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United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.3%) in July: Actual (2.3%)
United Kingdom Retail Sales ex-Fuel (YoY) below expectations (3.3%) in July: Actual (2.3%)
United Kingdom Retail Sales ex-Fuel (MoM) registered at -0.9%, below expectations (-0.5%) in July
United Kingdom Retail Sales ex-Fuel (MoM) registered at -0.9%, below expectations (-0.5%) in July
Denmark Consumer Confidence: -13.1 (August) vs -14.7
Denmark Consumer Confidence: -13.1 (August) vs -14.7
India HSBC Services PMI increased to 54.5 in August from previous 53.3
India HSBC Services PMI increased to 54.5 in August from previous 53.3
India HSBC Manufacturing PMI fell from previous 53.5 to 52.9 in August
India HSBC Manufacturing PMI fell from previous 53.5 to 52.9 in August
India HSBC Composite PMI increased to 54.6 in August from previous 54.3
India HSBC Composite PMI increased to 54.6 in August from previous 54.3
52.9: India's HSBC Manufacturing PMI falls in August
The preliminary reading of India’s HSBC Manufacturing Purchasing Managers Index (PMI) declined to 52.9 in August versus 53.5 prior, the latest data published by S&P Global and HSBC Bank showed on Friday.Â
Indonesian Rupiah advances despite record Current Account Deficit
USD/IDR extends its losses for the third successive day, trading around 17,760 during the Asian hours on Friday. The currency pair continues to depreciate as the Indonesian Rupiah (IDR) maintains its strength, defying a sharp widening of Indonesia’s current account deficit.
AUD/JPY Price Forecast: Strengthens above 113.50 as bullish momentum persists above 100-day SMA
The AUD/JPY cross trades in positive territory near 113.55 during the early European session on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) despite the cooling labor market. The minutes of the Reserve Bank of Australia (RBA) meetings will be released next Tuesday.Â
Euro sits near multi-month top vs weak USD as bulls await move beyond 1.1700 ahead of PMIs
The EUR/USD pair attracts some dip-buyers during the Asian session on Friday and climbs back closer to its highest level since May 14, set the previous day, with bulls now awaiting a move beyond the 1.1700 mark before placing fresh bets.
EUR/JPY Price Forecast: Rises to near 186.00 as bullish bias prevails
EUR/JPY remains stronger for the second successive day, trading around 186.00 during the Asian hours on Friday. The technical analysis of a daily chart indicates that the spot is moving higher within the ascending channel pattern, signaling a persistent bullish bias.
USD/JPY Price Forecast: 20-day EMA remains key hurdle
The Japanese Yen (JPY) trades in a limited range at around 159.00 against the US Dollar (USD) during the Asian trading session on Friday. The pair consolidates, while both the JPY and the USD are underperforming against their other currency peers.
Australian Dollar gains ground above 0.7100 as US debt concerns weigh on US Dollar
The AUD/USD pair gains traction to near 0.7135 during the Asian trading hours on Friday. The US Dollar (USD) weakens against the Australian Dollar (AUD) and is set for a weekly loss as traders viewed the US Treasury's bond buyback gambit as merely a temporary fix.Â