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EUR: Good momentum into Trump-Putin summit - ING
EUR/USD is approaching tomorrow's US-Russia summit with good momentum, and the option market does not seem to be pricing in major volatility risk, ING's FX analyst Francesco Pesole notes.
EUR/GBP dips to multi-week lows below 0.8600 after bright UK data
The Euro extended losses as the Pound Sterling surged across the board on Thursday, as stronger-than-expected UK GDP and Manufacturing production figures provided further reasons for the BoE to keep interest rates steady for some time.Data released by National Statistics showed that the UK economy g
NZD/USD retreats from two-week top, slides to mid-0.5900s amid goodish USD recovery
The NZD/USD pair faces rejection near the 50-day Simple Moving Average (SMA) on Thursday and retreats from the vicinity of the 0.6000 psychological mark, or over a two-week high touched the previous day.
US Dollar Index rebounds toward 98.00 ahead of Producer Price Index data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is trading around 97.80 during the early European hours on Thursday after recovering daily losses.
GBP/JPY find ground near 198.60 on upbeat UK GDP data
The GBP/JPY pair finds a temporary cushion near 198.60 during Thursday's European session after correcting sharply from the psychological level of 200.00 earlier in the day. The pair attracts some bids after the release of the United Kingdom (UK) Gross Domestic Product (GDP) and the factory data.
Pound Sterling hits one-month high as UK GDP data beats estimates
The Pound Sterling (GBP) attracts bids against its major peers on Thursday on upbeat United Kingdom (UK) Gross Domestic Product (GDP) and factory data.
WTI recovers above $62.00 as traders await US-Russia peace talks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.30 during the early European trading hours on Wednesday.
Forex Today: Pound Sterling benefits from Q2 GDP, US Dollar awaits mid-tier data
Here is what you need to know on Thursday, August 14:
Crude oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.23 per barrel, up from Wednesday's close at $62.10.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $65.49 price posted on Wednesday, and trading at $65.62.
EUR/GBP softens to near 0.8600 on upbeat UK GDP data
The EUR/GBP cross loses ground to around 0.8615 during the early European session on Thursday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the release of UK Gross Domestic Product (GDP) data.
UK Preliminary GDP rises 0.3% QoQ in Q2 2025 vs. 0.1% expected
The UK economy expanded at a quarterly rate of 0.3% in the three months to June 2025, following a 0.7% growth in the first quarter (Q1).
FX option expiries for Aug 14 NY cut
FX option expiries for Aug 14 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CHF Price Forecast: Trades sideways around 0.8050 ahead of US PPI data
The USD/CHF pair consolidates in a tight range around 0.8050 during the European trading session on Thursday. The Swiss Franc pair wobbles ahead of the release of the United States (US) Producer Price Index (PPI) data for July, which will be published at 12:30 GMT.
USD/CAD struggles near 1.3750 as Fed rate cut bets, Oil supports Canadian Dollar
USD/CAD remains subdued for the third successive day, trading around 1.3760 during the Asian hours on Thursday. The pair struggles as the US Dollar (USD) loses ground amid rising odds of further rate cuts by the US Federal Reserve (Fed).
Silver Price Forecast: XAG/USD eases from multi-week top, flat lines around mid-$38.00s
Silver (XAG/USD) retreats slightly from a nearly three-week top touched during the Asian session on Thursday and is currently trading just above mid-$38.00s, up around 0.10% for the day.
GBP/USD holds steady above 1.3550 as investors await UK GDP, US PPI releases
The GBP/USD pair trades on a flat note around 1.3575 during the Asian trading hours on Thursday. Traders prefer to wait on the sidelines ahead of the key data from both the United Kingdom (UK) and the United States (US).
USD/INR faces pressure ahead of Trump-Putin meet
The Indian Rupee (INR) extends its upside slightly to near 87.55 at open against the US Dollar (USD) on Thursday.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
EUR/JPY slumps below 171.50 as Bessent criticizes BoJ, Eurozone GDP eyed
EUR/JPY depreciates more than 0.5%, trading around 171.50 during the Asian hours on Thursday. The currency cross loses ground as the Japanese Yen (JPY) advances after US Treasury Secretary Scott Bessent criticized the Bank of Japan's (BoJ) stance on inflation.
Gold surrenders modest intraday gains amid risk-on mood, downside seems limited
Gold (XAU/USD) struggles to capitalize on its modest Asian session gains to a three-day peak and attracts some intraday sellers near the $3,375 region.
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