Sterling Supported by Symbolic GDP Growth, Franc Under Pressure
Posted 16 October 2025Sterling traded slightly firmer as one of the day’s top performers. The modest 0.1% mom GDP growth in August confirmed that the UK economy continues to grind forward. While small, the uptick carries symbolic weight, reinforcing the notion that Britain’s slowdown is stabilizing heading into the final quarter of the year. Markets are still divided […]
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Aussie Sinks on Jobs Miss as Traders Revive RBA November Cut Bets
Posted 16 October 2025Australian Dollar fell sharply after a soft labor market report reignited expectations that the RBA may resume rate cuts soon. September’s data showed unemployment rising to 4.5%, its highest since 2021. The figures surprised policymakers and traders alike, as the Bank’s latest projections did not even envision unemployment climbing this high at any point over […]
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