Market News
Stay on top of the major news, data and analysis moving forex and global financial markets.
India HSBC Manufacturing PMI below expectations (52.9) in August: Actual (52.8)
India HSBC Manufacturing PMI below expectations (52.9) in August: Actual (52.8)
Japan Consumer Confidence Index came in at 35.5, above forecasts (35) in August
Japan Consumer Confidence Index came in at 35.5, above forecasts (35) in August
Indonesia Imports above expectations (24.1%) in July: Actual (27.02%)
Indonesia Imports above expectations (24.1%) in July: Actual (27.02%)
Indonesia Trade Balance above expectations ($-0.3B) in July: Actual ($0.13B)
Indonesia Trade Balance above expectations ($-0.3B) in July: Actual ($0.13B)
Indonesia Inflation (YoY) above expectations (3.13%) in August: Actual (3.19%)
Indonesia Inflation (YoY) above expectations (3.13%) in August: Actual (3.19%)
Indonesia Inflation (MoM) came in at 0.21%, above expectations (0.2%) in August
Indonesia Inflation (MoM) came in at 0.21%, above expectations (0.2%) in August
Indonesia Core Inflation (YoY) registered at 2.92% above expectations (2.8%) in August
Indonesia Core Inflation (YoY) registered at 2.92% above expectations (2.8%) in August
Japanese Yen weakens as 10-year bond yield hits 3% for first time since 1996
The USD/JPY pair edges higher to around 159.85 during the early European trading hours on Tuesday.
Euro struggles near 1.1600 amid firm USD; looks to Eurozone HICP for some impetus
The EUR/USD pair struggles to capitalize on the overnight bounce from the 100-day Simple Moving Average (SMA), near the 1.1575-1.1580 region, or a one-and-a-half-week low, and drifts lower during the Asian session on Tuesday.
AUD/JPY Price Forecast: Strengthens above 114.50 as bullish technical setup holds
The AUD/JPY cross trades in a positive territory near 114.60 during the early European session on Tuesday. Stronger-than-expected Chinese economic data provides some support to the China-proxy Australian Dollar (AUD) against the Japanese Yen (JPY).Â
EUR/JPY Price Forecast: Hovers around 185.50 near nine-day EMA support
EUR/JPY inches lower after registering gains in the previous day, trading around 185.50 during Asian hours on Tuesday.
Japan’s MOF official says expects BoJ to steer policy aligned with economy, not influenced by US
A senior official from Japan’s Ministry of Finance on Tuesday declined to comment on recent foreign exchange shifts, adding that expected the Bank of Japan (BoJ) to steer monetary policy aligned with the economy, not influenced by the United States.
New Zealand Dollar remains subdued despite stronger Chinese PMI data
NZD/USD depreciates after posting minor gains in the previous day, trading around 0.5910 during the Asian hours on Tuesday.