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World FX news

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EUR/USD: Downward momentum is building - UOB Group

Euro (EUR) could test 1.1580; a sustained drop below this level is unlikely. In the longer run, downward momentum is building; EUR is likely to trade with a downward bias, potentially retesting the 1.1540 level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
New
update2025.10.22 18:42

Unchanged policy message HUF-supportive - Commerzbank

Hungary's National Bank (MNB) maintained its base rate at 6.50% yesterday, as had been widely anticipated, defying government pressure for monetary easing.
New
update2025.10.22 18:38

Silver price today: Silver falls, according to FXStreet data

Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
New
update2025.10.22 18:30

HUF: The shine is fading - ING

The National Bank of Hungary, as expected, left rates at 6.50%. Forward guidance remained hawkish and changed only in details.
New
update2025.10.22 18:29

Inflation report to offer clarity, not direction, for the Fed - Commerzbank

It seems that the US administration has at least recognized that inflation data for the third quarter is necessary to calculate social security benefits for the coming year.
New
update2025.10.22 18:23

USD: Further strength not so simple to sustain - ING

The US Dollar (USD) has continued to strengthen this week, as US credit market concerns appear to have now entirely left the FX market. The very large gold correction yesterday potentially added some support to the greenback, ING's FX analyst Francesco Pesole notes.
New
update2025.10.22 18:07

Dow Jones futures move little as traders await Tesla's results

Dow Jones futures remain steady near 47,100 during European hours, ahead of the opening of the United States (US) regular session on Wednesday. The S&P 500 futures are flat around 6,770, while Nasdaq 100 futures lose 0.15% to trade near 25,250 at the time of writing.
New
update2025.10.22 18:06

Canadian inflation provides further argument against interest rate cut next week - Commerzbank

Yesterday's Canadian inflation figures for September were slightly higher than expected, Commerzbank's FX analyst Michael Pfister notes.
New
update2025.10.22 18:04

USD/CHF consolidates above 0.7980 with markets looking for direction

The US Dollar consolidates Tuesday's gains and remains trading within a narrow range above 0.7950, after bouncing from the 0.7910 area on Tuesday. Investors, however, are showing a cautious mood, awaiting US CPI data later this week and next week's Fed monetary policy decision.
New
update2025.10.22 17:54

Precious metals sell-off - ING

Spot Gold prices came under significant pressure yesterday, with the market settling 5.3% lower on the day. This downward pressure has only continued in early morning trading in Asia today.
New
update2025.10.22 17:51

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