GBP/USD grapples with 1.34 as markets weigh data outlook
GBP/USD cycled just south of the 1.3400 handle to kick off the new trading week, but intraday price action flubbed the key price level, closing back below the round figure barrier after cautionary statements from Federal Reserve (Fed) Chair Jerome Powell trimmed rate cut expectations and bolstered the Greenback.
USD/CAD trades stronger above 1.3500 as Fed’s Powell signals a slow approach to rate cuts
The USD/CAD pair gathers strength to near 1.3525 during the early Asian session on Tuesday.
BOJ cuts rates to 6.5 per cent
The Bank of Jamaica (BOJ) announced today that it dropped its key policy rate by 25 basis points to 6.5 per cent, marking its second rate cut since the start of its expansionary policy in August.  The rate takes effect tomorrow, Tuesday,...
EUR/USD churns in familiar territory ahead of EU inflation print
EUR/USD cycled familiar territory to kick off the new trading, holding north of the 1.1100 handle but failing to find any new territory on the high end.
Israel announces ground operation in Lebanon
Israel announced a “limited” ground operation against Hezbollah targets in the border area of southern Lebanon, sending its soldiers across the border, per local news agency Aljazeera.
Large Manufacturing Index remains unchanged at 13.0 in the third quarter (Q3) of 2024 – Tankan survey
Business confidence at large manufacturers in Japan remained steady in the third quarter (Q3) of 2024, according to the Bank of Japan's quarterly Tankan survey on Tuesday.
BoJ Summary of Opinions: Member indicates readiness to adjust degree of easing if outlook is realized
The Bank of Japan (BoJ) published the Summary of Opinions from its September monetary policy meeting on September 19 and 20, with the key findings noted below.
NZD/USD weakens below 0.6350 on US Dollar recovery, eyes on US PMI data
The NZD/USD pair trades on a softer note around 0.6340, snapping the three-day winning streak during the early Asian session on Tuesday.
Japan’s Suzuki: Forex levels should be determined by markets
Japan’s Finance Minister Shunichi Suzuki said on Tuesday that the foreign exchange (FX) level should be determined by markets.
USD/JPY bulls look seize control above 144.00, focus remains on key US macro data
The USD/JPY pair is seen building on the overnight goodish bounce from the 141.65 area, or a nearly two-week low and gaining traction for the second straight day on Tuesday.
Australia’s Retail Sales rise 0.7% in August vs. 0.4% expected
Australia’s Retail Sales, a measure of the country’s consumer spending, rose 0.7% MoM in August after staying unchanged in July, the official data published by the Australian Bureau of Statistics (ABS) showed on Tuesday.
last updated on 1 Oct 02:19