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United Kingdom Manufacturing Production (MoM) came in at 0.1%, above forecasts (-0.2%) in May
United Kingdom Manufacturing Production (MoM) came in at 0.1%, above forecasts (-0.2%) in May
United Kingdom Gross Domestic Product (MoM) meets forecasts (0.1%) in May
United Kingdom Gross Domestic Product (MoM) meets forecasts (0.1%) in May
GBP/USD Price Forecast: Maintains constructive uptrend above 1.3500 despite mild losses
The GBP/USD pair trades with mild losses around 1.3535 during the early European trading hours on Thursday.
Asian stocks lean lower due to tech sell-off, rising US-Iran tensions
Asian stocks face downward pressure on Thursday, delivering mixed results as a renewed sell-off in semiconductor shares dragged down the tech sector. The retreat stems from persistent investor skepticism over whether the artificial intelligence rally can sustain its current valuations.
BoJ Quarterly Survey: 90.4% of Japanese households anticipate price increases in a year
The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
Euro consolidates near four-week top, above mid-1.1400s amid mixed Fed cues, geopolitics
The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18.
AUD/JPY Price Forecast: Declines below 113.50, while maintaining bullish near‑term structure
The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the Australian Dollar (AUD).Â
Indonesian Rupiah weakens as higher oil import costs stretch the trade balance
USD/IDR gains ground after two days of losses, trading around 18,100 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) faces downward pressure as surging oil import costs stretch the nation's trade balance and stoke inflation.
Senior BoJ official: Delay in adjustment amid high inflation risk could trigger economic downturn
Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.Â
Swiss Franc holds losses as US Dollar recovers on Middle East tensions
USD/CHF inches lower after opening at a bullish gap, remaining in positive territory and trading around 0.8060 during the Asian hours on Thursday.
South Korea Money Supply Growth up to 9.2% in May from previous 8.1%
South Korea Money Supply Growth up to 9.2% in May from previous 8.1%
EUR/JPY Price Forecast: Positions near ascending triangle top around 186.00
EUR/JPY depreciates after three days of gains, trading around 185.90 during the Asian hours on Thursday. The currency cross is retaining a constructive bullish bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
Japanese Yen strengthens on intervention warning, cooling US inflation
The USD/JPY pair loses ground to near 162.15 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) after verbal intervention from Japanese authorities.