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Sweden Retail Sales (MoM): -0.2% (July) vs previous 1%
Sweden Retail Sales (MoM): -0.2% (July) vs previous 1%
Sweden Retail Sales (YoY) down to 6.2% in July from previous 6.6%
Sweden Retail Sales (YoY) down to 6.2% in July from previous 6.6%
Sweden Gross Domestic Product (QoQ) meets forecasts (1.4%) in 2Q
Sweden Gross Domestic Product (QoQ) meets forecasts (1.4%) in 2Q
Norway Retail Sales declined to -0.7% in July from previous 1.8%
Norway Retail Sales declined to -0.7% in July from previous 1.8%
Norway Registered Unemployment n.s.a in line with forecasts (2.1%) in August
Norway Registered Unemployment n.s.a in line with forecasts (2.1%) in August
Germany Import Price Index (YoY) rose from previous 6.1%Â to 6.8% in July
Germany Import Price Index (YoY) rose from previous 6.1%Â to 6.8% in July
Germany Import Price Index (MoM) meets forecasts (0.2%) in July
Germany Import Price Index (MoM) meets forecasts (0.2%) in July
EUR/JPY Price Forecast: Holds ground above 185.50 near nine-day EMA
EUR/JPY remains steady after minor gains the previous day, trading around 185.80 during Asian hours on Friday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling an ongoing bullish bias.
Canadian Dollar flatlines as traders await Jackson Hole Symposium
The USD/CAD pair trades on a flat note around 1.3850 during the early European trading hours on Friday. Traders prefer to wait on the sidelines ahead of Federal Reserve (Fed) Chair Kevin Warsh's speech at the Jackson Hole symposium later on Friday for clues on his policy outlook.Â
Euro gains on hawkish ECB policy outlook
EUR/USD edges higher after registering minor gains in the previous day, trading around 1.1650 during the Asian hours on Friday. The pair gains ground, bolstered by the European Central Bank’s (ECB) hawkish monetary policy outlook.
New Zealand Dollar gains ground above 0.5950, markets eye Jackson Hole Symposium
The NZD/USD pair gathers strength to near 0.5960 during the Asian trading hours on Friday, bolstered by a hawkish tone from the Reserve Bank of New Zealand (RBNZ). Markets might turn cautious later in the day ahead of Federal Reserve (Fed) Chair Kevin Warsh's speech at the Jackson Hole Symposium.Â
Australian Dollar rises as RBA rate hike odds increase
AUD/USD continues its winning streak for the fourth successive day, trading around 0.7200 during the Asian hours on Friday. The currency pair is appreciating as the Australian Dollar (AUD) receives strong support from rising Reserve Bank of Australia (RBA) rate hike bets.
British Pound edges higher despite delaying BoE rate hike expectations
GBP/USD inches higher after two days of losses, trading around 1.3600 during the Asian hours on Friday. However, the British Pound (GBP) may encounter headwinds as recent declines in Brent crude oil prices ease immediate inflation concerns.