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Markets
EUR/GBP holds near one-month low as ECB minutes limit downside for the Euro
The Euro (EUR) trades flat against the British Pound (GBP) on Thursday after a sharp slide on Wednesday following the United Kingdom’s Autumn Budget. At the time of writing,…
Growth vacuum leaves GBP exposed – Société Générale
The Economist described it as a ‘bodge-it budget’ that doesn’t give Britain what it needs. The FT calls it a ‘Spend now, pay later’ budget, which merely delays fiscal pain. The…
Morgan Stanley thinks you should short Oracle
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Oracle has emerged as the weakest member of the AI…
Outlook broadly unchanged, waiting for more data
The account of the European Central Bank’s (ECB) monetary policy meeting held in Florence on 29-30 October shows that policymakers judged the economic and inflation outlook to be…
AUD/USD rises on strong Aussie data, Fed rate cut expectations
AUD/USD trades around 0.6525 on Thursday at the time of writing, up 0.12% on the day. The Australian Dollar (AUD) continues to appreciate against the US Dollar (USD), supported by…
USD/CAD trims some losses and returns to the 1.4050 area
The US Dollar is retracing losses against the Canadian Dollar on Thursday, following a sharp reversal in the previous two days. The pair is trading at 1.4048 at the time of…
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Yen weakens as USD reacts to Fed dovishness – MUFG
The Jpanese Yen (JPY) has continued to trade at weaker levels during the Asian trading session alongside the US dollar which has corrected lower in response to dovish comments from…
Hawkish BOJ Rhetoric – OCBC
USD/JPY has started to ease lower in recent sessions, taking cues from a shift in BOJ rhetoric. The timing of the shift appears to coincide with Takaichi-Ueda meeting last week.…
EUR/JPY holds losses near 181.00 as Japan intervention speculation grows
EUR/JPY retraces its recent gains registered in the previous session, trading around 181.00 during the European hours on Thursday. The currency cross is under pressure as the…