Forex

The US Consumer Price Index is forecast to rise 2.3% YoY in September, at a softer pace than August’s 2.5% increase. Annual core CPI inflation is expected…

The Japanese Yen dropped to a two-month low against the USD on Wednesday amid the BoJ uncertainty.  Rising bets for a regular 25 bps Fed rate cut move in…

The Australian Dollar remains under selling pressure in Thursday’s Asian session.  The firmer USD and lack of further China’s stimulus measures drag the…

AUD/USD trades in negative territory around 0.6715 in Thursday’s early Asian session.  The rising speculation of a 25 bps rate cut by the Fed in November…

USD/CAD edges higher to near 1.3710 in Thursday’s early Asian session.  Fed Minutes said a 50 bps rate cut was backed by the majority of officials.  Lower…

The Canadian Dollar fell further on Wednesday, shedding another half of a percent. Canada remains hamstrung on the economic calendar until Friday’s labor…

The Greenback rose further and reached new multi-week highs supported by higher yields and rising speculation of a 25 bps rate cut by the Fed in November, all…

Mexican Peso on the defensive as September inflation aims toward Banxico’s 3% goal. Banxico is expected to lower rates further after cutting to 10.50% in…

Gold declined as Fed Minutes revealed a “substantial majority” backed a 50 bps cut, while some preferred 25 bps. CME FedWatch Tool shows lower odds of a 25…

Overall, the EUR/GBP consolidates sideways with no clear trend. RSI suggests rising selling pressure, while MACD indicates declining buying pressure in the…