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USD/CAD Price Forecast: Tests upper descending wedge boundary near 1.3800
USD/CAD gains ground after registering modest losses in the previous session, trading around 1.3780 during the European hours on Wednesday. The daily chart suggests a potential upside breakout, with falling, converging trendlines forming a bullish descending wedge pattern.
Fxstreet
Wed, Dec 17
EBRD secures bulk of shareholder capital increase after US signs off
U.S. is largest single EBRD shareholder Congress authorised $437.5 million for capital increaseTrump ordered review of US participation in international organizationsEBRD expands with investments in Sub-Saharan Africa and IraqBy Libby George LONDON, Dec 17 (Reuters) - The European Bank for Recons...Reuters
Wed, Dec 17
CORRECTED-ANALYSIS-Wild currency swings put emerging markets in the spotlight
Increased interest in EM FX a key takeaway from whipsawed 2025Dollar weakness expected to continue in 2026, bolstering EMsHedge funds, bank FX desks benefited the most By Nell Mackenzie, Dhara Ranasinghe and Alun John LONDON, Dec 15 (Reuters) - Trading in the Hungarian forint, long a niche emergi...Reuters
Wed, Dec 17
Pound Sterling slumps as UK inflation falls by more than expected to 3.2%
The Pound Sterling (GBP) faces intense selling pressure against its major currency peers on Wednesday and slides over 0.5% to near 1.3340 against the US Dollar (USD), following the release of the United Kingdom (UK) Consumer Price Index (CPI) data for November.
Fxstreet
Wed, Dec 17
Pound slides as British inflation eases
LONDON, Dec 17 (Reuters) - The British pound weakened on Wednesday after the annual pace of British consumer price inflation unexpectedly fell to 3.2% last month, from 3.6% in October. The median in a poll of economists surveyed by Reuters had expected a decline to 3.5%. The pound fell 0.6% against ...Reuters
Wed, Dec 17
FOREX-Dollar drifts near 2-1/2-month lows as labour data leaves rate path uncertain
Euro hangs near 12-week high ahead of ECB policy decisionBOE likely to cut rates, BOJ expected to raise ratesDollar wobbles as policy path for 2026 remain murkyBy Ankur Banerjee SINGAPORE, Dec 17 (Reuters) - The U.S. dollar inched away from its lowest level since the start of October on Wednesday...Reuters
Wed, Dec 17
USD/CHF gains ground above 0.7950 amid US Dollar strength
The USD/CHF pair trades in positive territory around 0.7960 during the early European session on Wednesday, bolstered by a rebound in the US Dollar (USD). However, the prospect of the US Federal Reserve (Fed) interest rate cut next year could weigh on the Greenback against the Swiss Franc (CHF).
Fxstreet
Wed, Dec 17
USD/INR corrects as RBI intervenes to support Indian Rupee
The Indian Rupee (INR) gains sharply against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair plunges over 1% to near 90.00 from its all-time high of 91.56 due to the Reserve Bank of India’s (RBI) intervention in the spot and Non-deliverable Forward (NDF) markets.Fxstreet
Wed, Dec 17
Japanese Yen edges lower ahead of BoJ meeting; bullish potential seems intact
The Japanese Yen (JPY) edges lower during the Asian session on Wednesday as bulls turn cautious and opt to wait for the Bank of Japan (BoJ) policy update before placing fresh bets. Hence, the focus will remain glued to the outcome of a two-day BoJ meeting on Friday.
Fxstreet
Wed, Dec 17
Australia, NZ dollars becalmed, few ripples from budget update
By Wayne Cole SYDNEY, Dec 17 (Reuters) - The Australian and New Zealand dollars were left to drift on Wednesday as U.S. economic data passed with little impact, while an update on the Australian government's budget hardly budged the dial on interest rates.The Aussie idled at $0.6630 AUD=D3, h...Reuters
Wed, Dec 17
FOREX-Dollar nears 2-1/2-month low as labour data leaves rate path uncertain
Euro nears 12-week high ahead of ECB policy decisionBOE likely to cut rates, BOJ expected to raise ratesDollar wobbles as policy path for 2026 remain murkyBy Ankur Banerjee SINGAPORE, Dec 17 (Reuters) - The U.S. dollar was steady on Wednesday and near its lowest since the start of October after d...Reuters
Wed, Dec 17
