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Euro wavers around 0.8590 against British Pound with all eyes on the ECB
The Euro (EUR) is trading sideways in a 15-pip range, roughly between 0.8580 and 0.8595 against the British Pound (GBP) on Thursday.
Thu, Sep 10
Equities: Stagflation pattern weighs on stocks – Danske Bank
Danske Research Team reports that global equities fell as higher energy prices, rising bond yields and a smaller-than-hoped US Treasury buyback weighed on sentiment.
Thu, Sep 10
British Pound: Neutral stance inside narrower band against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann keep a neutral view on GBP/USD around 1.3545, noting recent sideways trade between 1.3531 and 1.3567. They now see a tighter 1.3495–1.3590 range as sufficient to contain price action.
Thu, Sep 10
British Pound moves away from YTD low as Yen consolidates hawkish BoJ-inspired rally
The GBP/JPY cross gains some positive traction on Thursday and moves away from the year-to-date low, around the 207.00 neighborhood, touched earlier this week. Spot prices stick to modest gains above the 208.00 mark through the early European session, though the uptick lacks bullish conviction.
Thu, Sep 10
Japanese Yen: Intervention risk supports against US Dollar – Commerzbank
Michael Pfister highlights that comments from the US Treasury Secretary about having “asymmetric information” on Bank of Japan (BoJ) moves are intended to deter speculative positioning for further Japanese Yen (JPY) weakness.
Thu, Sep 10
USD/CAD Price Forecast: Wobbles around 1.3800 ahead of US PPI data
The Canadian Dollar (CAD) trades sideways at around 1.3810 against the US Dollar (USD) during the European trading session on Thursday. The Loonie pair consolidates as investors await the United States (US) Producer Price Index (PPI) data for August, which will be published at 12:30 GMT.
Thu, Sep 10
Brent: Geopolitics keep rally supported – ING
ING analysts Warren Patterson and Ewa Manthey note that Brent has broken above $100/bbl for the first time since July, driven by persistent geopolitical risk in the Persian Gulf and limited prospects for de-escalation between the US and Iran.
Thu, Sep 10
Euro holds recent gains despite high Oil prices with ECB decision in focus
The Euro (EUR) edges up against the US Dollar (USD) on Thursday, but remains capped below Wednesday’s highs, at the 1.1650 area so far.
Thu, Sep 10
British Pound strengthens above 1.3550, all eyes on US PPI inflation release
The GBP/USD pair gains traction to near 1.3555 during the early European session on Thursday, bolstered by a weaker US Dollar (USD). Markets might turn cautious later in the day ahead of the release of the US Producer Price Index (PPI) data.
Thu, Sep 10
Euro: Firms against US Dollar as ECB hike in focus – Danske Bank
Danske Research Team expects the European Central Bank (ECB) to raise its deposit rate by 25bp to 2.50%, in line with consensus and market pricing, while President Lagarde is expected to retain full optionality on future moves.
Thu, Sep 10
Raydium Price Forecast: Rally signals trend reversal amid network growth, buyback
Raydium (RAY) maintains a firm bullish tone, posting nearly 9% gains on Thursday and extending its 41% rally from Sunday. Solana-based Decentralized Exchange (DEX) is witnessing a surge in network activity and growth amid new token launches.
Thu, Sep 10
Pump.fun launches custom pairs for tokenized stocks and real-world assets on Solana
Pump.fun (PUMP) announced the launch of Custom Pairs, allowing users to create tokens paired with tokenized stocks, major cryptocurrencies, metals and other assets.
Thu, Sep 10
Japanese Yen remains firm against US Dollar amid hawkish BoJ bets, US PPI data eyed
The Japanese Yen (JPY) holds onto an over-a-week-long upside run against the US Dollar (USD) on Thursday. As of writing, the USD/JPY pair trades marginally lower to near 153.45 and is close to its over six-month low at 152.89 posted on Wednesday.
Thu, Sep 10
BoJ’s Masu: Underlying inflation gradually approaching 2% but don't see it overshooting
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the policy rate is still below our estimated range on neutral rate and has been below that level for a very long time so this needs to be fixed soon.
Thu, Sep 10
AUD/JPY Price Forecast: Softens below 111.00, bearish vibe prevails below 100-day SMA
The AUD/JPY cross loses momentum to near 110.75 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid rising expectations of a near-term interest rate hike by the Bank of Japan (BoJ).
Thu, Sep 10
Indian Rupee extends its downward streak as oil prices keep rising
The Indian Rupee (INR) extends its losing run against the US Dollar (USD) for the third trading day on Thursday. The USD/INR pair posts a fresh 10-day high at 95.31 as the ongoing rally in oil prices continues to batter the Indian currency.
Thu, Sep 10
EUR/JPY Price Forecast: Stays near 178.50 amid ongoing bearish bias
EUR/JPY remains steady after three days of losses, trading around 178.60 during the Asian hours on Thursday. Technical analysis of the daily chart indicates the currency cross remains within the descending channel pattern, signalling a bearish bias.
Thu, Sep 10
AUD/USD Price Forecast: Sits near May 14 high, above 0.7200 as US inflation data looms
The AUD/USD pair holds steady above the 0.7200 mark through the Asians session on Thursday and remains close to its highest level since May 14, touched earlier this week.
Thu, Sep 10
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
Thu, Sep 10
Swiss Franc gains as US Dollar weakens on Fed uncertainty
USD/CHF loses ground after registering gains in the previous day, trading around 0.8090 during the Asian hours on Thursday.
Thu, Sep 10
