Australian Dollar edges higher as investors brace for US PPI data
The Australian Dollar (AUD) gains ground on Friday. Nonetheless, the lower odds of aggressive interest rate cuts from the US Federal Reserve (Fed) after the hotter-than-expected inflation data might lift the US Dollar (USD) and cap the upside for the pair.
Forex Today: Investors’ attention remains on US inflation
Sticky US CPI data and hawkish comments from Fed officials lent extra support to the Greenback on Thursday prior to the release of further inflation metrics at the end of the week.
USD/INR remains firmer as hotter US CPI, hawkish Fed boost the US Dollar
The Indian Rupee (INR) weakens on Friday amid the firmer US Dollar (USD).
USD mixed ahead of CPI – Scotiabank
The US Dollar (USD) is trading mixed ahead of the US CPI print, Scotiabank’s Chief FX Strategist Shaun Osborne notes.
Pound Sterling Price News and Forecast: GBP/USD could stretch lower unless it reclaims 1.3100
GBP/USD failed to build on Tuesday's modest recovery gains and ended the day in the red on Wednesday.
Gold recovers after mixed US data
Gold (XAU/USD) trades back in the $2,620s on Thursday after bouncing off the psychological $2,600 level
Rupee falls two paise to 83.98 against U.S. dollar
Rupee closes at 83.98 against the dollar amid foreign fund outflows, oil prices, and market fluctuations.
The Dollar Index to ease back towards 102 – DBS
The USD’s near-term direction will hinge on US CPI tonight, especially after markets were wrong-footed by strength in non-farm payrolls, DBS’ FX analyst Philip Wee notes.
Forex Today: Hawkish FOMC Minutes lift US Dollar ahead of key inflation data
Here is what you need to know on Thursday, October 10: After having stayed relatively quiet since the beginning of the week, the US Dollar (USD) gathered bullish momentum in the American trading hours on Wednesday, with the USD Index climbing to its highest level since mid-August near 103.00.
NZD/USD attracts some buyers to near 0.6100, US CPI data looms
The NZD/USD pair attracts some buyers to near 0.6090 amid the consolidation of the Greenback during the early European session on Thursday.
Rupee rises 1 paisa to 83.95 against U.S. dollar
Rupee strengthens slightly against the dollar amid firm equity markets, weaker greenback, and RBI's unchanged policy rates.
Pound Sterling Price News and Forecast: GBP/USD edges higher amid subdued USD price action
The GBP/USD pair trades with a mild positive bias around the 1.3075 area during the Asian session on Thursday, albeit it lacks bullish conviction and remains within the striking distance of a nearly one-month low touched the previous day.
GBP/USD trades with positive bias around 1.3075 area, lacks follow-through ahead of US CPI
The GBP/USD pair trades with a mild positive bias around the 1.3075 area during the Asian session on Thursday, albeit it lacks bullish conviction and remains within the striking distance of a nearly one-month low touched the previous day.
Japanese Yen bounces off multi-week low, upside seems limited as traders await US CPI report
The Japanese Yen (JPY) weakened across the board on Wednesday amid the uncertainty over the Bank of Japan's (BoJ) plans for additional interest rate hikes.
USD/INR gathers strength as investors brace for US CPI inflation data
The Indian Rupee (INR) trades on a weaker note on Thursday.
EUR/USD hangs near two-month low, seems vulnerable below mid-1.0900s ahead of US CPI
The EUR/USD pair oscillates in a narrow band below mid-1.0900s during the Asian session on Thursday and consolidates the recent heavy losses to a nearly two-month low touched the previous day.
Forex Today: US inflation data gathers all the looks
The Greenback rose further and reached new multi-week highs supported by higher yields and rising speculation of a 25 bps rate cut by the Fed in November, all ahead of the publication of the key US CPI on Thursday.
Gold price edge lower as traders eye US CPI data
Gold extended its losses for the sixth consecutive day after the Federal Reserve (Fed) revealed its September Meeting Minutes.
NZD/USD Price Forecast: Plunges below 0.6100 on RBNZ 50 bps rate cut
The NZD/USD pair faces an intense sell-off and slides below the round-level support of 0.6100 in Wednesday’s North American session.
Rupee rises one paisa to close at 83.96 against U.S. dollar
Rupee edges higher against dollar as RBI maintains rates, with focus on geopolitical tensions and market trends.
USD/CAD posts modest gains above 1.3700 ahead of US CPI data
The USD/CAD pair trades with mild gains to around 1.3710 despite the stronger US Dollar (USD) during the early Asian session on Thursday.
USD/JPY hovers near seven-week high around 149.00 in countdown to FOMC Minutes
The USD/JPY pair remains firm near a seven-week high around 149.00 in Wednesday’s North American session.
last updated on 11 Oct 05:22