News
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AUD/JPY Price Forecast: Tests confluence support zone near 96.50, nine-day EMA
AUD/JPY halts its winning streak that began on August 21, trading around 96.70 during the early European hours on Thursday. The technical analysis of the daily chart shows that the currency cross is positioned within the ascending channel pattern, suggesting a prevailing bullish bias.
Fxstreet
Thu, Sep 4
EUR/GBP gains ground above 0.8650 ahead of Eurozone Retail Sales release
The EUR/GBP cross gains traction to around 0.8680 during the early European session on Thursday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as market bets that interest rates will remain unchanged in the near term. The Eurozone Retail Sales will take center stage later on Thursday.
Fxstreet
Thu, Sep 4
USD/INR edges lower as India revises GST slabs to boost economy
The Indian Rupee (INR) ticks up against the US Dollar (USD) at open on Thursday. The USD/INR pair edges lower to near 88.15 as the Indian government has revised Goods and Services Tax (GST) rates lower to boost consumption.Fxstreet
Thu, Sep 4
FOREX-Dollar drifts as cracks in US labour market spur rate cut bets
U.S. job openings data reinforces rate cut wagersAll eyes on Friday's payrolls report for policy cues Bond market ructions ease but fiscal worries lingerBy Ankur Banerjee SINGAPORE, Sept 4 (Reuters) - The U.S. dollar steadied on Thursday in a volatile week as investors contended with bond mar...Reuters
Thu, Sep 4
USD/CHF consolidates ahead of key Swiss inflation, US employment data
The USD/CHF pair trades in a tight range around 0.8040 during the Asian trading session on Thursday. The Swiss Franc pair consolidates as investors await key Swiss Consumer Price Index (CPI) and United States (US) ADP Employment and ISM Services PMI data for August.
Fxstreet
Thu, Sep 4
EUR/JPY Price Forecast: Key resistance level emerges near 173.00
The EUR/JPY cross trades on a flat note near 172.65 during the early European session on Thursday. Traders remain divided over the likely timing and pace of Bank of Japan (BoJ) rate hikes amid tariff-related uncertainties.
Fxstreet
Thu, Sep 4
USD/CAD rises above 1.3800 amid weaker Oil prices, US labor data eyed
USD/CAD extends its winning streak for the fourth successive session, trading around 1.3810 during the Asian hours on Thursday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) could have faced challenges due to softer crude oil prices.
Fxstreet
Thu, Sep 4
Australia, NZ dollars consolidate gains, data stays solid
By Wayne Cole SYDNEY, Sept 4 (Reuters) - The Australian and New Zealand dollars held steady on Thursday, having benefited overnight from a revival in wagers for U.S. rate cuts, while positive domestic data provided further support to the Aussie. There was good news on the trade account with Austr...Reuters
Thu, Sep 4
EXCLUSIVE-Top South Korea official says policy institutions to lead on $350 billion US fund, watching FX
Investment not a lump-sum, tailored to project demands, says Lee Hyoung-ilLee says to act to stabilise FX market if needed Expects South Korea's economy to grow 1.8% next yearBy Cynthia Kim and Yena Park SEOUL, Sept 4 (Reuters) - South Korea's pledge to invest $350 billion in strategic U...Reuters
Thu, Sep 4
AUD/JPY holds ground near 97.00 following solid Australia Trade Balance data
AUD/JPY is poised to continue its winning streak that began on August 21, trading around 96.80 during the Asian hours on Thursday. The currency cross moves little following the release of stronger-than-expected Australia’s Trade Balance data.Fxstreet
Thu, Sep 4
Japanese Yen struggles amid BoJ ambiguity and political uncertainty
The Japanese Yen (JPY) struggles to capitalize on its recovery from a one-month trough touched against its American counterpart the previous day and oscillates in a narrow range during the Asian session on Thursday.
Fxstreet
Thu, Sep 4
NZD/USD gathers strength above 0.5850 as US job openings fall more than expected
The NZD/USD pair gains traction to near 0.5880 during the Asian trading hours on Thursday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) after economic data showed weakening labor market conditions.Fxstreet
Thu, Sep 4
FOREX-Dollar weak as cracks in US labour market spur rate cut bets
U.S. job openings data reinforces rate cut wagersAll eyes on Friday's payrolls report for further cues Bond market ructions linger ahead of JGB auctionBy Ankur Banerjee SINGAPORE, Sept 4 (Reuters) - The U.S. dollar softened on Thursday in a volatile week as investors contended with bond marke...Reuters
Thu, Sep 4
