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Wednesday, 21 October 2026

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Economy

Gold bulls defy US yield spike as Treasury buyback nears

Gold (XAU/USD) rises over 1% on Wednesday, even as the US Dollar (USD) trims some of its earlier losses, after the US Treasury Department announced a bond buyback for the September 10 auction of 10- and 20-year instrume…

Forex Today: Attention shifts to the ECB and US PPI

The US Dollar (USD) navigated a bearish range on Wednesday, gathering some pace soon after the US Treasury announced a buyback of up to $6 billion in 10- to 20-year T-bonds.

Christine Lagarde: The choice facing Europeans

More than two centuries ago, the poet Johann Paul Friedrich Richter described Berlin as “more a part of the world than a city”.[1] History would prove him right.

Why is Cognyte Software stock surging today?

Cognyte shows double-digit revenue growth, faster-rising software and recurring mix, and reaffirms its Fiscal 2027 outlook while maintaining a debt-free balance sheet.

Flooring firm goes into administration

Birmingham-based Headlam said it had also closed 28 of its 76 trade counters, but that it would continue to trade while a restructuring takes place.

Is Warsh Setting Up a Policy Error?

Bill Dudley started his career on Wall Street at Goldman Sachs as its chief U.S. economist, notably advising bond traders on the economy and inflation, and what the Federal Reserve would be likely to do on interest rate…

Japanese Yen: Supported by policy shift expectations – MUFG

MUFG’s Lee Hardman notes that the Japanese Yen (JPY) has strengthened, driving USD/JPY back towards 153.00, as comments from US Treasury Secretary Scott Bessent reinforce expectations of policy changes in Japan. The ban…

EUR/USD Price Forecast: 1.1686-1.1710 zone remains key hurdle

The Euro (EUR) gives back its early gains and flattens at around 1.1625 against the US Dollar (USD) during the European trading session on Wednesday. The major currency pair falls back as the US Dollar recovers its earl…