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WTI Price Forecast: Oil claws back above $63 after hitting a two-week low, OPEC+ meeting in focus
West Texas Intermediate (WTI) Crude Oil recovers on Thursday after sliding to its lowest level since August 21, near $62.50 earlier in the day.
GBP/USD consolidates as ADP jobs disappoint, ISM Services PMI tops forecasts
The British Pound (GBP) is treading water against the US Dollar (USD) on Thursday, with GBP/USD struggling to build on Wednesday's rebound from nearly a one-month low as a steady Greenback, supported by mixed US labor data, leaves buyers cautious amid renewed concerns over the United Kingdom's (UK)
EUR/USD softens as US Dollar firms on mixed labor data and weak Eurozone Retail Sales
The Euro (EUR) is under pressure against the US Dollar (USD) on Thursday, with EUR/USD retracing part of Wednesday's advance and trading near 1.1645 at the start of the American session.
US: Initial Jobless Claims rose to 237K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance went up to 237K for the week ending August 30.
EUR/CHF extends gains as Swiss CPI stays soft, Eurozone Retail Sales disappoint
The EUR/CHF pair is attracting fresh buying interest for the second consecutive day on Thursday, with the cross edging higher to trade around 0.9381 during the European session.
GBP/JPY edges higher to near 199.30 as UK gilts rebound faster than Japan's bonds
The GBP/JPY pair ticks up to near 199.30 during the European trading session on Thursday. The cross edges higher as the Pound Sterling (GBP) gains, following a decent recovery in demand for United Kingdom (UK) long-dated gilts.
Gold consolidates below record highs as traders eye US labor market data
Gold (XAU/USD) is taking a breather on Thursday after hitting a fresh record high of $3,578.50 on Wednesday, pausing a remarkable seven-day rally.
AUD/USD extends losses, approaching 0.6500 with US data on tap
The Australian Dollar is retracing its previous gains against the US Dollar on Thursday.
JPY down marginally ahead of key labor cash earnings data - Scotiabank
The Japanese Yen (JPY) is down a marginal 0.1% against the US Dollar (USD) and finally recovery from the lower end of the performance rankings that had characterized its trading earlier in the week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP is outperforming with modest gain - Scotiabank
The Pound Sterling (GBP) is up marginally against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Thursday's NA session.
EUR quiet and trading in narrowed ranges - Scotiabank
The Euro (EUR) is trading flat against the US Dollar (USD) and consolidating within increasingly narrowed ranges despite ongoing political uncertainty and major near-term risks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
CAD softer as USD gains broadly - Scotiabank
The Canadian Dollar (CAD) is a little lower against the generally firmer US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD edges higher ahead of ADP - Scotiabank
The US Dollar (USD) is tracking a little higher overall on little or no new developments.
USD/JPY rises to near 148.40 as US Dollar gains ground
The USD/JPY pair moves higher to near 148.40 during the European trading session on Thursday. The pair edges up as the US Dollar gains ground after retracing on Wednesday.
Silver Price Forecast: XAG/USD bounces at $40.50, approaching $41.00
Silver (XAG/USD) is trimming losses during Thursday's European session opening.
GBP holds firm as inflation expectations rise - BBH
The Pound Sterling (GBP) is steady against most peers after the Bank of England's August DMP survey showed inflation expectations climbing to five-month highs, reinforcing a cautious approach to policy easing.
EUR/USD holds mid-range, eyes 1.20+ in coming months - BBH
EUR/USD continues to trade near the middle of its 1.1550-1.1750 range from early August, with scope to trend higher toward 1.2000-1.2200 in the coming months as ECB policy remains steady while the Fed resumes easing.
USD/KRW holds above key trendline support - BBH
USD/KRW is consolidating near key support at 1358, with momentum indicators showing limited direction. A sustained move above 1406 could open the way toward the 200-day moving average at 1417/1425, Société Générale's FX analysts note.
USD holds in tight range as markets stabilize - BBH
US Dollar (USD) retraced some of yesterday's losses and continues to trade within the narrow range seen since early August. Global bond and equity markets have stabilized.
USD: ADP more important than usual - ING
We noted yesterday that the slump in long-dated global bonds was unlikely to sustain dollar strength. That's proven true - the dollar has given back some gains, and focus has shifted back to the data, ING's FX analyst Francesco Pesole notes.
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