Skip to main content
UK Edition

Sunday, 4 October 2026

Trade News UK

The latest UK news, business, transport and more

Home / Finance

Finance

Risks Skewed to a Stronger US Dollar

The US dollar initially rallied from 97.9 in late-December to 99.4 mid-January. However, it then lost its way, falling back to a near 4-year low of 96.2, now 97.0. At the current level, the US dollar is around 15% below…

Uber Layoffs Hit 3,300 Jobs Amid Cost-Cutting Push

Uber Technologies will lay off about 3,300 employees, roughly 10% of its workforce, in a restructuring aimed at trimming management layers and cutting costs. The company will reduce staff seven or more reporting layers …

Gold turns positive as turmoil in Yen pairs hits US Dollar

Gold (XAU/USD) stages a sharp rebound on Wednesday, reversing all its earlier losses as a sudden rise in the Japanese Yen (JPY) triggers broad selling pressure on the US Dollar (USD). A pullback in US Treasury yields pr…

From Wallets to Wagers: Crypto’s New Betting Frontier

Cryptocurrency has moved beyond investment portfolios and online shopping into another fast-growing digital arena: betting. Instead of depositing money through a bank or card provider, users can fund an account from a c…

Japanese Yen: Intervention risk may revive tactical longs - BNY

BNY’s Geoff Yu says JPY selling has largely run its course, while USD/JPY’s return toward 160 keeps intervention risk firmly in focus. The bank notes that positioning has not yet turned decisively long JPY, but sees sco…

Indian Rupee clings to gains despite hawkish Fed bets

The Indian Rupee (INR) opens flat at around 94.90 against the US Dollar (USD) on Wednesday, but is close to its two-month low of 94.80 posted the previous day. The Indian currency is expected to face selling pressure ag…

Japan Bond Yield Hits 3% For First Time Since 1996

Government borrowing costs are at or near multi-decade highs worldwide. Japan’s 10-year bond yield hit 3% on Tuesday, its first time since 1996. UK 30-year yields sit at 30-year highs, while German and French yields mat…