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EUR/USD remains subdued near 1.1600 following HCOB PMI data
EUR/USD extends its losses for the third successive session, trading around 1.1600 during the European hours on Wednesday. The pair holds losses following the release of February’s HCOB Purchasing Managers’ Index (PMI) data from Germany and the Eurozone.
Fxstreet
Wed, Mar 4
EUR/GBP gains ground above 0.8700 on hotter Eurozone inflation data
The EUR/GBP cross holds positive ground near 0.8710 during the early European session on Wednesday. The Euro (EUR) edges higher against the Pound Sterling (GBP) following hotter-than-expected Eurozone inflation data.
Fxstreet
Wed, Mar 4
Pound Sterling weakens to near 1.3300 as geopolitical risks bolster US Dollar
The GBP/USD pair attracts some sellers to around 1.3310 during the early European session on Wednesday. Escalating conflict in the Middle East triggers a "flight to safety," supporting the US Dollar (USD) against the Pound Sterling (GBP).
Fxstreet
Wed, Mar 4
USD/CHF weakens to near 0.7800 as Middle East tensions lift Swiss Franc
The USD/CHF pair loses traction to around 0.7805 during the early European session on Wednesday. The Swiss Franc (CHF) gathers strength against the Greenback on safe-haven flows stemming from Middle East tensions.
Fxstreet
Wed, Mar 4
AUD/JPY drops to 110.00 as notable JPY strength offsets upbeat Australian Q4 GDP print
The AUD/JPY cross meets with a fresh supply following the previous day's modest rebound from the vicinity of mid-109.00s, or the weekly low, and fails to gain any meaningful traction in reaction to the upbeat Australian GDP print.
Fxstreet
Wed, Mar 4
Japanese Yen strengthens to near 157.50 on Middle East geopolitical risks
The USD/JPY pair loses ground to near 157.55 during the Asian trading hours on Wednesday. The Japanese Yen (JPY) strengthens against the US Dollar (USD) as escalating US-Israel-Iran tensions boost a safe-haven demand.Fxstreet
Wed, Mar 4
Silver Price Forecast: XAG/USD rises to near $85.00 as Middle East war intensifies
Silver price (XAG/USD) recovers over 3% during the Asian hours on Wednesday, hovering around $85.20 per troy ounce after plunging more than 12% over the previous two sessions. The precious metal draws safe-haven demand as geopolitical conflict in the Middle East intensifies.
Fxstreet
Wed, Mar 4
New Zealand Dollar declines below 0.5900 amid mixed Chinese PMI data, Middle East tensions in focus
The NZD/USD pair attracts some sellers to near 0.5875 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) remains weak against the US Dollar (USD) after the mixed Chinese economic data.
Fxstreet
Wed, Mar 4
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