Show:
USD/CAD Price Forecast: Bulls have the upper hand despite corrective slide, 1.3800 holds the key
The USD/CAD pair attracts some sellers on Thursday and moves away from its highest level since early August, around the 1.3860-1.3865 region touched in reaction to the Bank of Canada's (BoC) oversized rate cut the previous day.
EUR/GBP depreciates to near 0.8300, remains tepid after Eurozone PMI figures
EUR/GBP retraces its recent gains registered in the previous session, trading around 0.8320 during the European hours on Thursday.
Eurozone Preliminary Manufacturing PMI improves to 45.9 in October vs. 45.1 expected
The Eurozone manufacturing sector contraction eased while the services sector activity deterirated further in October, according to the data from the HCOB's latest Purchasing Managers Index (PMI) Survey published on Thursday.
S&P Global PMIs set to show US economic expansion extended into October
S&P Global will publish the preliminary estimates of the United States (US) Purchasing Managers Indexes (PMIs) for October on Thursday.
Pound Sterling consolidates ahead of flash UK PMI
The Pound Sterling (GBP) trades sideways against its major peers in Thursday's London session as investors await the preliminary United Kingdom (UK) S&P Global/CIPS Purchasing Managers Index (PMI) data for October, which will be published at 08:30 GMT.
USD/CAD Price Forecast: Rally pauses near 1.3850 for a while
The USD/CAD pair corrects slightly to near 1.3820 in Thursday's European session after posting a fresh 11-week high above 1.3850 on Wednesday.
German Preliminary Manufacturing PMI unexpectedly rises to 42.6 in October vs. 40.5 expected
The German manufacturing sector witnessed a tepid recovery in October while the services sector activity also rebounded, the preliminary business activity report published by the HCOB survey showed Thursday.
USD/CHF hovers around 0.8650 close to two-month highs, US PMI awaited
USD/CHF trades around 0.8660 during the early European session on Thursday, hovering around the two-month high of 0.8686, which was recorded on Wednesday.
Forex Today: Japanese Yen selling pauses, market attention shifts to PMI data
Here is what you need to know on Thursday, October 24: After suffering large losses against its major rivals on Wednesday, the Japanese Yen (JPY) stages a rebound early Thursday.
FX option expiries for Oct 24 NY cut
FX option expiries for Oct 24 NY cut at 10:00 Eastern Time, via DTCC, can be found below.
GBP/USD trades below 1.2950 near 10-week lows, PMI figures awaited
The GBP/USD pair trades around 1.2930 during the Asian session on Thursday, staying near its 10-week low of 1.2907 reached on Wednesday.
EUR/USD recovers further from multi-month low, moves to 1.0800 ahead of flash PMIs
The EUR/USD pair gains some positive traction during the Asian session on Thursday and for now, seems to have snapped a three-day losing streak to its lowest level since early July, around the 1.0760 area touched the previous day.
ECB's Vasle: We should keep going to neutral in measured steps
European Central Bank (ECB) Governing Council member Bostjan Vasle said on Thursday that "we should keep going to neutral in measured steps." Further comments There is no urgency in discussing undershooting the target or going below neutral.
NZD/USD moves above 0.6000 due to little change in US economic activity
NZD/USD gains ground as the US Dollar (USD) faced downward pressure following the release of the Federal Reserve's (Fed) Beige Book on Wednesday.
ECB's Holzmann: I'd say a quarter-point step is probable in December
European Central Bank (ECB) policymaker Robert Holzmann noted in a Bloomberg News interview on Thursday," I'd say a quarter-point step is probable in December." Holzmann added that "a bigger half-point cut is unlikely though not impossible.
Silver Price Forecast: XAG/USD climbs closer to $34.00, remains below multi-year peak
Silver (XAG/USD) attracts some buyers during the Asian session on Thursday and for now, seems to have stalled its corrective slide from the $34.85-$34.90 area, or the highest level since October 2012 touched this week.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
USD/INR remains confined within a narrow range, 16th BRICS Summit reaches its final day
The Indian Rupee (INR) steadies against the US Dollar (USD) on Thursday, with the USD/INR pair hovering within the 84.00-84.10 range.
Gold price trades with modest gains amid retreating US bond yields, softer USD
Gold price (XAU/USD) witnessed an intraday turnaround on Wednesday and tumbled around $50 after hitting a fresh record high, around the $2,760 region.
Gold Price Forecast: XAU/USD buyers stay hopeful whilst above 38.2% Fibo level at $2,700
Gold price is reversing a part of Wednesday's correction from record highs of $2,759 early Thursday.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy