EUR/USD slips below mid-1.0800s ahead of Eurozone CPI and US PCE Price Index
The EUR/USD pair meets with some supply during the Asian session on Thursday and erodes a part of the previous day's gains to the 1.0870 area, or a one-and-half-week top.
USD/CAD hovers around three-month highs near 1.3950, awaits US PCE inflation, Canada GDP
USD/CAD appreciates to near its three-month high of 1.3940, recorded in the previous session, trading around 1.3920 during Thursday's European session.
Forex Today: Japanese Yen rises on BoJ, EU and US inflation data to wrap up October
Here is what you need to know on Thursday, October 31: The Harmonized Index of Consumer Price (HICP) inflation data from the Euro area and the Personal Consumption Expenditures (PCE) Price Index readings from the US will be watched closely on the last day of October.
Australian Dollar consolidates as traders adopt caution ahead of US PCE Price Index
The Australian Dollar (AUD) remains steady following the release of mixed economic data from Australia and China’s NBS Purchasing Managers Index (PMI) on Thursday.
Gold price sits near record high, looks to US PCE Price Index for fresh impetus
Gold price (XAU/USD) is seen oscillating in a narrow range during the Asian session on Thursday and consolidating its recent strong gains to a record high.
US core PCE inflation set to soften further, paving way for another Federal Reserve interest-rate cut
The United States Bureau of Economic Analysis (BEA) is set to release the Personal Consumption Expenditures (PCE) Price Index data for September, which is the Federal Reserve’s preferred measure of inflation, at 12:30 GMT.
NZD/USD gathers strength above 0.5950, US PCE data looms
The NZD/USD pair recovers some lost ground to near 0.5980 on Thursday during the Asian trading hours.
EUR/USD holds above 1.0850 on weaker US Dollar, eyes on US PCE data
The EUR/USD pair attracts some buyers to near 1.0855 during the early Asian session on Thursday.
Australian Dollar recovers as the USD retraces
The AUD/USD rebounded from multi-week lows on Wednesday, driven by broad-based US Dollar weakness.
US Dollar takes a quick breather ahead of high-tier data
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, lost ground on Wednesday following the release of mixed economic data.
Canadian Dollar presents battle as USD shows weakness after mid-tier data
The USD/CAD pair trades neutrally on Wednesday near 1.3915.
Eurozone Preliminary GDP rises 0.4% QoQ in Q2 vs. 0.2% expected
The Eurozone economy grows by 0.4% in the three months to September of 2024, following a 0.2% expansion in the second quarter, the preliminary estimate released by Eurostat showed on Wednesday.
AUD/USD Price Forecast: Climbs to 0.6685 area amid modest USD weakness, ahead of US data
The AUD/USD pair stages a goodish intraday recovery from its lowest level since August 8, around the 0.6535 region touched earlier this Wednesday and for now, seems to have snapped a three-day losing streak.
German Preliminary GDP unexpectedly expands 0.2% QoQ in Q3 vs. -0.1% expected
The German economy expanded by 0.2% over the quarter in the third quarter of 2024 after shrinking 0.1% in the second quarter, according to the preliminary data published by Destatis on Wednesday.
AUD/JPY edges lower to near 100.50, upside potential seems possible due to hawkish RBA
AUD/JPY extends its losses for the second successive session, trading around 100.50 during the early European hours on Wednesday.
Australia Inflation Adds 0.2% On Quarter In Q3
(RTTNews) - Consumer prices in Australia were up a seasonally adjusted 0.2 percent on quarter in the third quarter of 2024, the Australian Bureau ...
Australian Dollar remains subdued as US Dollar steadies ahead of US GDP
The Australian Dollar (AUD) extends its losing streak against the US Dollar (USD) for the fourth successive day, following lower-than-expected Australia's third-quarter Consumer Price Index (CPI) data released on Wednesday.
Australia’s CPI inflation declines to 0.2% QoQ in Q3 vs. 0.3% expected
Australia will publish fresh inflation-related figures on Wednesday, kick-starting a row of global first-tier releases that should grant volatility across the FX board.
Breaking: US GDP came in short of expectations in Q3
The US Bureau of Economic Analysis (BEA) is scheduled to release the preliminary estimate of the US Gross Domestic Product (GDP) for the July-September quarter on Wednesday.
Canadian Dollar continues weak as markets digest low-tier data from the US
The USD/CAD pair continues to gain traction on Tuesday with the quote rising by 0.23% to 1.3910 at the time of writing.
EUR/USD jumps higher in the aftermath of Eurozone/US data
EUR/USD rises strongly on Euro's (EUR) upbeat performance after the release of the better-than-expected Eurozone flash Q3 GDP data.
EUR/USD trades with mild gains above 1.0800, eyes on US/Eurozone GDP, German inflation data
The EUR/USD pair recovers to around 1.0820 during the early Asian session on Wednesday.
Forex Today: Focus now shifts to the US labour market and real economy
The US dollar held steady, finishing almost unchanged from Monday’s close.
Forex Today: Market volatility set to rise on key GDP and inflation data
Here is what you need to know on Wednesday, October 30: The action in foreign exchange markets remain subdued early Wednesday as investors gear up for key macroeconomic data releases.
Gold price pulls back from all-time peak, $2,800 remains in sight ahead of US macro data
Gold prices (XAU/USD) climbs to a fresh record high during the Asian session on Wednesday as uncertainties surrounding the US presidential election, and the Middle East conflict continue to boost demand for traditional safe-haven assets.
NZD/USD holds below 0.6000 on dovish RBNZ, US GDP data looms
The NZD/USD pair remains on the defensive near 0.5970 during the Asian trading hours on Wednesday.
US Dollar steady ahead of key data, mixed JOLTS
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, extends gains on Tuesday, hitting a three-month high at 104.55.
US dollar rally pauses before jobs data, Aussie droops on RBA outlook
TOKYO : The dollar hovered close to a three-month peak on Wednesday in a big week for macroeconomic data that could reveal the path for U.S. monetary policy.The Australian dollar edged closer to a three-month trough after some stickiness in inflation suggested a Reserve Bank of Australia interest rate cut
US dollar rally pauses before jobs data, bitcoin trades near record
TOKYO/LONDON :The dollar backed off a three-month peak on Wednesday as investors waited for key economic data, while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week's presidential election.Meanwhile, the euro ticked up from a three-month low as inflation
US dollar rally pauses before jobs data, bitcoin trades near record
TOKYO/LONDON :The dollar backed off a three-month peak on Wednesday as investors waited for key economic data, while bitcoin sat close to a record high as traders raised their bets on a Donald Trump victory in next week's presidential election.Meanwhile, the euro ticked up from a three-month low as inflation
last updated on 31 Oct 11:27