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Pound Sterling recovers against US Dollar after PPI-induced sell-off
The Pound Sterling (GBP) recovers slightly to near 1.3540 against the US Dollar (USD) on Friday, paring back some of the losses seen on Thursday, when the US Dollar (USD) bounced back strongly after the United States (US) Producer Price Index (PPI) report for July showed that wholesale prices rose a
Fxstreet
Fri, Aug 15
USD/CAD remains subdued near 1.3800 ahead of US economic data
USD/CAD retraces its recent gains registered in the previous session, trading around 1.3800 during the early European hours on Friday. The pair depreciates as the US Dollar (USD) declines amid rising odds of the Federal Reserve (Fed) reducing interest rates in September.
Fxstreet
Fri, Aug 15
FOREX-Strong Japan GDP lifts yen, dollar steady as rate cut fervour cools slightly
Hot US PPI print wipes out wagers on 50 bps Fed cutStrong GDP data, BOJ hike expectations boost yenDollar on course to end week flat against EUR; lower against JPY, GBPMarkets await outcome of Trump-Putin summitBy Jaspreet Kalra Singapore, Aug 15 (Reuters) - The dollar was largely steady against ...Reuters
Fri, Aug 15
GBP/JPY Price Forecast: Continues to face selling pressure around 200.00
The GBP/JPY pair slides 0.3% to near 199.30 during the Asian trading session on Friday. The cross faces a sharp selling pressure as the Japanese Yen (JPY) has strengthened, following the release of the surprisingly upbeat preliminary Q2 Japan’s Gross Domestic Product (GDP) data.
Fxstreet
Fri, Aug 15
GBP/USD strengthens to near 1.3550 as US Retail Sales data looms
The GBP/USD pair gathers to around 1.3545 during the early European session on Friday, bolstered by a weaker US Dollar (USD). Additionally, the stronger-than-expected UK economic data underpins the Pound Sterling (GBP) against the Greenback.Fxstreet
Fri, Aug 15
EUR/JPY falls to near 171.50 following Japan’s Q2 GDP data
EUR/JPY extends its losses for the third successive session, trading around 171.70 during the Asian hours on Friday. The currency cross loses ground as the Japanese Yen (JPY) rises following stronger-than-expected Japanese Gross Domestic Product (GDP) data for the second quarter.
Fxstreet
Fri, Aug 15
USD/CAD Price Forecast: Trades firmly near 1.3800 ahead of US Retail Sales data
The USD/CAD pair holds onto Thursday’s gains around 1.3800 during the Asian trading session on Friday. The Loonie pair trades firmly as the US Dollar (USD) has strengthened, following the release of the hotter-than-projected United States (US) Producer Price Index (PPI) data for July.Fxstreet
Fri, Aug 15
EUR/USD trades above 1.1650, rebounds after losing nearly half a percentage point
EUR/USD retraces its recent losses from the previous session, trading around 1.1660 during the Asian hours on Friday. The pair appreciates as the US Dollar (USD) struggles amid rising expectations that the Federal Reserve (Fed) will cut rates in September.
Fxstreet
Fri, Aug 15
Australian Dollar remains steady following Chinese economic data
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) on Friday, following disappointing key economic data from China, Australia’s major trading partner. The AUD/USD lost more than 0.5% in the previous session as the US Dollar gained ground following stronger US economic data.
Fxstreet
Fri, Aug 15
Australia, NZ dollars suffer setback, NZ food prices shock
By Wayne Cole SYDNEY, Aug 15 (Reuters) - The Australian and New Zealand dollars were back on the defensive on Friday after a high reading on U.S. producer inflation quashed talk of aggressive rate cuts there and boosted the greenback. That left the Aussie nursing bruises at $0.6497 AUD=D3, having...Reuters
Fri, Aug 15
Finmin says Japan must watch economic backdrop to calls for BOJ rate hike
TOKYO, Aug 15 (Reuters) - Japan's Finance Minister Katsunobu Kato said on Friday the government must closely watch the economic and price backdrop behind recent business sector calls for the central bank to raise interest rates.But specific monetary policy decisions were up to the Bank of Japan,...Reuters
Fri, Aug 15
FOREX-Dollar steadies as hot wholesale inflation data tempers rate cut fervour
Hot US PPI print wipes out wagers on 50 bp Fed cutDollar on course to end week flat against EUR, JPY; lower against GBPMarkets await outcome of Trump-Putin summitBy Jaspreet Kalra Singapore, Aug 15 (Reuters) - The dollar held on to previous session gains on Friday after hotter than expected infla...Reuters
Fri, Aug 15
USD/CAD flat lines above 1.3800 as traders await US Retail Sales release
The USD/CAD pair trades flat near 1.3815 during the early Asian session on Friday. Traders await the release of US Retail Sales and the preliminary reading of the University of Michigan Consumer Sentiment gauge, which are due later on Friday.Fxstreet
Thu, Aug 14
Brazil Supreme Court justice Moraes requests Bolsonaro's trial to be scheduled
BRASILIA, Aug 14 (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes asked the president of the panel he is part of within the court to schedule the trial of former President Jair Bolsonaro, a court document showed on Thursday.Moraes, who is overseeing the case at which Bolsonaro is accu...Reuters
Thu, Aug 14
