Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
NZD/USD Price Forecast: Posts mild gains near 0.5850 but bearish momentum signals capped upside
The NZD/USD pair posts modest gains around 0.5855 during the early European trading hours on Thursday, supported by stronger-than-expected Chinese economic data. Attention will shift to the US August employment data, which will be released later on Friday.
Turkey Consumer Price Index (YoY) registered at 31.51%, below expectations (31.62%) in August
Turkey Consumer Price Index (YoY) registered at 31.51%, below expectations (31.62%) in August
Turkey Consumer Price Index (MoM) below expectations (1.93%) in August: Actual (1.84%)
Turkey Consumer Price Index (MoM) below expectations (1.93%) in August: Actual (1.84%)
Turkey Producer Price Index (YoY) increased to 27.95% in August from previous 27.83%
Turkey Producer Price Index (YoY) increased to 27.95% in August from previous 27.83%
Turkey Producer Price Index (MoM) increased to 2.57% in August from previous 1.52%
Turkey Producer Price Index (MoM) increased to 2.57% in August from previous 1.52%
Switzerland Gross Domestic Product (QoQ) above forecasts (1.6%) in 2Q: Actual (1.9%)
Switzerland Gross Domestic Product (QoQ) above forecasts (1.6%) in 2Q: Actual (1.9%)
Switzerland Gross Domestic Product (YoY) rose from previous 0.5%Â to 2.8% in 2Q
Switzerland Gross Domestic Product (YoY) rose from previous 0.5%Â to 2.8% in 2Q
USD/JPY Price Forecast: Bears target 156.50 support zone amid sharp Yen appreciation
The USD/JPY pair remains under intense selling pressure for the second straight day and plummets to a nearly four-week low, around the 157.25-157.20 region during the early European session on Thursday.
Asian stock markets reflect mixed trend in countdown to US NFP data
Stock markets in the Asian region demonstrate a mixed performance as investors shift their focus to the United States (US) Nonfarm Payrolls (NFP) data for August, which will be released on Friday.
Japanese Yen: JPY surge on BoJ signals – Commerzbank
Commerzbank’s Charlie Lay and Dr. Henry Hao highlight a sharp rebound in the Japanese Yen, with USD/JPY dropping around 150 pips as markets react to increasingly hawkish Bank of Japan guidance and intervention speculation.
Australian Dollar stalls below 0.7170, halfway through last two weeks’ range
The Australian Dollar (AUD) edges down against the US Dollar (USD) on Thursday, following a narrowing trade surplus in Australia and fairly positive PMI data from China, a key trading partner.
Switzerland Consumer Price Index (YoY) above expectations (0.5%) in August: Actual (0.8%)
Switzerland Consumer Price Index (YoY) above expectations (0.5%) in August: Actual (0.8%)
Switzerland Consumer Price Index (MoM) above forecasts (0%) in August: Actual (0.4%)
Switzerland Consumer Price Index (MoM) above forecasts (0%) in August: Actual (0.4%)