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Indonesian Rupiah holds ground as Bank Indonesia intensifies efforts to stabilize markets
USD/IDR inches higher after opening at a bearish gap, remaining in negative territory and trading around 18,110 during the Asian hours on Thursday.
British Pound drifts lower vs Japanese Yen as bulls look to BoE and BoJ policy updates
The GBP/JPY cross struggles to capitalize on the previous day's solid bounce from the 217.15 area, or a two-week low, and meets with some supply during the Asian session on Thursday.
Japan Consumer Confidence Index came in at 34.9, above forecasts (34.2) in July
Japan Consumer Confidence Index came in at 34.9, above forecasts (34.2) in July
Australian Dollar weakens against Japanese Yen as chances of RBA rate hikes fall
The AUD/JPY cross declines to around 113.65 during the early European session on Thursday. The pair currently trades 0.65% lower on the week as the likelihood of the Reserve Bank of Australia (RBA) raising interest rates has fallen.
Swiss Franc erodes part of Wednesday's gains to one-week top amid reviving USD demand
The USD/CHF pair regains positive traction on Thursday, rebounding from a one-week low and stalling its retracement slide from over a one-year high – levels just above the 0.8200 mark.
EUR/JPY Price Forecast: Trades near 187.00 after pulling back from ascending channel top
EUR/JPY depreciates after two days of gains, trading around 187.20 during the Asian hours on Thursday. The currency cross is maintaining a bullish near-term bias as it holds above both the nine-day and 50-day Exponential Moving Averages (EMAs).
AUD/USD Price Forecast: Struggles near 0.6950 as bears retain control below 100-EMA on H4
The AUD/USD pair turns lower following a modest Asian session uptick to the 0.6965 region on Thursday amid the emergence of some US Dollar (USD) dip-buying.
Japanese Yen softens after Fed leaves rates on hold
The USD/JPY pair posts modest gains near 163.50 during the Asian trading hours on Thursday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) on a hawkish hold from the US Federal Reserve (Fed).
Japan’s Katayama says official proposed no ceiling on next year’s budget requests
Japan's Finance Minister Satsuki Katayama said that officials proposed no ceiling on next year’s budget requests.
New Zealand Dollar rises as ANZ Business Outlook Index jumps in July
NZD/USD extends its gains for the third consecutive day, trading around 0.5810 during the Asian hours on Thursday. The currency pair climbs higher as the New Zealand Dollar (NZD) receives support from a sharp rise in domestic business confidence.
Canadian Dollar consolidates as Mideast crisis supports oil and USD ahead of US data
The USD/CAD pair is seen consolidating below mid-1.4000s during the Asian session on Thursday, though it remains close to an over one-week trough touched the previous day.
Australia Building Permits (YoY): 8.9% (June) vs 5.3%
Australia Building Permits (YoY): 8.9% (June) vs 5.3%
Australia Export Price Index (QoQ) increased to 1.1% in 2Q from previous 0.5%
Australia Export Price Index (QoQ) increased to 1.1% in 2Q from previous 0.5%