The Aussie bounced up from two-week lows at 0.6520 on Thursday, favoured by a moderate US DOllar reversal although the negative risk sentiment is capping bulls at the upper range of 0.6500.
Blogs
Natural Gas set to sink to $2 as oversupply lingers
Natural Gas (XNG/USD) is nose diving as markets are being swamped with cheap Gas from all angles. The fact that there is such oversupply comes first and foremost from the uninterrupted gasflow coming from
Gold remains moderately bid on hopes that rate hikes are over
Gold price (XAU/USD) keeps a mild buying tone in Thursday’s early European session, with price action approaching the top of the last few days’ trading range.
Eurozone final Q3 GDP revised down to 0% QoQ vs. 0.1% preliminary estimate
The Eurozone economy unexpectedly stalled in the third quarter of 2023, the final estimate published by Eurostat showed on Thursday.
India Gold price today: Gold rebounds, according to MCX data
Gold prices rose in India on Thursday, according to data from India's Multi Commodity Exchange (MCX).
Pound Sterling Price News and Forecast: GBP/USD recovery attempts remain capped below 1.2600 so far
The GBP/USD pair extends its downside above the mid-1.2500s during the early Asian trading hours on Thursday.
Italy Retail Sales s.a. (MoM) up to 0.4% in October from previous -0.3%
Italy Retail Sales s.a. (MoM) up to 0.4% in October from previous -0.3%
Italy Retail Sales n.s.a (YoY) down to 0.3% in October from previous 1.3%
Italy Retail Sales n.s.a (YoY) down to 0.3% in October from previous 1.3%
Eurozone Gross Domestic Product s.a. (YoY) came in at 0%, below expectations (0.1%) in 3Q
Eurozone Gross Domestic Product s.a. (YoY) came in at 0%, below expectations (0.1%) in 3Q
GBP/JPY dives below 182.70 support on hopes of a BoJ pivot
The Pound tumbles against a stronger Yen. Ueda’s comments suggest that the BoJ will exit its ultra-loose policy.