
Bias to lean against strength – OCBC
USD/JPY consolidated this morning, after 4 sessions of back-to-back decline. Pair was last at 147.10 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.2-way…
Inflation pickup to keep doves quiet – ING
Eurozone inflation accelerated yesterday, with headline CPI hitting 2.2% while core stayed at 2.3% for the fifth consecutive month, ING's FX analyst Francesco Pesole notes.Risks…
Likely to consolidate in a range of 1.3455/1.3525 – UOB Group
Pound Sterling (GBP) is likely to consolidate in a range of 1.3455/1.3525. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB Group's FX analysts…
USD/JPY firms as Greenback rebounds, US shutdown clouds economic outlook
The Japanese Yen (JPY) halts its four-day winning streak against the US Dollar (USD) on Thursday, with USD/JPY edging higher during the American session. At the time of writing,…
Some risk premium is building – ING
EUR/GBP corrected lower on some EUR long squeezing yesterday, but seems to be lacking bearish momentum to trade back to 0.860, ING's FX analyst Francesco Pesole notes.Risks mostly…
AUD/USD is neutral for now – UOB Group
Further consolidation appears likely; softer underlying tone suggests a lower range of 0.6585/0.6625. In the longer run, Australian Dollar (AUD) is neutral now, and it is likely to…