Pound Sterling declines against US Dollar despite partial US government shutdown
The Pound Sterling (GBP) trades 0.3% lower to near 1.3440 against the US Dollar (USD) during the European trading session on Monday.
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Eurozone Sentix Investor Confidence: -5.4 (October) vs -9.2
Eurozone Sentix Investor Confidence: -5.4 (October) vs -9.2 -
United Kingdom S&P Global Construction PMI came in at 46.2, above forecasts (46.1) in September
United Kingdom S&P Global Construction PMI came in at 46.2, above forecasts (46.1) in September -
AUD/USD and NZD/USD Hold Firm, More Upside Moves On The Way?
AUD/USD started a fresh increase above 0.6550 and 0.6575. NZD/USD is also rising and might aim for more gains above 0.5840. Important Takeaways for AUD USD and NZD USD Analysis Today The Aussie Dollar started a decent increase above 0.6575 against the US Dollar. There is a key declining channel forming with resistance at 0.6615 […]
The post AUD/USD and NZD/USD Hold Firm, More Upside Moves On The Way? appeared first on Action Forex.
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ECB’s Lane: Shifts in risk distribution matter for rate decisions
European Central Bank (ECB) Chief Economist Philip Lane said on Monday that they will remain attentive to shifts in the risk distribution when taking interest rate decisions, per Reuters. -
Aston Martin shares fall 10% as luxury carmaker issues fresh profit warning on tariff turmoil
Britain’s Aston Martin on Monday warned of a steeper full-year loss than market consensus, citing U.S. tariff turbulence. -
USD/CAD Price Forecast: Hovers around 1.3950, lower boundary of ascending channel
USD/CAD remains subdued for the second successive session, trading around 1.3950 during the European hours on Monday. The technical analysis of the daily chart suggests the weakening of the bullish bias as the pair is attempting to break below the ascending channel pattern. -
Japanese Yen remains pressured as Takaichi’s LDP election win dims BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from the lowest level since August, touched against its American counterpart earlier this Monday, though maintains its heavily offered tone through the first half of the European session. -
New French PM Lecornu resigns – BFM TV
Citing unidentified government sources, BFM TV announced early Monday that French Prime Minister Sebastien Lecornu has resigned, per Reuters. -
France’s new PM resigns as political chaos continues
France’s new Prime Minister Sebastien Lecornu has resigned just weeks after his appointment to the role, plunging the country into a fresh political crisis.
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