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EUR/GBP softens below 0.8650 on concerns over the French political crisis
The EUR/GBP cross edges lower to near 0.8620 during the early European session. Fears of a French political crisis exert some selling pressure on the Euro (EUR) against the Pound Sterling (GBP). The release of Retail Sales and inflation reports from Germany will be closely watched later on Friday.
BoJ's Nakagawa says will make policy decisions at each meeting based on hard data
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday that the central bank will gather information as much as possible ahead of every policy meeting to avoid falling behind the curve, given solid wage growth over the last several years.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.36 per barrel, down from Wednesday's close at $63.67.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.85 after its previous daily close at $67.19.
USD/INR steadies as soft US Dollar offsets US tariffs' impact on Indian Rupee
The Indian Rupee (INR) trades almost flat at around 87.80 against the US Dollar (USD) in opening trading hours on Thursday after a holiday on Wednesday on account of Ganesh Chaturthi. The USD/INR pair is supported by a sluggish performance from the US Dollar.
AUD/NZD trades near 1.1100 after pulling back from six-month highs
AUD/NZD retreats after reaching a six-month high at 1.1131, trading around 1.1110 during the Asian hours on Thursday. However, the downside of the currency cross could be restrained as the Australian Dollar (AUD) gains ground following the release of Australia's Private Capital Expenditure.
EUR/JPY Price Forecast: Positive view prevails above 171.00, eyes on French politics
The EUR/JPY cross loses momentum to around 171.25 during the early European session on Thursday. The Euro (EUR) weakens against the Japanese Yen (JPY) amid fears of a French political crisis.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Thursday, according to data compiled by FXStreet.
USD/CHF extends the decline to near 0.8000 ahead of Swiss/US GDP releases
The USD/CHF pair extends its downside to around 0.8015 during the Asian trading hours on Thursday. The US Dollar (USD) remains under selling pressure against the Swiss Franc (CHF) due to persistent concerns over the Fed's independence.
WTI falls below $63.50 as summer driving season approaches end
West Texas Intermediate (WTI) Oil price retraces its recent gains from the previous session, trading around $63.40 per barrel during the Asian hours on Thursday.
EUR/USD ticks up to near 1.1650, French risks might cap upside
The EUR/USD pair edges higher to near 1.1650 during the Asian trading session on Thursday.
US Dollar Index drops to near 98.00 amid caution ahead of US PCE inflation data
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, trades 0.12% lower to near 98.00 during the Asian trading session on Thursday.
USD/CAD falls toward 1.3750 as US Dollar declines on Fed concerns
USD/CAD extends its losses for the third successive session, trading around 1.3770 during the Asian hours on Thursday. The pair depreciates as the US Dollar (USD) faces challenges amid rising concerns over the US Federal Reserve's (Fed) independence.
Australian Dollar gains ground following rise in Q2 Private Capital Expenditure
The Australian Dollar (AUD) gains ground for the third successive session on Thursday, following the release of Private Capital Expenditure, which rose 0.2% in the second quarter, from the previous decline of 0.1% but falling short of the expected 0.7% increase.
Gold attracts some sellers amid profit-taking, US GDP data in focus
The Gold price (XAU/USD) trades in negative territory during the Asian trading hours on Thursday. The precious metal retreats from a three-week high near $3,400 amid a rebound in the US Dollar (USD) and some profit-taking.
Japan's Akazawa cancels US visit to finalise investment pact -- Reuters
Japan's trade negotiator Ryosei Akazawa has canceled a visit to the United States (US) this week, Reuters reported on Thursday.
BoJ's Nakagawa: Will continue to raise interest rate if economic, inflation outlook realized
Bank of Japan (BoJ) monetary policy board member Junko Nakagawa said on Thursday, "if its outlook for economic activity and prices is realized, BoJ will continue to raise the policy interest rate."
China's trade negotiator: Frank, pragmatic, constructive exchanges with Canada
China's top trade negotiator Li Chenggang said on Thursday that China and Canada had frank, pragmatic and constructive exchanges on improving and developing bilateral economic and trade relations.
PBOC sets USD/CNY reference rate at 7.1063 vs. 7.1108 previous
On Thursday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1063 as compared to the previous day's fix of 7.1108 and 7.1479 Reuters estimate.
GBP/USD maintains position around 1.3500 ahead of Q2 US GDP Annualized
GBP/USD remains steady after two days of gains, trading around 1.3500 during the Asian hours on Thursday. The pair may further appreciate as the US Dollar (USD) struggles amid rising concerns over the US Federal Reserve's (Fed) independence.
NZD/USD holds steady above 0.5860 ahead of US GDP release
The NZD/USD pair trades on a flat note around 0.5860 during the early Asian session on Thursday.
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