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Investing.com-- Oil prices settled higher Wednesday, as a cooler inflation report supporting rate-cut hopes, but gains were kept by an unexpected build in weekly domestic crude supplies and hawkish Fe

Investing.comJun 12, 2024

Oil prices settle higher as soft CPI release offsets surprise US inventory jump

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.

FxstreetJun 12, 2024

PBOC sets USD/CNY reference rate at 7.1133 vs. 7.1135 previous

The NZD/USD pair snaps the two-day winning streak around 0.6140 on Wednesday during the early Asian session.

FxstreetJun 12, 2024

NZD/USD loses traction below 0.6150, focus on US CPI, Fed rate decision

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FxstreetJun 12, 2024

USD/JPY extends upside on firmer US Dollar, all eyes on US CPI, Fed rate decision

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FxstreetJun 11, 2024

Japan Producer Price Index (YoY) came in at 2.4%, above forecasts (2%) in May

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FxstreetJun 11, 2024

Japan Producer Price Index (MoM) registered at 0.7% above expectations (0.4%) in May

Investing.comJun 11, 2024

Stock Market Today: S&P 500 ends above 5,400 for first time despite hawkish Fed

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FxstreetJun 11, 2024

EUR/USD extends into a third straight down day as Fed rate call looms

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FxstreetJun 11, 2024

GBP/USD struggles to gain ground below 1.2750 ahead of US CPI, Fed rate decision

Forex

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.

Fxstreet

Jun 12, 2024

Economic Indicator

Japan Producer Price Index (YoY) came in at 2.4%, above forecasts (2%) in May

Japan Producer Price Index (YoY) came in at 2.4%, above forecasts (2%) in May

Fxstreet

Jun 11, 2024

Economic Indicator

Japan Producer Price Index (MoM) registered at 0.7% above expectations (0.4%) in May

Japan Producer Price Index (MoM) registered at 0.7% above expectations (0.4%) in May

Fxstreet

Jun 11, 2024

Stocks

Stock Market Today: S&P 500 ends above 5,400 for first time despite hawkish Fed

Investing.com -- The S&P 500 closed above 5,400 Wednesday as the Fed's outlook for fewer cuts were overshadow by data showing inflation cooled more than expected in May, stoking optimism that the disi

Investing.com

Jun 11, 2024

Forex

EUR/USD extends into a third straight down day as Fed rate call looms

EUR/USD slid into a third straight loss on Tuesday as market sentiment sours on the back of roiled EU parliamentary elections.

Fxstreet

Jun 11, 2024

Forex

GBP/USD struggles to gain ground below 1.2750 ahead of US CPI, Fed rate decision

The GBP/USD pair trades with mild losses around 1.2740 during the early Asian session on Wednesday.

Fxstreet

Jun 11, 2024

Economic Indicator

Colombia Consumer Price Index (MoM) above forecasts (0.41%) in May: Actual (0.43%)

Colombia Consumer Price Index (MoM) above forecasts (0.41%) in May: Actual (0.43%)

Fxstreet

Jun 11, 2024

Economic Indicator

Colombia Consumer Price Index (YoY) registered at 7.16% above expectations (7.14%) in May

Colombia Consumer Price Index (YoY) registered at 7.16% above expectations (7.14%) in May

Fxstreet

Jun 11, 2024

Forex

South Korea Unemployment Rate remains at 2.8% in May

South Korea Unemployment Rate remains at 2.8% in May

Fxstreet

Jun 11, 2024

Commodities

Silver Price Analysis: XAG/USD drop as double-top chart pattern remains intact

Silver prices retreated on Tuesday and fell 1.65% as the Greenback remained in the driver’s seat and posted gains of 0.15%, ahead of crucial data to be revealed on Wednesday.

Fxstreet

Jun 11, 2024

Cryptocurrencies

Sushiswap incorporates Sushi Labs to replace existing DAO

Sushiswap (SUSHI) revealed a change in its protocol governance process on Tuesday following the introduction of Sushi Labs.

Fxstreet

Jun 11, 2024

Commodities

Crude Oil at risk of snapping recovery streak as markets head towards Wednesday’s Fed showing

West Texas Intermediate (WTI) US Crude Oil failed to extend an ongoing recovery on the back of renewed hopes of a global supply drawdown.

Fxstreet

Jun 11, 2024

Forex

NZD/JPY Price Analysis: Cross resilient above 20-day SMA, further upside limited

On Tuesday, the NZD/JPY pair demonstrated resilience above the 20-day Simple Moving Average (SMA) at 95.90, with the pair inching closer to cycle highs near 97.00.

Fxstreet

Jun 11, 2024

Cryptocurrencies

Meme coins show signs of recovery following GameStop's bullish reversal

Several meme coins are showing signs of recovery from the market dump experienced earlier on Tuesday after GameStop stock posted more than a 25% gain in the past 24 hours.

Fxstreet

Jun 11, 2024

Forex

EUR/JPY Price Analysis: Pair stands neutral, 20-day SMA stands as a strong resistance

On Tuesday, the EUR/JPY pair continued to float around the 168.00 level, moving minorly negative as the pair continued sideways trading.

Fxstreet

Jun 11, 2024

Commodities

United States API Weekly Crude Oil Stock came in at -2.428M, below expectations (-1.75M) in June 7

United States API Weekly Crude Oil Stock came in at -2.428M, below expectations (-1.75M) in June 7

Fxstreet

Jun 11, 2024

Forex

USD/JPY Price Analysis: Struggles at 157.00, drops and remains subdued

The USD/JPY retreats during the North American session yet is virtually unchanged as traders brace for Wednesday’s busy economic docket, which will feature May's US Consumer Price Index (CPI) data and the Federal Open Market Committee (FOMC) monetary policy decision.

Fxstreet

Jun 11, 2024

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