News
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EUR/GBP holds positive ground near 0.8650, investors await UK GDP data
The EUR/GBP cross trades on a stronger note near 0.8650 during the early European session on Wednesday. The Euro (EUR) edges higher against the Pound Sterling (GBP) on potential talks between US President Donald Trump and Russian President Vladimir Putin in Alaska on Friday to end sanctions.
Fxstreet
Wed, Aug 13
FOREX-Dollar eases as investors eye September Fed cut
Dollar falls as markets ramp up Fed cut betsUS inflation data in line with expectationsTrump weighing lawsuit against Powell over renovationsBy Rae Wee SINGAPORE, Aug 13 (Reuters) - The dollar weakened on Wednesday after a tame reading on U.S. inflation bolstered expectations of a Federal Reserve...Reuters
Wed, Aug 13
EUR/JPY climbs to over two-week top, around 173.00 amid notable JPY supply
The EUR/JPY cross prolongs its uptrend for the fourth consecutive day – also marking the sixth day of a positive move in the previous seven – and advances to over a two-week high during the Asian session on Wednesday.
Fxstreet
Wed, Aug 13
EUR/USD drifts higher above 1.1650 as US CPI data support Fed rate cut bets
The EUR/USD pair gains momentum to around 1.1685 during the Asian trading hours on Wednesday. The US Dollar (USD) weakens against the Euro (EUR) amid rising bets of a Federal Reserve (Fed) rate cut in September.Fxstreet
Wed, Aug 13
Yuan steady as dollar slips on US rate cut bets; China data eyed
SHANGHAI, Aug 13 (Reuters) - China's yuan held steady against the dollar on Wednesday, as the greenback weakened overnight on growing expectations of U.S. interest rate cuts, while investors awaited key Chinese economic indicators due later this week.The dollar weakened after a tame reading on U...Reuters
Wed, Aug 13
INDIA RUPEE-Tariff bite missing in US inflation, rupee to rise on Fed cut hopes
By Nimesh Vora MUMBAI, Aug 13 (Reuters) - The Indian rupee is poised to open higher on Wednesday after the July U.S. inflation data indicated limited impact of tariffs, providing room for the Federal Reserve to cut rates next month.The 1-month non-deliverable forward indicated the rupee INR=IN w...Reuters
Wed, Aug 13
Australia, NZ dollars find support in US rate cut wagers
Australia wage data no bar to further RBA easing RBNZ likely to cut rates next week, easing cycle near endAussie prepares for jobs data challengeBy Wayne Cole SYDNEY, Aug 13 (Reuters) - The Australian and New Zealand dollars consolidated quietly on Wednesday as mounting expectations of a U.S. rat...Reuters
Wed, Aug 13
Australian Dollar dips as RBA rate cut signals easing inflation trends, cooling employment
The Australian Dollar (AUD) declines on Wednesday after registering gains in the previous session. The AUD/USD pair remains subdued following the release of Wage Price Index data for the second quarter.
Fxstreet
Wed, Aug 13
BNY appointed investment manager for OpenEden's tokenised US Treasury fund
SINGAPORE, Aug 13 (Reuters) - Singapore-based fintech firm OpenEden said on Wednesday it has appointed U.S. financial firm BNY BK.N as the investment manager and primary custodian for assets backing its tokenised U.S. Treasury fund.The fund, launched in 2023, provides investors with direct exposure ...Reuters
Wed, Aug 13
NZD/USD softens to near 0.5950 as China’s deflation concerns persist
The NZD/USD pair loses traction near 0.5950 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) despite rising bets for a Federal Reserve (Fed) September rate cut. Traders will take more cues from Fedspeak later on Wednesday.
Fxstreet
Wed, Aug 13
