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  1. EUR/USD steadies near 1.15 as traders scale back Fed rate-cut bets
    • Breaking news

    EUR/USD steadies near 1.15 as traders scale back Fed rate-cut bets

    • Breaking news

    EUR/USD consolidates at around 1.1480 on Wednesday, snapping five days of losses after economic data in the US prompted investors to grow less confident about a rate cut by the Federal Reserve (Fed) at the December meeting. At the time of writing, the pair trades unchanged at 1.1484.

  2. FX Today: The BoE is expected to keep its policy rate unchanged. US shutdown hits record
    • Breaking news

    FX Today: The BoE is expected to keep its policy rate unchanged. US shutdown hits record

    • Breaking news

    The US Dollar (USD) maintained its upside momentum for yet another day, navigating the area of multi-month tops amid further repricing of Fed rate cuts and the still unresolved US federal government shutdown, which is now the longest in history.

  3. WTI Crude Oil slides below $60 after EIA reports surprise inventory build
    • Breaking news

    WTI Crude Oil slides below $60 after EIA reports surprise inventory build

    • Breaking news

    West Texas Intermediate (WTI) Crude Oil extends its decline for the third consecutive day on Wednesday, slipping below the key $60.00 per barrel mark to hit a one-week low after the latest US Energy Information Administration (EIA) report showed a larger-than-expected inventory build.

  4. Gold climbs over 1% despite strong US data fueling mixed market mood
    • Breaking news

    Gold climbs over 1% despite strong US data fueling mixed market mood

    • Breaking news

    Gold (XAU/USD) price rises more than 1% on Wednesday after a slew of economic data was released in the United States (US), which strengthened the US Dollar (USD), but also the yellow metal, which trades at around $3,980 after hitting a daily low of $3,929.

  5. Dow Jones Industrial Average recovers 300 points after AI sell-off finds footing
    • Breaking news

    Dow Jones Industrial Average recovers 300 points after AI sell-off finds footing

    • Breaking news

    The Dow Jones Industrial Average (DJIA) crimped bearish flows on Wednesday, finding a near-term foothold near the 47,200 level and rising 300 points as equity markets recover following an early-week plunge in the heavily concentrated AI and tech infrastructure segments.

  6. NZD/USD rises slightly on China tariff relief amid weak NZ labor market
    • Breaking news

    NZD/USD rises slightly on China tariff relief amid weak NZ labor market

    • Breaking news

    NZD/USD recovers on Wednesday, trading around 0.5660 at the time of writing, supported by improving global trade sentiment after China announced it would suspend part of its tariffs on US agricultural goods starting November 10.

  7. Fed's Miran: ADP data was a welcome surprise
    • Breaking news

    Fed's Miran: ADP data was a welcome surprise

    • Breaking news

    Federal Reserve Governor Stephen Miran speaks about the Job market and the monetary policy for Yahoo Finance on Wednesday. He said that the ADP data was a welcome surprise and that he sees additional investment demand over time.

  8. Service-sector activity continues to expand
    • Breaking news

    Service-sector activity continues to expand

    • Breaking news

    The ISM services index rebounded to 52.4 in October amid an expansion in current activity and coming demand conditions. Service-providers reported paying higher prices as concerns around tariff-induced cost pressure continues.

  9. EUR/USD subdued as strong ISM and ADP data reinforce Fed's cautious stance
    • Breaking news

    EUR/USD subdued as strong ISM and ADP data reinforce Fed's cautious stance

    • Breaking news

    The Euro (EUR) holds firm against the US Dollar (USD) on Wednesday but remains anchored near three-month lows, as the Greenback stays broadly supported by upbeat US economic data.

  10. GBP/USD steadies after sharp drop as Reeves' tax warning sparks fiscal jitters
    • Breaking news

    GBP/USD steadies after sharp drop as Reeves' tax warning sparks fiscal jitters

    • Breaking news

    The GBP/USD holds firm on Wednesday following Tuesday's 0.90% losses due to UK's finance minister Rachel Reeves saying that she could raise taxes to meet her fiscal rules. The pair trades at 1.3028 virtually unchanged.

  11. USD/CHF steady around 0.8100 as US data offset by shutdown gloom
    • Breaking news

    USD/CHF steady around 0.8100 as US data offset by shutdown gloom

    • Breaking news

    USD/CHF trades around 0.8100 on Wednesday at the time of writing, virtually unchanged on the day after pulling back from a three-month high of 0.8124 hit earlier as data from the United States (US) supports the US Dollar (USD).

  12. USD/CAD holds near seven-month highs as strong US data reinforce Dollar strength
    • Breaking news

    USD/CAD holds near seven-month highs as strong US data reinforce Dollar strength

    • Breaking news

    The Canadian Dollar (CAD) continues to underperform against the US Dollar (USD), with USD/CAD rallying to its highest level since April 9 on Wednesday.

  13. AUD/USD steady amid US-China tariff relief, US budget concerns
    • Breaking news

    AUD/USD steady amid US-China tariff relief, US budget concerns

    • Breaking news

    AUD/USD holds steady on Wednesday, trading around 0.6480 at the time of writing, virtually unchanged on the day.

  14. USD/JPY seen range-bound between 153-154 - Scotiabank
    • Breaking news

    USD/JPY seen range-bound between 153-154 - Scotiabank

    • Breaking news

    The Japanese Yen (JPY) steadied after early strength, with sentiment and equity performance remaining key drivers as USD/JPY holds within a narrow 153-154 range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  15. GBP/USD is trading quietly above 1.30 - Scotiabank
    • Breaking news

    GBP/USD is trading quietly above 1.30 - Scotiabank

    • Breaking news

    The Pound Sterling (GBP) is also quietly consolidating in a tight range just above the psychologically important 1.30 level and finding some modest support following the release of slightly better than expected final services and composite PMI's (printing marginally above expectations in the low 50s

  16. EUR is trading flat versus USD - Scotiabank
    • Breaking news

    EUR is trading flat versus USD - Scotiabank

    • Breaking news

    The Euro (EUR) is quietly consolidating in the upper 1.14s and entering Wednesday's NA session flat against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  17. CAD slips through 1.41 - Scotiabank
    • Breaking news

    CAD slips through 1.41 - Scotiabank

    • Breaking news

    The drift lower in the Canadian Dollar (CAD) is extending this morning, leaving it as a relative underperformer on the day with a loss of 0.2% versus the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  18. USD gains stall for the time being - Scotiabank
    • Breaking news

    USD gains stall for the time being - Scotiabank

    • Breaking news

    The US Dollar (USD) is trading narrowly mixed against its major currency peers this morning. Risk sentiment retains a soft undertone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  19. GBP/JPY rebounds as BoE decision looms; BoJ minutes hint at gradual tightening
    • Breaking news

    GBP/JPY rebounds as BoE decision looms; BoJ minutes hint at gradual tightening

    • Breaking news

    The British Pound (GBP) rebounds against the Japanese Yen (JPY) on Wednesday, recovering from a sharp sell-off the previous day that followed UK Chancellor Rachel Reeves' pre-budget speech. The announcement sparked heavy selling in Sterling, pushing GBP/JPY to nearly one-month lows on Tuesday.

  20. EUR/JPY steadies as risk aversion supports Yen, Euro faces mixed data
    • Breaking news

    EUR/JPY steadies as risk aversion supports Yen, Euro faces mixed data

    • Breaking news

    EUR/JPY stabilizes around 176.50 on Wednesday at the time of writing, up 0.10% for the day, after hitting a two-week low at 175.70 earlier in the day.


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