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Forex
Forex Today: US Dollar consolidates weekly gains ahead of producer inflation data
Here is what you need to know on Friday, October 11:
Following Thursday's volatile action, markets seems to have stabilized to begin the last trading day of…
EUR/GBP remains firm above 0.8350 following German inflation, UK GDP data
EUR/GBP gains traction to near 0.8380 in Friday’s early Asian session, up 0.11% on the day.
The German HICP inflation remained steady at 1.8% YoY in…
UK GDP rises 0.2% MoM in August, as expected
UK GDP expands 0.2% MoM in August, matches estimates
GBP/USD battles 1.3050 after the UK data.
The UK economy expanded by 0.2% over the month in August,…
Philippines Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Philippines on Friday, according to data compiled by FXStreet.
The price for Gold stood at 4,864.80 Philippine Pesos (PHP) per gram, up…
USD/INR jumps as hotter US CPI, hawkish Fed boost the US Dollar
The Indian Rupee edges lower in Friday’s Asian session.
Indian foreign outflows, rising crude oil prices weigh on the INR; likely RBI’s intervention might…
Australian Dollar extends its recovery ahead of US PPI data
The Australian Dollar trades in positive territory for the second consecutive day in Friday’s Asian session.
Reduced bets of deeper Fed rate cuts support…
Japanese Yen seems vulnerable amid diminishing odds for more BoJ rate hikes
The Japanese Yen fails to build on the overnight strength amid the BoJ rate hike uncertainty.
A positive risk tone also undermines the JPY, though subdued…
NZD/USD drifts higher to near 0.6100, investors await PPI data
NZD/USD edges higher to near 0.6095 in Friday’s early Asian session.
The US CPI inflation was higher than forecast in September, while jobless claims posted…
USD/CAD extends upside to near 1.3750 ahead of US PPI, Canadian job report
USD/CAD trades in positive territory for eight consecutive days near 1.3745 in Friday’s early Asian session.
The US CPI inflation was hotter than expected…
EUR/USD falls back as US CPI inflation data prints above expectations
EUR/USD tested lower on Thursday, finding the 200-day EMA.
Euro data remains thin this week, leaving Fiber to churn on US data.
Coming up on Friday: US PPI…