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Germany GfK Consumer Confidence Survey came in at -26.6, above forecasts (-29.6) in September
Germany GfK Consumer Confidence Survey came in at -26.6, above forecasts (-29.6) in September
BoJ’s Himino says will balance economic data and inflation risks on rates
Bank of Japan (BoJ) Deputy Governor Ryozo Himino said on Thursday that the central bank will reach decision on rates balancing need to gain information on economy, financial conditions, and acting in timely fashion to avoid being behind the curve on inflation.
United States Dollar holds gains near 99, all eyes on Jackson Hole Symposium
The US Dollar (USD) clings to previous day’s gains on Thursday, driven by a sticky United States (US) Personal Consumption Expenditure (PCE) Price Index report for July.
Euro drifts higher above 1.1650 on hawkish ECB stance
The EUR/USD pair gains ground to near 1.1655 during the early European trading hours on Thursday. The Euro (EUR) strengthens against the Greenback on the hawkish stance of the European Central Bank (ECB). The US Initial Jobless Claims data is due on Thursday.
Indian Rupee falls as upbeat US Dollar outweighs lower oil prices
The Indian Rupee (INR) trades lower against the US Dollar (USD) on Thursday after a holiday the previous day. The USD/INR pair rebounds to near 95.50 from its 10-day low of 95.40 posted on Tuesday.
USD/JPY Price Forecast: Bulls await breakout above 50% Fibo. hurdle near 159.65
The USD/JPY pair turns positive for the fourth consecutive day following an intraday dip to the 159.00 neighborhood during the Asian session on Thursday.
Swiss Franc steadies as US Dollar holds ground following robust economic data
USD/CHF remains steady after registering 0.5% gains in the previous day, trading around 0.8050 during the Asian hours on Thursday. The currency pair remains bound to a tight range as a resilient US Dollar (USD) holds its ground, bolstered by robust economic data.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
British Pound languishes near weekly low, below 1.3600 as USD bulls await Warsh's speech
The GBP/USD pair is seen consolidating near the lower end of its weekly range, below the 1.3600 mark, during the Asian session on Thursday.
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.
Gold holds steady around $4,600 as traders eye Fed's Warsh for rate cues
Gold (XAU/USD) languishes near the $4,600 mark through the first half of the European session on Thursday and remains close to the weekly low it touched the previous day.
South Korean Won gains on back-to-back BoK interest rate hikes
The South Korean Won (KRW) trades higher against the US Dollar (USD) on Thursday, with USD/KRW falling 0.3% to near 1,380 during the Asian trading session. The pair revisits its 11-month low as back-to-back interest rate hikes by the Bank of Korea (BoK) have strengthened the currency.