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FX option expiries for Oct 15 NY cut
FX option expiries for Oct 15 NY cut at 10:00 Eastern Time via DTCC can be found below.

Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session. WTI trades at $58.19 per barrel, down from Tuesday's close at $58.22.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $62.00 after its previous daily close at $62.07.

EUR/GBP weakens to near 0.8700, French government plans to postpone pension reforms
The EUR/GBP cross drifts lower to around 0.8705 during the early European session on Wednesday. The Euro (EUR) remains weak against the Pound Sterling (GBP) after France's President Emmanuel Macron reappointed Sébastien Lecornu as Prime Minister.

Silver Price Forecast: XAG/USD rebounds toward $52.50 within overbought zone
Silver price (XAG/USD) trades around $52.30 per troy ounce during the Asian hours on Wednesday after recovering losses registered in the previous session.

USD/CHF drops to near 0.8000 as US Dollar slides further
The USD/CHF pair falls to near 0.8000 during the late Asian trading session on Wednesday. The Swiss Franc pair faces selling pressure as the US Dollar (USD) extends its downside, following comments from Federal Reserve (Fed) officials signaling the need for more interest rate cuts.

EUR/CAD Price Forecast: Seem poised to retest multi-year top, around 1.6400
The EUR/CAD cross is seen building on its recent bounce from the 1.6170-1.6175 area, or a three-week low touched last Friday, and gaining traction for the second straight day.

AUD/JPY Price Forecast: Bullish tone prevails, first upside barrier emerges near 99.50
The AUD/JPY cross holds steady near 98.50 during the early European trading hours on Wednesday. Renewed trade tensions between the US and China, and persistent geopolitical tension might underpin safe-haven currencies like the Japanese Yen (JPY) and cap the upside for the cross.

USD/INR tumbles at open on possible RBI's intervention
The Indian Rupee (INR) advances significantly at open against the US Dollar (USD) on Wednesday. The USD/INR pair posts a fresh three-week low near 88.10 as the US Dollar extended its weakness, with Federal Reserve (Fed) dovish expectations returning under the spotlight.

EUR/JPY falls to near 175.50 due to increased safe-haven demand
EUR/JPY depreciates after registering little gains in the previous session, trading around 175.70 during the Asian hours on Wednesday.

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

US Dollar Index (DXY) remains depressed below 99.00; seems vulnerable to slide further
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen extending the overnight pullback from the vicinity of its highest level since early August, touched last week, and drifts lower for the second straight day.

EUR/USD strengthens above 1.1600 as Fed's Powell keeps door open for rate cuts
The EUR/USD pair gains ground to near 1.1620 during the Asian trading hours on Wednesday. The US Dollar (USD) softens against the Euro (EUR) after remarks from Federal Reserve (Fed) Chair Jerome Powell bolstered wagers on an interest rate cut this month.

Gold extends record-setting rally amid flight to safety, Fed rate cut bets, weaker USD
Gold (XAU/USD) touches a fresh all-time peak during the Asian session on Wednesday, with bulls now eyeing a move towards conquering the $4,200 round figure amid the global anxiety.

GBP/USD rises to near 1.3350 due to rising Fed rate cut bets
GBP/USD recovers its losses registered in the previous two successive sessions, trading around 1.3350 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) declines on the increased likelihood of further rate cuts by the Federal Reserve (Fed) in 2025.

S&P affirms credit rating to New Zealand
The S&P Global Ratings on Wednesday affirmed New Zealand's AA+/A-1+ foreign currency and AAA/A-1+ local currency ratings.

USD/CAD remains below 1.4050 due to dovish Fedspeak
USD/CAD loses ground after two days of gains, trading around 1.4030 during the Asian hours on Wednesday. The pair loses ground as the US Dollar (USD) declines after the dovish Fedspeak.

WTI remains subdued near $58.00 due to Oil oversupply outlook, US-China trade tensions
West Texas Intermediate (WTI) Oil price moves little after registering more than 1.5% losses in the previous session, trading around $58.10 during the Asian hours on Wednesday. Crude Oil prices declined as the International Energy Agency (IEA) warned of an Oil supply surplus in 2026.

Japanese Yen climbs further amid safe-haven demand; political risks could cap gains
The Japanese Yen (JPY) remains on the front foot against its American counterpart for the second successive day on Wednesday, though it lacks bullish conviction amid a mixed fundamental backdrop.

Australian Dollar moves little following China's CPI data release
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, recovering its recent losses registered in the previous session.

NZD/USD holds positive ground above 0.5700 as China's deflation eases in September
The NZD/USD pair gains ground near 0.5720 during the Asian trading hours on Wednesday. Nonetheless, softer-than-expected Chinese consumer prices and rising trade tensions between the United States and China might cap the upside for the China-proxy New Zealand Dollar (NZD).
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