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AUD/USD oscillates below 0.6300 ahead of US Inflation data
The AUD/USD pair trades in a tight range below the key level of 0.6300 in Wednesday’s European session. The Aussie pair consolidates as investors await the United States (US) Consumer Price Index (CPI) data for February, which will be published at 12:30 GMT.
AUD/USD
Fxstreet
Wed, Mar 12
Czech c.bank vice-governor sees room for two more rate cuts this year
March 12 (Reuters) - Czech Central Bank Vice-Governor Eva Zamrazilova believes the bank has room for two more interest rate cuts of 25 basis points each this year, she told news outlet e15 in an interview published on Wednesday.The Czech National Bank resumed its interest rate-cutting cycle on in Fe...
Reuters
Wed, Mar 12
USD/CAD to tick down to 1.41 in the near term – Danske Bank
Today, focus in CAD FX space turns to the BoC meeting at 14:45 CET - where markets and consensus favour a 25bp rate cut, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
USD/CAD
Fxstreet
Wed, Mar 12
EUR/USD: Market focus shifts to US CPI – Danske Bank
EUR/USD has edged slightly higher over the last 24 hours, with the EUR and European currencies broadly outperforming in the G10 space amid rising optimism that Germany's debt package will be approved, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
EUR/USD
Fxstreet
Wed, Mar 12
USD/JPY: Further tactical downside may be limited for now – Danske Bank
The tactical short USD/JPY spot trade from FX Top Trades 2025, initiated on 13 January, has reached its soft target of 147.00, Danske Bank's FX analysts Kristoffer Kjær Lomholt and Filip Andersson report.
USD/JPY
Fxstreet
Wed, Mar 12
Germany 10-y Bond Auction: 2.92% vs 2.52%
Germany 10-y Bond Auction: 2.92% vs 2.52%
EUR/USD
Fxstreet
Wed, Mar 12
Germany 10-y Bond Auction climbed from previous 2.52% to 2392%
Germany 10-y Bond Auction climbed from previous 2.52% to 2392%
EUR/USD
Fxstreet
Wed, Mar 12
USD/CAD can move towards 1.4240 and 1.4150 – Société Générale
USD/CAD broke out from its multiyear range and experienced an extended uptrend, Société Générale's FX analysts note.
USD/CAD
Fxstreet
Wed, Mar 12
Germany 10-y Bond Auction up to 2.92% from previous 2.52%
Germany 10-y Bond Auction up to 2.92% from previous 2.52%
EUR/USD
Fxstreet
Wed, Mar 12
USD/JPY: Expected to trade in a range between 146.50 and 149.50 – UOB Group
US Dollar (USD) could continue to rebound vs Japanese Yen (JPY), but it does not seem to have enough momentum to break above 148.80.
USD/JPY
Fxstreet
Wed, Mar 12
FOREX-Dollar struggles to lift off as global trade war ramps up
Euro hovers near five-month high on Ukraine peace hopesLoonie steady before BoC after swinging on tariff flip-flopBitcoin holds ground at $81,661 after bounceBy Yadarisa Shabong and Kevin Buckland March 12 (Reuters) - The dollar struggled to lift off a five-month low against major peers on Wednes...
Reuters
Wed, Mar 12
EUR/USD stays firm on US recession risks, US inflation in focus
EUR/USD ticks lower but stays near a five-month high, trading at 1.0920 in European trading hours on Wednesday. The major currency pair remains firm as the US Dollar (USD) is broadly on the backfoot due to increased concerns over the United States (US) economic outlook under the leadership of...
EUR/USD
Fxstreet
Wed, Mar 12
INDIA RUPEE-Rupee sidesteps weak Asian FX to close nearly flat; local, US CPI data awaited
By Jaspreet Kalra MUMBAI, March 12 (Reuters) - The Indian rupee closed nearly unchanged on Wednesday, wedged between the weakness in Asian currencies and broad-based interbank dollar sales that offered support to the local unit amid a weak global risk environment.The rupee INR=IN ended at 87.2075...
Reuters
Wed, Mar 12
NZD/USD: Expected to trade in a 0.5675/0.5730 – UOB Group
Momentum indicators are turning neutral; New Zealand Dollar (NZD) is expected to trade in a 0.5675/0.5730 range vs US Dollar (USD).
NZD/USD
Fxstreet
Wed, Mar 12
AUD/USD: Expected to trade in a 0.6255/0.6320 – UOB Group
Australian Dollar (AUD) is expected to trade in a 0.6255/0.6320 range vs US Dollar (USD).
AUD/USD
Fxstreet
Wed, Mar 12
CAD: Another insurance cut – ING
We expect a 25bp rate cut of the Bank of Canada overnight rate to 2.75% today.
USD/CAD
Fxstreet
Wed, Mar 12
GBP/USD may have just enough momentum to test 1.2975 – UOB Group
While overbought, Pound Sterling (GBP) may have just enough momentum to test 1.2975 vs US Dollar (USD) before the risk of a pullback increases.
GBP/USD
Fxstreet
Wed, Mar 12
NZD/USD bulls remain on the defensive near 0.5700; focus remains on US CPI report
The NZD/USD pair struggles to capitalize on the overnight bounce from a multi-day low, around the 0.5680-0.5675 region and attracts fresh sellers on Wednesday amid a modest US Dollar (USD) uptick. Spot prices remain depressed through the first half of the European session and currently trade near th
NZD/USD
Fxstreet
Wed, Mar 12
USD/CAD Price Forecast: Remains below 1.4450 near immediate support at nine-day EMA
USD/CAD retraces its recent losses, trading around 1.4440 during the European hours on Wednesday.
USD/CAD
Fxstreet
Wed, Mar 12
EUR/USD: More likely to consolidate in a 1.0870/1.0950 range – UOB Group
Further sustained rise in Euro (EUR) vs US Dollar (USD) seems unlikely; it is more likely to consolidate in a 1.0870/1.0950 range.
EUR/USD
Fxstreet
Wed, Mar 12
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