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GBP/USD attracts some buyers near 1 2700, US PCE data looms

GBP/USD attracts some buyers near 1 2700, US PCE data looms
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United statesUnited kingdomChristopher wallerMichelle bowmanAndrew baileyUs bureau of economic analysisEconomic analysisFederal reserveGovernor michelle bowmanFed governor christopher wallerCore personal consumption expenditure price indexGovernor andrew baileyJobless claimsPending home sales

USD/INR clings to mild losses ahead of the Indian GDP, US PCE data

Indian Rupee (INR) drifts higher on Thursday as dovish comments from Federal Reserve (Fed) officials undermine the US Dollar demand.

New zealandAjay sethMichelle bowmanChristopher wallerEconomic affairsIndian rupeePersonal consumption expenditure price indexFederal reserveEconomic affairs secretary ajay sethGross domestic productCore personal consumption expenditure price indexDigest market moversDomestic product annualizedGovernor michelle bowmanGovernor christopher wallerExponential moving average

South African rand lifted by talk of Fed rate cuts

The South African rand lifted on Wednesday after a U.S. Federal Reserve official flagged a possible interest rate cut in the coming months.

South africaUnited statesUnited kingdomNew zealandSouth africanSouth africansBabalwa ngonyamaChristopher wallerRedmond wongAndrew baileyCarol kongChristopher wongMichelle bowmanDanny greeffJerome powellAfrican reserve bank

Forex Today: Dollar extends uneven recovery, Yields rebound

During the Asian session, Japan will release jobs data, and New Zealand consumer confidence data is due.

New zealandDow jonesJudo bank manufacturingChinese caixin manufacturingChair powellCore personal consumption expenditure price indexJobless claimsContinuing claimsWall streetCaixin manufacturingSwiss francSimple moving averageUnemployment rateCapital spendingSimple movingMorgan consumer confidence

Forex Today: Timid Dollar recovery ahead of key US consumer inflation data

The highlight of the Asian session will be China's PMIs. Japan will release Industrial Production, Retail Trade, Consumer Confidence, and Housing Starts.

New zealandUnited statesUnited kingdomOrganization of petroleum exporting countriesIndustrial productionRetail tradeConsumer confidencePrivate creditJobless claimsCore personal consumption expenditure price indexSpending homeEurozone consumer priceRetail salesUnemployment rateSwiss francHousing starts

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