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Breaking news

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USD/CAD remains below 1.4000 amid dovish tone surrounding Fed decision

USD/CAD extends its losses for the second consecutive day, trading around 1.3990 during the Asian hours on Tuesday. The pair depreciates as the US Dollar (USD) faces challenges due to the increased likelihood of a rate cut by the US Federal Reserve (Fed) on Wednesday.
New
update2025.10.28 11:59

WTI declines to near $61.00 as OPEC+ to raise production at next meeting

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.15 during the Asian trading hours on Tuesday. The WTI drifts lower as the Organization of the Petroleum Exporting Countries and its allies (OPEC+) is expected to increase oil output once again for December.
New
update2025.10.28 11:30

Japanese Yen strengthens on intervention fears, BoJ-Fed policy divergence

The Japanese Yen (JPY) strengthens across the board during the Asian session on Tuesday and moves further away from an over two-week low touched against its American counterpart the previous day.
New
update2025.10.28 11:22

Australian Dollar gains as RBA rate cut bets decrease following Bullock's remarks

The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Tuesday for the second successive session. The AUD/USD pair gained ground due to decreasing rate cut bets by the Reserve Bank of Australia (RBA).
New
update2025.10.28 11:11

US President Donald Trump: We are signing new deal with Japan and it is a fair deal

US President Trump and Japan's Prime Minister Sanae Takaichi met for the first time on Tuesday in Tokyo. Trump said the US and Japan are signing a new deal and it is a fair deal. He recalled former Japanese Prime Minister Shinzo Abe as "a great friend of mine."
New
update2025.10.28 10:21

PBOC sets USD/CNY reference rate at 7.0856 vs. 7.0881 previous

The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.0856 compared to the previous day's fix of 7.0881 and 7.1029 Reuters estimate.
New
update2025.10.28 10:16

Japan PM Takaichi wants to realise a new golden age of Japan-US alliance with Trump

Japan's Prime Minister Sanae Takaichi said on Tuesday that she wants to realise a new golden age of Japan-US alliance with US President Donald Trump.
New
update2025.10.28 10:13

US Dollar Index softens below 99.00 as Fed poised to cut rates 

The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a softer note around 98.70 during the early Asian session on Tuesday. The DXY edges lower on the prospect of a US interest rate cut.
New
update2025.10.28 10:05

Japan's Kiuchi: It's important for FX moves to reflect fundamentals, be stable

Japan's Economics Minister Minoru Kiuchi said on Tuesday that it's important for foreign exchane (FX) moves to reflect fundamentals and be stable. Kiuchi added that he will scrutinies impact of FX moves on Japan's economy.
New
update2025.10.28 09:40

Gold Price Forecast: XAU/USD slumps to near $4,000 on US-China trade progress

Gold price (XAU/USD) tumbles to a two-week low near $4,000 during the early Asian session on Tuesday. The precious metal attracts some sellers after the United States (US) and China agreed on a framework for a trade deal.
New
update2025.10.28 09:00

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