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Germany Consumer Price Index (MoM) meets forecasts (0.2%) in August
Germany Consumer Price Index (MoM) meets forecasts (0.2%) in August
Denmark Consumer Price Index (YoY): 2% (August) vs 1.7%
Denmark Consumer Price Index (YoY): 2% (August) vs 1.7%
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in August
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in August
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in August
Germany Consumer Price Index (YoY) meets forecasts (2.9%) in August
Japanese Yen remains firm against US Dollar amid hawkish BoJ bets, US PPI data eyed
The Japanese Yen (JPY) holds onto an over-a-week-long upside run against the US Dollar (USD) on Thursday. As of writing, the USD/JPY pair trades marginally lower to near 153.45 and is close to its over six-month low at 152.89 posted on Wednesday.
BoJ’s Masu: Underlying inflation gradually approaching 2% but don't see it overshooting
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the policy rate is still below our estimated range on neutral rate and has been below that level for a very long time so this needs to be fixed soon.
AUD/JPY Price Forecast: Softens below 111.00, bearish vibe prevails below 100-day SMA
The AUD/JPY cross loses momentum to near 110.75 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid rising expectations of a near-term interest rate hike by the Bank of Japan (BoJ).Â
EUR/JPY Price Forecast: Stays near 178.50 amid ongoing bearish bias
EUR/JPY remains steady after three days of losses, trading around 178.60 during the Asian hours on Thursday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias.
Indonesia Consumer Confidence rose from previous 116.8Â to 118.5 in August
Indonesia Consumer Confidence rose from previous 116.8Â to 118.5 in August
Swiss Franc gains as US Dollar weakens on Fed uncertainty
USD/CHF loses ground after registering gains in the previous day, trading around 0.8090 during the Asian hours on Thursday.
EUR/USD Price Forecast: Sticks to gains above 1.1600 as bulls await ECB, US PPI
The EUR/USD pair attracts some dip-buyers during the Asian session on Thursday, though it lacks follow-through as traders seem hesitant ahead of the European Central Bank (ECB) meeting and the US Producer Price Index (PPI).
New Zealand Dollar edges higher to near 0.5850 ahead of US PPI inflation data
The NZD/USD pair gathers strength to around 0.5845 during the early Asian session on Thursday, bolstered by a softer US Dollar (USD). All eyes will be on the upcoming Producer Price Index (PPI) data due on Thursday.Â
British Pound rises as US Dollar weaken ahead of PPI data
GBP/USD extends its winning streak for the fifth consecutive day, trading around 1.3540 during the Asian hours on Thursday.