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Germany Imports (MoM) came in at -2.5% below forecasts (0.1%) in May
Germany Imports (MoM) came in at -2.5% below forecasts (0.1%) in May
Germany Exports (MoM) above expectations (-0.3%) in May: Actual (0.9%)
Germany Exports (MoM) above expectations (-0.3%) in May: Actual (0.9%)
GBP/USD Price Forecast: Holds a constructive bullish tone above 1.3400 as UK political risk eases
The GBP/USD pair trades in positive territory around 1.3405 during the early European trading hours on Thursday. Fading political uncertainty in the United Kingdom (UK) provides some support to the British Pound (GBP) against the US Dollar (USD).
BoJ maintains assessment for all 9 Japanese regionsÂ
The Bank of Japan (BoJ) latest quarterly report showed on Thursday that there's no change to the overall assessment for all 9 Japanese regions. Most regional economies are seen as "recovering moderately" still.
Euro strengthens ahead of Germany’s Trade Balance data
EUR/USD extends its gains for the second successive day, trading around 1.1430 during the Asian hours on Thursday. The Euro (EUR) receives support against the US Dollar (USD) ahead of Germany’s Trade Balance data release later in the day.
AUD/JPY Price Forecast: Weakens to near 112.50, but uptrend remains constructive
The AUD/JPY cross trades in negative territory around 112.62 during the early European trading hours on Thursday.
Japanese Yen bulls seem hesitant as US-Japan rate gap counters intervention risks
The USD/JPY pair edges lower during the Asian session on Thursday and, for now, seems to have snapped a four-day winning streak, though it lacks bearish conviction. Spot prices currently trade just below mid-162.00s and remain within striking distance of a four-decade high touched last Wednesday.
Indonesian Rupiah weakens following Retail Sales data
USD/IDR extends its gains for the second successive day, trading around 18,140 during the Asian hours on Thursday. The Indonesian Rupiah (IDR) holds losses following Retail Sales, which fell 3.9% year-over-year in May, against the previous decline of 3.7%.
EUR/JPY Price Forecast: Tests symmetrical triangle top above 185.50
EUR/JPY pares steadies after registering modest gains in the previous day, trading around 185.60 during the Asian hours on Thursday.
Silver Price Forecast: XAG/USD rebounds above $58.00 despite inflation fears
Silver price (XAG/USD) inches higher after three days of losses, trading around $58.30 per troy ounce during the Asian hours on Thursday.
New Zealand Dollar holds ground despite softer China’s CPI data
NZD/USD extends its gains for the second successive day, trading around 0.5720 during the Asian hours on Thursday. The pair holds gains as the New Zealand Dollar (NZD) remains stronger following the Consumer Price Index (CPI) inflation data release from New Zealand’s close trading partner, China.
China’s CPI inflation falls to 1.0% YoY in June, vs 1.1% expected
China’s Consumer Price Index (CPI) climbed 1.0% in June from a year ago after arriving at a rise of 1.2% in May, the National Bureau of Statistics of China reported on Thursday. The market consensus was for 1.1% in the reported period.
China Consumer Price Index (MoM) below expectations (-0.2%) in June: Actual (-0.3%)
China Consumer Price Index (MoM) below expectations (-0.2%) in June: Actual (-0.3%)