UK Public Borrowing Lower than Expected

UK Public Borrowing Lower than Expected

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Indian Rupee ticks down despite strong flash India’s PMI data

Indian Rupee ticks down despite strong flash India’s PMI data

The Indian Rupee falls marginally to near 87.20 against the US Dollar. India’s flash HSBC PMI expanded at a faster pace in August. FIIs continue to pare stakes from Indian stock markets. The Indian Rupee (INR) ticks down to near 87.20 against the US Dollar (USD) during the European session on Thursday. The USD/INR pair

Dollar Drifts Lower Amid Anti-Fed Headlines. Forecast as of 21.08.2025

Dollar Drifts Lower Amid Anti-Fed Headlines. Forecast as of 21.08.2025

2025.08.21 2025.08.21 Dollar Drifts Lower Amid Anti-Fed Headlines. Forecast as of 21.08.2025 Dmitri Demidenkohttps://www.litefinance.org/blog/authors/dmitri-demidenko/ Donald Trump has put pressure on the Fed at just the right time. Jerome Powell is expected to deliver moderately hawkish rhetoric at the Jackson Hole conference. This has given EURUSD bears more room for maneuver. The US administration has limited

FX option expiries for 21 August 10am New York cut

FX option expiries for 21 August 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1670 and 1.1700 levels. The former holds close to the key hourly moving averages of 1.1664-68 currently, so the expiries could help limit any upside pushes on the session. And the latter

EUR/USD holds loses around 1.1650 ahead of Eurozone PMI data

EUR/USD holds loses around 1.1650 ahead of Eurozone PMI data

EUR/USD remains subdued as traders adopt caution ahead of HCOB Purchasing Managers’ Index data. Eurozone HCOB PMIs forecast stand at 49.5 for Manufacturing and 50.6 for Services. The FOMC Meeting Minutes indicated that most members viewed keeping interest rates unchanged as the appropriate decision. EUR/USD edges lower after registering slight gains in the previous session,

India–EAEU to Begin FTA Talks

India–EAEU to Begin FTA Talks

India has formally signed the terms of reference with the Eurasian Economic Union (EAEU) in Moscow, initiating negotiations for a Free Trade Agreement (FTA), as reported by The Times of India. This development occurs amidst ongoing trade tensions between the United States and India. The EAEU consists of member nations including Armenia, Belarus, Kazakhstan, the

Nomura remains short USD into Jackson Hole

Nomura remains short USD into Jackson Hole

The softer NFP and CPI data have reinforced their conviction that the Fed is back on the path to cutting, with a 25bp move in September still their base case. The stronger July PPI was only a temporary hiccup and isn’t seen as a game-changer. Positioning doesn’t look crowded, which means there’s still room for

Japan Manufacturing PMI Improves Top 49.9

Japan Manufacturing PMI Improves Top 49.9

The manufacturing sector in Japan continued to contract in August, although at a slower rate, the latest survey from Jibun Bank revealed on Thursday with a manufacturing PMI score of 49.9. That’s up from 48.9 in July, although it remains just barely beneath the boom-or-bust line of 50 that separates expansion from contraction. The survey

Japan Manufacturing PMI Improves Top 49.9

New Zealand Has NZ$578 Million Trade Deficit

New Zealand posted a merchandise trade deficit of NZ$578 million in July, Statistics New Zealand said on Thursday. That was well shy of expectations for a surplus of NZ$70 million following the upwardly revised NZ$203 million surplus in June (originally NZ$142 million). Exports came in at NZ$6.71 billion, up from the downwardly revised NZ$6.53 billion

South Korea’s Producer Infaliton Stable in Ju…

South Korea’s Producer Infaliton Stable in Ju…

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Fed Minutes Reveal Details Behind Split Interest Rate Decision

Fed Minutes Reveal Details Behind Split Interest Rate Decision

The minutes of the Federal Reserve’s latest monetary policy meeting revealed most officials still see the upside risk to inflation as the bigger threat to the economic outlook, although a couple were more worried about the downside risk to employment. While the Fed announced its widely expected decision to leave interest rates following the July

US Crude Oil Inventories Fall More than Expec…

US Crude Oil Inventories Fall More than Expec…

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USD/CAD Forecast: BoC Rate Cut Bets Climb After Weak CPI

USD/CAD Forecast: BoC Rate Cut Bets Climb After Weak CPI

The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise. Inflation in Canada eased to 1.7% in July from the previous reading of 1.9%.  Oil has dropped amid progress in peace talks with Russia and Ukraine. The USD/CAD forecast shows a weak Canadian dollar as BoC rate cut bets rise after

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