Saturday, 10 October 2026
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Precious metals traded in a narrow range as investors digested the Federal Reserve's first rate increase since 2023 and gauged whether inflation pressures have truly eased.
Australian Securities Exchange CEO Anthony Attia has appointed Keir Barnes, a departing Dexus executive, to lead the exchange's finance function while simultaneously expanding the scope of its clearing and settlement operations role.
The dollar index shed 0.47% on May 29, 2025, as a surge in jobless claims and a downward revision to core PCE inflation weighed on the currency, while a trade court ruling on Trump tariffs provided only brief initial support.
OCBC's latest currency commentary notes that while the Central Bank of China struck a mildly hawkish note, capital flows remain the dominant force shaping the Taiwan Dollar's trajectory.
A Citigroup trader based in Korea advises clients to buy the won around the 1,400-per-dollar mark, arguing that the currency's recent slide is temporary and that the country's semiconductor-driven growth will power a recovery by year-end.
The euro ticked higher past the 1.1450 mark as a pullback in U.S. Treasury yields and a dip in crude oil prices provided modest tailwinds for the single currency.
The US dollar climbed to a 1.5-month peak on Wednesday as the Federal Reserve lifted its benchmark rate by 25 basis points and signaled further tightening ahead, sending the euro and yen lower while precious metals initially rallied before reversing in post-market trade.
FPFX Tech has integrated Tickblaze's trading interface with its PropAccount back-office system, giving prop firms a new platform option while keeping rule enforcement and account management centralized.
Gold prices steadied after a two-day slide as persistently elevated oil prices stoked inflation worries, reinforcing expectations that the Federal Reserve will raise rates at its Wednesday meeting.
Bullion prices retreated as escalating disruptions to Middle East crude flows pushed oil higher, reinforcing market expectations that the Federal Reserve could deliver a rate hike as early as this week.
The Japanese yen has come under pressure as market participants increasingly price in the possibility of another Federal Reserve rate increase, widening the interest-rate gap between the two major economies.
A unit of Chinese e-commerce giant JD.com has agreed to a $500,000 settlement with the US Securities and Exchange Commission, resolving allegations that it inflated reported revenue through fabricated transactions across multiple quarters beginning in late 2022.
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