Prop firm news

RBNZ left the rate at 2.75% instead of the expected 3% - NZD/USD fell below 0.5600

The Reserve Bank of New Zealand (the country's central bank) unexpectedly did not raise the key rate overnight on October 28, although almost everyone expected it to: the decision was made by a 4-3 vote. The New Zealand dollar moved lower in the first minutes after the publication.

The dollar has been weakening for the second day: EUR/USD near 1.1230, USD/JPY fell below 158

The dollar is declining against major currencies for the second session in a row. EUR/USD rose to 1.1230, while USD/JPY fell below 158.00 amid a pullback in US Treasury yields and a decline in the geopolitical premium.

France pushed the euro below 1.1200 - lowest since May 2025

EUR/USD lost about 0.85% on Monday and fell just above 1.1150, hitting its lowest since May 2025. Pressure on the euro intensified due to rising French government bond yields and uncertainty surrounding the country's budget.