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Japan's Katayama: Closely watching FX moves with a high sense of urgency.
Japan's Finance Minister Satsuki Katayama intervened verbally on Friday, noting that it was "important for currencies to move in a stable manner, reflecting fundamentals."

EUR/USD defends 1.1550-40 support as USD consolidates post-FOMC gains, lacks follow-through
The EUR/USD pair attracts some dip-buyers during the Asian session on Friday and, for now, seems to have snapped a two-day losing streak back closer to the monthly low, around the 1.1550-1.1540 horizontal support.

PBOC sets USD/CNY reference rate at 7.0880 vs. 7.0864 previous
Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.0880 compared to the previous day's fix of 7.0864 and 7.1171 Reuters estimate.

USD/JPY trades below 154.00 as Tokyo CPI figures remain above BoJ's target
USD/JPY edged lower after reaching an eight-month high of 154.45 in the previous session, trading around 153.80 during the Asian hours on Friday. The pair loses ground as the Japanese Yen (JPY) advances following Tokyo Consumer Price Index (CPI) and Retail Trade data.

GBP/USD tests six months lows as Pound Sterling continues to sink
GBP/USD fell again on Thursday, grinding down toward the 1.3100 handle and tipping into six month lows at 1.3116. The Pound Sterling (GBP) continues to shed weight against the US Dollar (USD), and is down over 2% against the Greenback through the month of October alone.

AUD/USD Price Forecast: Slips below 0.66 on US Dollar strength
The AUD/USD ended Thursday session with losses of 0.31%, beneath the 0.6600 figure after reaching a two-week high of 0.6617 following a red-hot inflation report two days ago that increased the chances that the Reserve Bank of Australia (RBA) would likely keep rates unchanged.

EUR/USD sinks below 1.16 as Fed's hawkish cut and ECB hold weigh on Euro
EUR/USD retreats on Thursday as the European Central Bank (ECB) decided to hold rates unchanged, but traders, still digesting the 'hawkish' cut by the Federal Reserve (Fed) on Wednesday, kept the shared currency below the 1.1600 figure. The pair trades at 1.1565, down 0.30%.

FX Today: Inflation data in Japan and the Euroland gather all the attention
The US Dollar (USD) added to Wednesday's post-Fed strong rebound and climbed to fresh two-month highs as market participants continued to assess the Fed's rate cut, the cautious approach from Chief Powell, and the lack of progress over a deal to end the federal government shutdown.

USD/CHF steady near two-week high amid Fed caution and dovish SNB remarks
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Thursday, with USD/CHF extending its advance to a two-week high around 0.8026, as the Greenback strengthens broadly following the Federal Reserve's (Fed) latest interest rate decision and renewed optimism over a US-China trade truce.

Dow Jones Industrial Average steadies as markets digest Fed stance
The Dow Jones Industrial Average (DJIA) held in place on Thursday, churning chart paper near record highs as investors reconsidered their stance following the Federal Reserve's (Fed) latest appearance.

Gold jumps as Fed cut offsets Powell's hawkish tone
Gold price rallies over than 1.50% on Thursday after the Federal Reserve (Fed) reduced rates as expected despite Chair Jerome Powell's hawkish comments at the press conference. Falling US Treasury yields and geopolitics boosted the yellow metal, which trades at $3,995 at the time of writing.

New Zealand Dollar retreats as USD strength overshadows ANZ sentiment gains
NZD/USD trades around 0.5740 on Thursday at the time of writing, down 0.37% on the day, after briefly approaching a key resistance area at 0.5800 on Wednesday.

USD/JPY extends rally to February highs, focus shifts to Japan CPI and retail data
The Japanese Yen (JPY) slumps across the board on Thursday, with USD/JPY rallying to an eight-and-a-half-month high after the Bank of Japan (BoJ) left interest rates unchanged at 0.50%. At the time of writing, the pair is trading around 154.16, up nearly 0.90% on the day.

WTI steadies near $60 as markets digest US-China truce, Rosneft sanctions
West Texas Intermediate (WTI) US Oil gains 0.24% on Thursday, trading around $60.40 at the time of writing, as prices continue to consolidate around $60 level since Tuesday.

AUD/USD weakens as US Dollar gains on trade truce, hawkish Fed comments
AUD/USD weakens on Thursday to around 0.6550 at the time of writing, down 0.40% for the day.

GBP/USD sinks below 1.32 as Powell's "hawkish cut" strengthens Dollar
GBP/USD extended its losses for the third straight day, dives over 0.25% as traders push the exchange rate below the 1.3200 handle, following the Fed "hawkish" rate cut as the Chairman Jerome Powell poured cold water of a reduction in the December's meeting.

Silver is tightening again - TDS
The market remains fearful of another silversqueeze event down the corner, TDS' Senior Commodity Strategist Daniel Ghali notes.

Silver Price Forecast: XAG/USD steadies above 50-day SMA after sharp 16% correction
Silver (XAG/USD) extends its recovery for the third consecutive session on Thursday, trading near $48.70, up nearly 2.40% on the day, as buyers return after defending the $45.00-$46.00 demand zone.

Lagarde speech: Some of downside risks to growth have abated
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the October policy meeting and responds to questions from the press.

EUR/GBP holds firm as ECB decision contrasts with UK economic challenges
The EUR/GBP pair trades around 0.8800 on Thursday at the time of writing, consolidating near its highest level since May 2023, after the European Central Bank (ECB) decided to leave interest rates unchanged.
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