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Yen Pulls Back as Dollar Firms Ahead of Fed & BoJ Rates

October 23, 2026 7:21 am
Key Moments USD/JPY bounced from an over one-month low near 156.00 after Japan’s latest inflation data, but remained below 157.00. Japan’s National CPI, core CPI, and core-core CPI all rose, reinforcing expectations for further BoJ rate hikes and tempering yen losses. Fed tightening expectations, geopolitical risk, and upcoming Fed/BoJ meetings supported the USD, while intervention […] Read more

AUD/JPY Drops as Strong Japan Inflation Fuels Yen Bulls

October 23, 2026 6:54 am
Key Moments AUD/JPY trades around 110.10 in early European dealings on Friday, extending declines and retaining a bearish bias. Japan’s September National CPI and core CPI both rose 2.1% YoY, exceeding the BoJ’s 2% target and supporting expectations for a December rate hike. Technical structure stays negative below the 100-day SMA at 112.05, with key […] Read more

Gold Under Pressure as Fed Bets and Dollar Limit Upside

October 23, 2026 6:04 am
Key Moments Gold remains under selling pressure near a three-month low after failing to extend a brief intraday rebound above the $4,000 level. Market participants continue to price in roughly an 80% probability of a December Fed rate increase, supporting the US Dollar and weighing on bullion. Attention turns to next week’s FOMC meeting and […] Read more

Silver Extends Slide As XAG/USD Hits New Low Below $54

October 23, 2026 5:39 am
Key Moments XAG/USD falls further under $54.00 on Friday, marking its weakest level since November 2025. Price action remains locked below the 200-day SMA, keeping the two-month downtrend technically intact. RSI sits near 31.53, close to oversold territory, signaling fading downside momentum but no clear reversal yet. Downtrend Deepens as Sellers Maintain Control Silver (XAG/USD) […] Read more

Loonie Strengthens As Oil Rally & Risk Pressure USD/CAD

October 23, 2026 5:35 am
Key Moments USD/CAD extends its slide for a seventh straight session, hovering around 1.4000 during Asian trading on Friday. CME FedWatch Tool shows a 92.8% probability of the Federal Reserve holding rates steady at the October 27-28 meeting. WTI trades near a five-week high as attacks on Saudi energy infrastructure and rising Middle East tensions […] Read more

PBOC Nudges Yuan Fix Stronger As Daily Rate Drops

October 23, 2026 4:58 am
Key Moments The People’s Bank of China set Friday’s USD/CNY central parity at 6.7180, slightly below the prior 6.7195 fix. The new fixing contrasted with a 6.6758 Reuters estimate cited alongside the official rate. The PBoC continues to use a broad toolkit – including policy rates, FX operations, and the Loan Prime Rate – to […] Read more

P&G Advances in Premarket as Strong Q1 Beats Forecasts

October 22, 2026 12:34 pm
Key Moments Procter & Gamble (NYSE:PG) traded more than 2% higher in premarket activity after first-quarter sales and profit surpassed analyst expectations. Net sales reached $23.28 billion, up 4% from a year earlier and above the $22.82 billion consensus estimate, supported by a 4% increase in organic sales. P&G projected fiscal 2027 core EPS of […] Read more

Comcast Media Strength Offsets Broadband Loss

October 22, 2026 11:42 am
Key Moments Comcast lost 144,000 broadband customers in the third quarter, a deeper decline than analysts had forecast. NBCUniversal’s media division increased third-quarter revenue by 13% to $5.36 billion, with Peacock swinging to a pre-tax profit of $261 million. Comcast posted adjusted earnings of $1.07 per share, topping the analyst consensus of 98 cents per […] Read more

Rand Brightens as Inflation Cools, Fiscal Moves Ahead

October 22, 2026 10:33 am
Key Moments Softer September inflation eased expectations for a November rate hike by the South African Reserve Bank and lifted real interest rates. A better-than-expected mid-year budget, with higher revenues and a smaller deficit, supported confidence in South Africa’s fiscal trajectory. Commerzbank anticipates near-term pressure on ZAR but expects the currency to regain ground next […] Read more

Tesla Trims CapEx as Cash Surges Ahead of SpaceX Tie-Up

October 22, 2026 9:30 am
Key Moments Tesla cut its 2026 capital expenditure outlook to roughly $20 billion from a prior view of more than $25 billion. Third-quarter capex of $4.7 billion came in well below the $7.5 billion analysts on average were expecting, helping generate $1.53 billion in free cash flow instead of an anticipated $4.92 billion cash burn. […] Read more