Forex

Japanese yen strengthens as dollar wobbles and oil nears $100
The yen gained against a weakening greenback as oil prices climbed toward $100, weighing on market sentiment.

Uganda shilling weakens to near-record lows amid dollar demand surge
Uganda’s shilling hit a fresh low against the dollar as rising dollar demand from manufacturers and energy firms pushed exchange rates toward 4,000 per USD.

Pinterest CEO Highlights AI Shopping Push Amid Record Growth
Pinterest’s Bill Ready discusses AI integration, Gen Z dominance and monetization shifts at Goldman Sachs’ Communacopia+ event.

Scancell’s Melanoma Vaccine Nears Phase III as Phase II Data Shows 62% Response Rate
Scancell Holdings reported promising interim results from its iSCIB1+ melanoma vaccine in Phase II trials, with a 62% overall response rate and a 34 percentage-point improvement in progression-free survival versus existing treatments. The company is advancing toward Phase III enrollment, targeting a 550-patient global study by late 2026.

UBS Währungsstrategien divergieren: Franken-Prognosen spalten die Bank
Die Schweizer UBS zeigt Spannungen zwischen Investmentbank und Vermögensverwaltung bei Euro-Franken-Prognosen, während Aktienplatzierungen und Management-Käufe weitere Anzeichen für interne Uneinigkeit liefern.

BoE Rate Hold Signals GBP/EUR Outlook Amid ECB Tightening
UBS forecasts EUR/GBP to dip toward 0.84 by year-end 2026 as BoE’s mixed vote signals potential future hikes, while ECB’s rate hikes and UK’s yield premium shape carry trade dynamics.

BoE Rate Hold Sparks EUR/GBP Forecasts to Fall Below 0.85
UBS projects the euro-to-pound exchange rate to dip to 0.84 by year-end, driven by BoE rate hikes and ECB tightening

Toyota to Deploy 400K Humanoid Robots by 2026
Toyota Motor Corp. plans to introduce 400,000 humanoid robots across its operations, with 150,000 at its own factories and 250,000 at supplier facilities by 2026.

Citi projects EUR/JPY below ¥175 in early 2027 despite short‑term rebound risk
Citi sees a near‑term recovery to around ¥183 per euro, a base case of ¥181 in December, and expects the pair to fall under ¥175 in the first half of next year as Japanese real rates rise.

SMI verliert weiter: 8 von 20 Blue Chips schneiden schlecht ab, Nestlé unter Zwangsverwaltung
Der Schweizer SMI notiert vorbörslich im Minus, während Nestlé nach Russland-Entscheidungen Verluste verzeichnet. ABB, Logitech und Roche führen die Blue Chips an, während Swisscom und Kühne+Nagel aus dem Index ausscheiden.

GBP/USD rises as UK retail sales beat forecasts
Sterling gains as UK retail sales unexpectedly rise 0.5% in August, while dollar cools amid moderating oil prices.

GBP/USD rises 0.11% to 1.3373 as UK retail sales beat expectations
Positive UK retail sales data and softer dollar pressures supported sterling’s gains ahead of central bank meetings.

UBS sees long opportunity in EUR/USD at 1.1475, targets 1.17
UBS recommends entering a long EUR/USD position near 1.1475, with a 1.17 target and 1.30 stop‑loss, citing central‑bank dynamics after a prior July trade.

US dollar hits two-week high as surging oil prices lift Treasury yields and Fed rate hike expectations
The US dollar reached a two‑week high as oil price gains lifted Treasury yields and heightened expectations of a Federal Reserve rate hike.

Apple announced foldable iPhone Duo, starting at $1,999
Finance Review Daily is tracking this developing story; additional confirmed specifics had not been verified at the time of publication.

Dollar Rises as Middle East Conflict Pushes Oil Higher and Fed Hike Looms
The U.S. dollar gained across the board Monday, buoyed by surging oil prices from Middle East fighting and nearly 90% odds of a Federal Reserve rate hike.

Kremlin Says US Sanctions Will Hinder Ukraine Peace Efforts
Russia warns further US penalties on Moscow will obstruct a resolution to the war in Ukraine, which has lasted more than four and a half years.

Genius Sports launches Prediction.com platform to compare sports prediction markets
Genius Sports (NYSE:GENI) introduced Prediction.com, a platform that aggregates pricing from multiple prediction‑market venues and pairs it with live game data. The service is built by the company’s Legend unit and leverages its official data links with leagues such as the NFL, English Premier League and NCAA.

Anthropic and OpenAI chiefs warn AI pace must slow; Nvidia says extinction fears wrong
Google searches have shifted from software disruption fears to AI extinction as Amodei and Altman call for caution; Nvidia's Huang dismisses worst-case scenarios.

Bearish sentiment on emerging Asian currencies deepens as oil surges amid Middle East tensions and higher US yields
Emerging Asian currencies face growing bearish pressure as oil prices rise on Middle East geopolitical tensions and US Treasury yields increase.

Swiss Parliament Adjourns UBS Capital Rule Vote Until Next Week
Swiss upper house delays stricter banking reforms affecting UBS’s capital requirements until Wednesday, amid debates over post-Credit Suisse regulatory adjustments.

Vor Biopharma’s Telitacicept Pipeline Highlights MG, Ocular MG, Sjögren’s Focus at Citi Summit
Vor Biopharma’s CEO and medical leadership discussed its clinical pipeline, including Myasthenia Gravis and Sjögren’s disease programs, at Citigroup’s biopharma summit, with top-line data expected in early 2027.

Novo Nordisk publishes phase 3b data on denecimig for haemophilia A
Novo Nordisk has released phase 3b trial results for its experimental therapy denecimig targeting haemophilia A.

ProQR outlines accelerated RNA editing pipeline and upcoming trial readouts at Cantor conference
ProQR Therapeutics detailed its RNA‑editing program timeline, projected editing efficiencies and cash‑flow position, citing five trial readouts expected within 12 months and a stock price near $2.03.

