Dollar slumps, yen surges on suspected intervention; euro. Swiss franc rise

Rachel Reeves will put £113bn of new capital investment at the forefront of the spending review and argue that the billions of investment in homes, transport and energy would only have happened under Labour. The billions unlocked by the change to the fiscal rules, which will be spent over the next parliament, will be at…

The Canadian dollar is lower on Friday. In the North American session, USD/CAD is trading at 1.3998 at the time of writing, up 0.16% on the day. On the data calendar, Canada releases retail sales and the US publishes the services and manufacturing PMIs. Canada’s retail sales expected to fall Canada’s retail sales for September…

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By RoboForex Analytical Department The EUR/USD pair extended gains for a second consecutive session, trading around 1.1727. The move reflects market concerns over a potential US government shutdown and caution ahead of key economic releases due this week. A partial shutdown of US federal agencies could begin as early as Wednesday if Congress fails to…

Elior Manier Market Analyst Elior brings over seven years of experience in financial markets to our analyst team. Since 2018, he has actively engaged in observing, charting, and trading, driven by his passion for mastering market dynamics. With a profound understanding of the geopolitical and macroeconomic forces that shape market movements, Elior focuses on analysing…