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Schwab sees stronger prospects for industrials, and materials as consumer confidence falters

Indonesian Rupiah moves little as US Dollar (USD) remains steady amid safe-haven demand

USD/IDR remains steady after registering minor gains in the previous day, trading around 17,930 during the European hours on Tuesday.

Monero Price Forecast: XMR tests bullish breakout of key resistance amid third stressnet release

Monero (XMR) holds steady above $560 at press time on Monday, sustaining its roughly 3% gains from the previous day. Monero announced the v3.0 release of Full-Chain Membership Proofs (FCMP++) and its ...

Swiss Franc weakens as US Dollar (USD) gains on escalating geopolitical conflicts

USD/CHF extends its gains for the second successive day, trading around 0.8320 during European hours on Tuesday. The pair is moving higher as the US Dollar (USD) gains momentum, largely driven by a su ...

Forex Today: US Dollar clings to bullish stance ahead of mid-tier data releases

Here is what you need to know on Tuesday, October 6:

Swiss Franc: Range-bound within 0.8245–0.8365 band against US Dollar – UOB

United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann describe USD/CHF as consolidating after failing to extend lower, with Monday’s session confined to a narrow range around 0.8310. I ...

Is the Eurozone debt crisis coming back to haunt the Euro?

The euro is once again trading as if fiscal fragmentation matters more than the relative strength of the European economy.

Measles outbreak: New York declares disaster emergency as cases rise

Turkish Lira: CPI surprise seen enabling rate cut – Commerzbank

Tatha Ghose at Commerzbank reports Turkey’s September Consumer Price Index (CPI) fell below 30% year-on-year, with softer month-on-month gains, creating scope for the central bank to cut rates by 100 ...

ECB’s Lane: High inflation due to energy shock is driving hawkish ECB sentiment

European Central Bank (ECB) Chief Economist Philip Lane said in an interview with ANSA, released during the European trading session on Tuesday, that energy shock-led inflationary pressures are key dr ...

World Bank Warns Asia Is Running Out of Money to Fight Energy Shock

Asian countries have responded more aggressively than others to the energy supply crunch caused by the U.S. and Israeli war on Iran and now they are running out of resources to continue their response ...

Equities: Broad catch-up as yields back up – Danske Bank

Danske Research Team report that Equities moved higher on Monday, with the Nasdaq hitting a fresh record and the S&P 500 just 0.3% below its own peak. Gains occurred despite another backup in long‑ter ...