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EUR/GBP slides below 0.8670 following weak Eurozone Retail Sales
The Euro extended its reversal from 0.8715 highs against the British Pound on Thursday.
Brent faces hurdle at 200-Day Moving Average - Société Générale
Brent crude's rebound is losing steam as it struggles to clear its 200-day moving average near $70.50-71.00, keeping downside risks intact with key support at $65, Société Générale's FX analysts note.
DXY: ISM services, ADP employment today - OCBC
US Dollar (USD) slipped overnight after rising the session before. DXY last at 98.29 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBP: Governor Bailey indicated pace of QT remains under consideration - MUFG
The Pound Sterling (GBP) has been on been one of worst performing G10 currencies so far this week alongside the yen.
GBP: Calm restored, but pound remains unattractive - ING
The Pound Sterling (GBP) has rebounded as gilts bounced back after Tuesday's headline-grabbing slump, which was entirely in line with global bond moves, ING's FX analyst Francesco Pesole notes.
USD/JPY: Japanese political uncertainty in focus - MUFG
The major foreign exchange rates have remained relatively stable overnight after the pick-up in volatility in recent days triggered in part by the sell-off at the long-end of global bond markets.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Thursday, according to FXStreet data.
USD/JPY: Political risks - OCBC
Focus on 8 September as LDP members submit responses to decide if the party presidential election should be brought forward. USD/JPY was last at 148.23 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
TRY: August CPI and PPI reinforce our caution - Commerzbank
Turkish inflation momentum is not recording noticeable deceleration any longer, except in (misleading) year-on-year comparison, Commerzbank's FX analyst Tatha Ghose notes.
EUR/JPY remains near 173.00 following disappointing Eurozone Retail Sales figures
EUR/JPY continues its winning streak for the sixth consecutive session, trading around 172.80 during the European hours on Thursday.
Eurozone Retail Sales decline by 0.5% in July vs. -0.2% expected
Retail Sales in the Eurozone decline by 0.5% on a monthly basis in July, the Eurostat reported on Thursday. This print followed the 0.6% increase recorded in June (revised from 0.3%) and came in worse than the market expectation for a decline of 0.2%.
EUR: Upside risks persist - ING
EUR/USD is set for a return above 1.170, ING's FX analyst Francesco Pesole notes.
EUR/USD: Watching out for French vote - OCBC
Euro (EUR) saw a modest rebound overnight, following the larger pullback seen the session before. EUR/USD was last at 1.1655, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US labour market appears to be cooling further - Commerzbank
Yesterday's US labour market figures showed that the labour market is cooling down slowly: job vacancies fell more sharply than expected in July, while layoffs increased more than anticipated, Commerzbank's FX analyst Michael Pfister notes.
US Dollar Index (DXY) edges up above 98.00 ahead of key US releases
The Dollar is trading with marginal gains on Thursday.
Staying alert to US labour market weakness - DBS
The DXY Index depreciated by 0.3% to 98.1. Mirroring the nonfarm payrolls, US JOLTS job openings fell to 7181k in July, lower than the 7380k consensus. June was revised lower to 7357k from 7437k,, DBS' Senior FX Strategist Philip Wee report.
GBP: Once again, the narrative of the UK as a developing country - Commerzbank
On Tuesday, there were several reports once again claiming that the United Kingdom was a developing country. This was due to gilt yields rising significantly and the pound coming under considerable pressure.
AUD/USD declines to near 0.6520 as US Dollar stabilizes ahead of US data
The AUD/USD pair falls to near 0.6520 during the European trading session on Thursday. The Aussie pair faces selling pressure as the US Dollar (USD) stabilizes after a sharp corrective move on Wednesday.
USD/CHF nudges up above 0.8050 following soft Swiss CPI data
The US Dollar is crawling higher against a somewhat weaker Swiss Franc, as the unexpected contraction in Switzerland's consumer prices in August feeds speculation that the SNB will cut rates into negative levels over the coming months.The pair is crawling higher from Wednesday's lows at 0.8025, but
Dow Jones futures remain steady ahead of key US economic data
Dow Jones futures remain steady near 45,300 during European hours on Thursday, ahead of the opening of the United States (US) regular markets. Moreover, the S&P 500 futures edge higher 0.15% to trade above 6,450 the Nasdaq 100 futures advance 0.20%, trading around 23,500.
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