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AUD/JPY moves below 96.50 due to market caution, robust Japan’s PPI

AUD/JPY continues to lose ground for the second successive day, trading around 96.30 during early European hours on Wednesday.

Fxstreet

Wed, Dec 11

Pound Sterling trades lackluster against US Dollar as US inflation data looms

The Pound Sterling (GBP) trades in a tight range near 1.2750 against the US Dollar (USD) in Wednesday’s European session.

Fxstreet

Wed, Dec 11

EUR/GBP remains weak below 0.8250 ahead of ECB rate decision

The EUR/GBP cross remains on the defensive near 0.8245 during the early European trading hours on Wednesday.

Fxstreet

Wed, Dec 11

USD/CHF holds positive ground above 0.8800 as US CPI data looms

The USD/CHF pair trades in positive territory for the fourth consecutive day around 0.8835 during the early European session on Wednesday.

Fxstreet

Wed, Dec 11

EUR/USD stays below 1.0550 as traders exercise caution ahead of the US CPI

EUR/USD remains subdued for the fourth consecutive day, trading around 1.0530 during the Asian session on Wednesday.

Fxstreet

Wed, Dec 11

USD/CAD Price Forecast: Bulls turn cautious ahead of US CPI report and BoC decision

The USD/CAD pair edges lower during the Asian session on Wednesday, though it lacks follow-through and remains close to the highest level since April 2020 touched the previous day.

Fxstreet

Wed, Dec 11

EUR/JPY drops to near 159.50 as traders brace for ECB rate decision

The EUR/JPY cross attracts some sellers to around 159.50 during the early European session.

Fxstreet

Wed, Dec 11

GBP/USD steadies near 1.2800 as traders expect BoE to maintain current interest rates

GBP/USD extends its winning streak for the third successive session, trading around 1.2780 during the Asian hours on Wednesday.

Fxstreet

Wed, Dec 11

USD/INR strengthens as new RBI chief spurs rate cut bets

The Indian Rupee (INR) weakens near a record low on Wednesday as the appointment of career bureaucrat Sanjay Malhotra as the next governor of the Reserve Bank of India (RBI) prompted traders to raise their bets on the interest rate cuts.

Fxstreet

Wed, Dec 11

Japanese Yen sticks to stronger PPI-led modest gains; lacks follow-through buying

The Japanese Yen (JPY) edges higher during the Asian session on Wednesday as a stronger Producer Price Index (PPI) from Japan keeps the door open for a December interest rate hike by the Bank of Japan (BoJ).

Fxstreet

Wed, Dec 11

Australian Dollar steadies despite a market caution ahead of US CPI

The Australian Dollar (AUD) hovers against the US Dollar (USD) on Wednesday after experiencing losses in the previous session.

Fxstreet

Wed, Dec 11

NZD/USD holds below 0.5800 as traders brace for US CPI release

The NZD/USD pair trades on a softer note around 0.5795 during the Asian session on Wednesday.

Fxstreet

Wed, Dec 11

PBOC sets USD/CNY reference rate at 7.1843 vs. 7.1896 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1843, as compared to the previous day's fix of 7.1896 and 7.2379 Reuters estimates.

Fxstreet

Wed, Dec 11

Bearish bets on EUR/USD attractive again after latest fightback: BofA

Investing.com -- The euro has been fighting back against the dollar, following its a post-U.S. election ride lower, but Bank of America (NYSE:BAC) says now is the time to to renew bearish bets on the single currency again.

Investing.com

Wed, Dec 11

EUR/USD retests 1.05 ahead of US CPI inflation, ECB rate call in the barrel

EUR/USD shed close to 0.2% on Tuesday, chalking in a third straight declining trading day and testing down into the 1.0500 handle as the Euro’s near-term bullish recovery fizzles out.

Fxstreet

Tue, Dec 10

GBP/USD tries to push north through near-term congestion

GBP/USD found some room on the high side on Tuesday, gaining almost 0.2% and inching back toward the 1.2800 handle, grasping for the key price level that has flummoxed bullish momentum in recent days.

Fxstreet

Tue, Dec 10

USD/CAD extends upside above 1.4150, all eyes on US CPI data, BoC rate decision

The USD/CAD pair extends the rally to near 1.4180 during the early Asian session on Wednesday, bolstered by the firmer US dollar (USD) broadly.

Fxstreet

Tue, Dec 10

South Korea Unemployment Rate unchanged at 2.7% in November

South Korea Unemployment Rate unchanged at 2.7% in November

Fxstreet

Tue, Dec 10

NZD/USD Price Analysis: Pair falls to 0.5800 after strong rejection at 20-day SMA

The NZD/USD pair faced renewed selling pressure on Tuesday, dropping by 1.14% to 0.5800 after a failed attempt to reclaim the 20-day Simple Moving Average (SMA).

Fxstreet

Tue, Dec 10

NZD/JPY Price Analysis: Pair retreats to 88.00 as bearish consolidation continues

The NZD/JPY pair continued its downward trajectory on Tuesday, retreating to 88.10 amid ongoing bearish pressure.

Fxstreet

Tue, Dec 10

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