Search
News
British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling holds firm within familiar levels after the US inflation report was aligned with estimates, a relief for the Federal Reserve, which is laser-focussed on tackling higher prices. The GBP/USD trades at around 1.3500 after reaching a high of 1.3546.
Fxstreet
Wed, Aug 12
Russia Consumer Price Index (MoM) down to 0.5% in July from previous 0.87%
Fxstreet
Wed, Aug 12
New Zealand Dollar struggles as political uncertainty overshadows US inflation
NZD/USD retreats to around 0.5865 on Wednesday at the time of writing, down 0.25% on the day. The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), while inflation data from the United States (US) triggers only a limited reaction across the foreign exchange market.
Fxstreet
Wed, Aug 12
Japanese Yen pares gains against US Dollar as markets digest US CPI
The Japanese Yen trims its gains against the US Dollar (USD) on Wednesday as in-line US CPI data fails to trigger a significant move. At the time of writing, USD/JPY trades around 159.20 after touching an intraday low of 158.58.
Fxstreet
Wed, Aug 12
Australian Dollar: Gradual gains against US Dollar remain likely – MUFG
MUFG’s Michael Wan reports the Reserve Bank of Australia kept its policy rate at 4.35% in a unanimous decision. AUD/USD initially dipped on the statement but later rebounded as Governor Bullock reiterated hawkish inflation concerns.Fxstreet
Wed, Aug 12
Japanese Yen: Intervention doubts as flows favor US Dollar – BNY
BNY’s Wee Khoon Chong highlights that institutional investors bought Dollar and sold Japanese Yen after the June BoJ hike, and again following late-July joint intervention to weaken USD/JPY. Despite official action, real money treated the move as a USD/JPY buying opportunity.Fxstreet
Wed, Aug 12
GBP/JPY Price Forecast: Recovery stalls below the 50-day SMA
GBP/JPY holds firm on Wednesday, trading within Monday’s range as the Japanese Yen (JPY) stays on the back foot, having given up nearly half of the gains triggered by the joint US-Japan intervention. At the time of writing, the cross trades around 215.12, virtually unchanged on the day.
Fxstreet
Wed, Aug 12
Germany Current Account n.s.a.: €19B (June) vs €10.4B
Fxstreet
Wed, Aug 12
Featured Tools
Top News
US Stocks Close: Nasdaq Drops 2.6%, SOX Falls Over 6%; Jensen Huang's Remarks on Capital Shortage Spark Financing Concerns, Meta Drops 7% After Earnings
Bloom Energy Q3 Revenue Up 138% YoY, EPS Swings to Profit, But Shares Tumble 7% After Hours
Today’s Market Recap: Nasdaq Drops 2.60%, Meta Slumps 7%, Oil Surges Past $113, Gold Plunges Toward $4,000
Meta Q3 Net Profit Surges 264% YoY, Raises Full-Year Capex Slightly; Shares Briefly Rise Over 4% After Hours
Memory Stocks Fall Over 4% as Micron Drops Below $900, Risking Another 16% Fall to Retest Lows
