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Breaking news

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WTI extends slide to four-week low as US crude stocks rise; focus shifts to OPEC+ meeting

West Texas Intermediate (WTI) Crude Oil continues to lose ground for a fourth consecutive day on Wednesday, extending the downside correction that began after last Friday's surge to the highest level since August 4.
New
update2025.10.02 03:15

BoC Meeting Minutes show policymakers continue to see difficulties from US trade

The Bank of Canada's (BoC) Meeting Minutes from its latest interest rate decision showed that policymakers at the Canadian central bank continue to grapple with downstream challenges from whiplash policy attacks from the Trump administration.
New
update2025.10.02 02:40

EUR/GBP weakens as Eurozone inflation steady, UK PMI stabilizes

The EUR/GBP drops during the North American session after the latest release of inflation in the Eurozone came aligned with estimates, but slightly above the European Central Bank (ECB) goal. The cross trades around 0.8696, down 0.36%.
New
update2025.10.02 00:49

Canadian Dollar under pressure USD steadies, weighed by soft PMI and lower Oil prices

The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Wednesday, with USD/CAD edging higher around 1.3950 as the Greenback recovered ground after an initial dip on softer US data and lingering uncertainty over the partial government shutdown.
New
update2025.10.02 00:42

GBP/USD surges to one-week high as weak ADP data and US government shutdown dent US Dollar

The British Pound (GBP) advances sharply against the US Dollar (USD) on Wednesday, with GBP/USD climbing to a one-week high, reaching its strongest level since September 24, as the Greenback remains under broad pressure amid a weaker-than-expected ADP Employment Change report, the ongoing United Sta
New
update2025.10.01 23:07

EUR/USD steadies as weak ADP data, US shutdown weigh on Greenback

The Euro (EUR) steadies against the US Dollar (USD) on Wednesday, with EUR/USD reversing some of the earlier losses as traders react to softer-than-expected US private sector employment figures.
New
update2025.10.01 22:03

Gold hits new record high as US shutdown boosts safe-haven demand

Gold (XAU/USD) soars to yet another record high on Wednesday, extending its relentless climb as the United States (US) government shutdown fuels safe-haven demand.
New
update2025.10.01 21:02

EUR/JPY tumbles to near 172.50 as Japanese Yen outperforms across the board

The EUR/JPY pair trades 0.6% lower to near 172.50 during the European trading session on Wednesday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) continues to outperform its peers from the past few trading days.
New
update2025.10.01 20:56

JPY outperforming on reassertion of haven role amid US shutdown - Scotiabank

The Japanese Yen (JPY) is strong, up 0.5% against the US Dollar (USD) and once again outperforming all of the G10 currencies on a combination of both sentiment and fundamentals as market participants eye the US government shutdown as well as the outlook for the BoJ, Scotiabank's Chief FX Strategists
New
update2025.10.01 20:38

GBP a relative performer on neutral comments from BoE's Mann - Scotiabank

The Pound Sterling (GBP) is up a modest 0.2% against the US Dollar (USD) and outperforming most of the G10 currencies into Wednesday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
New
update2025.10.01 20:37

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