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AUD/JPY Price Forecast: Bullish tone remains intact near 97.50
The AUD/JPY cross loses ground to near 97.45 during the early European session on Thursday. The upbeat Japanese economic data, including the Reuters Tankan poll and revised Gross Domestic Product (GDP), keep the door open for an imminent Bank of Japan (BoJ) interest rate hike by the year-end.
USD/INR ticks higher ahead of US inflation data
The Indian Rupee (INR) opens slightly lower at around 88.25 against the US Dollar (USD) on Thursday. Investors brace for a sideways trend in the USD/INR pair ahead of the United States (US) Consumer Price Index (CPI) data for August, which will be published at 12:30 GMT.
GBP/USD treads water above 1.3500, stays muted after RICS Housing Price Balance
GBP/USD moves little for the second successive day, trading around 1.3520 during the Asian hours on Thursday.
USD/CHF trades with negative bias below 0.8000; focus remains on US CPI report
The USD/CHF pair struggles to capitalize on its gains registered over the past two days and trades with a mild negative bias, below the 0.8000 psychological mark during the Asian session on Thursday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
BoJ to hold key interest rate at 0.50% in September meeting -- Reuters poll
The Bank of Japan (BoJ) will raise its key interest rate by at least 25 basis points (bps) in the fourth quarter (Q4), according to the majority of economists polled by Reuters, down from nearly two-thirds a month ago.
Gold drifts lower amid risk-on mood and USD uptick, ahead of US CPI
Gold (XAU/USD) attracts some sellers during the Asian session on Thursday and reverses a part of the previous day's move up, though the downside potential seems limited.
EUR/JPY posts modest gains near 172.50 ahead of ECB rate decision
The EUR/JPY cross posts modest gains near 172.50, snapping the four-day losing streak during the Asian trading hours on Thursday. Expectations that political uncertainty in Japan could give the Bank of Japan (BoJ) more reasons to delay interest rate hikes weigh on the Japanese Yen (JPY).
USD/CAD remains steady above 1.3850, Fed rate cut pricing caps upside
USD/CAD continues its winning streak for the third successive session, trading around 1.3870 during the Asian hours on Thursday.
US CPI data set to point to sticky inflation as tariff pressures persist
The United States (US) Bureau of Labor Statistics (BLS) will publish the all-important Consumer Price Index (CPI) data for August on Thursday at 12:30 GMT.
EUR/USD hovers around 1.1700 ahead of ECB policy decision
EUR/USD holds ground after two days of losses, trading around 1.1700 during the Asian hours on Thursday. The pair moves little as traders adopt caution ahead of the European Central Bank (ECB) interest rate decision due later in the day.
Japanese Yen remains confined in a range against USD; bullish potential seems intact
The Japanese Yen (JPY) extends the sideways consolidative price move against its American counterpart for the second straight day on Thursday amid mixed fundamental cues.
Silver Price Forecast: XAG/USD consolidates above $41.00, bulls await trading range breakout
Silver (XAG/USD) struggles to capitalize on the previous day's positive move and oscillates in a narrow trading band, just above the $41.00 mark during the Asian session on Thursday.
Australian Dollar holds losses following Consumer Inflation Expectations
The Australian Dollar (AUD) inches lower on Thursday after registering gains in the previous session.
NZD/USD strengthens to near 0.5950 after RBNZ's Hawkesby speech
The NZD/USD pair gains traction around 0.5945 during the Asian trading hours on Thursday. The New Zealand Dollar (NZD) edges higher against the Greenback on rising expectations that the US Federal Reserve (Fed) will deliver three rate cuts before the year's end.
US Dollar Index holds steady below 98.00 ahead of US CPI data
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades on a flat note around 97.85 during the Asian session on Thursday. Traders brace for the US Consumer Price Index (CPI) for August later on Thursday for fresh impetus.
PBOC sets USD/CNY reference rate at 7.1034 vs. 7.1062 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1034 compared to the previous day's fix of 7.1062 and 7.1157 Reuters estimate.
Gold Price Forecast: XAU/USD gains momentum to near $3,650, eyes on US CPI release
The Gold price (XAU/USD) gains momentum to near $3,645 during the early Asian session on Thursday. The precious metal edges higher on expectations of a US Federal Reserve (Fed) interest rate cut, a weaker US Dollar (USD) and global geopolitical risks.
WTI edges higher to near $63.50 amid global geopolitical risks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.50 during the early Asian trading hours on Thursday. The WTI trades in positive territory for the third consecutive day amid global geopolitical risks.
GBP/USD continues to test 1.3550 as US CPI inflation print looms
GBP/USD caught a slim bullish step forward on Wednesday, testing the 1.3550 region for the fourth straight trading day, but thus far remains unable to make any further progress.
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