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British Pound moves away from two-month low after UK Q2 GDP as USD retreats ahead of PCE
The GBP/USD pair attracts some buyers during the early European session on Wednesday and moves away from a two-month low, around the 1.3200 mark touched the previous day.
GBP/JPY Price Forecast: Bright UK data helps the Pound to extend its recovery
The British Pound (GBP) is bouncing strongly against the Japanese Yen (JPY) in Wednesday’s early London session, supported by the upward revision of the UK's Gross Domestic Product (GDP) and a positive surprise in the Current Account.
Forex Today: Market focus shifts to critical US inflation and employment data
Here is what you need to know on Wednesday, September 30:
Austria Producer Price Index (MoM): 0.9% (August) vs 0.3%
Austria Producer Price Index (MoM): 0.9% (August) vs 0.3%
Austria Producer Price Index (YoY) up to 4.6% in August from previous 3.3%
Austria Producer Price Index (YoY) up to 4.6% in August from previous 3.3%
Euro recovers strongly against Japanese Yen, German HICP in focus
The Euro (EUR) has recovered a majority of its early losses against the Japanese Yen (JPY), but is still 0.14% down at around 178.13 during the European trading session on Wednesday.
Sweden Consumer Confidence (MoM) climbed from previous 98 to 102.2 in September
Sweden Consumer Confidence (MoM) climbed from previous 98 to 102.2 in September
Turkey Unemployment Rate down to 7.8% in August from previous 8.1%
Turkey Unemployment Rate down to 7.8% in August from previous 8.1%
Turkey Trade Balance meets forecasts (-5.24B) in August
Turkey Trade Balance meets forecasts (-5.24B) in August
France Producer Prices (MoM) registered at 1% above expectations (0%) in August
France Producer Prices (MoM) registered at 1% above expectations (0%) in August
France Consumer Price Index (EU norm) (YoY) came in at 3.4%, above expectations (3%) in September
France Consumer Price Index (EU norm) (YoY) came in at 3.4%, above expectations (3%) in September
France Consumer Spending (MoM) below forecasts (0%) in August: Actual (-0.5%)
France Consumer Spending (MoM) below forecasts (0%) in August: Actual (-0.5%)
France Consumer Price Index (EU norm) (MoM) came in at -0.4%, above forecasts (-0.5%) in September
France Consumer Price Index (EU norm) (MoM) came in at -0.4%, above forecasts (-0.5%) in September