News
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GBP/USD Price Forecast: Crucial upside barrier emerges near 1.3600, traders await US PPI release
The GBP/USD pair trades on a stronger note around 1.3540 during the early European session on Wednesday. Traders ramp up their bets that the US Federal Reserve (Fed) will lower the borrowing costs at its September 16-17 policy meeting, which weighs on the US Dollar (USD) against the Cable.
Fxstreet
Wed, Sep 10
FOREX-Dollar firm as traders await inflation reports for clues on Fed policy
All eyes on inflation reports before Fed meeting next week Markets wagering on rate cut as labour market stumbles Investor unease at political flux across the globe No immediate market reaction to court ruling on Cook, Poland-Russia newsBy Ankur Banerjee SINGAPORE, Sept 10 (Reuters) - The U.S. do...Reuters
Wed, Sep 10
USD/INR opens lower on US-India trade deal optimism
The Indian Rupee (INR) opens on a positive note against the US Dollar (USD) on Wednesday. The USD/INR pair corrects to near as the Indian Rupee gains on hopes that the United States (US) and India will resolve their trade tensions and reach a trade pact soon.Fxstreet
Wed, Sep 10
USD/CHF holds steady below 0.8000; eyes SNB Chairman Schlegel's speech, US inflation data
The USD/CHF pair struggles to capitalize on the previous day's goodish recovery move from the 0.7915 area, or the lowest level since July 23, and seesaws between tepid gains/minor losses during the Asian session on Wednesday.
Fxstreet
Wed, Sep 10
Silver Price Forecast: XAG/USD drifts higher to near $41.00 on odds of bigger Fed rate cut
The Silver price (XAG/USD) attracts some buyers to around $41.00 during the Asian trading hours on Wednesday. The white metal edges higher amid a weaker US Dollar (USD) and the escalating tension in the Middle East.
Fxstreet
Wed, Sep 10
INDIA RUPEE-Rupee faces tug-of-war at open as Trump mixes tariff threats with trade talks
By Nimesh Vora MUMBAI, Sept 10 (Reuters) - The Indian rupee is set to see choppy price action at the open, caught between U.S. President Donald Trump’s optimistic outlook on trade talks with New Delhi and his push for Europe to slap steep tariffs on India over Russian oil imports. The 1-month...Reuters
Wed, Sep 10
NZD/USD holds firm above 0.5900 despite soft Chinese CPI data
The NZD/USD pair gathers strength near 0.5930 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) edges higher against the Greenback despite softer Chinese inflation data. The US Producer Price Index (PPI) inflation data for August will take center stage later on Wednesday.
Fxstreet
Wed, Sep 10
Australia, NZ dollars flat as markets eye US inflation data
SYDNEY, Sept 10 (Reuters) - The Australian and New Zealand dollars were little changed on Wednesday, as traders braced for U.S. inflation data that could influence the size of the next rate cut and potentially support further gains in the two antipodean currencies. The Aussie AUD=D3 held steady at $...Reuters
Wed, Sep 10
FOREX-Dollar treads water ahead of inflation reports; US rate cut bets intact
All eyes on inflation reports before Fed meeting next week Markets wagering on rate cut as labour market stumbles Investor unease at political flux across the globe By Ankur Banerjee SINGAPORE, Sept 10 (Reuters) - The U.S. dollar was steady on Wednesday, holding onto overnight gains as traders br...Reuters
Wed, Sep 10
GBP/USD reverses gains ahead of US inflation figures
GBP/USD briefly touched a four-week peak on Tuesday, testing chart territory north of 1.3550 before getting dragged back into the low side, snapping a two-day winstreak and putting Cable back on track for a decline to the 1.3500 handle.Fxstreet
Tue, Sep 9
USD/JPY weakens below 147.50 as traders bet on Fed rate cut
The USD/JPY pair loses momentum to around 147.35 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Japanese Yen (JPY) amid speculation of a larger rate cut by the US Federal Reserve (Fed) next week.Fxstreet
Tue, Sep 9
AUD/USD grapples with Greenback resurgence
AUD/USD briefly toyed with a seven-week high north of 0.6600 before settling back and paring intraday gains. Tuesday saw another sharp downside revision in US jobs data, reigniting market-wide glee for Federal Reserve (Fed) interest rate cuts.Fxstreet
Tue, Sep 9
