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USD/JPY fell roughly 30 pips in a rapid move to 157.76.

2026-10-29

USD/JPY fell roughly 30 pips in a rapid move to 157.76.

Other News
2026-10-29

Fed chair Kevin Warsh said political factors have not influenced Fed decision-making.

Fed chair Kevin Warsh said political factors have not influenced Fed decision-making.
2026-10-29

The ECB kept its key deposit rate at 2.5% on Thursday, in line with the Fed and market expectations. While rising energy costs prompted a 25bp hike in September and continue to lift inflation, mounting French sovereign stress — France's 10-year yield

The ECB kept its key deposit rate at 2.5% on Thursday, in line with the Fed and market expectations. While rising energy costs prompted a 25bp hike in September and continue to lift inflation, mounting French sovereign stress — France's 10-year yield topped 5% for the first time in over 20 years last week — has reduced policymakers' urgency to tighten further, since higher yields push up household and corporate borrowing costs and act to cool demand. Mitsubishi UFJ Economist Henry Cook said that despite a more adverse energy market since September, the rise in sovereign yields has lessened the immediacy for action.
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