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AUD/USD slumps to near 0.6420 as antipodeans underperform, FOMC minutes eyed
The AUD/USD pair declines for the third trading day in a row on Wednesday. The Aussie pair slides to near 0.6425 as antipodeans underperform its peers.
AUD/USD
US Dollar Index
Fxstreet
Wed, Aug 20
RBNZ: More dovish than expected – Commerzbank
The kiwi is under significant pressure this morning, losing around 1% against the US dollar following the Reserve Bank of New Zealand's (RBNZ) meeting.
NZD/USD
Fxstreet
Wed, Aug 20
EUR/USD: Unlikely to reach the next support at 1.1595 – UOB Group
Euro (EUR) could break below 1.1630, but it is unlikely to reach the next support at 1.1595. In the longer run, tentative increase in downward momentum could lead to EUR edging lower and testing 1.1595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD
Fxstreet
Wed, Aug 20
EUR/GBP Price Forecast: Testing key support at the 0.8600 area
The Euro is trading lower for the third consecutive day against the Pound Sterling on Wednesday, after the rejection at the 0.8650 area on Tuesday.
EUR/GBP
Fxstreet
Wed, Aug 20
Germany 30-y Bond Auction: 3.28% vs 3.22%
Germany 30-y Bond Auction: 3.28% vs 3.22%
EUR/USD
Fxstreet
Wed, Aug 20
Eurozone Harmonized Index of Consumer Prices (MoM) in line with forecasts (0%) in July
Eurozone Harmonized Index of Consumer Prices (MoM) in line with forecasts (0%) in July
EUR/USD
Fxstreet
Wed, Aug 20
Eurozone Core Harmonized Index of Consumer Prices (MoM) remains unchanged at -0.2% in July
Eurozone Core Harmonized Index of Consumer Prices (MoM) remains unchanged at -0.2% in July
EUR/USD
Fxstreet
Wed, Aug 20
Eurozone Harmonized Index of Consumer Prices (YoY) in line with expectations (2%) in July
Eurozone Harmonized Index of Consumer Prices (YoY) in line with expectations (2%) in July
EUR/USD
Fxstreet
Wed, Aug 20
Eurozone Core Harmonized Index of Consumer Prices (YoY) meets expectations (2.3%) in July
Eurozone Core Harmonized Index of Consumer Prices (YoY) meets expectations (2.3%) in July
EUR/USD
Fxstreet
Wed, Aug 20
USD/CAD is pushing against multi.month highs at 1.3880
The US Dollar extends gains against its Canadian Counterpart on Wednesday, with price action pushing against the 1.3880 level, where the pair was capped on August 1.
USD/CAD
Fxstreet
Wed, Aug 20
GBP/USD: Bullish momentum on daily chart is fading – OCBC
Pound Sterling (GBP) extended its decline amid broad USD bound. Pair was last at 1.3499 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBP/USD
Fxstreet
Wed, Aug 20
EUR: Lagarde speaks in Geneva – ING
EUR/USD is drifting lower in quiet markets. It might be easy to link this to a lack of progress on Ukraine peace talks, but this seems more like a generalised dollar move. Perhaps there is some modest risk reduction going on as investors pare back some EM exposures.
EUR/USD
Fxstreet
Wed, Aug 20
EUR/USD: Holding pattern – OCBC
Euro (EUR) was a touch softer overnight, as US Dollar (USD) saw mild rebound. Pair was last at 1.1643 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR/USD
Fxstreet
Wed, Aug 20
GBP/JPY recovers early losses as UK Inflation rose more than expected in July
The GBP/JPY pair claws back its early losses and flattens around 199.20 during the European trading session on Wednesday.
GBP/JPY
Fxstreet
Wed, Aug 20
NZD/USD adds to dovish RBNZ-inspired losses; slumps to four-month low around 0.5820 area
The NZD/USD pair adds to the dovish Reserve Bank of New Zealand (RBNZ)-inspired losses and dives to its lowest level since mid-April during the first half of the European session on Wednesday.
NZD/USD
Fxstreet
Wed, Aug 20
Pound Sterling gains on hotter than expected UK inflation data
The Pound Sterling (GBP) attracts significant bids against its major peers on Wednesday as the United Kingdom (UK) Consumer Price Index (CPI) data for July has come in hotter than projected.
GBP/USD
Fxstreet
Wed, Aug 20
AUD/JPY faces selling pressure below 95.00 amid cautious mood
The AUD/JPY cross attracts some sellers to near 94.95 during the early European session on Wednesday. The Japanese Yen (JPY) strengthens against the Australian Dollar (AUD) amid the cautious mood in the markets.
AUD/JPY
Fxstreet
Wed, Aug 20
Forex Today: Pound Sterling finds support on hot inflation, eyes on FOMC Minutes
Here is what you need to know on Wednesday, August 20:
Fxstreet
Wed, Aug 20
EUR/GBP attracts some sellers below 0.8650 after hotter UK CPI inflation data
The EUR/GBP cross loses traction to near 0.8620 during the early European session on Wednesday. The Pound Sterling (GBP) edges higher against the Euro (EUR) after the UK Consumer Price Index (CPI) inflation report.
EUR/GBP
Fxstreet
Wed, Aug 20
Germany Producer Price Index (MoM) came in at -0.1%, below expectations (0.1%) in July
Germany Producer Price Index (MoM) came in at -0.1%, below expectations (0.1%) in July
EUR/USD
Fxstreet
Wed, Aug 20
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