ट्रेडिंग न्यूज़

Here is what you need to know on Thursday, July 17:

The US Dollar is retracing previous losses against the Canadian Dollar on Thursday, with markets averse to risk amid rising speculation that Fed Chairman Jerome Powell will be forced to resign under pressure from US President Trump.Trump said that the possibility of firing the Fed chairman is “highl

The Pound Sterling (GBP) declines against the US Dollar (USD) on Thursday, trading below 1.3400, as the United Kingdom (UK) Office for National Statistics has reported mixed employment data.

The EUR/USD pair is trading lower on Thursday, with investors averse to risk after a turbulent US session on Wednesday as tensions between US President Donald Trump and Fed Chair Jerome Powell escalated.

USD/CHF appreciates around 0.50% despite an improved Swiss Trade Balance released on Thursday, trading around 0.8040 during the European hours. Switzerland’s trade surplus widened to CHF 4.3 billion in June, nearly doubling from a CHF 2.2 billion surplus in May.

GBP/JPY retraces its recent losses registered in the previous session, trading around 199.00 during the early European hours on Thursday. The currency cross remains stronger despite mixed employment figures from the United Kingdom (UK).

The NZD/USD pair trades 0.6% lower to near the round-level of 0.5900 during European trading hours on Thursday.

Austria HICP (YoY) in line with forecasts (3.2%) in June

Switzerland Exports (MoM) up to 24140M in June from previous 23300M

Switzerland Imports (MoM): 18350M (June) vs previous 19469M

Austria HICP (MoM) meets forecasts (0.3%) in June

United Kingdom Claimant Count Rate: 4.5% (June)

The EUR/GBP cross trades in negative territory around 0.8665 during the early European session on Thursday. The Pound Sterling (GBP) remains weak against the Euro (EUR) after the UK employment data.

United Kingdom Employment Change (3M) increased to 134K in May from previous 89K

West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $65.49 per barrel, up from Wednesday’s close at $65.44.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $68.03 price posted on Wednesday, and trading at $68.10.

The United Kingdom’s (UK) ILO Unemployment rose to 4.7% in the three months to May after reporting 4.6% in the quarter to April, data published by the Office for National Statistics (ONS) showed on Thursday.The data came in above the market consensus of 4.6%.

Switzerland Trade Balance climbed from previous 3831M to 5790M in June

United Kingdom Average Earnings Including Bonus (3Mo/Yr) meets forecasts (5%) in May

United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) came in at 5%, above forecasts (4.9%) in May

United Kingdom ILO Unemployment Rate (3M) registered at 4.7% above expectations (4.6%) in May