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USD/CAD holds gains above 1.3950 despite rising odds of Fed rate cuts
USD/CAD continues to gain ground for the second successive session, trading around 1.3960 during the Asian hours on Wednesday.

Japanese Yen weakens further as Takaichi's policy expectations cloud BoJ rate hike outlook
The Japanese Yen (JPY) adds to its heavy weekly losses amid worries that more expansionary fiscal policy from Japan's incoming first female Prime Minister, Sanae Takaichi, could further complicate the task facing the Bank of Japan (BoJ).

Australian Dollar loses ground as US Dollar continues to gain ground
The Australian Dollar (AUD) declines against the US Dollar (USD) on Wednesday, extending its losses for the second successive session.

AUD/NZD reaches three-year highs near 1.1450 following the RBNZ policy decision
AUD/NZD extends its gains for the third successive session, trading around 1.1430 during the Asian hours on Wednesday.

NZD/USD plummets to six-month low, below mid-0.5700s on RBNZ's dovish 50 bps rate cut
NZD/USD meets with heavy supply in reaction to the RBNZ's surprise 50 bps rate cut.

GBP/USD struggles with 1.34 price floor as traders await Fed minutes
GBP/USD turned lower again on Tuesday, falling back below 1.3450, extending a near-term consolidation zone as the pair grinds through chart paper near the 50-day Exponential Moving Average (EMA).

USD/CHF Price Forecast: Stuck near yearly lows below 0.8000
The USD/CHF trades at around yearly lows of 0.7980, capped on the downside by the 20-day Simple Moving Average (SMA) of 0.7951 and by the 50-day SMA at 0.8008. At the time of writing, the pair hovers around 0.7980, virtually unchanged.

USD/JPY gathers strength above 151.50 as BoJ rate hike uncertain
The USD/JPY pair rises to near 151.85 during the early Asian session on Wednesday. The Japanese Yen (JPY) reached its weakest level since February against the US Dollar (USD) after Sanae Takaichi's surprise win as the new leader of Japan's ruling Liberal Democratic Party (LDP).

EURUSD slumps as French political turmoil weighs on Euro
EUR/USD falls on Tuesday amid the political turmoil in France along with the US government shutdown. The Dollar which previously depreciated is posting a surprising recovery up 0.52% in the day, according to the US Dollar Index (DXY). The pair trades at 1.1654, down 0.46%.

Fed's Miran says inflation is due to population increases
Federal Reserve (Fed) Board of Governors member Stephen Miran added further to his own comments on Tuesday, expressing his belief that inflation itself is simply a cause of "population increases".

RBNZ expected to cut interest rates to 2.75% in October
The Reserve Bank of New Zealand (RBNZ) is widely expected to cut the Official Cash Rate (OCR) by another 25 basis points (bps) from 3% to 2.75% after concluding its October monetary policy meeting on Wednesday.

AUD/USD Price Forecast: Aussie holds firm above key support despite Greenback's strength
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Tuesday as renewed Greenback strength keeps the pair on the defensive.

FX Today: The FOMC Minutes takes centre stage
The US Dollar (USD) extended its weekly recovery, advancing to new two-week highs in a context domintaed by the risk-off sentiment. Meanwhile, there was no news regarding negotiations to end the ongoing US government shutdown.

Donald Trump: We will have tariffs with Canada, and Canadians will love us
US President Donald Trump addressed multiple topics on Tuesday, weaving his way through them in his typical proclamatory fashion, speaking to reporters from the White House.

EUR/JPY hits a new record high as Japanese Yen continues to weaken
EUR/JPY gains 0.30% for the day on Tuesday, trading near a new record high of 176.60.

USD/JPY extends rally to seven-month high as Yen weakens on leadership transition
The Japanese Yen (JPY) remains under downside pressure, extending its slide against the US Dollar (USD) for a second straight day on Tuesday.

GBP/USD retreats as Greenback strengthens amid US government shutdown
GBP/USD drops during the North American session after failing to clear the 50-day Simple Moving Average (SMA) of 1.3464 as the Greenback registers gains amid the ongoing US government shutdown.

Fed's Kashkari grows bullish on labor
Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari struck a more reserved tone than some of his Fed counterparts on Tuesday, cautioning that it's still too soon to be able to tell if tariff-led inflation will be "sticky" or not.

Fed's Miran insists neutral rate is far below current rates
Federal Reserve (Fed) Board of Governors member Stephen Miran made another long-winded appearance on Tuesday, reiterating that he believes any underlying inflation pressures within the US economy are entirely contained within migrant population effects, and will be solved mainly by immigration contr

NZD/USD pulls back toward 0.5800 ahead of RBNZ decision
NZD/USD retreats on Tuesday, extending consolidation below 0.5840 to trade near 0.5810 at the time of writing. Market participants turn their attention to the Reserve Bank of New Zealand's (RBNZ) monetary policy decision due on Wednesday.
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