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EUR: Less bearish news out of France - ING
News emerged last night from former French Prime Minister Sébastien Lecornu that President Macron could announce a new PM by Friday evening. This has come as a surprise to a market that had felt that the next chapter in the French political saga could only be new and divisive elections.

USD/CAD Price Forecast: Sees more upside above 1.4000 amid upbeat US Dollar
The USD/CAD pair trades firmly near over four-month high around 1.3980 during Thursday's European session, posted last week. The Loonie pair exhibits strength as the US Dollar trades firmly, following recent developments in France and Japan.

US Dollar Index (DXY) retakes the 99.00 level with Fed's Powell on focus
The US Dollar has bounced up strongly from session lows at 98.65 area in Asia to resume its broader bullish trend, returning above the 99.00 level to test Wednesday's highs at 99.06 at the early European session.The US Dollar Index, which measures the value of the USD against a basket of six majors,

Forex Today: All eyes on Fed Chair Powell speech as shutdown continues
Here is what you need to know on Thursday, October 9: With key data releases from the US getting postponed because of the ongoing government shutdown, market participants will focus on comments from central bank officials, including Federal Reserve (Fed) Chair Jerome Powell, on Thursday.

Pound Sterling slides further against US Dollar ahead of Fed Powell's speech
The Pound Sterling (GBP) extends its losing streak for the third trading day against the US Dollar (USD) on Thursday. The GBP/USD pair slides to near 1.3365 as the US Dollar Index (DXY) rebounds after a slight corrective move.

NZD/USD falls below 0.5800 as traders adopt caution ahead of Fed Powell's speech
NZD/USD extends its losses for the third successive session, trading around 0.5770 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) gains ground ahead of the speech by Federal Reserve (Fed) Chair Jerome Powell due later in the day.

FX option expiries for Oct 9 NY cut
FX option expiries for Oct 9 NY cut at 10:00 Eastern Time via DTCC can be found below.

EUR/GBP strengthens above 0.8650, French political uncertainty might cap the EUR's upside
The EUR/GBP cross rebounds to around 0.8680 during the early European session on Thursday. The Euro (EUR) edges higher against the Pound Sterling (GBP) as French President Emmanuel Macron is set to appoint a new Prime Minister in the next 48 hours.

EUR/JPY stays above 177.50 near all-time highs amid fading likelihood of BoJ rate hikes
EUR/JPY continues its winning streak for the fifth successive session, trading around 177.60 during the Asian hours on Thursday.

USD/CHF corrects to near 0.8000 as FOMC minutes signal further interest rate cuts
The USD/CHF pair retraces to near 0.8000 during the late Asian trading session on Thursday from the monthly high of 0.8030 posted the previous day.

EUR/CAD Price Forecast: Retains bullish bias above 1.6200
The EUR/CAD cross holds steady near 1.6225 during the early European session on Thursday. The political crisis in France after the shock resignation of France's Prime Minister Sebastien Lecornu and his government could weigh on the Euro (EUR) against the Canadian Dollar (CAD).

GBP/USD Price Forecast: Reclaims 1.3400 amid a weaker USD; not out of the woods yet
The GBP/USD pair attracts some buyers during the Asian session on Thursday and moves away from a nearly two-week trough, around the 1.3370 area touched the previous day.

USD/INR continues to trade flat as RBI remains defensive
The Indian Rupee (INR) opens again in a two-week-long range of 88.76-89.11 against the US Dollar (USD) on Thursday.

India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.

NZD/USD recovers further from six-month low, retakes 0.5800 amid a weaker USD
The NZD/USD pair builds on the previous day's goodish rebound from the 0.5735 region, or the lowest level since April 11, and gains some positive traction during the Asian session on Thursday.

EUR/USD recovers some lost ground to near 1.1650 amid prolonged US government shutdown
The EUR/USD pair recovers some lost ground around 1.1645, snapping the three-day losing streak during the Asian trading hours on Thursday. An ongoing US government shutdown undermines the US Dollar (USD) against the Euro (EUR).

USD/CAD holds losses below 1.3950 as Fed policymakers lean toward dovish stance
USD/CAD loses ground after two days of gains, trading around 1.3940 during the Asian hours on Thursday.

Japanese Yen edges higher but faces headwinds from delayed BoJ hike bets
The Japanese Yen (JPY) edges higher during the Asian session on Thursday and moves away from a nearly eight-month low, touched against its American counterpart the previous day.

Australian Dollar rises following Consumer Inflation Expectations release
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the second successive session.

US Dollar Index drifts lower below 99.00 as US government shutdown continues
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a negative note near 98.75 during the Asian trading hours on Thursday. The DXY edges lower amid US government shutdown concerns.
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