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Austria HICP (YoY) dipped from previous 3.7%Â to 3.2% in June
Austria HICP (YoY) dipped from previous 3.7%Â to 3.2% in June
Austria HICP (MoM) came in at 0%, above expectations (-0.3%) in June
Austria HICP (MoM) came in at 0%, above expectations (-0.3%) in June
British Pound: Pullback pauses within near-term range against US Dollar – UOB
United Overseas Bank (UOB) strategists Quek Ser Leang and Christopher Wong note GBP/USD has corrected sharply from recent highs near 1.3556 but now looks set to consolidate between 1.3450 and 1.3520 intraday.
New Zealand Dollar declines below 0.5850 as US launches wave of strikes against Iran
The NZD/USD pair edges lower to around 0.5840 during the early European session on Friday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) as escalating tensions in the Middle East trigger risk-off sentiment, weighing on the riskier assets.
AUD/USD Price Forecast: More upside likely amid stabilization above 20-day EMA
The Australian Dollar (AUD) trades marginally lower against the US Dollar (USD) at around 0.6990 during the European trading session on Friday. The Aussie pair edges down as the US Dollar ticks higher amid fears that the United States (US) inflation could re-accelerate after slowing down in June.
Euro: Looking for direction against US Dollar – Commerzbank
Commerzbank’s Volkmar Baur notes EUR/USD is struggling for clear direction as the Iran conflict, Oil prices, and diverging inflation dynamics cloud the outlook.
Japan’s Katayama says no change in stance that BoJ decides specific monetary policy
Japan’s Finance Minister Satsuki Katayama said on Friday that there’s no change to the government's stance that specific monetary policy means it's up to the Bank of Japan (BoJ) to decide.Â
USD/JPY Price Forecast: Trades near 162.50 after breaking above nine-day EMA
USD/JPY steadies after registering minor gains in the previous day, trading around 162.40 during the Asian hours on Friday. The currency pair is maintaining a bullish near-term bias as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
$55: New YTD low for Silver price
Silver price (XAG/USD) is down 0.8% to near $55.00 during the early European trading session on Friday. The white metal posted a fresh Year-To-Date (YTD) low at $54.77 earlier in the day.
British Pound weakens as US Dollar advances on rising risk aversion
GBP/USD extends its losses for the second successive day, trading around 1.3460 during the Asian hours on Friday.
WTI price edges higher to near $79.00 as US-Iran war escalation threatens oil flows
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $79.00 during the early European trading hours on Friday. The WTI heads for its biggest weekly advance since April as rising tensions in the Middle East raise fears of oil supply disruption.Â
Indian Rupee holds early ground, elevated oil prices keep upside limited
The Indian Rupee (INR) trades marginally higher against the US Dollar (USD) while entering the weekend. The USD/INR pair ticks down to near 96.30 as the Indian currency rises, following Reserve Bank of India’s intervention.
EUR/USD Price Forecast: Stays pressured below mid-1.1400s after failing near 200-SMA on H4
The EUR/USD pair ticks lower for the second straight day on Friday as energy-driven inflation fears revive US Federal Reserve (Fed) rate hike bets and support the US Dollar (USD) amid escalating US-Iran tensions.