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Euro: Downside risks persist toward 1.1140 against US Dollar - UOB

UOB strategists Quek Ser Leang and Lee Sue Ann highlight renewed EUR/USD selling, with the pair dropping to 1.1164 before closing at 1.1195. While downside momentum has cooled, the Euro (EUR) remains vulnerable as long as resistance near 1.1265 holds.

Source Fxstreet1791440494
Bitcoin Drops Below $83,000 as US Government Transfers Over 10,000 BTC, Sparking Panic Over Potential Selling Pressure

TradingKey - US government transfers over 10,000 BTC as Bitcoin extends losses to breach $83,000, but a further sharp decline remains unlikely.On October 8, Bitcoin (BTC) extended its recent losses, f

Source  Tradingkey1791439406
EUR/USD Price Forecast: Holds below 1.1200, bearish tone prevails amid oversold conditions

The EUR/USD pair loses ground to near 1.1195 during the early European trading hours on Thursday. France's fiscal concerns continue to drag the Euro (EUR) lower against the US Dollar (USD). The US weekly Initial Jobless Claims report and the Fedspeak will be in the spotlight later on Thursday.

Source  Fxstreet1791439333

Germany Trade Balance s.a. came in at €19.5B, above expectations (€19B) in August

Source  Fxstreet1791439247

Germany Exports (MoM) below expectations (0.8%) in August: Actual (-0.8%)

Source  Fxstreet1791439205

Germany Imports (MoM) below expectations (2.8%) in August: Actual (0.9%)

Source  Fxstreet1791439204
USD/JPY Price Forecast: 20-day EMA provides cushion near 157.55

The Japanese Yen (JPY) gives back its early gains and turns slightly negative against the US Dollar (USD) during the early European trading session on Thursday. As of writing, the USD/JPY pair is up 0.13% to near 158.23.

Source  Fxstreet1791439144
Samsung Q3 Operating Profit Surges Nearly 8-Fold to Record High: What Is the Outlook for Micron, Nvidia, and Memory Stocks?

TradingKey - On October 8, Samsung Electronics released its preliminary Q3 2026 earnings guidance: consolidated revenue was approximately 195 trillion won, up 126.6% year-over-year; operating profit w

Source  Tradingkey1791439005
Indian Rupee gets relief from likely RBI’s intervention

The Indian Rupee (INR) opens mildly higher against the US Dollar (USD) on Thursday due to possible Reserve Bank of India’s (RBI) intervention. According to a Reuters report, Indian central bank likely sold US dollars near the market open on Thursday to support the Indian rupee, four traders said.

Source  Fxstreet1791438867
GBP/USD Price Forecast: Bears await break below trading range support near 1.3180

The GBP/USD pair struggles to gain any meaningful traction, trading near the 1.3200 mark through the Asian session on Thursday and within striking distance of the lowest level since late June, touched last week.

Source  Fxstreet1791438033
BoJ holds steady assessment for 7 of Japan's 9 regions

The Bank of Japan (BoJ) Regional Economic Report, known as the Sakura report, maintains an unchanged economic assessment for 7 of 9 regions across Japan.

Source  Fxstreet1791436647
Zcash Price Forecast: ZEC poses 20% downside risk amid steady ETF outflows

Zcash (ZEC) price is trading below $1,300 on Thursday, continuing a steady decline over the past 10 days and slipping from its $1,698 peak on September 27.

Source  Fxstreet1791436566
Swiss Franc gains despite stable US Dollar amid ongoing inflation risks

USD/CHF halts its three-day winning streak, trading around 0.8330 during Asian hours on Thursday. However, the downside of the pair could be limited as the US Dollar (USD) gains solid backing from the Federal Open Market Committee's (FOMC) hawkish stance amid ongoing inflation risks.

Source  Fxstreet1791435670
WTI Price Forecast: Bulls seem hesitant below $89.50 amid Middle East risks

West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts some buyers during the Asian session on Thursday and currently trades around the $89.30-$89.35 region, up over 1.0% for the day.

Source  Fxstreet1791435354
Japan’s Takaichi says does not require reflationary policy now

Japanese Prime Minister Takaichi Sanae said on Thursday that the country does not require reflationary policy now, adding that she aims to gain market trust by keeping communication highly transparent.

Source  Fxstreet1791435265
AUD/JPY Price Forecast: Steadies near 100.00, bearish technical bias persists below 100-day SMA

The AUD/JPY cross trades on a flat note around 100.05 during the early European trading hours on Thursday.

Source  Fxstreet1791434874
Bitcoin (BTCUSD) Is down 1.01% on Oct 8: Why It Happened

Bitcoin (BTCUSD) is down 1.01% at Oct 8 00:40(ET), now at $82556.01, with a 7-day down of 2.42%.What is driving Bitcoin (BTCUSD)’s stock price down today?Bitcoin experienced downside pressure as persi

Source  Tradingkey1791434413
India Gold price today: Gold rises, according to FXStreet data

Gold prices rose in India on Thursday, according to data compiled by FXStreet.

Source  Fxstreet1791434118
Gold moves away from two-month low; not out of the woods yet amid hawkish Fed, bullish USD

Gold (XAU/USD) extends the overnight bounce from a two-month low and gains some positive traction on Thursday, rising to the $4,130-$4,135 region during the Asian session. The US Dollar (USD) moves away from its highest level since April 2025 and offers some support to the bullion.

Source  Fxstreet1791433951
XRP (XRPUSD) Fluctuated Significantly on Oct 8: Key Variables Behind the Move

XRP (XRPUSD) is down 1.40% at Oct 8 00:25(ET), now at $1.4024, with a 7-day down of 6.39%.What is driving XRP (XRPUSD)’s stock price down today?XRP experienced downside pressure during the trading ses

Source  Tradingkey1791433515
Solana (SOLUSD) Suddenly Goes down 1.12% on Oct 8: What's Driving This

Solana (SOLUSD) is down 1.12% at Oct 8 00:20(ET), now at $113.91, with a 7-day down of 2.76%.What is driving Solana (SOLUSD)’s stock price down today?The modest decline in Solana reflects a broader ri

Source  Tradingkey1791433215
Ripple and Stellar outlook: XRP and XLM test key support amid rising downside risks

Ripple (XRP) and Stellar (XLM) remain under pressure and extend their corrections on Thursday as weakening derivatives metrics and broader macroeconomic headwinds weigh on sentiment. XRP and XLM approach a key support zone after three consecutive days of losses so far this week.

Source  Fxstreet1791432009
Applied Materials vs. Marvell Technology: What Revenue Trends Tell Investors About These Artificial Intelligence Companies

Key PointsApplied Materials generates higher total revenue than Marvell Technology on an absolute basis, maintaining a clear lead and securing the top position across all eight com

Source  The Motley Fool1791431947
SpaceX Reportedly Wants to Borrow $40 Billion for Nvidia Chips Despite a $100 Billion Cash Pile

Key PointsSpaceX is reportedly seeking around $10 billion in bank loans and $30 billion in investment-grade debt to buy Nvidia chips.The company ended June with $100 billion in cas

Source  The Motley Fool1791430982
Samsung partners with Solana to integrate stablecoins into US Galaxy devices

Samsung announced a partnership with Solana (SOL) to integrate the US Dollar stablecoin issued by Circle, USDC, into US Galaxy devices, supporting cross-border remittances.

Source  Fxstreet1791430657
New Zealand Dollar moves sideways as US Dollar stabilizes amid rising bond yields

NZD/USD experienced volatility after posting modest losses in the previous day, remaining in positive territory and trading around 0.5600 during Asian hours on Thursday.

Source  Fxstreet1791430502
Euro rebounds as Japanese Yen underperforms despite upbeat trade data

The Euro (EUR) is up 0.14% at around 177.15 against the Japanese Yen (JPY) during the Asian trade on Thursday. The cross rebounds slightly after Wednesday’s sharp downside move, as the Japanese currency underperforms despite the release of the strong Japan Current Account data for August.

Source  Fxstreet1791430477
VersaBank's 2026 Outlook: U.S. Expansion Targets $300 Million in Annual Funding

Key PointsVersaBank is scaling its digital U.S. lending business through proprietary AI-enabled technology.Declining profit margins reflect the high costs of integration and intern

Source  The Motley Fool1791430044
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