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Netherlands, The Consumer Price Index n.s.a (YoY) registered at 3.2% above expectations (3.1%) in July
Netherlands, The Consumer Price Index n.s.a (YoY) registered at 3.2% above expectations (3.1%) in July
EUR/JPY Price Forecast: Remains below 183.00 as bearish bias prevails
EUR/JPY depreciates after registering modest gains in the previous day, trading around 183.80 during the Asian hours on Tuesday. The Relative Strength Index (14) at 47.63 sits just below the neutral 50 line, hinting at ongoing bearish momentum without yet reaching oversold conditions.
British Pound clings to gains against US Dollar, US CPI in focus
The British Pound (GBP) holds onto two-day gains marginally at around 1.3500 against the US Dollar (USD) during the Asian trading session on Tuesday.
Canadian Dollar sits near two-month top vs USD amid bullish oil prices
The USD/CAD pair is seen consolidating its recent losses to a two-month low, touched last week, and trading below mid-1.3900s during the Asian session on Tuesday.
Japanese Yen holds range in thin holiday trading amid intervention speculations
USD/JPY moves little after posting nearly 1% gains in the previous day, trading around 159.30 during the Asian hours on Tuesday. The pair moved little today, trading in tight ranges as market volumes remained thin with Japanese markets closed for the Mountain Day holiday.
BoJ to consider raising interest rates in September – Jiji Press
According to the Jiji Press, the Bank of Japan (BoJ) may consider an additional interest rate increase at its next policy meeting on September 17-18, after leaving them unchanged in July, to counter upside inflation risks.
New Zealand Dollar remains confined in a range vs USD amid Iran risks, ahead of US CPI
The NZD/USD pair seesaws between tepid gains/minor losses during the Asian session on Tuesday and currently trades just below the 0.5900 mark.
Euro flat lines near mid-1.1500s vs USD as traders await US CPI amid Iran uncertainty
The EUR/USD pair struggles to gain any meaningful traction and holds steady around the 1.1545-1.1550 area during the Asian session on Tuesday.
Australian Dollar holds ground ahead of RBA policy decision
AUD/USD regains ground after registering modest losses the previous day, trading around 0.7060 during Asian hours on Tuesday. The pair gains as the Australian Dollar (AUD) remains stronger ahead of the Reserve Bank of Australia's (RBA) interest rate decision later in the day.
Gold retreats further from two-month high, eyes $4,350 as Fed rate hike bets support USD
Gold (XAU/USD) extends its intraday retracement slide from the highest level since June 5 and drops to a fresh daily low, near the $4,350 area during the first half of the European session on Tuesday.
Silver Price Forecast: XAG/USD holds losses near $66.00 on Fed hike fears, oil surge
Silver price (XAG/USD) depreciates after two days of gains, trading around $66.00 per troy ounce during the Asian hours on Tuesday. The price of non-yielding Silver has taken a hit recently as rising oil prices spark renewed inflation fears and heighten expectations for interest rate hikes.
Australia National Australia Bank's Business Conditions climbed from previous 3 to 4 in July
Australia National Australia Bank's Business Conditions climbed from previous 3 to 4 in July
Australia National Australia Bank's Business Confidence fell from previous -5 to -6 in July
Australia National Australia Bank's Business Confidence fell from previous -5 to -6 in July