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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
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
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
GBP/USD springboards higher heading into a midweek lull
GBP/USD gained ground on Tuesday, climbing around one-half of one percent after economic releases from both the United Kingdom (UK) and the United States (US) tilted the scales in favor of the Pound Sterling (GBP) over the US Dollar (USD).
Fxstreet
Tue, Aug 12
AUD/USD posts modest losses to below 0.6550 as RBA delivers dovish cut
The AUD/USD pair trades with mild losses near 0.6530 during the early Asian session on Wednesday. The Australian Dollar (AUD) edges lower against the Greenback after the Reserve Bank of Australia (RBA) delivered a dovish rate cut at its August meeting.Fxstreet
Tue, Aug 12
EUR/USD rises towards 1.1700 on soft US CPI, Fed rate-cut bets increase
The EUR/USD rises during the North American session, following the release of mixed inflation figures in the United States (US) and US President Donald Trump’s threats to sue the Fed Chair Jerome Powell. At the time of writing, the pair edges up 0.50% at 1.1673.Fxstreet
Tue, Aug 12
Forex Today: Focus shifts to German inflation and Fedspeak
The US Dollar (USD) resumed its decline on turnaround Tuesday, leaving behind two daily advances in a row as investors assessed the latest CPI readings amid speculation of two interest rate cuts by the Fed in the latter half of the year.
Fxstreet
Tue, Aug 12
AUD/USD rebounds above 0.6500 as RBA rate cut overshadowed by USD weakness
The Australian Dollar (AUD) recovers ground against the US Dollar (USD) on Tuesday, with the Reserve Bank of Australia's (RBA) interest rate cut decision overshadowed by broad Greenback softness following mixed US Consumer Price Index (CPI) figures.Fxstreet
Tue, Aug 12
EUR/GBP muted as UK labor market steadies and EU economic sentiment weakens
The EUR/GBP stays flat during the North American session, as economic data in the UK initially pushed the pair lower, even though the European Union (EU) ZEW survey showed a deterioration in the bloc. The cross-pair trades at around 0.8644, muted.
Fxstreet
Tue, Aug 12
EUR/USD rebounds after mixed US CPI; Fed rate cut bets hold firm
The Euro (EUR) edges higher against the US Dollar (USD) on Tuesday, snapping a two-day losing streak after mixed US inflation data for July showed headline figures that matched expectations and came in slightly below forecasts on the annual measure, while core inflation surprised to the upside on boFxstreet
Tue, Aug 12
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