Forex Today: Focus shifts to German inflation data, US GDP revision

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Forex Today: Focus shifts to German inflation data, US GDP revision
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Here is what you need to know on Thursday, September 28: The US Dollar (USD) continued to outperform its rivals mid-week and the USD Index touched a f

The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent EUR /JPY .dropped to below 1.0500 for the first time since early January and was last seen consolidating its weekly losses near that level.

to rise 4.6% in September, down sharply from 6.4% in August. Ahead of this data, Eurostat will release consumer and business sentiment data for September. extended its slide and came within a touching distance of 1.2100 on Wednesday. In the European morning, the pair fluctuates in a tight channel below 1.2150.continued to climb higher on Wednesday but lost its traction before testing 150.00 as investors moved to the sidelines amid growing risk of a Bank of Japan intervention.

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