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Japan Eco Watchers Survey: Current came in at 46.4, above forecasts (46.3) in August
Japan Eco Watchers Survey: Current came in at 46.4, above forecasts (46.3) in August
GBP/USD Price Forecast: Consolidates below mid-1.3500s; bullish potential seems intact
The GBP/USD pair struggles to capitalize on the previous day's modest gains and oscillates in a range below mid-1.3500s during the Asian session on Tuesday. The downside, however, remains cushioned as the US Dollar (USD) selling remains unabated on the back of a broadly firmer Japanese Yen (JPY).
New Zealand Dollar struggles after China’s Trade Balance data
NZD/USD extends its losses for the third successive day, trading around 0.5850 during the Asian hours on Tuesday. The pair is depreciating as the New Zealand Dollar (NZD) remains under pressure following the release of trade data from China, New Zealand’s major trading partner.
Euro holds steady above 1.1600 as markets brace for US inflation data and ECB rate decision
The EUR/USD pair trades on a flat note around 1.1625 during the early European trading hours on Tuesday. Traders prefer to wait on the sidelines ahead of the key US inflation data and the European Central Bank (ECB) interest rate decision later this week.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
Silver Price Forecast: XAG/USD jumps to near $67 amid drop in US Dollar, bond yields
Silver price (XAG/USD) is up 1.25% to near $67.00 during the Asian trading session on Tuesday.
Gold slides below $4,400 as Fed rate hike bets and Mideast jitters revive USD demand
Gold (XAU/USD) turns lower for the third straight day after a modest intraday uptick and slides below the $4,400 mark during the first half of the European session on Tuesday.
Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.3%) in August
Netherlands, The Consumer Price Index n.s.a (YoY) meets expectations (3.3%) in August
RBA’s Hunter: Housing market crucial transition channel for monetary policy
Reserve Bank of Australia (RBA) Assistant Governor Hunter said on Tuesday that the housing market is an important transition mechanism for monetary policy. Hunter added that the central bank is looking to cool things off in both the housing market and the broader economy.
Indonesia Foreign Reserves: $146.5 (July) vs $145.3
Indonesia Foreign Reserves: $146.5 (July) vs $145.3
Iran warns economic warfare will be met by maritime exclusion zone
Secretary of Iran's Supreme National Security Council, Mohsen Rezaei, warned on Tuesday that Tehran would respond to what it calls US "economic warfare" by imposing a maritime exclusion zone across the Persian Gulf.
Australian Dollar remains steady following China’s Trade Balance data
AUD/USD halts its four-day winning streak, trading around 0.7210 during Asian hours on Tuesday. The pair holds ground following the release Trade Balance data from China, Australia’s close trading partner.
China’s August Trade Balance: Surplus widens to $119.09 billion as expected
China's Trade Balance for August, in US Dollar (USD) terms, arrives at $119.09 billion, almost in line with $119.1 billion estimates, but higher than the July reading of $112.5 billion.