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EUR/USD finds support as US Dollar edges down ahead of CPI, Fed decision
EUR/USD edges higher to 1.0750 in Wednesday’s European session ahead of the United States (US) Consumer Price Index (CPI) data for May and the Federal Reserve’s (Fed) interest rate decision, which are scheduled for the American session.
EUR/USD
Fxstreet
Jun 12, 2024
Mexican Peso depreciates further on continued political uncertainty
The Mexican Peso (MXN) continues to depreciate on Wednesday as investors fret about constitutional reforms proposed by the left-wing administration of President-elect Dr.
USD/MXN
Fxstreet
Jun 12, 2024
NZD/USD depreciates to near 0.6150 as the Fed is expected to keep the policy rate unchanged
NZD/USD edges lower as traders favor the US Dollar (USD) ahead of the Federal Reserve's (Fed) decision and the release of US inflation figures for May, scheduled for later in the North American trading hours.
NZD/USD
Fxstreet
Jun 12, 2024
USD/CHF remains timid around 0.8950 due to investors’ caution ahead of FOMC decision
USD/CHF moves sideways with less liquidity, trading around 0.8970 during the early European session on Wednesday.
USD/CHF
Fxstreet
Jun 12, 2024
Pound Sterling steadies after UK GDP data shows economy stalled in April
The Pound Sterling (GBP) hovers around 1.2750 against the US Dollar (USD) in Wednesday’s London session, broadly unaffected by the United Kingdom's (UK) monthly Gross Domestic Product (GDP) and Industrial Production data for April.
GBP/USD
Fxstreet
Jun 12, 2024
Forex Today: US inflation report and Fed policy decisions to dominate markets
Here is what you need to know on Wednesday, June 12: The US Dollar (USD) holds steady early Wednesday as investors gear up for key macroeconomic events that could significantly impact the currency's valuation.
Fxstreet
Jun 12, 2024
EUR/GBP extends downside below 0.8450 despite UK economy stalls in April
The EUR/GBP cross extends the decline around 0.8430 during the early European trading hours on Wednesday.
EUR/GBP
Fxstreet
Jun 12, 2024
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in May
Germany Harmonized Index of Consumer Prices (MoM) meets expectations (0.2%) in May
EUR/USD
Fxstreet
Jun 12, 2024
Germany Consumer Price Index (YoY) meets expectations (2.4%) in May
Germany Consumer Price Index (YoY) meets expectations (2.4%) in May
EUR/USD
Fxstreet
Jun 12, 2024
Germany Harmonized Index of Consumer Prices (YoY) meets expectations (2.8%) in May
Germany Harmonized Index of Consumer Prices (YoY) meets expectations (2.8%) in May
EUR/USD
Fxstreet
Jun 12, 2024
Germany Consumer Price Index (MoM) meets expectations (0.1%) in May
Germany Consumer Price Index (MoM) meets expectations (0.1%) in May
EUR/USD
Fxstreet
Jun 12, 2024
GBP/USD Price Analysis: Hovers around 1.2750 ahead of UK GDP
The GBP/USD pair consolidates near 1.2750 during the Asian session on Wednesday.
GBP/USD
Fxstreet
Jun 12, 2024
EUR/USD Price Analysis: Bears await US CPI and Fed decision before placing fresh bets
The EUR/USD pair oscillates in a narrow range during the Asian session on Wednesday and consolidates its losses registered over the past three days, to the 1.0720 area, or the lowest level since early May touched the previous day.
EUR/USD
Fxstreet
Jun 12, 2024
Japanese Yen depreciates, while US Dollar remains solid ahead of Fed policy decision
The Japanese Yen (JPY) continues its losing streak for the fourth consecutive session on Wednesday.
USD/JPY
Fxstreet
Jun 12, 2024
USD/CAD trades with modest losses around mid-1.3700s, focus remains on US CPI and Fed
The USD/CAD pair edges lower during the Asian session on Wednesday and currently trades around mid-1.3700s, though the downtick lacks bearish conviction.
USD/CAD
Fxstreet
Jun 12, 2024
USD/INR weakens ahead of Indian CPI data
Indian Rupee (INR) trades on a positive note on Wednesday despite the stronger US Dollar (USD).
Fxstreet
Jun 12, 2024
Australian Dollar edges higher due to hawkish sentiment surrounding the RBA
The Australian Dollar (AUD) edges higher on Wednesday, possibly supported by the hawkish sentiment surrounding the Reserve Bank of Australia (RBA) to maintain higher rates this year.
AUD/USD
Fxstreet
Jun 12, 2024
PBOC sets USD/CNY reference rate at 7.1133 vs. 7.1135 previous
The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1133, as against the previous day's fix of 7.1135 and 7.2558 Reuters estimates.
USD/CNH
Fxstreet
Jun 12, 2024
NZD/USD loses traction below 0.6150, focus on US CPI, Fed rate decision
The NZD/USD pair snaps the two-day winning streak around 0.6140 on Wednesday during the early Asian session.
NZD/USD
Fxstreet
Jun 12, 2024
USD/JPY extends upside on firmer US Dollar, all eyes on US CPI, Fed rate decision
The USD/JPY pair extends the rally near 157.15 during the early Asian trading hours on Wednesday.
USD/JPY
Fxstreet
Jun 12, 2024
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