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USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data
USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.
USD/CAD
Fxstreet
Tue, Aug 12
EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data
The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey – Economic Sentiment data for August, which will be published at 09:00 GMT.
EUR/CAD
Fxstreet
Tue, Aug 12
Australia dollar barely blinks at rate cut, more priced in
By Wayne Cole SYDNEY, Aug 12 (Reuters) - The Australian dollar barely budged on Tuesday after the country's central bank cut interest rates as expected and stayed cautious on the outlook for more, leaving markets anticipating a three-month break until the next likely easing.In a unanimous dec...
Reuters
Tue, Aug 12
FOREX-Dollar advances against yen ahead of US inflation data
Risks skewed to modest dollar gains after CPI: TD Securities Traders watch for signs of tariff pressures in CPI dataAussie largely shrugs off widely expected RBA rate cutBy Kevin Buckland TOKYO, Aug 12 (Reuters) - The dollar firmed against the yen on Tuesday and held its ground against the euro a...
Reuters
Tue, Aug 12
USD/CHF trades with negative bias above 0.8100; focus remains on US CPI report
The USD/CHF pair attracts some sellers during the Asian session on Tuesday and erodes a part of the previous day's strong move higher to over a one-week top.
USD/CHF
Fxstreet
Tue, Aug 12
AUD/NZD retreats from multi-week top, flat lines around 1.0965 post-RBA rate decision
The AUD/NZD cross surrenders modest intraday gains to a nearly four-week high, around the 1.0980-1.0985 region touched during the Asian session this Tuesday after the Reserve Bank of Australia (RBA) announced its policy decision.
AUD/NZD
Fxstreet
Tue, Aug 12
AUD/JPY trims gains near 96.50 as RBA cuts rate to 3.60% as expected
The AUD/JPY cross pares gains to 96.60 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) remains firm against the Japanese Yen (JPY) after the Reserve Bank of Australia (RBA) interest rate decision.
AUD/JPY
Fxstreet
Tue, Aug 12
Australia's central bank cuts rates to two-year low of 3.60%
SYDNEY, Aug 12 (Reuters) - Australia's central bank on Tuesday cut its main cash rate by a quarter point to a two-year low of 3.60%, citing a slowdown in inflation and a looser labour market, though it was cautious on the prospect of further easing.Wrapping up a two-day policy meeting, the Reser...
Reuters
Tue, Aug 12
USD/INR flattens as investors await India-US CPI data for July
The Indian Rupee (INR) flattens around 87.80 against the US Dollar (USD) at open on Tuesday. The USD/INR pair trades sideways ahead of the release of the Consumer Price Index (CPI) data for July from both India and the United States (US), which will be published during the day.
Fxstreet
Tue, Aug 12
GBP/USD steadies below 1.3450 following BRC Like-For-Like Retail Sales, UK labor data eyed
GBP/USD moves little after the release of Like-For-Like Retail Sales by the British Retail Consortium, hovering around 1.3430 during the Asian hours on Tuesday.
GBP/USD
Fxstreet
Tue, Aug 12
Silver Price Forecast: XAG/USD rises to near $38.00, US CPI data in focus
The Silver price (XAG/USD) attracts some buyers near $37.90 during the Asian trading hours on Tuesday. The white metal edges higher amid rising expectations that the US Federal Reserve (Fed) will deliver an interest rate cut in its September meeting.
Silver
Fxstreet
Tue, Aug 12
India Morning Newsletter, August 12
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at:https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Tue, Aug 12
EUR/USD remains above 1.1600, sentiment improves due to upcoming US-Russia meet
EUR/USD edges higher after registering losses in the previous two successive sessions, trading around 1.1620 during the Asian hours on Tuesday.
EUR/USD
Fxstreet
Tue, Aug 12
Japanese Yen slides to over one-week low against mostly flat USD amid BoJ uncertainty
The Japanese Yen (JPY) drifts lower against its American counterpart for the third straight day and slides to a one-and-a-half-week low during the Asian session on Tuesday. Against the backdrop of political uncertainty, the potential negative impact of higher US tariffs on the domestic economy...
USD/JPY
Fxstreet
Tue, Aug 12
Australian Dollar steadies as US extends China tariff deadline, RBA decision eyed
The Australian Dollar (AUD) maintains its position against the US Dollar (USD) on Tuesday ahead of the interest rate decision by the Reserve Bank of Australia. The AUD/USD pair may appreciate as US President Donald Trump has extended the China tariff deadline by another 90 days.
AUD/USD
Fxstreet
Tue, Aug 12
FOREX-Dollar holds gains ahead of inflation data; Aussie awaits RBA
Risks skewed to modest dollar gain after CPI: TD Securities Traders watch for signs of tariff pressures in CPI dataAustralian central bank widely expected to cut ratesBy Kevin Buckland TOKYO, Aug 12 (Reuters) - The U.S. dollar held steady on Tuesday, with markets braced for a key consumer inflati...
Reuters
Tue, Aug 12
PBOC sets USD/CNY reference rate at 7.1418 vs. 7.1405 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1418 as compared to the previous day's fix of 7.1405 and 7.1901 Reuters estimate.
USD/CNH
Fxstreet
Tue, Aug 12
NZD/USD gathers strength to near 0.5950 as Trump extends China tariff deadline by another 90 days
The NZD/USD pair gains ground to around 0.5940 during the early Asian session on Tuesday. The New Zealand Dollar (NZD) strengthens against the Greenback after US President Donald Trump extends the China tariff deadline by another 90 days.
NZD/USD
Fxstreet
Tue, Aug 12
GBP/USD momentum falters ahead of hefty Tuesday docket
GBP/USD spun in a circle on Monday, wearing worry lines into the charts near 1.3430 as Cable traders buckle down ahead of a slew of key data on both sides of the Atlantic due on Tuesday.
GBP/USD
Fxstreet
Mon, Aug 11
USD/CAD trades flat above 1.3750, all eyes on US CPI release
The USD/CAD pair trades on a flat note near 1.3775 during the early Asian session on Tuesday. The Canadian Dollar (CAD) weakens against the US Dollar (USD) as traders turn cautious ahead of a key US inflation report later on Tuesday.
USD/CAD
Fxstreet
Mon, Aug 11
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