Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
EUR/JPY Price Forecast: Remains above 185.50 near moving averages
EUR/JPY gains ground after posting minor losses in the previous day, trading around 185.70 during the Asian hours on Thursday. The technical analysis of a daily chart indicates that the currency cross is remaining within the ascending channel pattern, signaling an ongoing bullish bias.
AUD/JPY Price Forecast: Gains ground to near 114.50, bullish tone prevails above 100-day SMA
The AUD/JPY cross trades in positive territory near 114.45 during the early European trading hours on Thursday.
New Zealand Dollar declines to near 0.5950 as US PCE data lift Fed rate hike bets
The NZD/USD pair trades with mild losses around 0.5950 during the early Asian session on Thursday. The US Dollar (USD) strengthens against the New Zealand Dollar (NZD) as US inflation data lifted expectations of a Federal Reserve (Fed) rate hike.
Australian Dollar holds strong due to RBA rate hike bets
AUD/USD extends its gains for the third successive day, trading around 0.7180 during the Asian hours on Thursday.
Canadian Dollar consolidates near weekly low as USD bulls seem hesitant
The USD/CAD pair is seen consolidating near the weekly high and trading around the 1.3875-1.3880 region during the Asian session on Thursday amid mixed fundamental cues.
BoJ’s Himino: Persist in raising rate, adjust monetary support based on economic, price
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday that central bank should persist in raising policy rate and adjust monetary support based on economic, price, and financial trends.Â
Australia Private Capital Expenditure below forecasts (0%) in 2Q: Actual (-3.6%)
Australia Private Capital Expenditure below forecasts (0%) in 2Q: Actual (-3.6%)
PBOC sets USD/CNY reference rate at 6.7840 vs. 6.7829 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Thursday at 6.7840 compared to the previous day's fix of 6.7829 and 6.7261 Reuters estimate.
Japanese Yen edges higher as USD bulls seem hesitant amid Hormuz optimism
The USD/JPY pair attracts some sellers during the Asian session on Thursday, snapping a three-day winning streak, though the downside potential seems limited. Spot prices currently trade above the 159.00 mark as the focus remains on Tokyo inflation data and the Jackson Hole Symposium on Friday.
South Korea BoK Interest Rate Decision meets forecasts (3%)
South Korea BoK Interest Rate Decision meets forecasts (3%)
Euro holds gains above 1.1650 on hawkish ECB bias
The EUR/USD pair edges higher to around 1.1655 during the early Asian session on Thursday. A hawkish stance of the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD).
Japan Foreign Investment in Japan Stocks fell from previous ¥621.2B to ¥-764.1B in August 21
Japan Foreign Investment in Japan Stocks fell from previous ¥621.2B to ¥-764.1B in August 21
Japan Foreign Bond Investment down to ¥-1978.4B in August 21 from previous ¥1135.1B
Japan Foreign Bond Investment down to ¥-1978.4B in August 21 from previous ¥1135.1B