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Pound Sterling declines on stagnant UK GDP growth
The Pound Sterling (GBP) faces selling pressure against its major currency peers on Friday after the release of the UK Gross Domestic Product (GDP) and factory data for July.
GBP/USD
Fxstreet
Fri, Sep 12
Silver Price Forecast: XAG/USD marks fresh 14-year highs above $42.00
Silver price (XAG/USD) extends its winning streak for the third successive session, marking a fresh 14-year high at $42.17 during the Asian hours on Friday.
Silver
Fxstreet
Fri, Sep 12
EUR/GBP holds positive ground near 0.8650 as UK economy stalls in July
The EUR/GBP cross trades on a positive note near 0.8650 during the early European session on Friday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
EUR/GBP
Fxstreet
Fri, Sep 12
Germany Consumer Price Index (YoY) in line with forecasts (2.2%) in August
Germany Consumer Price Index (YoY) in line with forecasts (2.2%) in August
EUR/USD
Fxstreet
Fri, Sep 12
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.1%) in August
Germany Harmonized Index of Consumer Prices (YoY) meets forecasts (2.1%) in August
EUR/USD
Fxstreet
Fri, Sep 12
Dollar on back foot as surging jobless claims firm up Fed rate cut views
SINGAPORE, Sept 12 (Reuters) - The dollar regained some strength but remained under pressure on Friday as a surge in U.S. jobless claims and a modest tick up in inflation kept investors zeroed in on likely Federal Reserve interest rate cuts next week and beyond.
Reuters
Fri, Sep 12
USD/CHF trades steadily below 0.8000 ahead of US Michigan Consumer Sentiment data
The USD/CHF pair trades calmly near 0.7960 during the late Asian trading session on Friday. The Swiss Franc pair ticks up as the US Dollar stabilizes after a sharp downside move on Thursday.
USD/CHF
Fxstreet
Fri, Sep 12
AUD/JPY Price Forecast: Keeps bullish vibe above 98.00, overbought RSI warrants caution for bulls
The AUD/JPY cross trades in positive territory for the third consecutive day around 98.20 during the early European session on Friday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) on political uncertainty in Japan.
AUD/JPY
Fxstreet
Fri, Sep 12
USD/INR opens higher amid US-India trade tensions, India’s CPI data in focus
The Indian Rupee opens on a weak note against the US Dollar (USD) on Friday.
Fxstreet
Fri, Sep 12
GBP/JPY Price Forecast: Bulls flirt with 200.00 mark ahead of UK macro data
The GBP/JPY cross attracts buyers for the third consecutive day, with bulls making a fresh attempt to build on the positive move beyond the 200.00 psychological mark during the Asian session on Friday.
GBP/JPY
Fxstreet
Fri, Sep 12
EUR/USD holds below 1.1750 ahead of German HICP release
The EUR/USD pair loses traction to around 1.1725 during the Asian trading hours on Friday, pressured by a firmer US Dollar (USD). Nonetheless, the potential downside might be limited amid the rising bets of the US Federal Reserve (Fed) rate cut next week.
EUR/USD
Fxstreet
Fri, Sep 12
When are the UK data releases and how could they affect GBP/USD?
The United Kingdom (UK) docket has the monthly Gross Domestic Product (GDP) to be released by the Office for National Statistics (ONS) on Friday, alongside the Trade Balance and Industrial Production, all of which will be published later this session at 06:00 GMT.
GBP/USD
Fxstreet
Fri, Sep 12
How government debt stress could roll across world markets
Long-dated bond slump seen rippling into tech, FX - investors Japan sells overseas stocks as rate hike bets boost yen French budget tumult could cap euro rally - analysts By Naomi Rovnick LONDON, Sept 12 (Reuters) - Escalating fears about government finances everywhere from Britain to Japan have...
Reuters
Fri, Sep 12
US, Japan reaffirm FX commitments, leave room for interventions
Joint statement makes no fresh FX demands from USSays FX intervention should be reserved for excess volatilityJapan, US had separate channel to discuss FX in trade talksBy Makiko Yamazaki and Leika Kihara TOKYO, Sept 12 (Reuters) - The United States and Japan reaffirmed their commitment to "m...
Reuters
Fri, Sep 12
USD/CAD holds gains near 1.3850 ahead of Michigan Consumer Sentiment Index
USD/CAD edges higher after registering gains of around a quarter of a percent in the previous session, trading around 1.3840 during the Asian hours on Friday.
USD/CAD
Fxstreet
Fri, Sep 12
India Morning Newsletter, September 12
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Fri, Sep 12
Australian dollar set for best week since April as bullish case builds
Aussie among best performing G10 currencies with 1.6% weekly gainAt 10-month high on US dollar, also scales new peaks on euro, yen, Canadian dollarNew Zealand dollar lags a little but not far behindBy Stella Qiu SYDNEY, Sept 12 (Reuters) - The Australian dollar was at a 10-month high against the ...
Reuters
Fri, Sep 12
Gemini Announces Initial Public Offering Of 15,178,572 Shares Of Class A Common Stock At A Public Offering Price Of $28.00 Per Share
Sept 11 (Reuters) - GEMINI - INITIAL PUBLIC OFFERING OF 15,178,572 SHARES OF CLASS A COMMON STOCK AT A PUBLIC OFFERING PRICE OF $28.00 PER SHAREFurther company coverage: [ ]
Reuters
Fri, Sep 12
Japanese Yen struggles amid political uncertainty and risk-on mood; downside seems limited
The Japanese Yen (JPY) struggles to capitalize on the overnight bounce from a three-day low against a broadly weaker US Dollar (USD) and ticks lower during the Asian session on Friday.
USD/JPY
Fxstreet
Fri, Sep 12
NZD/USD loses ground below 0.5900 on renewed US Dollar demand
The NZD/USD pair loses ground to near 0.5870 during the Asian trading hours on Friday. The pair edges lower on a modest rebound in the US Dollar (USD) and deflationary pressures in China.
NZD/USD
Fxstreet
Fri, Sep 12
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