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NZD/USD Price Forecast: Struggles near 0.5820, below 200-day on RBNZ's dovish stance
The NZD/USD pair touches a fresh low since April 14, around the 0.5815 region, during the Asian session on Thursday and looks to extend the previous day's dovish Reserve Bank of New Zealand (RBNZ) inspired slump.
USD/JPY Price Forecast: Trades sideways above 147.00 ahead of key US-Japan events
The USD/JPY pair consolidates in a tight range around 147.40 during the late Asian trading session on Thursday. The pair trades sideways as investors await Federal Reserve (Fed) Chair Jerome Powell's speech at the on Friday.
AUD/JPY slips near 94.50 as inflation expectations ease in Australia
AUD/JPY continues its losing streak for the third successive session, trading around 94.60 during the Asian hours on Thursday.
EUR/GBP flat lines near 0.8650 as traders await Eurozone/UK PMI data
The EUR/GBP cross trades on a flat note around 0.8655 during the early European session on Thursday. Traders prefer to wait on the sidelines ahead of the preliminary reading of the HCOB Purchasing Managers Index (PMI) for August from the Eurozone and Germany, which are due later on Thursday.
USD/INR extends losing streak ahead of flash India-US PMI data for August
The Indian Rupee (INR) extends its winning streak against the US Dollar (USD) for the fourth trading day on Thursday.
GBP/JPY flat lines above 198.00 as BoE-BoJ policy divergence caps gains ahead of UK PMIs
The GBP/JPY pair holds steady above the 198.00 mark during the Asian session on Thursday, though the lack of any meaningful buying warrants caution before positioning for an extension of the overnight bounce from a nearly two-week low.
USD/CHF edges higher to near 0.8050 ahead of Swiss Trade Balance data, US PMIs
USD/CHF appreciates after registering nearly 0.5% losses in the previous session, trading around 0.8050 during the Asian hours 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 raise interest rates again in Q4 -- Reuters poll
The Bank of Japan (BoJ) will raise the interest rate by at least 25 basis points (bps) again by the year-end, according to nearly two-thirds of economists in a Reuters poll, up from just over half a month ago.
USD/CAD Price Forecast: Bulls retain control near 1.3880 area, highest since May 21
The USD/CAD pair trades with a positive bias for the third consecutive day on Thursday and hovers near the 1.3880 region, or its highest level since May 21, during the Asian session.
GBP/USD softens to near 1.3450 ahead of UK/US PMI releases
The GBP/USD pair drifts lower to around 1.3450 during the Asian trading hours on Thursday, pressured by a modest rebound in the US Dollar (USD).
Gold stalls Wednesday's recovery from 100-day SMA support amid a firmer USD
Gold (XAU/USD) meets with some supply during the Asian session on Thursday and stalls the previous day's goodish recovery from the $3,312-3,311 area, or a nearly three-week low.
EUR/JPY hovers above 171.50 as traders adopt caution ahead of Eurozone PMIs
EUR/JPY remains steady after two days of losses, hovering around 171.70 during the Asian trading hours on Thursday. The currency cross moves little as traders adopt caution ahead of HCOB Purchasing Managers' Index (PMI) data from Germany and the Eurozone.
EUR/USD holds loses around 1.1650 ahead of Eurozone PMI data
EUR/USD edges lower after registering slight gains in the previous session, trading around 1.1640 during the Asian hours on Thursday. The Euro (EUR) depreciates against the US Dollar (USD) ahead of HCOB Purchasing Managers' Index (PMI) data from Germany and the Eurozone.
Silver Price Forecast: XAG/USD gains ground above $37.50 on Fed rate cut hopes
The Silver price (XAG/USD) gains traction to near $37.85 during the Asian trading hours on Thursday. The white metal receives support from the expectation of a US Federal Reserve (Fed) rate cut in the September meeting.
Australian Dollar holds steady after improved S&P Global PMI data
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Thursday, extending its losses for the fourth successive day. The AUD/USD pair remains subdued despite the release of the improved preliminary data of S&P Global Australia's Purchasing Managers Index (PMI).
USD/JPY climbs closer to mid-147.00s; lacks bullish conviction amid BoJ-Fed divergence
The USD/JPY pair is building on the overnight modest rebound from the 146.85 region, or the weekly trough, and gaining some positive traction during the Asian session on Thursday.
US Dollar Index posts modest gains above 98.00 ahead of US PMI releases
The US Dollar Index (DXY), an index of the value of the US Dollar (USD) measured against a basket of six world currencies, trades in positive territory near 98.30 during the Asian session on Thursday.
NZD/USD weakens below 0.5850 on dovish RBNZ cut
The NZD/USD pair loses ground near 0.5815 during the early Asian session on Thursday. The New Zealand Dollar (NZD) weakens against the US Dollar (USD) after the Reserve Bank of New Zealand (RBNZ) delivered a rate cut and left the door open for further moves lower.
WTI rebounds above $62.50 as US crude inventories fall more than expected
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.80 during the early Asian trading hours on Thursday. The WTI edges higher as US crude oil inventories fall more than expected.
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