Canadian Dollar holds ground as oil prices surge USD/CAD moves little after four days of losses, trading around 1.4060 during Asian hours on Wednesday. The currency pair maintains its stance as the US Dollar (USD) stays firm amid rising oil prices that have heightened infl
New Zealand Dollar softens below 0.5700 on RBNZ rate hike odds, CPI inflation data in focus The NZD/USD pair drifts lower to near 0.5680, snapping the four-day winning streak during the Asian trading hours on Wednesday. Markets turn cautious ahead of New Zealand’s Consumer
Japanese Yen faces challenges as Japan’s Trade Deficit widens, BoJ signals caution USD/JPY gains ground after registering modest losses in the previous day, trading around 158.30 during Asian hours on Wednesday. The Japanese Yen (JPY) faces mounting challenges after the la
British Pound edges lower below 1.3400 ahead of UK CPI inflation release The GBP/USD pair declines to around 1.3375 during the early Asian trading hours on Wednesday. However, a stronger-than-expected UK labor report might cap the downside for the major pair Traders
Australian Dollar trades near monthly high, above 0.7000 as hawkish RBA offsets USD uptick The AUD/USD pair trades with a positive bias for the fourth straight day, holding steady above the 0.7000 psychological mark during the Asian session on Wednesday and flirting with the...</
Euro weakens below 1.1250 as French protests and fiscal risks weigh The EUR/USD pair loses ground to near 1.1225 during the early Asian trading hours on Wednesday. The Euro (EUR) softens against the US Dollar (USD) as French protests and fiscal strains keep traders
Katayama’s comments may ease some of the political risk flagged in today’s Reuters poll, where most economists warned that dissent from government-nominated BOJ board members could weigh on the yen. Her description of an economy close to wage-driven inflation is language t
Japan’s inflation figures are next for a Yen stuck near 158.00 Cheaper Crude Oil and a weaker Dollar elsewhere did little for the Yen on Tuesday, and USD/JPY ended about where it has ended most of October. It fell from about 158.50 to the session low and recovered about ha
New Zealand Dollar has one CPI release left before the RBNZ A fourth straight daily gain took NZD/USD to its highest since September 23 on Tuesday. It rose from just above 0.5650 to just under 0.5700 and ended near that level, about 135 pips above the October 14 low that w
Aussie Dollar breaks 0.70 as RBA inflation warning fuels two-week high The Australian Dollar registers solid gains versus the Greenback, climbing above 0.7000 and hitting a two-week high of 0.7017 as broad US Dollar weakness pushes AUD/USD above 0.7000 amid a light economic...</p
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