Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
New Zealand Dollar consolidates around 0.5675 vs USD as bears await Trump-Xi summit
The NZD/USD pair flatlines around the 0.5675 region, trading just above its lowest level since early July, set the previous day, as investors await a meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.
EUR/JPY Price Forecast: Softens below 180.00, bearish bias persists below 100-day SMA
The EUR/JPY cross trades in negative territory around 179.85 during the early European trading hours on Thursday. Intervention risks from Japanese authorities provide some support to the Japanese Yen (JPY) against the Euro (EUR). Germany’s IFO survey is due later on Thursday.Â
Gold struggles near one-week low as traders await Trump-Xi meeting amid Fed hike bets
Gold (XAU/USD) sticks to a negative bias for the second straight day, trading below the $4,300 mark or a one-week low during the first half of the European session as traders await a crucial meeting between US President Donald Trump and his Chinese counterpart Xi Jinping.
Canadian Dollar holds steady amid oil uncertainties, hawkish Fed sentiment
USD/CAD steadies after three days of gains, trading around 1.4100 during Asian hours on Thursday. The USD/CAD pair has moved little as the commodity-linked Canadian Dollar (CAD) maintains its position amid cautious sentiment surrounding oil prices.
United States Dollar Index holds gains slightly above 101 amid strong US growth prospects
The US Dollar (USD) holds onto Wednesday’s strong gains in the Asian trade on Thursday. As of writing, the US Dollar Index (DXY), which gauges the Greenback’s value against six major currencies, trades firmly near a fresh eight week high of 101.23 posted the previous day.
Silver Price Forecast: XAG/USD falls to near $64.00 amid rising Fed rate hike odds
Silver price (XAG/USD) extends its losses for the second successive day, trading around $64.10 per troy ounce during the Asian hours on Thursday.
Japanese Yen gathers strength amid surging 10-year JGB yields
The USD/JPY pair attracts some sellers to around 157.85 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as traders remain on high alert for further intervention from Japanese authorities.
Australian Dollar declines against Japanese Yen following mixed jobs data
AUD/JPY extends its losses for the second successive day, trading around 110.80 during Asian hours on Thursday. The currency cross continues to trade under pressure as the Australian Dollar (AUD) remains subdued following the release of the latest domestic labor market data.
Japan’s Katayama: Principles on FX established since coordinated intervention remain in effect
Japanese Finance Minister (FM) Satsuki Katayama said on Thursday that principles on foreign exchance established since coordinated Japan-US intervention remain in effect.
Australian Dollar hangs near August 7 low after weak jobs data, ahead of Trump-Xi summit
The AUD/USD pair hits a fresh low since August 7, around the 0.7025 region, following the release of Australian monthly jobs data, though it lacks follow-through selling and defends the 200-day Simple Moving Average (SMA) pivotal support.
Australia Part-Time Employment up to 45.8K in August from previous -32.2K
Australia Part-Time Employment up to 45.8K in August from previous -32.2K
Australia Full-Time Employment declined to -6.3K in August from previous 16.3K
Australia Full-Time Employment declined to -6.3K in August from previous 16.3K