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EUR/USD rebounds from 1.1600 despite market caution ahead of US PPI data
EUR/USD halts its five-day losing streak, trading around 1.1610 during the Asian hours on Wednesday. The pair appreciates despite the stable US Dollar (USD), driven by traders’ caution ahead of the upcoming US Producer Price Index (PPI) later on Wednesday.
Fxstreet
Wed, Jul 16
Silver Price Forecast: XAG/USD appreciates toward $38.00 due to tariff uncertainty
Silver price (XAG/USD) gains ground after registering losses in the previous two sessions, trading around $37.80 per troy ounce during the Asian hours on Wednesday. The safe-haven demand for Silver grows amid uncertainty from tariffs.
Fxstreet
Wed, Jul 16
Japanese Yen remains vulnerable near multi-month low against USD
The Japanese Yen (JPY) hit a fresh low since April against its American counterpart during the Asian session on Wednesday, with the USD/JPY bulls now awaiting a sustained strength beyond the 149.00 mark before placing fresh bets.
Fxstreet
Wed, Jul 16
UK CPI expected to remain steady in June, still above BoE target
The United Kingdom (UK) June Consumer Price Index (CPI) is scheduled for release on Wednesday at 06:00 GMT. The report, released by the Office for National Statistics (ONS), is closely watched amid the potential impact of inflation data on the Bank of England (BoE) monetary policy decisions.Fxstreet
Wed, Jul 16
NZD/USD gathers strength to above 0.5950 ahead of US PPI release
The NZD/USD pair attracts some buyers to near 0.5965, snapping the three-day losing streak during the early Asian session on Wednesday. The better-than-expected China Gross domestic product (GDP) report provides some support to the China-proxy Kiwi.
Fxstreet
Wed, Jul 16
USD/CAD posts modest losses below 1.3750 amid muted chance of BoC rate cut
The USD/CAD pair trades with mild losses near 1.3720 during the early Asian session on Wednesday. Hotter Canadian inflation data reduced expectations for Bank of Canada (BoC) interest rate cuts, supporting the Canadian Dollar (CAD).
Fxstreet
Tue, Jul 15
EUR/USD sinks towards 1.1600 as US inflation rises and crushes Fed cut hopes
The EUR/USD fell some 0.55% on Tuesday after the latest US inflation report revealed that prices are edging higher, justifying the Federal Reserve's current policy stance. Hence, traders trimmed bets that the Fed would cut rates at the July meeting.Fxstreet
Tue, Jul 15
GBP/JPY strengthens ahead of UK CPI as diverging monetary policies and Yen weakness supports gains
The British Pound (GBP) continues to appreciate against the Japanese Yen (JPY) on Tuesday, as diverging central bank policies and rising geopolitical tensions support bullish momentum.
Fxstreet
Tue, Jul 15
Canadian Dollar slumps after CPI inflation double-header prints higher in June
The Canadian Dollar (CAD) took a one-two punch on Tuesday after Consumer Price Index (CPI) inflation figures rose through the end of the second quarter on both sides of the 49th parallel. The Loonie fell back into recent lows post-CPI print, boosting the USD/CAD pair back above the 1.3700 handle.Fxstreet
Tue, Jul 15
AUD/USD extends decline amid stronger US CPI data, Trump renews rate cut call
The Australian Dollar (AUD) weakened further against the US Dollar (USD) on Tuesday, following stronger-than-expected US inflation data that dampened hopes for a near-term interest rate cut. The Greenback surged across the board, pushing AUD/USD to 0.6510 during the American trading session.
Fxstreet
Tue, Jul 15
USD/JPY surges closer to 149.00 as US inflation climbs, Fed rate cut bets trimmed
The USD/JPY rallies sharply over 0.86% during the North American session, trading at 148.95, approaching the 149.00 figure for the first time since April 2025. A slightly hot CPI report in the United States (US) sent US Treasury yields soaring, while traders priced out a short-term rate cut.Fxstreet
Tue, Jul 15
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