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Indian Rupee: Stable range with shallow gains against US Dollar – DBS
DBS Group Research notes that after earlier rupee outperformance driven by intervention and inflows, USD/INR has settled around the mid-94 handle.
Silver Price Forecasts: XAG/USD holds around $66.00 buoyed by US Dollar weakness
Silver (XAG/USD) is trading flat at the $66.00 area on Tuesday, holding minor gains on the weekly chart after bouncing from the mid-range of the $64.00s last week.
WTI advances above $92.00, highest since July as Hormuz tensions stoke supply concerns
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – attracts follow-through buying for the second straight day and climbs to its highest level since July 23 during the early part of the European session on Tuesday.
Forex Today: Japanese Yen extends rally, Oil prices climb higher
Here is what you need to know on Tuesday, September 8:
Hungarian Forint: Inflation surprise and HUF dynamics – ING
ING’s Frantisek Taborsky highlights that Hungarian inflation rebounded to 1.3% in August but stayed below expectations and the NBH’s forecast, with price growth seen remaining under target this year.
Euro recovers some early losses against Japanese Yen, ECB policy in focus
The Euro (EUR) claws back some of its early losses against the Japanese Yen (JPY) during the European trading session on Tuesday. At press time, EUR/JPY is down 0.3% to near 178.85 even after recovering from its intraday low of 177.85.
Equities: Tech leadership with Astra boost – Danske Bank
Danske Bank notes European equities were broadly flat on Monday, with the Stoxx 600 unchanged and OMX Nordic slightly higher, while Asian markets rallied in thin trading as US markets were closed for Labor Day.
Euro dips to session lows near 0.8580 following German Trade Balance data
The Euro (EUR) extends losses for the third consecutive day against the British Pound (GBP) on Tuesday, as German Trade Balance data added to evidence of the frail recovery of the Euro Area's leading economy.
Austria Trade Balance rose from previous €-635.5M to €-29.2M in June
Austria Trade Balance rose from previous €-635.5M to €-29.2M in June
Swiss Franc steadies as Fed hike expectations offset safe-haven flows
The USD/CHF pair flatlines near 0.8090 during the early European trading hours on Tuesday. Traders brace for crucial US Producer Price Index (PPI) and Consumer Price Index (CPI) inflation data later this week.Â
USD/CAD Price Forecast: Surging oil prices lift Canadian Dollar
The Canadian Dollar (CAD) trades higher against the US Dollar (USD) on Tuesday. The USD/CAD pair is down 0.25% to near 1.3780 at the time of writing as the Loonie outperforms due to surging oil prices.
France Exports, EUR: €54.677B (July) vs €54.537B
France Exports, EUR: €54.677B (July) vs €54.537B
France Trade Balance EUR came in at €-6.669B, below expectations (€-6B) in July
France Trade Balance EUR came in at €-6.669B, below expectations (€-6B) in July