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Sweden Consumer Price Index (MoM) meets forecasts (-0.3%) in August
Sweden Consumer Price Index (MoM) meets forecasts (-0.3%) in August
Sweden Consumer Price Index (YoY) in line with forecasts (0.3%) in August
Sweden Consumer Price Index (YoY) in line with forecasts (0.3%) in August
British Pound trades higher at start of UK data-packed, BoE policy week
The British Pound (GBP) is up against its major currency peers, except North American currencies, at the start of the United Kingdom (UK) data-packed week and the Bank of England’s (BoE) monetary policy announcement.
WTI Price Forecast: Retains bullish bias above mid-$98.00s and 61.8% Fibo.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – kicks off the new week on a positive note, reversing a part of Friday's retracement slide from its highest level since May 21.
Swiss Franc weakens as US Dollar gains on Fed rate hike odds
USD/CHF extends its winning streak for the fourth consecutive day, trading around 0.8180 during Asian hours on Monday. The pair appreciates as the US Dollar (USD) gains support amid aggressive Federal Reserve (Fed) rate-hike bets for Wednesday’s decision following hotter US inflation reports.
AUD/JPY Price Forecast: Holds steady near 110.00, bearish technicals persist
The AUD/JPY cross trades on a flat note near 110.10 during the early European trading hours on Monday.
Gold remains depressed above $4,300 as USD sticks to gains amid Fed hike bets, Iran risks
Gold (XAU/USD) sticks to intraday losses through the first half of the European session, though it holds above the $4,300 mark and Friday's swing low. The downside seems cushioned as traders keenly await this week's key central bank events before placing fresh directional bets on the commodity.
EUR/USD Price Forecast: Slides to four-week low as hawkish Fed bets accelerate
The Euro (EUR) is down 0.28% to near 1.1565 against the US Dollar (USD) during the European trading session on Monday.
Japan Capacity Utilization down to 0.5% in July from previous 4.1%
Japan Capacity Utilization down to 0.5% in July from previous 4.1%
Japan Industrial Production (MoM) came in at -0.2% below forecasts (0.1%) in July
Japan Industrial Production (MoM) came in at -0.2% below forecasts (0.1%) in July
Japan Industrial Production (YoY): 3.9% (July) vs previous 4.1%
Japan Industrial Production (YoY): 3.9% (July) vs previous 4.1%
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Monday, according to data compiled by FXStreet.
EUR/JPY Price Forecast: Trades near 178.50 after rebounding from descending channel bottom
EUR/JPY gains ground after registering losses in the previous day, trading around 178.30 during Asian hours on Monday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling an ongoing bearish bias.