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Markets
2-way trades on the daily chart – OCBC
There are still no Federal data releases due to US government shutdown. This puts emphasis on private sector data and Fedspeaks. DXY last seen at 98.43 levels, OCBC's FX analysts…
GBP/USD may decline toward 1.3400 – UOB Group
Pound Sterling (GBP) may decline toward 1.3400; a clear break below this level appears unlikely. In the longer run, GBP is likely to trade in a range between 1.3360 and 1.3525, UOB…
A wholesale change in regulatory philosophy is needed for UK markets
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The writer is vice chair at Oliver Wyman and was senior…
Oil rises on OPEC’s modest output hike – ING
ICE Brent was trading above $65/bbl while NYMEX WTI was seen approaching $62/bbl this morning, amid a modest OPEC+ production increase for November and higher geopolitical risks.…
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EUR/JPY retreats from 176.25 highs after France’s PM resignation
The Euro has taken a beating on Monday, following the unexpected resignation of France’s Prime Minister Sébastien Lecornu. The EUR/JPY has wobbled from long-term highs at 176.25 to…
Silver price today: rises on October 6
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
Silver trades at $48.71 per troy ounce, up
1.51% from the $47.99 it cost on Friday.
Silver prices have…
EUR: Rangebound activity may continue – ING
EUR/USD has struggled to find a catalyst for a big break higher – i.e., above 1.180 – despite some accumulation of negative US news. The bar to sell dollars appears higher, and the…
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EUR/USD trims losses after the shock of French PM Lecornu’s resignation
EUR/USD has returned to levels above 1.1670 ahead of the US session opening but remains way below the 1.1730 session highs reached during Monday's Asian session. The unexpected…