Japan Jibun Bank Manufacturing PMI came in at 48.5, above forecasts (48.4) in September
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.
If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.
The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.
Editors’ Picks
AUD/USD consolidates above 0.6600; USD uptick caps the upside
The AUD/USD steadied following the previous day’s good two-way price swings and traded above the 0.6600 mark during the Asian session on Thursday. The US Dollar is looking to build on the overnight bounce from a one-week low – despite a weak ADP report, the US government shutdown, and bets on more Fed rate cuts – and cap the currency pair.
EUR/USD: Upside signals some exhaustion
EUR/USD is holding on to daily gains around the 1.1750 mark on Wednesday, though its earlier rally stalled just shy of 1.1780. The pullback came even as selling pressure on the Greenback persisted, with the US Dollar’s retreat deepening amid renewed uncertainty following the government shutdown.
Gold steadily marching towards $4,000
Gold maintains its bid bias well in place on Wednesday, trading near the key $3,900 mark per troy ounce amid the US Dollar’s recovery, steady uncertainty stemming from the US federal government shutdown, and the generalised retracement in US yields across the board.
Don’t worry at all about higher Eurozone inflation
The pickup in inflation to 2.2% in September was mainly due to energy effects, which will fade in the months ahead. A small undershooting of the inflation target actually seems realistic around the turn of the year. Expect the ECB to hold rates steady for now.
Best Brokers for EUR/USD Trading
SPONSORED Discover the top brokers for trading EUR/USD in 2025. Our list features brokers with competitive spreads, fast execution, and powerful platforms. Whether you’re a beginner or an expert, find the right partner to navigate the dynamic Forex market.
