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US Dollar Index (DXY) slides to over one-week low, seems vulnerable below mid-98.00s
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, remains under some selling pressure for the third straight day and drops to an over one-week low during the Asian session on Thursday.

Japanese Yen strengthens amid safe-haven demand; USD/JPY under pressure on weaker USD
The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day and climbs to an over one-week high during the Asian session on Thursday.

NZD/USD gathers strength to near 0.5750 on fears of prolonged US government shutdown
The NZD/USD pair recovers some lost ground around 0.5740, snapping the seven-day losing streak during the Asian trading hours on Thursday. The US Dollar (USD) edges lower against the New Zealand Dollar (NZD) amid the ongoing US government shutdown.

RBA's Kent: Cash rate now within wide, uncertain neutral range
Reserve Bank of Australia (RBA) Assistant Governor (Financial Markets) Christopher Kent spoke at the CFA Society Australia Investment Conference 2025 late Wednesday.

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

Australian Dollar declines following employment data release
The Australian Dollar (AUD) declines against the US Dollar (USD) on Thursday, retracing its recent gains from the previous session. The AUD/USD pair loses ground as the AUD struggles following the release of Australia's employment data.

AUD/JPY slumps below 98.00 as Australian Unemployment Rate climbs to four-year high of 4.5%
The AUD/JPY cross falls to near 97.70 during the early Asian session on Thursday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) after the release of Australia's employment report for September. The Bank of Japan (BoJ) board member Naoki Tamura is set to speak later on Thursday.

PBOC sets USD/CNY reference rate at 7.0968 vs. 7.1021 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.0968 compared to the previous day's fix of 7.0995 and 7.1186 Reuters estimate.

US President Donald Trump says India will stop buying Russian oil
US President Donald Trump said that Indian Prime Minister Narendra Modi has agreed to stop buying oil from Russia.

Gold Price Forecast: XAU/USD climbs above $4,200 on rate cut hopes, safe-haven flows
Gold price (XAU/USD) attracts some buyers to around $4,210 during the early Asian session on Thursday. The precious metal rises to near a fresh all-time high as US rate cut expectations and trade tensions continue to boost demand for the safe-haven assets.

Japan's Kato says will monitor for excessive fluctuations and disorderly movements
Japanese Finance Minister Katsunobu Kato said on Thursday that he will monitor for excessive fluctuations and disorderly movements.

GBP/USD shrugs off bearish momentum, recovers 1.3400 region
GBP/USD found room on the high side on Wednesday, clawing its way back to the 1.3400 handle after a near-term dip into the low end that saw Cable briefly battle the 200-day Exponential Moving Average (EMA) near 1.3290.

USD/JPY slumps below 151.00 amid ongoing US-China trade tensions
The USD/JPY pair tumbles to around 150.85 during the early Asian session on Thursday. The US Dollar (USD) weakens against the Japanese Yen (JPY) due to the continuing trade tensions between the US and China.

EUR/USD surges above 1.16 on Fed dovish bets, trade-war woes
EUR/USD traded with gains on Wednesday, up by 0.35% and above the 1.1600 figure for the second straight day as the Greenback is pressured by firm expectations of rate cuts by the Federal Reserve and the escalation of the trade-war between the US and China.

Australia unemployment rate expected to edge higher in September, signaling cooling labor market
Australia is set to publish the September monthly employment report on Thursday at 0:30 GMT, with market participants anticipating another tepid outcome, which has become the norm over the last few months.

FX Today: Australian jobs report and UK GDP data come to the fore
The US Dollar (USD) added to its weekly correction, briefly slipping back to multi-day lows on the back of the renewed offered stance, a better tone in the risk complex and persistent bets on rate cuts by the Fed in the latter part of the year.

NZD/USD extends losses amid RBNZ's dovish stance and US-China trade tensions
The New Zealand Dollar (NZD) remains on the defensive against the US Dollar (USD) on Wednesday, extending its losing streak to a seventh consecutive session as investors continue to punish the Kiwi despite a broadly weaker Greenback.

Fed's Miran: Current fed policy is more restrictive than people think because the neutral rate has fallen
Federal Reserve Governor Stephen Miran spoke at the Nomura Research Forum in Washington, DC. He stated that AI investment could lead to a higher neutral interest rate, and that recent policy changes, including immigration, have resulted in rapid shifts in the neutral rate.

US Dollar retreats against Canadian Dollar as Fed signals rate cuts, Oil caps CAD recovery
USD/CAD trims losses on Wednesday, back around 1.4040 at the time of writing, after hitting an intraday low of 1.4026. More broadly, the US Dollar (USD) is consolidating against the Canadian Dollar (CAD) after peaking near 1.4080 on Tuesday.

USD/JPY retreats as Greenback weakens on trade tensions, Fed easing bets and US fiscal gridlock
The Japanese Yen (JPY) trades on the front foot against the US Dollar (USD) on Wednesday, with USD/JPY extending losses for a second straight day as the Greenback weakens under pressure from escalating US-China trade tensions and a dovish Federal Reserve (Fed) outlook.
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