Halister News

(Bloomberg) -- A plunge in USD/JPY after a Fox News report on Clinton shakes a sleepy market that had an eye on the climax of baseball’s World Series. GBP likely in focus as three judges publish decision on whether PM May can begin Britain’s exit from EU without permission from Parliament; QuickTake Q&A here.

• FOMC statement largely as expected, likely to raise rates in December, strategists and economists say; roundup here
• USD/JPY -0.52% to 102.76 vs 102.55-103.44 range
• Japanese importers may have missed golden opportunity to cover hedging as bids were canceled due to Thursday’s Japan holiday but will be reinstated at Tokyo open Friday: trader
• Treasury 10-year futures up 6+ ticks to 130-07+
• BBDXY -0.2% to 1,199.71; gold up 0.6%
• GBP/USD +0.2% to 1.2331 vs 1.2298-1.2341 range
• Asia-based FX traders note a buildup of buy-stops above 1.2354 overnight high ahead of U.K. court decision. Some fund clients have either canceled or are watching their own short positions until London opens
• Irish PM Kenny warned May that Brexit talks may prove “quite vicious”
• AUD/USD +0.05% to 0.7665 vs 0.7637-0.7683 range
• Rally in wake of Australia’s better-than-expected Sept. trade data tempered by macro funds whose offers above 0.7670 were partially filled: trader
• NOTE: Mark Cranfield is an FX strategist who writes for First Word. The observations he makes are his own and are not intended as investment advice.