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CNY: Who cares about fundamentals - Commerzbank
This morning's monthly data from China offered both light and shade, with the hope of stabilisation at a low level following the stimulus measures of recent months perhaps slightly outweighing.
Risk of an early halt to Russian gas deliveries to Austria - Commerzbank
The European gas market is in turmoil: after an arbitration court awarded an Austrian energy company a large sum in compensation in a dispute with its Russian supplier, the former wants to offset the claim immediately, Commerzbank's commodity analyst Barbara Lambrecht notes.
JPY: Waiting for Ueda - Commerzbank
Although this morning's third quarter GDP figures came in a little better than analysts were expecting according to the Bloomberg survey, a closer look leaves something to be desired.
GBP/JPY declines as stronger growth data from Japan lifts the Yen
GBP/JPY trades lower by about a third of a percent, in the 197.10s on Friday, after the release of weak UK economic growth data led to a depreciation of the Pound Sterling (GBP).
US Dollar retreats as traders opt to take profits following Trump trade rally
The US Dollar (USD) declines on Friday, breaking a streak of five trading days of gains, as traders engage in profit-taking after the Trump-led rally pushed the Greenback to reach on Thursday its highest level this 2024.
US: Republican swings - UBS
In the past few days, the US economy has soared to new heights of economic prosperity--in the reported perception of Republican voters.
EUR/USD recovers with profit-taking in the Dollar bull run at the end of the week
EUR/USD slightly recovers on Friday after a brief test of the 1.0500 level the prior day. The pair has eased nearly 1.5% so far this week as markets have priced in more Trump trade effects. That move is now facing some profit-taking after a five-day losing
GBP: EUR/GBP outlook remains soft - ING
UK GDP is a bit disappointing, owing to a surprise fall in activity during September.
The natural rate gap continues to drag the euro down - Societe Generale
The neutral (or natural) rate of interest is both one of the more fashionable and most frustrating ideas in central bank watching.
USD/CNH: Next resistance above 7.2800 is at 7.3115 - UOB Group
The US Dollar (USD) is likely to trade in a range, probably between 7.2350 and 7.2700.
EUR: Key support at 1.050 is waiting - ING
EUR/USD tested 1.050 yesterday and then briefly rebounded before coming under pressure again around the 1.0580 area.
USD/JPY: The levels to monitor are 157.00 and 157.50 155.36 - UOB Group
The US Dollar (USD) is likely to continue to rise; the levels to monitor are 157.00 and 157.50.
USD: Moderately hawkish remarks by Powell - ING
The US Dollar (USD) is testing the limit of stretched positioning, but macro developments have so far failed to offer any real catalyst for a substantial unwinding of the greenback's longs.
Gold stabilizes after bouncing off 100-day moving average
Gold (XAU/USD) trades little changed on Friday, holding steady in the $2,560s after making a slight recovery from the two-month lows reached on the previous day.
USD/SGD: Bearish divergence? - OCBC
USD/SGD's advancement came close to 1.3490 but eased this morning.
NZD/USD: Outlook for NZD remains negative - UOB Group
The New Zealand Dollar (NZD) is expected to continue to weaken; given the deeply oversold conditions, it remains to be seen if 0.5815 will come into view.
EUR/USD: Consolidation is on the roll - OCBC
The Euro (EUR) fell below 1.05 overnight but the dip was brief.
AUD/USD: The next level to watch is 0.6400 - UOB Group
Provided that 0.6490 remains intact, the Australian Dollar (AUD) could decline further; the major support at 0.6400 is unlikely to come into view.
DXY: May enter into consolidation - OCBC
The US Dollar (USD) continued to hover near recent highs amid Trump policy uncertainty, a possible return to US exceptionalism and less dovish Fedspeaks.
GBP/USD: Set to retest the 1.2630 level - UOB Group
Scope for the Pound Sterling (GBP) to retest the 1.2630 level; the major support at 1.2615 is unlikely to come under threat.
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