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NZD/USD softens below 0.5950 as traders brace for US CPI inflation release
The NZD/USD pair drifts lower to around 0.5930 during the early European session on Thursday, pressured by a rebound in the US Dollar (USD). Investors might turn cautious ahead of the US Consumer Price Index (CPI) for August later on Thursday.
Fxstreet
32 minutes ago
ECB to hold rates again but keep door ajar to further easing
Deposit rate to remain at 2%Debate over more easing to simmer for monthsEconomy holding up but tariffs impact not yet fully feltDecision at 1215 GMT, Lagarde press conference at 1245 GMTBy Balazs Koranyi and Francesco Canepa FRANKFURT, Sept 11 (Reuters) - The European Central Bank is set to leave...Reuters
an hour ago
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.
Fxstreet
2 hours ago
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
2 hours ago
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.
Fxstreet
2 hours ago
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.
Fxstreet
2 hours ago
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
2 hours ago
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).
Fxstreet
3 hours ago
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.
Fxstreet
5 hours ago
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.Fxstreet
5 hours ago
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
6 hours ago
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
7 hours ago
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.Fxstreet
8 hours ago
