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Uber says it’s offering drivers ways to make money when not ferrying around passengers.
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United States EIA Natural Gas Storage Change registered at 80B above expectations (76B) in October 10
United States EIA Natural Gas Storage Change registered at 80B above expectations (76B) in October 10 -
JPY underperforming on broader market tone – Scotiabank
The Japanese Yen (JPY) is soft, down 0.2% against the US Dollar (USD) and underperforming all of the G10 currencies in an environment of renewed risk appetite, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
GBP is outperforming on stronger trade – Scotiabank
The Pound Sterling (GBP) is up 0.3% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Thursday’s NA session with gains driven by the release of stronger than expected domestic data, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
EUR/USD: Markets price in renewed political stability in France – Scotiabank
The Euro (EUR) is up a marginal 0.1% against the US Dollar (USD) and a mid-performer among the G10 currencies, quietly consolidating in the mid/upper-1.16s as market participants focus on political developments in France and the prospect of renewed stability, Scotiabank’s Chief FX Strategists Shaun -
CAD holds narrow range – Scotiabank
It’s another day of limited movement for the Canadian Dollar (CAD) with the US Dollar (USD) plying a familiar range in the low 1.40 region, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
USD edges lower, Gold rally extends – Scotiabank
The US Dollar (USD) is marginally softer, notching up a third day of losses in Dollar Index (DXY) terms, Scotiabank’s Chief FX Strategists Shaun Osborne and Eric Theoret report. -
Knocked from serious resistance
S&P 500 was accepted above 6,720s resistance, reaching through 6,765 – rejected on China headline, and didn‘t stop at 6,665 resistance turned support. -
USDCHF technicals: The sellers turned to buyers but overhead resistance is doing its job.
The USDCHF moved lower during the Asian-Pacific session, briefly breaking below a lower swing area between 0.7938 and 0.7947. However, downside momentum quickly faded, and the price rotated back higher. On the rebound, sellers stepped in near another key swing area between 0.7986 and 0.7994, capping the move with a high of 0.7984 before the pair turned lower again.
That 0.7986–0.7994 zone remains the key barometer for short-term control. Staying below keeps the sellers in command, while a decisive move above would shift the bias back to the upside and open the door for renewed bullish momentum.
This article was written by Greg Michalowski at investinglive.com.
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South Korea’s Kospi hits record high on trade deal optimism, IMF growth forecast upgrade
The IMF raised its growth projection for the global economy as the impact of U.S. tariffs on was “at the modest end of the range.”
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