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Indonesian Rupiah hits record lows on MSCI index concerns, political uncertainty
USD/IDR rises after opening at a bullish gap, trading around 18,260 during Asian hours on Thursday. The currency pair climbed to a fresh record high of 18,272 amid renewed concerns over Indonesia’s emerging-market status.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
AUD/JPY Price Forecast: Weakens below 109.50, bearish outlook prevails under the 100-day SMA
The AUD/JPY cross trades in negative territory around 109.30 during the early European trading hours on Thursday. Traders remain on high alert for currency intervention from Japanese authorities to prop up the Japanese Yen (JPY).
EUR/JPY Price Forecast: Slips below 177.00 near nine-day EMA
EUR/JPY extends its losses for the second successive day, trading around 176.90 during Asian hours on Thursday. The technical analysis of the daily chart indicates that the currency cross is remaining within a descending channel pattern, suggesting an ongoing bearish bias.
New Zealand Dollar faces pressure against US Dollar as traders consider bigger Fed rate hike
The New Zealand Dollar (NZD) is under pressure against the US Dollar (USD) on Thursday, holding onto its two day’s losses at around 0.5560 in the Asian trade.
UK Preliminary GDP expands by 0.7% QoQ in Q3, meets estimates
The UK economy grew at a quarterly rate of 0.7% in the three months to September 2026, following a 1% contraction in the second quarter (Q2) (revised from 0.5% growth). The data came in line with the market forecast.
Australian Dollar declines to near 10-month lows
AUD/USD loses ground for the third consecutive day, trading around 0.6840 during Asian hours on Thursday. The pair falls to nearly 10-month lows as the US Dollar (USD) receives support from an increasingly hawkish Federal Reserve (Fed) policy outlook.
US Dollar Index (DXY) rises above 103.00, highest since April 2025 on Fed bets, Iran risks
The US Dollar Index (DXY), which tracks the Greenback against a basket of currencies, hits a fresh high since April 2025 during the Asian session on Thursday, with bulls looking to build on the momentum beyond the 103.00 mark.
Euro posts modest gains near 1.1100 as traders assess ECB's rate path
The EUR/USD pair posts modest gains near 1.1095 during the early Asian trading hours on Thursday. However, the potential upside for the major pair might be limited by expectations of a bigger interest rate hike from the US Federal Reserve (Fed) this year.
Japanese Yen recovers from two-month low as BoJ rate hike bets meet intervention risk
The USD/JPY pair attracts some sellers during the Asian session on Thursday, snapping a two-day winning streak to its highest level since early September, around the 160.00 psychological mark touched the previous day.
BoJ's Asada says must be mindful of expected effect of past rate increases on economy
Bank of Japan (BoJ) board member Toichiro Asada said on Thursday that the central bank must be mindful of expected effect of past rate increases on economy. Asada added that underlying inflation fluctuates around levels consistent with BoJ's price target.Â
United Kingdom inflation: Deutsche Bank sees further upside
Deutsche Bank economists Sanjay Raja and Maui Brennan expect UK inflation to move higher in October, driven by energy, tobacco and modest food and services gains. They forecast headline CPI at 3.80% year-on-year, with Core CPI and Services CPI also rising. Looking ahead, they see headline CPI pushing closer to 4.25% early next year, with price pressures remaining sticky.
Canadian Dollar remains steady as hawkish Fed bets keep US Dollar stable
USD/CAD holds steady around 1.4250 during Thursday's Asian trading session after posting two consecutive days of gains. Despite the pause, the pair could resume its upward climb as the US Dollar (USD) may draw strength from an increasingly hawkish Federal Reserve (Fed) policy outlook.