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Indonesia Core Inflation (YoY) came in at 2.84% below forecasts (3%) in September
Indonesia Core Inflation (YoY) came in at 2.84% below forecasts (3%) in September
Indonesia Inflation (MoM) below expectations (0.31%) in September: Actual (0.3%)
Indonesia Inflation (MoM) below expectations (0.31%) in September: Actual (0.3%)
Indonesia Inflation (YoY) registered at 3.2%, below expectations (3.3%) in September
Indonesia Inflation (YoY) registered at 3.2%, below expectations (3.3%) in September
United States Dollar Index approaches yearly high near 101.80, US ISM PMI in focus
The US Dollar (USD) outperforms its major currency peers on Thursday. In the Asian session, the US Dollar Index (DXY), which gauges the Greenbackās value against six major currencies, trades 0.13% higher to near 101.60. The DXY is little far from its yearly high of 101.80.
Silver Price Forecast: XAG/USD holds above $61.00 amid easing Fed rate hike expectations
Silver price (XAG/USD) gains ground after posting losses the previous day, trading around $60.90 per troy ounce during Asian hours on Thursday.
Japanese Yen drops to weekly low as elevated US bond yields lift USD to two-month high
The USD/JPY pair builds on the previous day's bounce from the 156.40-156.35 region, or a one-and-a-half-week low, and gains strong follow-through traction during the Asian session on Thursday.
Euro weakens below 1.1350 on higher US Treasury yields, Lagarde's dovish tilt
The EUR/USD pair drifts lower to around 1.1325 during the early Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Euro (EUR) amid an extended rise in US Treasury yields. The US weekly Initial Jobless Claims report and the Fedspeak will be the highlights later in the day.Ā
Fed path shaped by firm inflation ā Societe Generale
Societe Generaleās Jan Groen reviews August US inflation and growth data, highlighting that Core PCE came in softer than expected but underlying price pressures in services remain firm. Benchmark revisions lowered measured inflation but still show it above levels consistent with the Federal Reserveās target. Stronger consumption and GDP revisions suggest the US economy entered 2H26 with more momentum, keeping an October rate hike possible.
US Dollar: Fed outlook supported by robust data ā TD Securities
TD Securities economists Oscar Munoz and Eli Nir assess US PCE and GDP revisions as broadly supportive for a firm US macro backdrop and a still-hawkish Federal Reserve stance. They highlight robust US growth, sticky inflation and upgraded GDP forecasts, arguing that lower inflation revisions do not materially alter the narrative for the US Dollar or Fed policy expectations.
Australian Dollar remains stronger against Japanese Yen following Trade Balance data
AUD/JPY halts its seven-day losing streak, trading around 109.80 during Asian hours on Thursday. The currency cross remains stronger as the Australian Dollar (AUD) holds gains following the release of domestic Trade Balance data.
British Pound retreats further from one-week top as USD buying remains unabated
The GBP/USD pair edges lower during the Asian session on Thursday, retreating further from levels beyond the 1.3300 mark, or a one-week high, touched the previous day.
Australian Dollar declines below 0.6959 as Trade Surplus shrinks sharply
The AUD/USD pair trades with mild losses around 0.6945 during the early Asian session on Thursday. The Australian Dollar (AUD) edges lower against the US Dollar (USD) following Australia's TradeĀ Balance data.
Reserve Bank of Australia: Households, businesses can weather slower economy, falling house prices
In its Financial Stability Review (FSR) published on Thursday, Ā the Reserve Bank of Australia (RBA) said that āhouseholds and businesses are well placed to weather a slower economy and falling house prices.ā