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Wednesday, 14 October 2026

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Euro softens below 1.1250 on France’s fiscal risk

The EUR/USD pair loses momentum to around 1.1245 during the early Asian session on Monday. The Euro (EUR) weakens against the US Dollar (USD) amid fears over France's shaky fiscal trajectory. The US ISM Services Purchas…

Russia vows to step up strikes on Ukraine

Russian Defense Ministry said that it would intensify attacks on Ukraine’s military and industrial facilities following a vow from President Volodymyr Zelenskyy to double down on strikes against oil refineries, Bloomber…

OPEC+ agrees to keep oil output policy unchanged for November

The Organization of Petroleum Exporting Countries and its allies (OPEC+) agreed on Sunday to keep oil production ‌targets steady for November. This move came in line with expectations that further output policy adjustme…

Mexican Peso rebounds but carry trade exodus still bites

The Mexican Peso (MXN) recovers some ground versus the US Dollar (USD) on Friday, gaining 0.5%, but it remains poised to end the week with a 3% loss as investors exit the 'carry trade' amid a narrowing of the interest r…

Gold fails at $4,200 despite NFP miss as US yields climb

Gold prices dropped on Friday, with the yellow metal struggling to decisively break the $4,200 milestone. The precious metal is down nearly 1% as US Treasury yields edge higher following a less-than-stellar US employmen…

RBI to keep tightening risks alive – MUFG

MUFG analysts Lin Li, Michael Wan, Lloyd Chan and Khang Sek Lee highlight that Asia FX will be driven by the Reserve Bank of India’s (RBI) finely balanced decision on 7 October. They expect RBI to keep rates on hold but…

Canada labour market: Tariff effects assessed – RBC

Royal Bank of Canada analysts review Canada’s September labour report, the first full dataset since U.S. Section 338 tariffs took effect. They estimate around 0.4% of Canada’s GDP and employment is tied to tariff-listed…

Swiss Franc emerges as a safe-haven as global bonds sell off

The Swiss Franc (CHF) is emerging as a safe haven amid the global government bonds sell-off, showing a surprising comeback against an otherwise firm US Dollar (USD) this week, as Switzerland's sound fiscal position stan…

British Pound rebounds as NFP knocks out October Fed hike bets

The Pound Sterling (GBP) rises by over 0.41% against the US Dollar (USD) on Friday, as the US Unemployment Rate rises amid a worse-than-expected Nonfarm Payrolls report for September. At the time of writing, GBP/USD tra…