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Indian Rupee: Policy pause offers limited support – Commerzbank
Commerzbank’s Charlie Lay reports that the Reserve Bank of India kept the repo rate at 5.25% for a fourth meeting, maintaining a neutral stance. RBI sees recent inflation overshoot as supply-driven and trimmed its FY2026-2027 inflation forecast while lifting growth to 6.7%.
Czech Koruna: Softer CNB guidance may weigh against euro – ING
ING strategist Frantisek Taborsky says July Czech inflation at 1.7% year-on-year should have limited impact on the Czech National Bank (CNB) meeting. He expects rates to stay at 3.75%, with guidance leaning more dovish than markets.
Silver price today: Silver broadly unchanged, according to FXStreet data
Silver prices (XAG/USD) broadly unchanged on Thursday, according to FXStreet data. Silver trades at $62.01 per troy ounce, broadly unchanged 0.06% from the $62.05 it cost on Wednesday.
United States Challenger Job Cuts: 33.429K (July) vs previous 45.849K
United States Challenger Job Cuts: 33.429K (July) vs previous 45.849K
Brazilian Real: Cautious BCB easing offers limited support – Societe Generale
Societe Generale’s Dev Ashish notes that the central bank of the Brazil, Banco Central do Brasil (BCB) cut the Selic rate by 25bp to 14.0% as expected, extending a 100bp easing cycle since March.
Swedish Krona: Riksbank set to hold despite core pressure – Nomura
Nomura strategists highlight that Swedish CPIF ex-energy inflation surprised to the upside in July even as headline CPIF slowed, largely due to government fuel duty cuts and public transport subsidies.
Spain 5-y Bond Auction rose from previous 2.835%Â to 3.005%
Spain 5-y Bond Auction rose from previous 2.835%Â to 3.005%
France 10-y Bond Auction rose from previous 3.73%Â to 3.9%
France 10-y Bond Auction rose from previous 3.73%Â to 3.9%
Japanese Yen: Upside risk while stuck in range against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang and Lee Sue Ann highlight USD/JPY traded quietly between 157.27 and 157.87, closing at 157.74, with intraday momentum indicators flat. The pair is expected to stay in a 157.30–158.20 band near term.
Eurozone Retail Sales declines unexpectedly by 0.3% MoM in June
Eurozone Retail Sales contracted at a 0.3% pace Month-on-Month (MoM) in June, while they were anticipated to have risen moderately by 0.1%, from 0.4% in May, revised higher from 0.2%.
Eurozone Retail Sales (MoM) below forecasts (0.1%) in June: Actual (-0.3%)
Eurozone Retail Sales (MoM) below forecasts (0.1%) in June: Actual (-0.3%)
Eurozone Retail Sales (YoY) below forecasts (1%) in June: Actual (0.7%)
Eurozone Retail Sales (YoY) below forecasts (1%) in June: Actual (0.7%)
United States Dollar Index rebounds following Israeli airstrikes, Jobless Claims eyed
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains after two days of losses and trading around 99.80 during the European session on Thursday.