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United Kingdom Goods Trade Balance registered at £-20.965B above expectations (£-22.3B) in July
United Kingdom Goods Trade Balance registered at £-20.965B above expectations (£-22.3B) in July
United Kingdom Manufacturing Production (YoY) above expectations (2%) in July: Actual (2.6%)
United Kingdom Manufacturing Production (YoY) above expectations (2%) in July: Actual (2.6%)
United Kingdom Manufacturing Production (MoM) came in at 0.9%, above forecasts (0.2%) in July
United Kingdom Manufacturing Production (MoM) came in at 0.9%, above forecasts (0.2%) in July
United Kingdom Industrial Production (YoY) above forecasts (0.2%) in July: Actual (0.6%)
United Kingdom Industrial Production (YoY) above forecasts (0.2%) in July: Actual (0.6%)
United Kingdom Gross Domestic Product (MoM) registered at 0.4% above expectations (0%) in July
United Kingdom Gross Domestic Product (MoM) registered at 0.4% above expectations (0%) in July
United Kingdom Industrial Production (MoM) came in at 0.2%, above expectations (-0.2%) in July
United Kingdom Industrial Production (MoM) came in at 0.2%, above expectations (-0.2%) in July
USD/CAD Price Forecast: Trades near 1.3850 after breaking above nine-day EMA
USD/CAD extends its gains for the third consecutive day, trading around 1.3840 during the Asian hours on Friday. The technical analysis of the daily chart indicates the pair is remaining within the descending channel pattern, signalling a persistent bearish bias.
Indian Rupee cracks this week amid higher oil prices, US bond yields
The Indian Rupee (INR) extends its downward spiral against the US Dollar (USD) for the fourth trading day on Friday, with the USD/INR pair rising to near 95.80.
Indonesian Rupiah weakens against US Dollar amid budget pressures
USD/IDR gains ground for the second successive day, trading around 17,660 during the Asian hours on Friday. The pair appreciates as the Indonesian Rupiah (ID) struggles with persistent fiscal concerns. As a net oil importer, Indonesia faces mounting budget pressures from elevated oil prices.
Euro struggles near 1.1600 vs USD as Fed hike bets and hawkish ECB clash ahead of US CPI
The EUR/USD pair remains under some selling pressure for the second straight day on Thursday, though it lacks follow-through and holds above the weekly low, which it touched the previous day.
EUR/JPY Price Forecast: Softens to near 179.00, bearish bias remains intact below 100-day SMA
The EUR/JPY cross trades in negative territory around 179.10 during the early European session on Friday. The expectation of a Bank of Japan (BoJ) rate hike next week provides some support to the Japanese Yen (JPY) against the Euro (EUR).Â
Asian Stocks decline as surging oil prices stoke inflation fears and lift Fed hike bets
Asian stocks declined sharply on Friday, tracking the overnight fall on Wall Street, as a surge in energy prices and a global bond selloff trigger the broader risk-off move.
Swiss Franc declines as US Dollar strengthens on rising Fed hike bets
USD/CHF gains ground for the third consecutive day, trading around 0.8140 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) gains ground as expectations grow for a Federal Reserve (Fed) rate hike in September.