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WTI Price Forecast: Bulls seem hesitant below $85.00 and 61.8% Fibo. hurdle
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – extends its consolidative price move for the third straight day and trades around the $84.30 area through the Asian session on Thursday.
GBP/USD Price Forecast: Strengthens above 1.3600 as bullish trend holds above 100-day SMA
The GBP/USD pair trades in positive territory around 1.3610 during the early European trading hours on Thursday.
Swiss Franc weakens ahead of Trade Balance data
USD/CHF gains ground after registering handsome losses in the previous day, trading around 0.8000 during the Asian hours on Thursday. The USD/CHF pair continues to hold its gains as the Swiss Franc (CHF) remains under pressure ahead of the upcoming domestic Trade Balance report.
Indian Rupee surrenders gains as higher Oil prices outweigh US Dollar weakness
The Indian Rupee (INR) surrenders a majority of its opening gains against the US Dollar (USD) on Thursday. The USD/INR pair rebounds to near 95.72 from its day's low of 95.59 as higher Oil prices limit the upside in the Indian currency.
Euro consolidates near late May highs as USD draws support from hawkish Fed, Iran risks
The EUR/USD pair enters a bullish consolidation phase after touching its highest level since late May during the Asian session on Thursday. Bulls now await a move beyond the 1.1700 mark before placing fresh bets and positioning for an extension of an over a three-week-old uptrend.
United States Dollar Index weakens below 99.00 on Fed repricing, Treasury bond buybacks
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, currently trades near 98.80 in the early European trading hours on Thursday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
Netherlands, The Unemployment Rate s.a (3M) increased to 4% in July from previous 3.8%
Netherlands, The Unemployment Rate s.a (3M) increased to 4% in July from previous 3.8%
Canadian Dollar gains on higher oil prices, weaker US Dollar
USD/CAD extends its losses for the second successive day, trading around 1.3800 during the Asian hours on Thursday. The pair declines as the commodity-linked Canadian Dollar (CAD) receives support from improved oil prices.
Asian equities rally; KOSPI leads gains as US Treasury support counters Fed/Iran risks
Asian equities advanced on Thursday, with South Korea's KOSPI surging nearly 6% intraday amid a more than 5% jump in SK Hynix shares following the buyback announcement.
Silver Price Forecast: XAG/USD refreshes two-month high as US doubles bond buyback plan
Silver price (XAG/USD) posts a fresh two-month high at $67.33 in the Asian trading session on Thursday.
Gold bears seem hesitant as sustained USD selling offsets hawkish Fed and Iran risks
Gold (XAU/USD) maintains its offered tone below the $4,500 mark through the first half of the European session on Thursday. Wednesday's hawkish FOMC Minutes turn out to be a key factor undermining the bullion.
Japanese Yen struggles amid widening Trade Deficit, escalating import costs
USD/JPY appreciates after registering modest losses in the previous day, trading around 158.50 during the Asian hours on Thursday.