Live Forex News
Real-time financial news from around the world.
Published Monday – Friday, 24 hours a day.
Crypto Updates: Binance Rises by 1.20%
Today's cryptos market is characterized by modest daily movements, with Binance standing out as the frontrunner with a 1.20% increase.
Agricultural Commodities Updates: Butter Falls by 3.59%
Top commodity losers are Butter (-3.59%), Coffee (-2.07%) and Oat (-1.26%). Gains are led by Barley (0.76%) and Sugar (0.59%).
Metals Commodities Updates: Lithium Carbonate Falls by 2.37%
Top commodity losers are Lithium Carbonate (-2.37%), Platinum (-1.34%), Silver (-1.29%) and Gold (-0.77%). Gains are led by Aluminum Alloy (2.35%), Copper (1.60%) and Iron Ore CNY (0.90%).
Energy Commodities Updates: Natural gas Slumps by 6.08%
Top commodity losers are Natural gas (-6.08%) and Methanol (-0.76%). Gains are led by Germany Natural Gas THE (4.05%), Propane (4.04%), Crude Oil (3.99%) and Brent Oil (3.30%).
FX Updates: Brazilian Real Increases by 1.40%
Top currency gainers are Brazilian Real (1.40%), Norwegian Krone (0.75%), Mexican Peso (0.39%) and Dollar Index (0.14%). Biggest losers are Polish Zloty (-0.62%), Indian Rupee (-0.53%), Swiss Franc (-0.46%), British Pound (-0.37%) and Euro (-0.14%). Meanwhile Japanese Yen was little changed.
Mexican Peso Hits Near One-Year High
The Mexican peso strengthened to around 18.64 per US dollar in October, reaching its highest level in nearly a year. The currency appreciated following strong economic activity data, with the Global Indicator of Economic Activity rising 3.5% year over year through August, its strongest performance since September 2023. The exchange rate was also supported by expectations that Mexico and the US could reach a trade agreement, following comments by President Claudia Sheinbaum and US President Donald Trump indicating that the two countries were close to a deal. Meanwhile, annual mid-month inflation rose to 3.62% in October from 3.42% in September, slightly above forecasts of 3.60%. Persistent inflationary pressures could encourage a more hawkish stance by Banxico, while markets largely expect the US Federal Reserve to hold rates at its next meeting. A wider US-Mexico interest rate differential would strengthen the peso’s yield advantage and potentially encourage carry-trade inflows.
Canada’s 10-Year Yield Edges Higher on BoC Rate Hike Bets
Canada’s 10-year government bond yield edged higher to around 3.85% in October as expectations for Bank of Canada policy shifted toward tighter monetary conditions. Markets anticipate a more hawkish tone at the BoC’s next policy decision, scheduled for October 28. Governor Tiff Macklem recently said the central bank expects to significantly raise its quarterly inflation forecast this month, following hawkish remarks last week about energy-driven price pressures. Rising oil prices have added to upward pressure on energy costs amid the escalation of the conflict in the Middle East. Meanwhile, Canadian retail sales are expected to have increased 0.7% month over month in September, extending a 1.2% gain in August, according to preliminary estimates. Stronger retail activity could add to inflation concerns and reinforce expectations for a tighter monetary policy stance.
Ibovespa Closes Higher Ahead of Presidential Runoff
The Ibovespa rose 0.5% to close at 205,083 on Friday in the final session before Brazil’s presidential runoff, recovering from earlier losses. A Datafolha poll showed President Lula and Flávio Bolsonaro tied at 50% each of valid votes. Earlier polls indicated a statistical tie. Some market participants view a potential Flávio Bolsonaro administration as more likely to rein in public spending, which they consider essential to lowering interest rates. However, neither the candidate nor his economic advisers have outlined concrete fiscal adjustments. The Ibovespa rallied to record highs after Flávio Bolsonaro finished ahead of Lula in the first round. Meanwhile, mid-month inflation came in below expectations, supporting equities. Banking stocks advanced, with BB gaining 3.3%. Bradesco added 0.7% following third-quarter earnings in line with market expectations and the announcement of a share buyback program. Petrobras rose 1.7% as oil prices rose. For the week, the Ibovespa fell 1.0%.
Australian Dollar Hits 4-week High
AUDUSD increased to 0.70, the highest since September 2026. Over the past 4 weeks, Australian Dollar US Dollar gained 0.29%, and in the last 12 months, it increased 7.98%.
TSX Closes Lower as Oil Rally Fuels Inflation Concerns
The S&P/TSX Composite Index fell 0.5% to close at 35,788 on Friday as rising oil prices fueled inflation concerns and technology stocks remained under pressure. Crude prices climbed amid escalating Houthi attacks on Saudi targets and reports of possible renewed US strikes against Iran. Canadian bond yields moved higher, with markets pricing in a Bank of Canada rate hike at its next meeting amid energy-driven inflationary pressures. Major Canadian banks posted losses, with BMO down 0.8% and CIBC falling 0.9%. Technology stocks extended their declines following Thursday’s Wall Street selloff. Celestica fell a further 3.2% after plunging 12% in the previous session. The company is scheduled to report its third-quarter 2026 results on Monday. Meanwhile, lower gold and silver prices weighed on mining stocks, with Agnico Eagle and Barrick each losing 1.3%. For the week, the TSX declined 0.5%.
Brent Hits Over 4-Year High
Brent crude rose above $116 a barrel on Friday, reaching an over 4-year high as expectations grew that the US could resume strikes against Iran in the coming weeks. US President Trump said Wednesday that Washington was not negotiating with Tehran and that something would happen “fairly soon.” Reports indicate that the US and Israel are planning fresh strikes on Iran after the midterm elections. Meanwhile, Iran’s army chief said the country’s military was fully prepared for “asymmetric warfare” after strengthening its capabilities. Iran-allied Houthi militants have continued attacks on Saudi Arabia, prompting the US State Department to order non-essential personnel to leave the country. Oil giant Saudi Aramco also instructed staff to evacuate its Dhahran headquarters and work remotely following a series of attacks. On the week, brent crude prices rose more than 6%.
Oil Tops $103 on Fears of Renewed US-Iran Strikes
Crude oil rose above $103 a barrel on Friday as expectations grew that the US could resume strikes against Iran in the coming weeks. US President Trump said Wednesday that Washington was not negotiating with Tehran and that something would happen “fairly soon.” Reports indicate that the US and Israel are planning fresh strikes on Iran after the midterm elections. Meanwhile, Iran’s army chief said the country’s military was fully prepared for “asymmetric warfare” after strengthening its capabilities. Iran-allied Houthi militants have continued attacks on Saudi Arabia, prompting the US State Department to order non-essential personnel to leave the country. Oil giant Saudi Aramco also instructed staff to evacuate its Dhahran headquarters and work remotely following a series of attacks. On the week, crude prices rose more than 1.5%.
US Stocks Drop as Oil Rally Fuels Inflation Fears
US stock indices closed lower on Friday as surging oil prices weighed on equities and bonds. The S&P 500 fell 0.5%, the Nasdaq closed flat and the Dow shed 653 points. Escalating Middle East tensions pushed oil higher, stoking inflation concerns ahead of the Federal Reserve’s interest rate decision. Treasury yields rose after the market’s strongest session in over a year. Financial stocks dipped, with JPMorgan down 1.5%, Morgan Stanley falling 2.4% and BlackRock losing 1.7%. American Express dropped 3.7% despite beating earnings expectations and announcing plans to cut 5% of its global workforce. Among AI hyperscalers, Alphabet lost 1.2%, Meta shed 1% and Amazon retreated 0.9%. Concerns over rising debt to finance AI infrastructure pressured tech stocks this week. Most chipmakers recovered on Friday but still posted sharp weekly losses. For the week, the S&P 500 fell 1%, the Nasdaq lost 2.1% and the Dow added 296 points.
T-Mobile Us Shares Hit 35-month Low
T-Mobile Us shares decreased to 147.89 USD, the lowest since November 2023. Over the past 4 weeks, T-Mobile Us lost 10.32%, and in the last 12 months, it decreased 31.91%.
Crypto Updates: Binance Rises by 1.86%
Today's cryptos market is characterized by modest daily movements, with Binance standing out as the frontrunner with a 1.86% increase.
Agricultural Commodities Updates: Coffee Drops by 2.06%
Top commodity losers are Coffee (-2.06%), Oat (-1.32%) and Corn (-0.98%). Gains are led by Sugar (0.65%) and Palm Oil (0.54%).
Metals Commodities Updates: Lithium Carbonate Drops by 2.37%
Top commodity losers are Lithium Carbonate (-2.37%), Titanium (-1.15%), Silver (-1.03%) and Gold (-0.66%). Gains are led by Aluminum Alloy (2.35%), Copper (1.76%) and Iron Ore CNY (0.90%).
Energy Commodities Updates: Natural gas Plunges by 5.59%
Top commodity loser is Natural gas (-5.59%). Gains are led by Germany Natural Gas THE (4.21%), Crude Oil (3.52%), Natural Gas EU (3.45%) and Brent Oil (2.79%).
NatGas Prices Fall to Almost 6-Month Low
US natural gas prices fell more than 5% on Friday to nearly $2.65 per MMBtu, approaching their lowest level since late April, as forecasts for milder weather weighed on expectations for heating demand. Above-average temperatures are expected across the Midwest and East through November 5, according to Commodity Weather Group, likely curbing gas consumption. The price decline came despite a smaller-than-usual storage build, strong LNG feedgas demand, and lower production. EIA data showed that US natural gas inventories rose by 77 Bcf in the week ended October 16, below both the 86 Bcf added during the same week last year and the five-year average increase of 87 Bcf. Meanwhile, average feedgas flows to the nine major US LNG export terminals climbed to 18.2 Bcf/d in October, up from 17.9 Bcf/d in September. On the supply side, production across the Lower 48 states averaged 111.4 Bcf/d this month, down from record highs of 113.3 Bcf/d in August and September.
Brazil’s 10-Year Yield Edges Higher Ahead of Election Runoff
Brazil’s 10-year government bond yield edged higher, rising above 13% in October amid election uncertainty ahead of the presidential runoff. A Datafolha poll showed Senator Flávio Bolsonaro and President Lula tied at 50% each of valid votes. Earlier polls indicated a statistical tie, with Bolsonaro’s lead narrowing compared with previous surveys. Some market participants believe a Flávio Bolsonaro administration would be more likely to rein in public spending, although neither the candidate nor his economic advisers have outlined concrete fiscal adjustments. Beyond the election, uncertainty surrounding the external environment and rising commodity prices also weighed on the market. Oil prices and US Treasury yields moved higher, adding to upward pressure on Brazilian yields. Meanwhile, Brazil’s mid-month inflation rate reached 4.62% in October, below market expectations of 4.74%.
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