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Rebound in Pound Sterling (GBP) has scope to extend but is unlikely to break clearly above 1.3525.

Created : 2025.10.07 17:42

Last updated : 2025.10.07

The Pound Sterling (GBP) declines 0.3% to near 1.3440 against the US Dollar (USD) during the European trading session on Tuesday. The GBP/USD pair slumps as the safe-haven demand of the US Dollar increases due to political jolts in Japan and France.

Created : 2025.10.07 17:35

Last updated : 2025.10.07

US Dollar (USD) traded subdued overnight in absence of key data. DXY last seen at 98.38 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Created : 2025.10.07 17:32

Last updated : 2025.10.07

France's short-lived prime minister, Sebastian Lecornu, resigned unexpectedly yesterday morning. His time in office was even shorter than that of Liz Truss, the former British Prime Minister, who was forced to resign after seven weeks due to her ill-fated financial plan for Britain.

Created : 2025.10.07 17:30

Last updated : 2025.10.07

The US Dollar has accelerated its rebound from Monday's lows at the 0.7940 area, reaching intra-day highs at 0.7975 so far. However, the pair remains trapped within the horizontal range of the last six weeks, below the 0.8000 psychological level.

Created : 2025.10.07 17:26

Last updated : 2025.10.07

There is scope for Euro (EUR) to test the late-Sep low of 1.1645; it is unclear at this point if it can break clearly below this level, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.10.07 17:23

Last updated : 2025.10.07

Euro (EUR) slipped yesterday on news that French PM Lecornu resigned after less than 1 month on the role. Pair was last at 1.1677 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

Created : 2025.10.07 17:20

Last updated : 2025.10.07

In the early hours on Wednesday, the Reserve Bank of New Zealand will meet again to make a monetary policy decision and is likely to cut interest rates by another 25 basis points.

Created : 2025.10.07 17:16

Last updated : 2025.10.07

The New Zealand Dollar's rally met sellers at the 0.5845 area on Monday, and the pair is trading lower on Tuesday. The Kiwi has retraced the previous day's gains and approaches the 0.5800 line as investors turn their focus to the RBNZ's monetary policy decision, due on Wednesday.

Created : 2025.10.07 16:56

Last updated : 2025.10.07

EUR/USD is heading south for the second consecutive day on Tuesday. The pair trades near 1.1690 at the time of writing, as France's political and fiscal crisis is keeping investors away from the common currency and prompting the European Central Bank (ECB) to adopt a slightly more dovish tone.

Created : 2025.10.07 16:42

Last updated : 2025.10.07

The US Dollar has shrugged off concerns about the US government shutdown and expectations of Federal Reserve monetary policy easing, to appreciate for the second consecutive day.

Created : 2025.10.07 16:22

Last updated : 2025.10.07

Here is what you need to know on Tuesday, October 7:

Created : 2025.10.07 16:01

Last updated : 2025.10.07

Germany's Factory Orders declined in August, suggesting that the country's manufacturing sector remained in contraction, according to the official data published by the Federal Statistics Office on Tuesday.

Created : 2025.10.07 15:02

Last updated : 2025.10.07

Asian equities trades mostly higher on Tuesday in quiet holiday trading, while the Nikkei 225, Japan's benchmark, rose to a fresh record high on hope for more government spending and lower taxes under Japan's first woman prime minister.

Created : 2025.10.07 15:00

Last updated : 2025.10.07

The USD/CAD pair trades in a tight range around 1.3950 during the early European trading session on Tuesday. The Loonie pair consolidates as investors await speeches from a slew of Federal Reserve (Fed) officials scheduled in the North American.

Created : 2025.10.07 14:57

Last updated : 2025.10.07

EUR/GBP stays silent after two days of losses, trading around 0.8690 during the Asian hours on Tuesday. The currency cross may further lose as the Euro (EUR) struggles after France's new Prime Minister Sebastien Lecornu and his government resigned on Monday.

Created : 2025.10.07 14:49

Last updated : 2025.10.07

The AUD/JPY cross trades on a negative note near 99.45 during the early European session on Tuesday. The Japanese Yen (JPY) recovers slightly against the Australian Dollar (AUD) after reaching its lowest since November 2024.

Created : 2025.10.07 14:34

Last updated : 2025.10.07

FX option expiries for Oct 7 NY cut at 10:00 Eastern Time via DTCC can be found below.

Created : 2025.10.07 14:20

Last updated : 2025.10.07

The EUR/JPY pair demonstrates strength near the all-time high around 176.00 during Tuesday's late Asian session, posted on Monday. The pair strengthens as the Japanese Yen (JPY) underperforms across the board since Sanae Takaichi has been elected as Prime Minister by Japan's ruling party.

Created : 2025.10.07 14:10

Last updated : 2025.10.07

The GBP/JPY cross struggles to capitalize on its modest Asian session uptick and retreats from a fresh year-to-date peak - levels just above the 203.00 mark - touched earlier this Tuesday. `Spot prices, however, lack bearish conviction and currently trade just above mid-202.00s, down less than 0.10%

Created : 2025.10.07 14:08

Last updated : 2025.10.07