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.
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
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
The AUD/JPY cross trades on a flat note around 100.05 during the early European trading hours on Thursday.
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
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
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.
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
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
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.
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
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
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.
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.
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.
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