Market Pulse
India 
17 Sep BirthMarketPulse is a continuous monthly tracking survey of household purchases in urban and rural India.
India 17 Sep Birth
Soft German retail sales can’t stop EUR/USD
The euro has climbed to its highest level since June 29th, as the US dollar continues to struggle. In the North American session, EUR/USD is trading at 1.0496, up 0.85%. German retail sales slide German consumers are being squeezed by the double-whammy of rising interest rates and double-digit infla
Australian dollar flies after Powell speech
AUD/USD continues to power upwards and hit 10-week highs earlier today. The Australian dollar climbed 1.5% on Wednesday and has edged higher today. In the European session, AUD/USD is trading at 0.6796, up 0.14%. US dollar slides after Powell speech Fed Chair Jerome Powell spoke on Wednesday and gav
NZD rises despite soft bus. confidence
The New Zealand dollar has extended its gains on Wednesday. In the North American session, NZD/USD is trading at 0.6235, up 0.54%. Business Confidence slides New Zealand’s ANZ Business Confidence has been in a deep freeze for months, but things got even uglier in November, with a reading of -57.1. T
EUR/USD edges higher as CPI falls
It continues to be a quiet week for the euro. In the European session, EUR/USD is trading at 1.0363. Eurozone inflation falls to 10.0% The ECB’s number one priority has been bringing down inflation, which has hit double-digits. ECB policy makers are no doubt pleased that November CPI fell sharply to
Yen extends gains
The yen is in positive territory for a second straight day. In the North American session, USD/JPY is trading at 138.60, down 0.23%. Earlier, in the day the yen pushed below the 138 line but was unable to consolidate. The widespread protests in China over the country’s zero-Covid policy has unnerved
Canadian dollar steadies ahead of GDP
The Canadian dollar has steadied on Tuesday, after starting the week with sharp losses. In the European session, USD/CAD is trading at 1.3444, down 0.37%. Canada’s GDP expected to slow Canada will release third-quarter GDP later today, with a consensus of a 1.5% gain. This follows a strong Q2 gain o
Euro eyes German CPI
It has been a busy start to the week for EUR/USD, which gained 100 points earlier in today but has given up almost all of these gains. In the North American session, EUR/USD is trading at 1.0384. German CPI projected to decline Inflation is running at a double-digit clip in the eurozone and Germany,
USD/JPY – China jitters propel yen higher
After strong gains last week, the Japanese yen has extended its gains on Monday. USD/JPY is trading at 138.23 in the European session, down 0.67%. Yen jumps on China unrest China has applied its Covid-zero policy with a heavy hand, but Covid cases continue to rise nonetheless. The mass lockdowns hav
Euro steady as German data improves
US markets are open for limited hours today, and investors are focussed on the World Cup and Black Friday rather than the US dollar. EUR/USD is trading quietly at 1.0392, down 0.18%. German data has not been spectacular this week, but nonetheless is moving in the right direction, as the German econo
NZD/USD higher ahead of retail sales
The New Zealand dollar continues to gain ground this week. In the North American session, NZD/USD is trading at 0.6267, up 0.35%. New Zealand will release retail sales for Q3 later in the day. The markets are expecting a small gain of 0.5%, which would be a turnaround from a disappointing -2.2% in Q
Euro rally fizzles in quiet holiday trade
EUR/USD is unchanged on Thursday, trading at 1.0393. With the US markets closed for the Thanksgiving holiday, we’re unlikely to see much movement from the US dollar. German business confidence edged slightly higher in November. The Ifo Business Climate index rose to 86.3, above the previous reading
NZD/USD down despite rise in retail sales
The New Zealand dollar has edged lower on Friday. In the European session, NZD/USD is trading at 0.6244, down 0.33%. Retail sales post modest gain It wasn’t a spectacular rebound by any means, but New Zealand’s retail sales showed a gain in Q3. Headline and core retail sales both rose a modest 0.4%
Japanese yen extends rally
The Japanese yen has posted strong gains for a third straight day. USD/JPY is trading at 138.43, down 0.82% on the day. US markets are closed for the Thanksgiving holiday, but that hasn’t put a damper on the yen’s impressive rally. Inflation has been on the rise in Japan, although at much lower leve
Sterling soars despite soft PMIs
The British pound has posted sharp gains on Wednesday. In the North American session, GBP/USD is trading at 1.2063, up 1.51%. The pound hasn’t been at these levels since mid-August. UK PMIs continue to decline The UK economy is likely in a recession, and today’s soft PMI data will only raise concern
Pound steadies after sterling performance
The British pound has steadied on Thursday, after soaring 1.4% a day earlier. In the European session, GBP/USD is trading at 1.2074, up 0.17%. The pound has enjoyed a splendid November, gaining 5.3%. The upswing has been impressive but is more a case of a broad pullback in the US dollar rather than
Pull-up Update
