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AUD/JPY climbs toward 98.50 as the Australian Dollar rebounds on foreign inflows
AUD/JPY trades around 98.40 during the European hours on Thursday, after recovering its daily losses. The pair strengthens as the Australian Dollar (AUD) rebounds on prospects of foreign inflows, with gains in financial, real estate, and Gold stocks.

AUD/USD: Corrective pullback on the day - OCBC
Australian Dollar (AUD) has been under pressure over the last couple of sessions after the recent flare-up in US-China tensions over rare earth material controls and threat of fresh 100% tariffs as well as in reaction to softer than expect labor market print.

CHF: Sub-0.93 is rare for EUR/CHF - ING
EUR/CHF is trading at sub-0.93, which is quite rare. Some may argue that it should be trading higher given some slightly better news out of French politics, ING's FX analyst Chris Turner notes.

USD/CNY: Lower fix again - OCBC
USD/CNY fix was set lower again this morning at 7.0968 vs 7.0995 yesterday. USD/CNH last seen at 7.1270, OCBC's FX analysts Frances Cheung and Christopher Wong note.

EUR/USD: The double-edged sword of French politics - ING
EUR/USD is enjoying a little more support as US rates soften and French PM Sébastien Lecornu looks set to survive two no-confidence votes in French parliament today - this after the Socialists were bought off with a delay in pension reforms, ING's FX analyst Chris Turner notes.

EUR/GBP extends decline to 0.8673 following upbeat UK data
The Euro is trading lower for the second consecutive day, retracing most of the gains taken on Tuesday and reaching intra-day lows at 0.8673 as the Pound Sterling rallies on the back of stronger-than-expected UK manufacturing data.Manufacturing production expanded at a 0.7% pace in August, beating e

ECB's Wunsch: Probability of another cut has been receding
European Central Bank (ECB) policymaker and National Bank of Belgium acting Governor Pierre Wunsch said during the European trading session on Thursday that the probability of more interest rate cuts by the central bank has been easing.

AUD/USD recovers early losses driven by weak Aussie employment data
The AUD/USD pair claws back its early losses and recovers to near 0.6500 during the European trading session on Thursday. The Aussie pair attracts bids after sliding to near 0.6480.

USD/CAD Price Forecast: Testing support at the 1.4025 area
The US Dollar is trimming gains against the Canadian Dollar for the second consecutive day on Thursday.

EUR/USD ticks higher as trade war fears weigh on US Dollar
EUR/USD is trading higher for the third consecutive day on Thursday and changes hands at one-week highs beyond 1.1650 at the time of writing.

Pound Sterling remains steady as UK GDP grew expectedly by 0.1%
The Pound Sterling (GBP) trades broadly calm against its major peers on Thursday after the release of the United Kingdom (UK) monthly Gross Domestic Product (GDP) and factory data for August.

NZD/USD holds gains near 0.5750 due to prevailing US-China trade tensions
NZD/USD halts its seven-day losing streak, trading around 0.5740 during the early European hours on Thursday. The pair holds gains as the US Dollar (USD) struggles as traders adopt caution amid the ongoing trade tensions between the United States (US) and China, the world's two largest economies.

Forex Today: Markets await comments from central bankers, Gold renews record-high
Here is what you need to know on Thursday, October 16:

FX option expiries for Oct 16 NY cut
FX option expiries for Oct 16 NY cut at 10:00 Eastern Time via DTCC can be found below.

USD/CHF bounces off two-week low, down a little above mid-0.7900s
The USD/CHF pair continues losing ground for the third straight day - also marking the fourth day of a negative move in the previous five - and drops to an over two-week low during the Asian session on Thursday.

EUR/JPY Price Forecast: First upside barrier emerges near 177.00
The EUR/JPY cross gains ground near 176.15 during the early European session on Thursday. The Japanese Yen (JPY) weakens against the Euro (EUR) as political uncertainty in Japan would set the stage for the Bank of Japan (BoJ) to delay raising interest rates.

EUR/GBP steadies near 0.8700 ahead of UK economic data
EUR/GBP moves little after registering losses in the previous session, trading around 0.8690 during the Asian hours on Thursday.

EUR/USD rises further to near 1.1670 as US Dollar continues to decline
The EUR/USD pair extends its two-day upside move to near 1.1670 during the Asian trading session on Thursday.

BoJ's Tamura: Central bank should push rates closer toward levels deemed neutral
The Bank of Japan (BoJ) board member Naoki Tamura said on Thursday that the central bank should push the interest rates closer toward levels deemed neutral.

ECB's Dolenc: Inflation risks are balanced around the baseline scenario
European Central Bank (ECB) policymaker and Slovenia's central bank acting Governor Primoz Dolenc said on Thursday that the central bank should hold interest rates steady unless new shocks hit. Dolenc pushed back on arguments that inflation could fall too low without further easing.
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