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Norway Consumer Price Index (MoM) came in at -0.3%, above expectations (-0.4%) in August
Norway Consumer Price Index (MoM) came in at -0.3%, above expectations (-0.4%) in August
Germany Consumer Price Index (MoM) meets forecasts (0.2%) in August
Germany Consumer Price Index (MoM) meets forecasts (0.2%) in August
Denmark Consumer Price Index (YoY): 2% (August) vs 1.7%
Denmark Consumer Price Index (YoY): 2% (August) vs 1.7%
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in August
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in August
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in August
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in August
Japanese Yen remains firm against US Dollar amid hawkish BoJ bets, US PPI data eyed
The Japanese Yen (JPY) holds onto an over-a-week-long upside run against the US Dollar (USD) on Thursday. As of writing, the USD/JPY pair trades marginally lower to near 153.45 and is close to its over six-month low at 152.89 posted on Wednesday.
BoJ’s Masu: Underlying inflation gradually approaching 2% but don't see it overshooting
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the policy rate is still below our estimated range on neutral rate and has been below that level for a very long time so this needs to be fixed soon.
AUD/JPY Price Forecast: Softens below 111.00, bearish vibe prevails below 100-day SMA
The AUD/JPY cross loses momentum to near 110.75 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid rising expectations of a near-term interest rate hike by the Bank of Japan (BoJ).Â
Indian Rupee hits fresh 10-day low amid boiling oil prices
The Indian Rupee (INR) extends its losing run against the US Dollar (USD) for the third trading day on Thursday. The USD/INR pair posts a fresh 10-day high at 95.47 as the ongoing rally in oil prices continues to batter the Indian currency.
EUR/JPY Price Forecast: Stays near 178.50 amid ongoing bearish bias
EUR/JPY remains steady after three days of losses, trading around 178.60 during the Asian hours on Thursday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias.
Indonesia Consumer Confidence rose from previous 116.8Â to 118.5 in August
Indonesia Consumer Confidence rose from previous 116.8Â to 118.5 in August
Swiss Franc gains as US Dollar weakens on Fed uncertainty
USD/CHF loses ground after registering gains in the previous day, trading around 0.8090 during the Asian hours on Thursday.
EUR/USD Price Forecast: Sticks to gains above 1.1600 as bulls await ECB, US PPI
The EUR/USD pair attracts some dip-buyers during the Asian session on Thursday, though it lacks follow-through as traders seem hesitant ahead of the European Central Bank (ECB) meeting and the US Producer Price Index (PPI).