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Pound Sterling weakens as UK core inflation surprisingly cools down
The Pound Sterling (GBP) faces intense selling pressure against its major peers on Wednesday after the release of the United Kingdom (UK) Consumer Price Index (CPI) data for September.

AUD/JPY Price Forecast: Retains positive bias above 98.50 amid fiscal expansion bets
The AUD/JPY cross extends its upside to around 98.80 during the early European session on Wednesday.

EUR/GBP rises to near 0.8700 following UK CPI data
EUR/GBP appreciates after three days of losses, trading around 0.8700 during the Asian hours on Wednesday.

FX option expiries for Oct 22 NY cut
FX option expiries for Oct 22 NY cut at 10:00 Eastern Time via DTCC can be found below.

Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $58.23 per barrel, up from Tuesday's close at $57.56.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $61.39 price posted on Tuesday, and trading at $62.08.

Silver Price Forecast: XAG/USD recovers to near $49.00 on US-China trade concerns
Silver price (XAG/USD) rebounds to near $49.00 during the late Asian trading session on Wednesday after attracting bids around the fresh two-week low at $47.53 posted earlier in the day.

US Dollar Index weakens below 99.00, US-China trade talks in focus
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 98.90 during the early European session on Wednesday. The DXY weakens after three consecutive days of gains amid the ongoing US federal shutdown.

USD/CHF clings to gains near 0.7970, focus shifts to US CPI data
The USD/CHF pair trades firmly near Tuesday's high around 0.7970 during the Asian trading session on Wednesday. The Swiss Franc pair exhibits strength as the US Dollar (USD) trades broadly firm on hopes that the United States (US) and China will reach a trade deal soon.

EUR/JPY treads water above 176.00 ahead of speeches from ECB officials
EUR/JPY moves little after registering gains in the previous session, trading around 176.20 during the Asian hours on Wednesday. The pair steadies as traders adopt caution ahead of a series of speeches from European Central Bank (ECB) officials this week for clues on the policy outlook.

India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.

BoJ poised to hike interest rates in Q4 -- Reuters poll
The Bank of Japan (BoJ) will raise its key interest rate in either October or December, according to the majority of economists polled by Reuters. Nearly 96% of economists expect borrowing costs to increase at least 25 basis points (bps) by the end of March.

Japan's Takaichi reportedly preparing economic package to tackle inflation
Japanese Prime Minister Sanae Takaichi ordered a new package of economic measures aimed at easing the burden of inflation on households and companies, Bloomberg reported on Wednesday.

GBP/USD stays below 1.3400 as UK borrowing exceeds forecasts in H1
GBP/USD loses ground for the fourth consecutive session, trading around 1.3380 during the Asian hours on Wednesday. The pair face challenges ahead of the United Kingdom's (UK) Consumer Price Index (CPI) and Retail Price Index data for September.

NZD/USD aims to extend recovery above 0.5750 ahead of Bessent-He meeting
The NZD/USD pair strives to extend its recovery move above the immediate hurdle of 0.5750 during the Asian trading session on Wednesday.

EUR/USD strives to gain ground near 1.1600, outlook remains uncertain
The EUR/USD pair attempts to stabilize around 1.1600 during Wednesday's Asian session, following a three-day losing streak.

USD/CAD falls to near 1.4000 as Oil prices extend gains on falling stockpiles
USD/CAD extends its losses for the second successive session, trading around 1.4000 during the Asian hours on Wednesday. The pair loses ground as the commodity-linked Canadian Dollar (CAD) receives support from the higher Oil prices.

Gold falls amid easing trade tensions, profit-taking
Gold price (XAU/USD) tumbles below $4,100 during the Asian trading hours on Wednesday.

Japanese Yen advances following Trade Balance data
The Japanese Yen (JPY) advances against the US Dollar (USD) on Wednesday after three days of losses. The USD/JPY pair depreciates as the JPY gains ground following the release of Japan's Merchandise Trade Balance Total data.

UK CPI expected to rise in September, supporting BoE's hawkish stance
The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly relevant Consumer Price Index (CPI) data for September on Wednesday at 06:00 GMT, with markets expecting an uptick in inflationary pressures.

China's Commerce Ministry: Will actively resolve concerns about development
China's Commerce Ministry said on Wednesday that it "will actively resolve concerns about development in China."
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