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Eurozone Core Harmonized Index of Consumer Prices (MoM): 0% (July)
Eurozone Core Harmonized Index of Consumer Prices (MoM): 0% (July)
Euro: Gentle upside against US Dollar as greenback softens - ING
ING’s Chris Turner says EUR/USD remains well supported by broad Dollar softness. Expected mild eurozone growth in the August PMIs and elevated inflation expectations keep the case for another European Central Bank (ECB) hike alive.
British Pound trades firmly against Japanese Yen ahead of UK flash PMI data
The British Pound (GBP) holds onto Thursday’s gains at around 217.00 against the Japanese Yen (JPY) during the European trading session on Friday.
AUD/USD Price Forecast: Hits fresh high since June as bulls eye gains beyond 0.7150
The AUD/USD pair regains positive traction following the previous day's dismal Aussie jobs data-led modest fall and climbs to a fresh high since early June during the first half of the European session.
France HCOB Services PMI registered at 48.4, below expectations (49.8) in August
France HCOB Services PMI registered at 48.4, below expectations (49.8) in August
France HCOB Composite PMI came in at 48.8 below forecasts (49.5) in August
France HCOB Composite PMI came in at 48.8 below forecasts (49.5) in August
France HCOB Manufacturing PMI above expectations (50) in August: Actual (51.5)
France HCOB Manufacturing PMI above expectations (50) in August: Actual (51.5)
Turkey Capacity Utilization fell from previous 73.9% to 73.5% in August
Turkey Capacity Utilization fell from previous 73.9% to 73.5% in August
Turkey Manufacturing Confidence increased to 102.8 in August from previous 102.2
Turkey Manufacturing Confidence increased to 102.8 in August from previous 102.2
Turkey Consumer Confidence rose from previous 89.8Â to 90.8 in August
Turkey Consumer Confidence rose from previous 89.8Â to 90.8 in August
Indian Rupee: Higher profile after hawkish RBI – MUFG
MUFG’s Michael Wan highlights that FX measures to attract US Dollar (USD) inflows into India have significantly lowered Indian Rupee (INR) rates via added liquidity, with limited impact on USD/INR.
Euro holds gains against British Pound after weaker UK Retail Sales data
The EUR/GBP cross posts modest gains to around 0.8570 during the early European session on Friday. The British Pound (GBP) edges slightly lower against the Euro (EUR) following disappointing UK economic data.
France Business Climate in Manufacturing above forecasts (101) in August: Actual (103)
France Business Climate in Manufacturing above forecasts (101) in August: Actual (103)