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United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) came in at 3.5%, above forecasts (3.4%) in June
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) came in at 3.5%, above forecasts (3.4%) in June
United Kingdom Average Earnings Including Bonus (3Mo/Yr) meets expectations (4.1%) in June
United Kingdom Average Earnings Including Bonus (3Mo/Yr) meets expectations (4.1%) in June
Swiss Franc edges lower as US Dollar rebounds, FOMC minutes in focus
The Swiss Franc (CHF) trades marginally lower against the US Dollar (USD) in the early European trading session on Tuesday, with the USD/CHF pair edging up to near 0.8116.
Indian Rupee remains weak due to sudden FCNR (B) closure, higher oil prices
The Indian Rupee (INR) trades with caution against the US Dollar (USD) on Tuesday. The USD/INR is close to its fresh three-week high of 95.85 despite potential Reserve Bank of India (RBI) intervention.
Euro declines below 1.1600 on US-Iran war worries
The EUR/USD pair loses traction to around 1.1575, snapping the three-day winning streak during the early European session on Tuesday. The Euro (EUR) edges lower against the US Dollar (USD) as traders remain cautious about the US-Iran conflict and the closure of the Strait of Hormuz.Â
Australian Dollar bulls seem hesitant near 0.7100 as USD recovers from two-month low
The AUD/USD pair turns lower following a modest Asian session uptick on Tuesday, awaiting a break below the 0.7100 mark before extending the previous day's retracement from the highest level since June 5.
EUR/JPY Price Forecast: Rises to near 185.00 after breaking above 50-day EMA
EUR/JPY extends its winning streak for the fourth successive day, trading around 184.80 during the Asian hours on Tuesday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
AUD/JPY Price Forecast: Strengthens to near 113.50, near-term outlook remain constructive
The AUD/JPY cross trades in positive territory around 113.40 during the early European trading hours on Tuesday. The Japanese Yen (JPY) weakens against the Australian Dollar (AUD) amid mounting fiscal concerns and persistent inflationary pressures.
WTI Price Forecast: Bulls retain near two-week top, above $84.00 and 38.2% Fibo.
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – enters a bullish consolidation phase after hitting an over two-week high during the Asian session on Tuesday and currently trades around the $84.20 region.
Gold sticks to losses below $4,400 as USD recovers further from two-month low
Gold (XAU/USD) remains depressed below the $4,400 mark through the first half of the European session on Tuesday, snapping a two-day winning streak amid a broadly firmer US Dollar (USD).
UKMTO reports incident in the Strait of Hormuz — Reuters
The UK Maritime Trade Operations (UKMTO) said that it has received a report of an incident in the Strait of Hormuz, Reuters reported on Tuesday.
Japanese Yen remains near two-week low against US Dollar despite hawkish BoJ bets
The Japanese Yen (JPY) trades close to its two-week low against the US Dollar (USD) in the Asian trading session on Tuesday at around 159.50. The USD/JPY pair is under pressure even as financial markets are confident about a Bank of Japan (BoJ) interest rate hike in the September meeting.