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USD/CAD gathers strength above 1.3850 as US CPI inflation data looms
The USD/CAD pair extends its upside to near 1.3875 during the early European session on Thursday. Rising bets that the Bank of Canada (BoC) would resume its easing cycle undermine the Canadian Dollar (CAD) against the Greenback.
USD/CAD
Fxstreet
Thu, Sep 11
Dollar steady as inflation data and central banks take focus
SINGAPORE, Sept 11 (Reuters) - The dollar stabilised in Asia on Thursday after an unexpected drop in U.S. factory-gate prices bolstered expectations the Federal Reserve will cut rates next week, with traders now awaiting U.S. consumer price data later in the day.
Reuters
Thu, Sep 11
EUR/GBP Price Forecast: Trades calmly near 0.8650 ahead of ECB’s monetary policy announcement
The EUR/GBP pair trades steadily around 0.8650 during the late Asian trading session on Thursday. The asset appears stable ahead of the European Central Bank’s monetary policy announcement at 12:15 GMT.
EUR/GBP
Fxstreet
Thu, Sep 11
AUD/JPY Price Forecast: Bullish tone remains intact near 97.50
The AUD/JPY cross loses ground to near 97.45 during the early European session on Thursday. The upbeat Japanese economic data, including the Reuters Tankan poll and revised Gross Domestic Product (GDP), keep the door open for an imminent Bank of Japan (BoJ) interest rate hike by the year-end.
AUD/JPY
Fxstreet
Thu, Sep 11
USD/INR ticks higher ahead of US inflation data
The Indian Rupee (INR) opens slightly lower at around 88.25 against the US Dollar (USD) on Thursday. Investors brace for a sideways trend in the USD/INR pair ahead of the United States (US) Consumer Price Index (CPI) data for August, which will be published at 12:30 GMT.
Fxstreet
Thu, Sep 11
USD/CHF trades with negative bias below 0.8000; focus remains on US CPI report
The USD/CHF pair struggles to capitalize on its gains registered over the past two days and trades with a mild negative bias, below the 0.8000 psychological mark during the Asian session on Thursday.
USD/CHF
Fxstreet
Thu, Sep 11
EUR/JPY posts modest gains near 172.50 ahead of ECB rate decision
The EUR/JPY cross posts modest gains near 172.50, snapping the four-day losing streak during the Asian trading hours on Thursday. Expectations that political uncertainty in Japan could give the Bank of Japan (BoJ) more reasons to delay interest rate hikes weigh on the Japanese Yen (JPY).
EUR/JPY
Fxstreet
Thu, Sep 11
USD/CAD remains steady above 1.3850, Fed rate cut pricing caps upside
USD/CAD continues its winning streak for the third successive session, trading around 1.3870 during the Asian hours on Thursday.
USD/CAD
Fxstreet
Thu, Sep 11
EUR/USD hovers around 1.1700 ahead of ECB policy decision
EUR/USD holds ground after two days of losses, trading around 1.1700 during the Asian hours on Thursday. The pair moves little as traders adopt caution ahead of the European Central Bank (ECB) interest rate decision due later in the day.
EUR/USD
Fxstreet
Thu, Sep 11
India Morning Newsletter, September 11
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
Thu, Sep 11
Japanese Yen remains confined in a range against USD; bullish potential seems intact
The Japanese Yen (JPY) extends the sideways consolidative price move against its American counterpart for the second straight day on Thursday amid mixed fundamental cues.
USD/JPY
Fxstreet
Thu, Sep 11
Australian Dollar holds losses following Consumer Inflation Expectations
The Australian Dollar (AUD) inches lower on Thursday after registering gains in the previous session.
AUD/USD
Fxstreet
Thu, Sep 11
NZD/USD strengthens to near 0.5950 after RBNZ’s Hawkesby speech
The NZD/USD pair gains traction around 0.5945 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback on rising expectations that the US Federal Reserve (Fed) will deliver three rate cuts before the year's end.
NZD/USD
Fxstreet
Thu, Sep 11
Australia dollar hits 10-month high, kiwi restrained by dovish RBNZ
Aussie breaks to fresh highs on US dollar and yenAided by rising prices for gold, iron oreKiwi lags as RBNZ reaffirms outlook for more rate cutsBy Wayne Cole SYDNEY, Sept 11 (Reuters) - The Australian and New Zealand dollars paused near fresh peaks on Thursday as investors globally awaited a read...
Reuters
Thu, Sep 11
PBOC sets USD/CNY reference rate at 7.1034 vs. 7.1062 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1034 compared to the previous day's fix of 7.1062 and 7.1157 Reuters estimate.
USD/CNH
Fxstreet
Thu, Sep 11
FOREX-Dollar steady as inflation data and central banks take focus
Markets await US CPI data due later on ThursdayECB rate decision due at 1215 GMT Australian dollar nears strongest level since NovemberBy Gregor Stuart Hunter SINGAPORE, Sept 11 (Reuters) - The dollar stabilised in early Asian trading hours on Thursday after an unexpected drop in U.S. factory-gat...
Reuters
Thu, Sep 11
GBP/USD continues to test 1.3550 as US CPI inflation print looms
GBP/USD caught a slim bullish step forward on Wednesday, testing the 1.3550 region for the fourth straight trading day, but thus far remains unable to make any further progress.
GBP/USD
Fxstreet
Thu, Sep 11
AUD/USD toys with ten-month high ahead of US CPI inflation print
AUD/USD rose into its highest bids in ten months on Wednesday, tapping the 0.6635 region for the first time since November of last year. The Aussie caught a firm bid through the day, driven by a general buoyancy to market risk appetite.
AUD/USD
Fxstreet
Wed, Sep 10
Brazil Supreme Court Justice Fux votes to acquit Bolsonaro of coup plot
By Ricardo Brito and Luciana Magalhaes BRASILIA, Sept 10 (Reuters) - Brazilian Supreme Court Justice Luiz Fux voted on Wednesday to acquit former President Jair Bolsonaro of an alleged coup attempt and voted to annul his trial over jurisdiction, breaking with peers and raising the odds of an appe...
Reuters
Wed, Sep 10
USD/CAD holds firm above 1.3850 as traders pile into BoC rate cut bets
The USD/CAD pair gains ground for a second consecutive day around 1.3860 during the early Asian session on Thursday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) amid expectations that the Bank of Canada (BoC) would resume its easing cycle this month.
USD/CAD
Fxstreet
Wed, Sep 10
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