Market Pulse
India 
17 Sep BirthMarketPulse is a continuous monthly tracking survey of household purchases in urban and rural India.
India 17 Sep Birth
USD/JPY volatile after inflation, BoJ meeting
The Japanese yen is swinging sharply on Friday. In the European session, USD/JPY is trading at 156.46, up 0.52%. It has been a busy Friday in Japan. Japanese inflation data, which was released just before the end of the Bank of Japan meeting, was much lower than expected. Tokyo Core CPI, which was o
Swiss franc shrugs after SNB’s Jordan comments
The Swiss franc is steady on Friday. In the European session, USD/CHF is almost unchanged at 0.9118. It has been quite a ride for the Swiss franc, which hit eight-year highs against the US dollar in the last week of 2023. The US dollar has roared back in 2024, surging 8.2% against the Swiss currency
USD/JPY: Persistent JPY bearish trend intact despite growing intervention risk
Tokyo’s core-core inflation for April came in at 1.8% y/y, its slowest pace of increase since September 2022 & below BoJ’s inflation target of 2%. The latest set of softer-than-expected Tokyo’s CPI may push back the timing of the next BoJ’s interest rate hike. Widening of US Treasuries-JGBs yiel
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BoJ Keeps Monetary Policy Unchanged
The Bank of Japan left its key interest rate unchanged and raised its inflation outlook on Friday. The policy board unanimously decided to hold the uncollateralized overnight call rate to remain at around 0 to 0.1 percent. The board also voted to conduct its bond purchase programme in line with the
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Euro rises after German consumer confidence improves
The euro has edged higher on Thursday. In the European session, EUR/USD is trading at 1.0726, up 0.25%. German consumer confidence hits two-year high Germany’s GfK Consumer Climate index improved in April and again in the May forecast, as the German consumer is showing signs of optimism. The index i
AUD/USD extends gains as inflation higher than expected
The Australian dollar has edged higher on Wednesday. In the European session, AUD/USD is trading at 0.6504, up 0.27%. The Australian dollar rose as high as 0.6529 (0.64%) after the Australian inflation release but has pared about half of those gains. Australia’s inflation dips less than forecast Aus
Canadian dollar dips as retail sales fall
The Canadian dollar is in negative territory on Wednesday after a five-day winning streak in which it gained 1.1%. In the North American session, USD/CAD is trading at 1.3703, up 0.29%. Canada’s retail sales down in February Canadian consumers are holding tight on the purse strings as spending has b
Pound edges higher after soft US GDP
The British is in positive territory on Thursday. In the North American session, GBP/USD is trading at 1.2492, up 0.23%. US GDP slows to 1.6% Is the US economy finally slowing down? Recent key indicators, from nonfarm payrolls to consumer inflation have been stronger than expected, but the markets c
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XAU/USD 25 April 2024 Intraday Analysis
#XAU/USD# H4 Analysis: -> Swing: Bullish. -> Internal: Bearish. Price has now printed a bearish iBOS which confirms the initiation of pullback needed by all HTF's. Following the bearish iBOS we now expect price to pullback. As per yesterday's intraday expectation, we were seeing
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NZD/USD sticks gains near mid-0.5900s, over one-week high amid positive risk tone
NZD/USD gains positive traction for the third straight day amid a softer USD. Tuesday’s disappointing US PMIs and a positive risk tone undermine the buck. Reduced Fed rate cut bets should help limit the USD losses and cap the major. The NZD/USD pair attracts follow-through buying for the third succe
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Strong profit-taking in Gold or the beginning of a reversal?
Gold is under pressure this week, having pulled back to the $2300 per troy ounce level. The decline since Friday's close is over 3.7%. The formal trigger is a more moderate escalation in the Palestinian-Israeli conflict than expected at the beginning of the month. However, we view the current pullba
Pull-up Update
