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Switzerland Exports (MoM) rose from previous 26616M to 28678M in July
Switzerland Exports (MoM) rose from previous 26616M to 28678M in July
Denmark Gross Domestic Product (YoY) down to 4.6% in 2Q from previous 6.2%
Denmark Gross Domestic Product (YoY) down to 4.6% in 2Q from previous 6.2%
Switzerland Trade Balance: 8370M (July) vs 5224M
Switzerland Trade Balance: 8370M (July) vs 5224M
Denmark Gross Domestic Product (QoQ) fell from previous 1.5% to 0.3% in 2Q
Denmark Gross Domestic Product (QoQ) fell from previous 1.5% to 0.3% in 2Q
Germany Producer Price Index (MoM) came in at 1.1%, above forecasts (0.7%) in July
Germany Producer Price Index (MoM) came in at 1.1%, above forecasts (0.7%) in July
Germany Producer Price Index (YoY) came in at 3%, above forecasts (2.7%) in July
Germany Producer Price Index (YoY) came in at 3%, above forecasts (2.7%) in July
Switzerland Trade Balance up to 8730M in July from previous 5224M
Switzerland Trade Balance up to 8730M in July from previous 5224M
Indonesian Rupiah strengthens as BI to focus on currency stability
USD/IDR extends its losses for the second successive day, trading around 17,810 during the Asian hours on Thursday. The pair depreciates as the Indonesian Rupiah (IDR) finds solid backing from Bank Indonesia's (BI) renewed commitment to currency stability.
WTI Price Forecast: Bulls seem hesitant below $85.00 and 61.8% Fibo. hurdle
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move for the third straight day and trades around the $84.30 area through the Asian session on Thursday.
GBP/USD Price Forecast: Strengthens above 1.3600 as bullish trend holds above 100-day SMA
The GBP/USD pair trades in positive territory around 1.3610 during the early European trading hours on Thursday.
Swiss Franc weakens ahead of Trade Balance data
USD/CHF gains ground after registering handsome losses in the previous day, trading around 0.8000 during the Asian hours on Thursday. The USD/CHF pair continues to hold its gains as the Swiss Franc (CHF) remains under pressure ahead of the upcoming domestic Trade Balance report.
Indian Rupee surrenders gains as higher Oil prices outweigh US Dollar weakness
The Indian Rupee (INR) surrenders a majority of its opening gains against the US Dollar (USD) on Thursday. The USD/INR pair rebounds to near 95.72 from its day's low of 95.59 as higher Oil prices limit the upside in the Indian currency.
Euro consolidates near late May highs as USD draws support from hawkish Fed, Iran risks
The EUR/USD pair enters a bullish consolidation phase after touching its highest level since late May during the Asian session on Thursday. Bulls now await a move beyond the 1.1700 mark before placing fresh bets and positioning for an extension of an over a three-week-old uptrend.