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Indian Rupee fails to extend winning streak as oil prices bounce back
The Indian Rupee (INR) opens marginally lower against the US Dollar (USD) on Wednesday after a three-day winning streak. The USD/INR pair rebounds to near 95.85 as oil prices have rebounded strongly due to revived geopolitical risks.
Fxstreet
Wed, Jul 29
EUR/JPY Price Forecast: Eyes rising wedge top at 187.00
EUR/JPY moves little after registering modest gains in the previous day, trading around 186.60 during the Asian hours on Wednesday. The currency cross is maintaining a bullish near-term tone as it holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
Fxstreet
Wed, Jul 29
Australian Dollar slips as softer inflation cools domestic rate expectations
AUD/USD depreciates for the second successive day, trading around 0.6970 during the Asian hours on Wednesday. The pair falls as the Australian Dollar (AUD) continues to struggle following the release of domestic Consumer Price Index (CPI) data.
Fxstreet
Wed, Jul 29
Australia CPI could boost Aussie if inflation arrives above 4%
The Australian Bureau of Statistics (ABS) will publish the June Consumer Price Index (CPI) on Wednesday at 01:30 GMT. The report is expected to show that inflation rose 4% from a year earlier, matching the May reading. The monthly CPI is foreseen at 0.2% following the -0.7% print from May.Fxstreet
Tue, Jul 28
Mexican Peso advances within range against the US Dollar
USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as investors await the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Fxstreet
Tue, Jul 28
Japanese Yen holds as markets await Tokyo inflation data
USD/JPY trades slightly higher near the 163.80 area on Tuesday, remaining close to multi-decade highs as the Japanese Yen (JPY) struggles to attract demand. Softer United States (US) consumer confidence data limited the US Dollar’s advance, although the pair maintained its upward bias.Fxstreet
Tue, Jul 28
Swiss Franc steadies against US Dollar as Fed decision looms
The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Fxstreet
Tue, Jul 28
Euro skyrockets amid softer US confidence
EUR/USD trades higher near the 1.1400 area on Tuesday, gaining around 0.3% as the US Dollar (USD) weakens following softer United States (US) consumer-confidence data. The US Dollar Index falls toward 101.30, helping the Euro extend its recovery.Fxstreet
Tue, Jul 28
Australian Dollar holds onto losses after Bullock keeps further rate hikes on the table
AUD/USD trades lower near the 0.6970 area on Tuesday, falling around 0.3% as the Australian Dollar (AUD) comes under pressure despite hawkish remarks from Reserve Bank of Australia (RBA) Governor Michele Bullock.Fxstreet
Tue, Jul 28
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