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PBOC sets USD/CNY reference rate at 7.0865 vs. 7.0833 previous
On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0865 compared to the previous day's fix of 7.0833 and 7.1156 Reuters estimate.

Japan's Katayama: It's hard to foresee Japan defaulting on its debt
Japan's Finance Minister Satsuki Katayama said on Thursday that Japanese Government Bonds (JGBs) are held predominantly by domestic investors, so it is hard to foresee Japan defaulting on its debt.

Japan's Takaichi: Aim is to build robust economy for increased tax revenues without hikes
Japan Prime Minister Takaichi said on Thursday that we will strive to create strong economy so that tax revenues rise without tax hikes.

BoJ's Ueda: Underlying inflation accelerating toward 2% moderately
Bank of Japan (BoJ) Governor Kazuo Ueda said on Thursday that the Japanese central bank will strive to create strong economy so that tax revenues rise without tax hikes.

US House votes on ending US government shutdown -- WSJ
The House of Representatives was approaching a final vote late Wednesday on legislation to end the longest government shutdown in US history, the Wall Street Journal reported on Thursday.

USD/JPY drifts higher above 154.50 as BoJ rate hike expectations fade
The USD/JPY pair attracts some buyers near 154.75, the highest since February, during the early Asian session on Thursday.

GBP/JPY Price Forecast: Extends rally above 203.00 on weaker Yen
The Pound Sterling clings to gains versus the Japanese Yen on Wednesday, gains over 0.31%, trading at around 203.16 boosted by overall JPY weakness across the board.

UK GDP expected to post modest growth in Q3
The UK's Office for National Statistics (ONS) will release the advanced prints of the Q3 Gross Domestic Product (GDP) on Thursday. If the figures meet market consensus, the UK economy would have maintained its pace of expansion at 1.4% annualised, showing that momentum could have begun to stall.

EUR/USD steady beneath 1.16, traders await US shutdown vote, Fed clarity
The Euro consolidates for the second straight day unable to crack the 1.1600 figure as risk appetite improve due to the imminent re-opening of the US government as the House of Representatives votes on the stopgap funding bill.

Australia unemployment rate expected to edge lower in October
Australia is scheduled to publish the October monthly employment report on Thursday at 0:30 GMT, with market participants anticipating a modest improvement in labor market conditions. Still, the expected outcome indicates persistent weakness in the sector.

FX Today: Markets maintain their course as investors await US government reopening
The US Dollar (USD) remains under pressure as investors tilt into a risk-on stance ahead of an expected vote to re-fund the US government on a short-term basis. A vote on a short-term funding solution on the floor of the lower US House of Representatives is expected during the overnight session.

USD/JPY holds near nine-month highs as Japan's fiscal stance weighs on Yen
The Japanese Yen (JPY) remains under pressure against the US Dollar (USD) on Wednesday, with USD/JPY hovering near nine-month highs around 154.64, despite a broadly softer Greenback.

WH Economic Advisor Hassett: Historically, the dollar is strong now
White House Senior Advisor Kevin Allen Hasset spoke at a White House conference on Wednesday, talking about the GDP and the government shutdown.

NZD/USD rises slightly as risk sentiment improves, RBNZ rate cut looms
NZD/USD hovers around 0.5660 on Wednesday at the time of writing, up 0.15% on the day. In New Zealand, a sluggish economic outlook continues to fuel speculation about a potential rate cut by the Reserve Bank of New Zealand (RBNZ).

Fed's Bostic: Moving policy lower risks feeding the "inflation beast
Federal Reserve (Fed) Bank of Atlanta President Raphael Bostic spoke about economic trends at the Atlanta Economic Club on Wednesday. Bostic says he will step down as president of the Fed Bank of Atlanta early next year.

EUR/USD extends winning streak as Dollar slips ahead of key US House vote
The Euro (EUR) edges higher against the US Dollar (USD) on Wednesday, reversing earlier losses as the Greenback's rebound loses steam ahead of a critical congressional vote to end the record-long US government shutdown.

GBP/USD falls towards 1.3100 as UK political tensions weighs on Sterling
The Pound Sterling tumbles during the North American session on Wednesday as reports emerged that Prime Minister Keir Starmer's leadership was questioned, ahead of the release of UK's fiscal budget. The GBP/USD tumbles over 0.34% at 1.3105.

AUD/USD edges higher on RBA hawkish tone, labor market resilience eyed
AUD/USD climbs slightly on Wednesday toward 0.6530 at the time of writing, supported by renewed demand for the Australian Dollar (AUD) ahead of the release of October's employment report due on Thursday.

EUR/GBP hits yearly highs amid UK political tensions and BoE rate-cut bets
The Euro (EUR) extends gains against the British Pound (GBP) on Wednesday as the Sterling weakens across the board following reports of growing tension within the UK Labour Party and speculation over Prime Minister Keir Starmer's leadership, which has added to political uncertainty ahead of this mon

Fed's Williams: Fed close to desired level for bank reserves
Federal Reserve (Fed) Bank of New York President John Williams spoke at the United States (US) Treasury Market Conference in New York on Wednesday. He said that determining whether reserves are ample is an inexact science and claimed he is closely watching the markets for signals.
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