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Norway Trade Balance rose from previous 61.9BÂ to 84.3B in July
Norway Trade Balance rose from previous 61.9BÂ to 84.3B in July
British Pound gathers strength above 1.3550 as softer US data cools Fed hike bets
The GBP/USD pair gains traction to near 1.3555 during the early European trading hours on Monday. The US Dollar (USD) weakens against the British Pound (GBP) as bets for a US Federal Reserve (Fed) rate hike come down.
Indonesian Rupiah strengthens amid Prabowo's growth target, weaker US Dollar
USD/IDR extends its losses for the second successive day, trading around 17,820 during the Asian hours on Monday. The pair may face thin trading conditions as trading volumes remain subdued amid Indonesia’s Independence Day holiday.
USD/JPY Price Forecast: Struggles near 159.00; seems vulnerable below 50% Fibo.
The USD/JPY pair attracts some sellers at the start of a new week, though it lacks bearish conviction and shows some resilience below the 159.00 mark during the Asian session.
Euro rallies to two-month high, eyes 1.1600 as USD struggles amid receding Fed hike bets
The EUR/USD pair builds on last week's bounce from the vicinity of the 1.1500 psychological mark and attracts follow-through buyers for the third straight day.
Japan Capacity Utilization climbed from previous 0.1% to 4.1% in June
Japan Capacity Utilization climbed from previous 0.1% to 4.1% in June
Japan Industrial Production (YoY) increased to 4.9% in June from previous 4.2%
Japan Industrial Production (YoY) increased to 4.9% in June from previous 4.2%
Japan Tertiary Industry Index (MoM) above forecasts (-1%) in June: Actual (-0.2%)
Japan Tertiary Industry Index (MoM) above forecasts (-1%) in June: Actual (-0.2%)
Japan Industrial Production (MoM) registered at 1.9% above expectations (1.3%) in June
Japan Industrial Production (MoM) registered at 1.9% above expectations (1.3%) in June
AUD/JPY Price Forecast: Edges higher above 113.00, bullish bias prevails above 100-day SMA
The AUD/JPY cross trades in positive territory near 113.00 during the early European session on Monday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) amid weaker-than-expected Japanese Gross Domestic Product (GDP) data.
Indian Rupee moves little as RBI swap exit, US Dollar weakens
The Indian Rupee (INR) remains stronger against the US Dollar (USD) on Monday after two days of losses, with the USD/INR pair trading around 95.60 at the time of writing.
EUR/JPY Price Forecast: Tests rising wedge bottom near 184.00
EUR/JPY depreciates after two days of gains, trading around 184.20 during the Asian hours on Monday.
Australian Dollar rises on hawkish RBA outlook
AUD/USD gains ground for the second successive day, trading around 0.7090 during the Asian hours on Monday. The pair appreciates as the Australian Dollar (AUD) gains on the hawkish policy stance by the Reserve Bank of Australia (RBA).