239
Currency Analyst since 2010

Oct. 9: MARKET REVIEW

Risk sentiment: Asian shares rose on dovish FOMC meeting minutes.

USD: broadly weakened as the Fed was concerned about the downside risks to the global economy and USD’s strength, and investors pushed back bets for when the Federal Reserve will increase interest rates.

EUR/USD: at $1.2570 ahead of Draghi.

GBP/USD: extends recovery towards $1.6200, BOE policy announcement comes at 11:00 GMT.

USD/JPY trades below 108.00 yen.

AUD/USD: higher despite decline in employment.

NZD/USD recovered to $0.7950.

Scroll to top