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USD: Multiple factors hitting the dollar at once - ING
A sudden return of market scrutiny on US regional banks is adding a rather unexpected negative factor to the dollar. US equities took a hit yesterday, with the S&P500 regional banks sub-index plummeting 5% after two lenders reported problems with loans associated with fraud.

USD/CNH: Lower fix again - OCBC
USD/CNY fix was set lower at 7.0949 and below 7.10 for a 3rd consecutive session. USD/CNH last seen at 7.1280 levels, largely in line with yesterday spot despite the USD/CNY fix going lower, OCBC's FX analysts Frances Cheung and Christopher Wong note.

US Natural Gas drops to three-week low on ample storage - ING
US Natural Gas prices slid to the lowest in three weeks this morning, with NYMEX Henry Hub futures falling to the intraday lows of $2.9/MMBtu, ING's commodity experts Ewa Manthey and Warren Patterson note.

EUR: Eyes on 1.180? - ING
EUR/USD rose again yesterday, but primarily on the back of US Dollar (USD) weakness, as markets had largely priced in that French PM Lecornu would survive the no-confidence motions, ING's FX analyst Francesco Pesole notes.

US Dollar Index (DXY) trims some losses after bouncing from the 98.00 area
The US Dollar Index has found some support at the 98.00 area and is trimming some losses during Friday's European trading session. The Index, however, remains vulnerable, after having depreciated nearly 1.30% in a four-day sell-off.

BoE's Pill: Favors a more cautious monetary easing approach
Bank of England (BoE) Chief Economist Huw Pill said in a speech at the Institute of Chartered Accountants in England and Wales Annual Conference 2025 in London on Friday that the United Kingdom (UK) central bank must avoid cutting interest rates "too far and too fast" as inflationary pressures conti

BoE's Pill: A more cautious withdrawal of monetary policy restriction may be appropriate
Bank of England (BoE) Chief Economist Huw Pill said on Friday, "a more cautious withdrawal of monetary policy restriction may be appropriate."

GBP/JPY falls as Yen strengthens on BoJ tightening signals, UK tax hikes
GBP/JPY drops toward 201.00 on Friday, losing 0.50% at the time of writing, as the Japanese Yen (JPY) extends its recovery, supported by growing expectations of a future rate hike by the Bank of Japan (BoJ) and by a global environment favoring safe-haven assets.

EUR/USD rests 50-DMA after holding 1.1540 support - Société Générale
EUR/USD has rebounded from last week's low and broken a short-term downtrend, but repeated failures around the 50-DMA underline lingering indecision. A sustained break above 1.1780/1.1820 is needed to confirm upside traction, Société Générale's FX analysts note.

AUD/USD tumbles to near 0.6450 amid US-China trade frictions
The AUD/USD pair trades 0.5% down to near 0.6450 during the European trading session on Friday. The Aussie pair faces intense selling pressure as the Australian Dollar (AUD) underperforms its peers amid growing trade frictions between the United States (US) and China.

USD/CHF hits fresh monthly lows sub-0.7900 amid the risk-off mood
The US Dollar keeps heading south against a firmer Swiss Franc amid the risk-off market mood.

Pound Sterling extends winning streak against US Dollar
The Pound Sterling (GBP) extends its winning streak against the US Dollar (USD) for the third trading day on Friday.

EUR/GBP Price Forecast: Bulls might find resistance above 0.8720
The Euro received a boost from French PM Sébastien Lecornu's victory in two no-confidence votes on Thursday. The pair bounced up from 0.8665 and retraced Wednesday's losses, aiming for the top of the recent range, in the area of 0.8720-0.8730.

EUR/USD rallies further amid a weak US Dollar ahead of Eurozone's HICP
EUR/USD appreciates for the fourth consecutive day, trading near 1.1720 at the moment of writing on Friday and on track to its best weekly performance in the last three months.

EUR/JPY dives to two-week lows below 175.00 on hawkish BoJ comments
The Euro accelerated its downtrend against the Japanese Yen on Friday, reaching fresh two-week lows at the 175.20 area so far, as the Japanese Yen rallies across the board following hawkish comments by the Bank of Japan's policymakers.BoJ Deputy Governor Shinichi Uchida assessed on Friday that the J

Forex Today: US Dollar extends slide, Gold surges past $4,300
Here is what you need to know on Friday, October 17:

USD/CAD Price Forecast: Hovers around 1.4050 within overbought territory
USD/CAD inches lower after registering gains in the previous session, trading around 1.4050 during the early European hours on Friday. The technical analysis of the daily chart suggests a persistent bullish bias as the pair is moving upwards within the ascending channel pattern.

BoJ's Uchida: Japan's economy is recovering moderately
Bank of Japan (BoJ) Deputy Governor Shinichi Uchida said on Friday that the Japanese economy is recovering moderately, albeit with some weak signs. Uchida added that the central bank will keep raising the rate if the economic outlook is met.

FX option expiries for Oct 17 NY cut
FX option expiries for Oct 17 NY cut at 10:00 Eastern Time via DTCC can be found below.

EUR/CAD strengthens to near 1.6450 as French government survives no-confidence vote
The EUR/CAD cross trades in positive territory for the fourth consecutive day near 1.6460 during the early European session on Friday. The Euro (EUR) strengthens against the Canadian Dollar (CAD) as the political crisis in France eases.
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