Sterling Edges Higher as the Dollar Eases With Oil Prices
A slight pullback in oil and the dollar offered the pound some relief after volatile sessions driven by bond yields.
EUR/USD, USD/CAD, GBP, dollar trends, central-bank decisions and upcoming economic releases from North America and Europe.
A slight pullback in oil and the dollar offered the pound some relief after volatile sessions driven by bond yields.
Sovereign-debt concerns have made the gap between French and German borrowing costs a key reference point for EUR/USD.
Oil costs and upcoming US consumer-price data create potentially competing impulses for the dollar.
The single currency has steadied from a recent low, but France's budget debate and global bond yields remain important drivers.
Oil strength can help Canada's currency, while higher US yields and a stronger dollar can work against the loonie.
Forex Factory lists Canadian labour-market indicators and preliminary US consumer sentiment among October 9 events.

The rupee gained some ground against the dollar on October 9 after intervention and an easing in oil prices, although wider currency pressures remain.