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United Kingdom Gross Domestic Product (MoM) meets forecasts (0.1%) in May
United Kingdom Gross Domestic Product (MoM) meets forecasts (0.1%) in May
Indian Rupee falls further amid higher oil prices, FIIs extend selling streak
The Indian Rupee (INR) trades lower against the US Dollar (USD), extending its losing streak for the third trading day on Thursday. The USD/INR pair rises to near 96.32 as elevated crude oil prices have renewed fears of higher foreign outflows.
GBP/USD Price Forecast: Maintains constructive uptrend above 1.3500 despite mild losses
The GBP/USD pair trades with mild losses around 1.3535 during the early European trading hours on Thursday.
Asian stocks lean lower due to tech sell-off, rising US-Iran tensions
Asian stocks face downward pressure on Thursday, delivering mixed results as a renewed sell-off in semiconductor shares dragged down the tech sector. The retreat stems from persistent investor skepticism over whether the artificial intelligence rally can sustain its current valuations.
WTI Price Forecast: Slips below $79.00; bullish bias persists amid US-Iran tensions
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – ticks lower during the Asian session on Thursday, though it lacks bearish conviction and remains close to an over one-month high touched earlier this week.
BoJ Quarterly Survey: 90.4% of Japanese households anticipate price increases in a year
The Bank of Japan (BoJ) quarterly survey in June showed on Thursday that 90.4% of Japanese households expect prices to rise a year from now, compared with 83.7% in the previous survey.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Euro consolidates near four-week top, above mid-1.1400s amid mixed Fed cues, geopolitics
The EUR/USD pair holds steady above the 1.1450 level during the Asian session on Thursday and consolidates its strong gains registered over the past two days, to the highest level since June 18.
Netherlands, The Unemployment Rate s.a (3M) dipped from previous 3.9% to 3.8% in June
Netherlands, The Unemployment Rate s.a (3M) dipped from previous 3.9% to 3.8% in June
AUD/JPY Price Forecast: Declines below 113.50, while maintaining bullish near‑term structure
The AUD/JPY cross trades in negative territory around 113.45 during the early European trading hours on Thursday. Verbal intervention from Japanese authorities provides some support to the Japanese Yen (JPY) against the Australian Dollar (AUD).
Indonesian Rupiah weakens as higher oil import costs stretch the trade balance
USD/IDR gains ground after two days of losses, trading around 18,100 during the Asian hours on Thursday. The pair holds ground as the Indonesian Rupiah (IDR) faces downward pressure as surging oil import costs stretch the nation's trade balance and stoke inflation.
Gold bears retain control as Iran tensions fuel inflation fears and revive Fed hike bets
Gold (XAU/USD) sticks to modest intraday losses through the first half of the European session on Wednesday and currently trades near the lower end of its daily range, around the $4,025 region, down 0.85% for the day.
Senior BoJ official: Delay in adjustment amid high inflation risk could trigger economic downturn
Senior officials from the Bank of Japan (BoJ) said on Thursday that a delay in stimulus adjustment amid high inflation risk could trigger an economic downturn.