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EUR/JPY Price Forecast: Targets 177.00 support near nine-day EMA
EUR/JPY halts its five-day winning streak, trading around 177.20 during the European hours on Tuesday. The technical analysis of the daily chart indicates the prevailing bullish bias as the currency cross moves within the ascending channel pattern.

US President Trump: Expresses healthy trade relations with Japan
United States (US) President Donald Trump said on Tuesday that Japanese automaker Toyota is going to set up automobile plants in the US.

EUR/GBP edges higher to near 0.8750 due to cautious ECB policy outlook
EUR/GBP gains ground after registering slight losses in the previous session, trading around 0.8740 during the European hours on Tuesday.

Pound Sterling outperforms on risk-on market sentiment
The Pound Sterling (GBP) trades higher against its major currency peers, except second-level safe-haven ones, on Tuesday. The British currency gains as global market sentiment has improved due to growing expectations that the United States (US) and China will reach a trade deal soon.

Forex Today: USD weakens, Gold slumps below $4,000 as risk flows dominate
Here is what you need to know on Tuesday, October 28:

Japan's Katayama: Confirms no direct talks with Bessent on the direction of monetary policy
Japan's Finance Minister Satsuki Katayama said on Tuesday that Tokyo will unveil the detailed plan of $550 billion investment in the United States (US).

Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $60.89 per barrel, down from Monday's close at $61.37.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $64.68 after its previous daily close at $65.16.

WTI falls to near $61.00 on OPEC's plan to raise output
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $61.00 during the early European trading hours on Tuesday.

FX option expiries for Oct 28 NY cut
FX option expiries for Oct 28 NY cut at 10:00 Eastern Time via DTCC can be found below.

AUD/JPY Price Forecast: Crucial upside barrier emerges near 100.00
The AUD/JPY cross slumps to around 99.55 during the early European session on Tuesday.

US Dollar Index Price Forecast: Tests lower ascending channel boundary around 98.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second consecutive day and trading around 98.60 during the Asian hours on Tuesday.

GBP/JPY slides below 203.00 as JPY gains strong traction on intervention speculation
The GBP/JPY cross attracts some selling during the Asian session on Tuesday and for now, seems to have snapped a three-day winning streak to the 204.25 region, or a nearly three-week high touched the previous day.

GBP/USD gathers strength above 1.3350 on Fed rate cut hopes
The GBP/USD pair gains ground to near 1.3365 during the early European session on Tuesday. The US Dollar (USD) weakens against the Pound Sterling (GBP) amid the expectation that the Federal Reserve (Fed) will cut interest rates in the monetary policy announcement on Wednesday.

EUR/USD extends winning streak as US Dollar falls further ahead of Fed's monetary policy
The EUR/USD extends its winning streak for the fifth trading day on Tuesday. The major currency pair posts a fresh weekly high near 1.1670 as the US Dollar (USD) underperforms its peers ahead of the monetary policy announcement by the Federal Reserve (Fed) on Wednesday.

USD/INR rises further Indian Rupee weakens on rising oil price
The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Tuesday. The USD/INR jumps to near 88.60 as the Indian Rupee underperforms due to a recovery move in the Oil price seen in the past week.

USD/CHF holds losses below 0.7950 due to diminished odds of SNB's policy easing
USD/CHF loses ground for the fourth successive session, trading around 0.7940 during the Asian hours on Tuesday. The pair faces challenges as the Swiss Franc (CHF) strengthened on decreasing expectations of further policy easing by the Swiss National Bank (SNB).

India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.

NZD/USD climbs to three-week high, eyes 0.5800 amid trade optimism and softer USD
The NZD/USD pair prolongs its recent recovery move from the 0.5685-0.5680 region, or the lowest level since April, touched last week, and climbs to a nearly three-week high during the Asian session on Tuesday.

EUR/JPY weakens to near 177.50 as US and Japan sign deal to secure rare earths supply
The EUR/JPY cross loses ground to near 177.60, snapping the five-day winning streak during the Asian trading hours on Tuesday.

Silver Price Forecast: XAG/USD slips below $47.00 due to optimism over US-China trade deal
Silver price (XAG/USD) remains subdued for the third successive session, trading around $46.80 per troy ounce during the Asian hours on Tuesday.
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