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USD/INR loses ground on the softer USD, focus on US Jobless Claims

Indian Rupee (INR) recovers its recent losses on Thursday amid the US Dollar (USD) weakness.

United statesFitch ratingsChicago fed national activity indexBusiness researchCentre for economicsIndian rupeeJobless claimsTrade balancePending home salesSpending homeDigest market moversReserve bankGross non performing assetFed manufacturing indexFed manufacturing business indexExponential moving average

USD Index faces some pressure around 102 80 ahead of PCE

The greenback appears under some selling pressure and gyrates around the 102.80 region when measured by the USD Index (DXY) on Thursday.

Federal reserveInitial claimsPersonal incomePersonal spendingSpending homeInitial jobless claimsPending home salesFinal sp global manufacturingConstruction spendingMiddle east

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

Stocks down on large cap earnings; bond shorts cover despite massive surge in US GDP - Newsquawk US Market Wrap

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

City ofUnited kingdomJames gormanInternational business machinesFood energy housingCommunication servicesEnergy housingAir franceDurable goodsJobless claimsSpending homeSeptember durable goodsDollar indexGoverning councilAtlanta fedPantheon macroeconomics

NZD/USD remains flat below the mid-0 5900s amid China property market woes, eyes on US GDP data

The NZD/USD pair remains confined above the 0.5900 psychological support level during the early European session on Thursday. As of writing, the pair

New zealandUnited statesJerome powellHui ka yanChina evergrande groupNational bankUs census bureauGoods ordersJobless claimsSpending homeFederal reserveChair jeromeDurable goods orders excluding transportationReserve bankChina proxy new zealand dollarEvergrande group chairman hui ka yan

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