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When is the China Retail Sales, Industrial Production and how it could affect AUD/USD?
The National Bureau of Statistics of China (NBS) will publish its data for August at 02.00 GMT. Retail Sales is expected to show an increase of 3.8% year-over-year (YoY) in August, compared to 3.7% in the previous reading.
Gold Price Forecast: XAU/USD drifts higher to near $3,650 as Fed is expected to cut rates
The Gold price (XAU/USD) edges higher to near $3,640 during the early Asian session on Monday. The yellow metal gains traction as a weakening US labor market reinforces expectations that the Federal Reserve (Fed) will deliver its first rate cut of the year this week.
USD/CHF Price Forecast: Sellers dominate as pair consolidates below key SMAs
USD/CHF advanced during the North American session, yet it remains consolidating at around the 0.7950-0.8000 range ahead of the next week Federal Reserve's monetary policy meeting. The pair trades at 0.7966 up 0.12%.
EUR/USD steadies as Fed rate cut bets firm amidst US labor market concerns
EUR/USD remains steady during the North American session on Friday, poised to end the week with modest gains of over 0.18% as traders brace for the next week's monetary policy decision by the Federal Reserve (Fed). At the time of writing, the pair trades at 1.1736, virtually unchanged.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
WTI Price Forecast: Momentum fades below 21-day SMA
West Texas Intermediate (WTI) Crude Oil reversed course during the American session on Friday, paring intraday gains after hitting a daily high of $63.69.
Gold rises as weak US sentiment and jobs data fuel rate cut expectations
Gold prices rise over 0.44% during Friday's North American session as weaker than expected jobs market data increased the chances that the Federal Reserve (Fed) will cut interest rates next week. At the time of writing, XAU/USD trades at $3,649 after hitting a daily low of $3,630.
Dow Jones Industrial Average pares gains, falls back below 46,000
The Dow Jones Industrial Average (DJIA) pared gains on Thursday, slipping back below 46,000 after chalking in record levels through the midweek sessions.
EUR/USD stands tall as US data cements hopes of Fed interest-rate cuts
The EUR/USD pair extends gains on Friday, trading around 1.1745 in the early European session, on track to post a second consecutive weekly gain.
USD/CAD Price Forecast: Targets nine-day EMA support near 1.3800
USD/CAD trades around 1.3830 during the European hours on Friday, remaining subdued after registering nearly a quarter-percent loss in the previous session.
USD/CAD Price Forecast: Corrects to near 1.3830 on US stagflation risks
The USD/CAD pair trades cautiously near Thursday's low around 1.3835 during the European trading session on Friday. The Loonie pair retraces from its recent highs of 1.3890 as the US Dollar (USD) faces selling pressure amid growing United States (US) stagflation risks.
Japan's Akazawa: US tariffs of 15% could cut Japanese corporate earnings by up to 3%
Japanese Economy Minister and top trade negotiator Ryosei Akazawa made some comments on US-Japan tariffs this Friday.
Forex Today: US Dollar finds support ahead of consumer confidence data
Here is what you need to know on Friday, September 12:
ECB's Muller: Rates supportive of economic recovery
European Central Bank (ECB) policymaker Madis Muller said on Friday that the interest rates are supportive of economic recovery.
EUR/USD stabilizes near 1.1720 as US Dollar eases after UoM survey
The Euro (EUR) trades on the back foot against the US Dollar (USD) on Friday, with EUR/USD hovering around 1.1720, stabilizing after dipping to intraday lows near 1.1700.
GBP/USD slips as Dollar steadies ahead of Fed, BoE meetings
The Pound Sterling retreats during the North American session by a modest 0.10% on Friday as the Greenback recovers some ground, after a week that witnessed US inflation remains steady above the Fed's 2% goal but controlled. The GBP/USD trades at 1.3556 after hitting a daily high of 1.3580.
Silver Price Forecast: XAG/USD marks fresh 14-year highs above $42.00
Silver price (XAG/USD) extends its winning streak for the third successive session, marking a fresh 14-year high at $42.17 during the Asian hours on Friday.
ECB's Villeroy: Labour market conditions are in good shape
European Central Bank policymaker Francois Villeroy de Galhau said on Friday that inflation has stabilised at the targeted level, but the risks remain high.
EUR/GBP holds positive ground near 0.8650 as UK economy stalls in July
The EUR/GBP cross trades on a positive note near 0.8650 during the early European session on Friday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
ECB's Kazaks: There cannot be a pre-determined path for ECB
Speaking in a CNBC News interview on Friday, European Central Bank (ECB) policymaker Martins Kazaks said that "there cannot be a pre-determined path for the ECB."
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