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MXN: Weak real economy, further interest rate cuts, yet no weaker peso – Commerzbank
At the beginning of the year, very few analysts would have predicted that the Brazilian real and the Mexican peso would perform so well against the US dollar, with gains of 17% and 13% respectively, Commerzbank's FX analyst Tatha Ghose notes.
Fxstreet
Thu, Sep 25
TRY: Court rulings precipitate constitutional problem – Commerzbank
Yesterday, Istanbul's 45th civil court ordered a suspension of opposition CHP’s extraordinary provincial congress in Istanbul, undermining the authority of the Supreme Election Council (YSK) which had previously green-lit the event after some deliberation (and with some conditions), Commerzbank's FX
Fxstreet
Thu, Sep 25
GBP/JPY Price Forecast: Bulls are testing resistance at 200.30 area
The British Pound is trading higher against the Japanese Yen for the fourth consecutive day. The pair bounced up from the 199.20 area last week and has returned above the 200.00 level; however, a broken trendline resistance in the vicinity of 200.30 is currently holding bulls back for now.
Fxstreet
Thu, Sep 25
GBP/JPY ticks down to near 200.00, investor await Tokyo CPI data
The GBP/JPY pair edges lower to near 200.00 during the late Asian trading session on Thursday. The pair ticks down as the Japanese Yen (JPY) trades higher, following the release of the Bank of Japan (BoJ) Monetary Policy minutes of the July meeting released earlier in the day.Fxstreet
Thu, Sep 25
AUD/JPY Price Forecast: Constructive outlook remains in play above 98.00
The AUD/JPY cross trades flat near 98.05 during the early European session on Thursday. Minutes from the Bank of Japan’s (BoJ) July meeting revealed that board members expect the central bank to keep hiking if inflation and the economy move as estimated.
Fxstreet
Thu, Sep 25
EUR/GBP remains steady near 0.8750, eyes on German Consumer Confidence
EUR/GBP moves little as traders adopt caution ahead of the German GfK Consumer Confidence Survey, trading around 0.8730 during the Asian hours on Thursday. However, the currency cross faced challenges as the Euro (EUR) weakened following Wednesday’s weaker-than-expected German business sentiment.
Fxstreet
Thu, Sep 25
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