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Dow Jones futures advance as strong Nvidia outlook lifts market sentiment
Dow Jones futures gain by 0.18% to around 53,620 during European hours on Thursday. Meanwhile, S&P 500 futures rise by 0.41%, to trade near 7,720, and Nasdaq 100 futures advance by 0.89% to trade around 29,550.
Thu, Aug 27
Australian Dollar: Tests resistance on firm inflation – OCBC
OCBC Bank strategists Sim Moh Siong and Christopher Wong note Australian inflation surprised on the upside, keeping alive the risk of another Reserve Bank of Australia (RBA) hike even as their base case is that the tightening cycle has ended.
Thu, Aug 27
Brazilian Real: Rate cuts may support BRL against US Dollar - Societe Generale
Societe Generale strategists observe that the Brazilian Real (BRL) largely ignored softer inflation data, which still supports a Banco Central do Brasil (BCB) rate cut in September followed by a pause into elections.
Thu, Aug 27
British Pound extends losses as US Dollar holds ground on Fed rate hike bets
GBP/USD remains subdued for the second successive day, trading around 1.3590 during the European hours on Thursday. The pair depreciates as the US Dollar (USD) remains stronger following the robust economic data released on Wednesday.
Thu, Aug 27
British Pound finds support near weekly low as fiscal woes and rate gap weigh on Yen
The GBP/JPY cross recovers a few pips from the vicinity of the weekly trough, though it lacks follow-through buying and trades around mid-216.00s during the early European session on Thursday.
Thu, Aug 27
Mexican Peso: Carry-driven strength extends against US Dollar – Rabobank
Rabobank's Christian Lawrence and Molly Schwartz highlight that USD/MXN has broken below 17 for the first time since May 2024, prompting a forecast revision toward 16.5 in coming weeks.
Thu, Aug 27
Swiss Franc remains on the defensive despite stronger Swiss employment figures
The Swiss Franc (CHF) has failed to find support on the upbeat Swiss employment figures released on Thursday and keeps drifting lower against the US Dollar (USD) on Thursday.
Thu, Aug 27
Turkish Lira: Inflation expectations outpace CBRT forecasts – Commerzbank
Commerzbank’s Tatha Ghose revisits Turkish inflation dynamics, noting seasonally-adjusted price momentum above 2% m/m and warning that disinflation is unlikely.
Thu, Aug 27
China's Commerce Ministry says we reserve right to take measures against US overcapacity tariffs
In a statement on Thursday, a spokesperson from China's Commerce Ministry said, regarding the United States (US) overcapacity tariff, “We will continue to closely monitor and comprehensively assess the follow-up measures taken by the US.” The spokesperson added, “We reserve the right to take all nec
Thu, Aug 27
Norwegian Krone: Valuation headwinds temper NOK against Euro – BNY
BNY’s Geoff Yu notes that stronger Oil prices have improved Norway’s terms of trade, but EUR/NOK gains have pushed up the I-44 import price index.
Thu, Aug 27
USD/CAD Price Forecast: US-Canada trade war pressures Canadian Dollar
The Canadian Dollar (CAD) trades lower against the US Dollar (USD) on Thursday, with USD/CAD trading marginally higher to near 1.3886. The Loonie faces selling pressure as the ongoing trade war between the United States (US) and Canada has raised Ottawa's economic concerns.
Thu, Aug 27
Forex Today: Markets quiet down ahead of Jackson Hole Symposium
Here is what you need to know on Thursday, August 27:
Thu, Aug 27
New Zealand Dollar hangs near weekly low, below 0.5950 as Fed hike bets lift USD
The NZD/USD pair slips back below mid-0.5900s during the early European session on Thursday, back closer the weekly low, touched the previous day.
Thu, Aug 27
Cardano Price Forecast: ADA risks steeper decline amid easing retail demand
Cardano (ADA) is trading in the red on Thursday, with roughly 10% losses so far this week, suggesting capitulation after last week’s 30% rally. Waning retail demand in ADA futures amid declining Open Interest and funding rates suggests capitulation speculation.
Thu, Aug 27
Australian Dollar: RBA hike repricing supports gains – DBS
DBS Group Research’s Philip Wee notes AUD/USD has risen 2.2% in August after a 1.5% gain in July, leaving the Australian Dollar near year-to-date highs and the best-performing G10 currency in 2026.
Thu, Aug 27
EUR/USD Price Forecast: Correcting lower with the near-term bullish trend intact
The Euro (EUR) remains practically flat against the US Dollar (USD) on Thursday, with the weekly chart showing a mild bearish correction, as the rally from late July lows had reached overbought levels.
Thu, Aug 27
Equities: Tech earnings lift futures after quiet session – Deutsche Bank
The Deutsche Bank strategists describe a modestly positive shift in equity sentiment following Nvidia’s earnings. After a quiet cash session for the S&P 500 and Nasdaq, Nvidia’s revenue beat and bullish AI outlook pushed its shares up 4.7% after-hours, lifting S&P 500 and Nasdaq futures.
Thu, Aug 27
Euro: Lower against US Dollar after PCE surprise – Danske Bank
Danske Research Team notes that the United States (US) Personal Consumption Expenditures (PCE) Price Index inflation surprise triggered a hawkish market reaction, pushing US rates higher and weighing on EUR/USD. The pair dropped to 1.1650 as the US Dollar (USD) found support from stronger data.
Thu, Aug 27
US Dollar: Inflation data supports gains – UOB
UOB Global Economics & Markets Research notes that US PCE inflation for July slightly exceeded expectations, helping US Treasury yields to rise and supporting the US Dollar against most G10 currencies.
Thu, Aug 27
Euro edges down against British Pound despite upbeat German Consumer Confidence data
The Euro (EUR) is trading higher for the third consecutive day against the British Pound (GBP) on Thursday, but the pair keeps ticking down from session highs at the European opening time, despite the bright German GfK Consumer Sentiment data released earlier on the day.
Thu, Aug 27
