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Turkey Consumer Confidence rose from previous 87.9Â to 89.8 in July
Turkey Consumer Confidence rose from previous 87.9Â to 89.8 in July
GBP/USD Price Forecast: Struggles to return above 20-day EMA
The British Pound (GBP) trades marginally higher to near 1.3387 against the US Dollar (USD) during the European trading session on Thursday. The GBP/USD pair edges higher as the US Dollar drops despite surging oil prices in the wake of escalating Middle East energy supply risks.
France Business Climate in Manufacturing in line with expectations (101) in July
France Business Climate in Manufacturing in line with expectations (101) in July
British Pound: Downside risks below 1.3340 against US Dollar – UOB
United Overseas Bank’s Quek Ser Leang and Lee Sue Ann expect GBP/USD to consolidate intraday between 1.3350 and 1.3400 after a modest pullback from recent lows.
EUR/USD Price Forecast: Reflects strength ahead of ECB’s policy decision
The Euro (EUR) is up 0.15% at around 1.1430 against the US Dollar (USD) during the early European trading session on Thursday. The EUR/USD pair rises as the major currency outperforms its peers ahead of the European Central Bank’s (ECB) monetary policy announcement at 12:15 GMT.
Indonesian Rupiah steadies as traders weigh BI’s decision of holding rates
USD/IDR moves little after posting minor gains in the previous day, trading around 17,960 during the Asian hours on Thursday. The pair steadies as the Indonesian Rupiah (IDR) strengthens following Bank Indonesia's (BI) surprise decision to hold benchmark rates at 5.75%.
AUD/USD Price Forecast: Looks to build on upbeat Aussie jobs data-led gains above 0.7000
The AUD/USD pair catches fresh bids during the Asian session on Thursday following the release of the upbeat Australian jobs report, which lifted bets for another interest rate hike by the Reserve Bank of Australia (RBA).
Singapore Consumer Price Index (YoY) below expectations (2) in June: Actual (1.9)
Singapore Consumer Price Index (YoY) below expectations (2) in June: Actual (1.9)
BoJ to raise rates again by December — Reuters poll
According to a majority of economists in a Reuters poll, the Bank of Japan (BoJ) will raise its interest rate again by the end of December and possibly as soon as October, keeping further rate rises in view through next year.
Japanese Yen edges higher amid intervention risks; remains close to four-decade low vs USD
The USD/JPY pair ticks lower during the Asian session on Thursday as bulls opt to move to the sidelines amid speculations that Japanese authorities will step in to prop up the domestic currency.
New Zealand Dollar strengthens above 0.5800 on RBNZ hawkish outlook
The NZD/USD pair gains ground to near 0.5820, snapping the two-day losing streak during the early European session on Thursday. The New Zealand Dollar (NZD) strengthens against the US Dollar (USD) on a hawkish tone from the Reserve Bank of New Zealand (RBNZ).
EUR/JPY Price Forecast: Tests 186.50 barrier after breaking above ascending triangle top
EUR/JPY extends its gains for the third successive day, trading around 186.40 during the Asian hours on Thursday. The currency cross is keeping a bullish near-term bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs).
Euro advances ahead of ECB policy decision
EUR/USD extends its gains for the second consecutive day, trading around 1.1410 during the Asian hours on Thursday. The pair gains ground as the Euro (EUR) finds solid support ahead of the European Central Bank's (ECB) upcoming interest rate decision.