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EUR/USD Price Forecast: Flatlines below 1.1550, while staying bearish under 100-day SMA
The EUR/USD pair holds steady near 1.1520 during the early European trading hours on Thursday. US inflation cooled on a ‌year-over-year basis for a second straight month, easing pressure on the US Federal Reserve (Fed) to raise interest rates as soon as next month.
EUR/JPY Price Forecast: Falls to near 183.50 near nine-day EMA
EUR/JPY extends its losses for the third successive day, trading around 183.60 during the Asian hours on Thursday. The 14-day Relative Strength Index (RSI) at 47.11 reinforces a neutral-to-soft momentum backdrop rather than a decisive directional push.
Swiss Franc slides to two-week low as oil-driven Fed hike bets boost USD
The USD/CHF pair prolongs the weekly uptrend for the fourth consecutive day and climbs to a two-week high, around 0.8045, during the Asian session on Thursday amid a firmer US Dollar (USD). Moreover, the fundamental backdrop favors bulls and backs the case for further appreciation for spot prices.
AUD/JPY Price Forecast: Softens below 112.50 as near-term bearish bias persists below 100-day SMA
The AUD/JPY cross trades in negative territory near 112.35 during the early European session on Thursday. The Japanese Yen (JPY) edges higher against the Australian Dollar (AUD) as traders are on high alert for further intervention from authorities.
GBP/USD Price Forecast: Trades below 1.3500 on firmer USD, ahead of UK GDP
The GBP/USD pair trades with a negative bias for the second consecutive day and trades below the 1.3500 psychological mark during the Asian session on Thursday amid modest US Dollar (USD) strength.
Asian stocks rise on soft US CPI, AI earnings rally
Asian stocks mostly remain stronger, bolstered by softer US inflation data that reinforced expectations for a more accommodative Federal Reserve (Fed) policy. US headline CPI rose 3.4% year-over-year in July, down slightly from 3.5% in the previous month.
New Zealand Dollar remains subdued as two-year QoQ RBNZ Inflation Expectations ease in Q3
NZD/USD extends its losses for the fourth successive day, trading around 0.5840 during the Asian hours on Thursday. The pair remains subdued following the release of RBNZ Inflation Expectations.
RBNZ Survey: NZ two-year inflation expectations cool down to 2.34% QoQ in Q3 2026
New Zealand's (NZ) inflation expectations ease on a two-year frame in the third quarter of 2026, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Wednesday.
New Zealand RBNZ Inflation Expectations (QoQ) declined to 2.34% in 3Q from previous 2.53%
New Zealand RBNZ Inflation Expectations (QoQ) declined to 2.34% in 3Q from previous 2.53%
Japanese Yen flatlines near 159.50 on intervention risks, US PPI data looms
The USD/JPY pair trades on a flat note near 159.40 during the Asian trading hours on Thursday. The potential upside for the pair might be limited due to a coordinated intervention in currency markets by US and Japanese authorities.
0.7050: Australian Dollar stuck in a range as Iran risks offset hawkish RBA
The AUD/USD pair holds steady during the Asian session on Thursday and, for now, seems to have stalled the previous day's retracement slide from its highest level since June 5.
UK Preliminary GDP grows by 0.4% QoQ in Q2, as expected
The UK economy expanded at a quarterly rate of 0.4% in the three months to June 2026, following a 0.6% growth in the first quarter (Q1). The data came in line with the market forecast.
British Pound posts modest gains to near 1.3500 ahead of UK GDP data
The GBP/USD pair edges slightly higher to near 1.3500 during the early Asian trading hours on Thursday. The US Dollar (USD) softens against the British Pound (GBP) on a tame reading of the US inflation report.