During the Asian session, Japan will release critical economic reports including the September Tokyo Consumer Price Index, the August Unemployment Ra
experienced a correction lower on Thursday, declining by 0.50%. After rallying for five consecutive days and reaching a monthly high, the index pulled back toward the 106.00 area.
The Greenback weakened amid improved risk sentiment and lower US Treasury yields. Second-quarter US GDP growth data aligned with expectations, while Initial Jobless Claims rose less than expected. The US 10-year Treasury yield fell from 4.69% to 4.57%. A US government shutdown is looming as bills to fund the government have yet to become law in both the House and Senate. A government shutdown could have a negative impact on economic growth and delay the publication of key economic reports.rebounded from below 1.0500 toward 1.0600. The overall trend is still down, but the short-term outlook has improved for the Euro. A break above 1.0580 would strengthen the common currency.
AUD/USD gained nearly 80 pips on Thursday, recovering from monthly lows and moving back above the 20-day Simple Moving Average . It consolidated around 0.6420. Australia will release Private Sector Credit data.
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