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Australian Dollar gains despite cooling domestic Inflation, hawkish Fed hold
AUD/USD inches higher after two days of losses, trading around 0.6960 during the Asian hours on Thursday. The currency pair may face potential downside pressure as the US Dollar (USD) could gain strength following a hawkish interest rate pause by the Federal Reserve (Fed).
PBOC sets USD/CNY reference rate at 6.7892 vs. 6.7899 previous
The Peopleās Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7892 compared to the previous day's fix of 6.7899.
British Pound retreats from weekly high vs firmer USD as focus shifts to BoE, US data
The GBP/USD pair struggles to capitalize on the previous day's strong move up to the weekly high and drifts lower during the Asian session on Thursday.
New Zealand ANZ Business Confidence climbed from previous 36.6 to 56.1 in July
New Zealand ANZ Business Confidence climbed from previous 36.6 to 56.1 in July
New Zealand ANZ Activity Outlook climbed from previous 36.9 to 49.3 in July
New Zealand ANZ Activity Outlook climbed from previous 36.9 to 49.3 in July
South Korea BOK Manufacturing BSI: 82 (August) vs 79
South Korea BOK Manufacturing BSI: 82 (August) vs 79
Euro edges lower to near 1.1450 as Fed holds rates steady, traders await Eurozone and German GDP
The EUR/USD pair trades with mild losses around 1.1465 during the early Asian session on Thursday. The US Dollar (USD) edges higher against the Euro (EUR) on a hawkish Federal Reserve (Fed) rate hold.
Japan Foreign Bond Investment declined to Ā„-811.4B in July 24 from previous Ā„-714.4B
Japan Foreign Bond Investment declined to Ā„-811.4B in July 24 from previous Ā„-714.4B
Japan Foreign Investment in Japan Stocks rose from previous Ā„-79.6BĀ to Ā„912.1B in July 24
Japan Foreign Investment in Japan Stocks rose from previous Ā„-79.6BĀ to Ā„912.1B in July 24
Yemen's Houthis reportedly considering fees for ships sailing through Red Sea
Yemenās Iran-backedĀ Houthi rebels are considering imposing fees on commercial ships sailing through the southern Red Sea, Reuters reported on Wednesday. This development came a week after the Houthi declared a naval blockade on Saudi Arabia.
US President Donald Trump says US will strike Iran hardĀ
US President Donald Trump said that he will order heavy strikes on Iran in retaliation for its āsurprise attackā on US forces overnight, Bloomberg reported on Wednesday.
Gold rebounds to near $4,100 as Fed leaves interest rates unchanged
Gold price (XAU/USD) rebounds to around $4,095 during the early Asian session on Thursday.
GBP/JPY Price Forecast: Bulls reclaim 218.00 as RSI improves
The GBP/JPY advances by over 0.30%, rising above 218.00, as risk appetite improves amid overall US Dollar weakness following the Federal Reserve's monetary policy decision. The pair trades near 218.50 after hitting a low of the day (LOD) of 217.16.