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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."
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $61.63 per barrel, down from Thursday's close at $62.02.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $65.68 after its previous daily close at $66.08.
WTI Price Forecast: Slides closer to mid-$61.00s, eyes multi-month low amid bearish setup
West Texas Intermediate (WTI) US Crude Oil prices attract some follow-through selling for the second straight day and drop to a fresh weekly low, closer to mid-$61.00s during the Asian session on Friday.
United Kingdom FX Today: British Pound awaits next labour market test
The British Pound (GBP) retreated slightly against the US Dollar (USD) on Friday, with the GBP/USD pair trading around 1.3555, down 0.1% on the day, correcting after the previous day's rebound.
ECB's Simkus: Inflation risks are significantly high
European Central Bank (ECB) Governing Council member Gediminas Šimkus said on Friday that inflation risks are significantly high.
EUR/JPY rises to near 173.00 ahead of German HICP data
EUR/JPY extends its gains for the second successive session, trading around 172.90 during the Asian hours on Friday. The currency cross appreciates as the Euro (EUR) gains ground against the Japanese Yen (JPY) ahead of the German August Harmonized Index of Consumer Prices (HICP) data.
USD/CHF trades steadily below 0.8000 ahead of US Michigan Consumer Sentiment data
The USD/CHF pair trades calmly near 0.7960 during the late Asian trading session on Friday. The Swiss Franc pair ticks up as the US Dollar stabilizes after a sharp downside move on Thursday.
USD/CAD slips below 1.3850 amid weaker US consumer sentiment
The Canadian Dollar (CAD) strengthens modestly US Dollar (USD) on Friday, with USD/CAD hovering around 1.3840 during the American session.
AUD/JPY Price Forecast: Keeps bullish vibe above 98.00, overbought RSI warrants caution for bulls
The AUD/JPY cross trades in positive territory for the third consecutive day around 98.20 during the early European session on Friday. The Japanese Yen (JPY) softens against the Australian Dollar (AUD) on political uncertainty in Japan.
FX option expiries for Sept 12 NY cut
FX option expiries for Sept 12 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/INR opens higher amid US-India trade tensions, India's CPI data in focus
The Indian Rupee opens on a weak note against the US Dollar (USD) on Friday.
GBP/JPY Price Forecast: Bulls flirt with 200.00 mark ahead of UK macro data
The GBP/JPY cross attracts buyers for the third consecutive day, with bulls making a fresh attempt to build on the positive move beyond the 200.00 psychological mark during the Asian session on Friday.
US Dollar Index holds above 97.50 ahead of UoM Consumer Sentiment Index data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is recovering its recent losses and trading around 97.70 during the Asian hours on Friday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
EUR/USD holds below 1.1750 ahead of German HICP release
The EUR/USD pair loses traction to around 1.1725 during the Asian trading hours on Friday, pressured by a firmer US Dollar (USD). Nonetheless, the potential downside might be limited amid the rising bets of the US Federal Reserve (Fed) rate cut next week.
Australia FX Today: The Aussie hangs on to China's figures
The Australian Dollar (AUD) traded slightly lower on Friday, below 0.6650 against the US Dollar (USD), losing 0.15% over the session.
Gold climbs above $3,650 amid dovish Fed expectations, bearish USD
Gold (XAU/USD) is seen building on the previous day's goodish rebound from the $3,613-3,612 area and gaining some follow-through positive traction during the Asian session on Friday.
When are the UK data releases and how could they affect GBP/USD?
The United Kingdom (UK) docket has the monthly Gross Domestic Product (GDP) to be released by the Office for National Statistics (ONS) on Friday, alongside the Trade Balance and Industrial Production, all of which will be published later this session at 06:00 GMT.
EUR/GBP steady near 0.8650 as UK GDP stalls, BoE decision looms
The Euro (EUR) trades with a mild positive tone against the British Pound (GBP) on Friday, with EUR/GBP paring earlier gains after failing to sustain momentum above 0.8660.
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