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United Kingdom Nationwide Housing Prices n.s.a (YoY) fell from previous 1.6% to 0.8% in September
United Kingdom Nationwide Housing Prices n.s.a (YoY) fell from previous 1.6% to 0.8% in September
GBP/USD Price Forecast: Declines to near 1.3250 as bearish bias persists below 100-day moving average
The GBP/USD pair trades in negative territory around 1.3250 during the early European trading hours on Thursday. The British Pound (GBP) edges lower against the US Dollar (USD) amid widening monetary policy divergence between the Bank of England (BoE) and the US Federal Reserve (Fed).
AUD/USD Price Forecast: On verge of 78.6% Fibo breakdown near 0.6950
The Australian Dollar (AUD) is up against its major currency pairs on Thursday, but is almost flat against the US Dollar (USD) at around 0.6948 in the early European trade.
Swiss Franc reaches fresh 16-month lows ahead of CPI data
USD/CHF continues its winning streak for the seventh consecutive trading day, reaching its fresh 16-month high of 0.8367 during Asian hours on Thursday. The currency pair appreciated as the Swiss Franc (CHF) lost ground due to sharply weakening investor sentiment in September.
Indian Rupee hits fresh two-month low amid surging US Treasury yields
The Indian Rupee (INR) extends its weakness against the US Dollar (USD) on Thursday after a weak opening.
WTI Price Forecast: Bears await acceptance below $88.00, 50% Fibo. support breakdown
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – comes under some renewed selling pressure during the Asian session on Thursday, reversing the previous day's modest recovery gains.
India HSBC Manufacturing PMI registered at 55.1, below expectations (55.7) in September
India HSBC Manufacturing PMI registered at 55.1, below expectations (55.7) in September
AUD/JPY Price Forecast: Recovers from six-month low, but retains bearish bias below 100-day SMA
The AUD/JPY cross trades in positive territory around 109.95 during the early European session on Thursday.
Gold hangs near daily low as USD buying remains unabated amid surging US yields
Gold (XAU/USD) slides to the lower end of its daily range during the first half of the European session after being rejected near $4,200 earlier this Thursday.
EUR/JPY Price Forecast: Tests nine-day EMA barrier after rebounding above 179.00
EUR/JPY halts its four-day losing streak, trading around 179.20 during Asian hours on Thursday. Technical analysis of the daily chart shows that the currency cross remains confined within a descending channel pattern. This continuous formation reinforces a persistent bearish outlook for the pair.
Indonesia Trade Balance above expectations ($0.6B) in August: Actual ($3.55B)
Indonesia Trade Balance above expectations ($0.6B) in August: Actual ($3.55B)
Indonesia Imports registered at 19.09%, below expectations (31.7%) in August
Indonesia Imports registered at 19.09%, below expectations (31.7%) in August
Netherlands, The Retail Sales (YoY) climbed from previous 2.8% to 3.5% in August
Netherlands, The Retail Sales (YoY) climbed from previous 2.8% to 3.5% in August