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The Japanese Yen (JPY) continues its losing streak for the fourth consecutive session on Wednesday.

FxstreetJun 12, 2024

Japanese Yen depreciates, while US Dollar remains solid ahead of Fed policy decision

Bitcoin (BTC) price could undergo an initial dip before rallying, with the release of US CPI data today.

FxstreetJun 12, 2024

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin could see high volatility due to US CPI

The Bureau of Labor Statistics (BLS) will publish the highly anticipated Consumer Price Index (CPI) inflation data from the United States (US) for May on Wednesday at 12:30 GMT.

FxstreetJun 12, 2024

US core CPI inflation expected to ease slightly ahead of Fed decision

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FxstreetJun 12, 2024
USD/CAD trades with modest losses around mid-1.3700s, focus remains on US CPI and Fed
FxstreetJun 12, 2024
USD/INR weakens ahead of Indian CPI data
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FxstreetJun 12, 2024
Australian Dollar edges higher due to hawkish sentiment surrounding the RBA
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FxstreetJun 12, 2024
Gold price seems vulnerable, traders keenly await US CPI and FOMC policy decision
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FxstreetJun 12, 2024
WTI hovers around $78.00 after EIA's forecast of optimistic global demand
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FxstreetJun 12, 2024
China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expected
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Forex

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.
iconUSD/CAD
Fxstreet
Jun 12, 2024
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Forex

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
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Forex

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.
iconAUD/USD
Fxstreet
Jun 12, 2024
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Commodities

Gold price seems vulnerable, traders keenly await US CPI and FOMC policy decision

Gold price (XAU/USD) showed some resilience below the $2,300 mark and posted modest gains for the second straight day on Tuesday.
iconGold
Fxstreet
Jun 12, 2024
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Commodities

WTI hovers around $78.00 after EIA's forecast of optimistic global demand

West Texas Intermediate (WTI) Oil price hovers around $77.90 per barrel during Asian trading hours on Wednesday.
iconWTI
Fxstreet
Jun 12, 2024
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Economic Indicator

China’s CPI inflation steadies at 0.3% YoY in May vs. 0.4% expected

China’s Consumer Price Index (CPI) increased by 0.3% over the year in May, at the same pace as seen in April.
iconAUD/USD
Fxstreet
Jun 12, 2024
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Economic Indicator

China Producer Price Index (YoY) above expectations (-1.5%) in May: Actual (-1.4%)

China Producer Price Index (YoY) above expectations (-1.5%) in May: Actual (-1.4%)
iconUSD/CNH
Fxstreet
Jun 12, 2024
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Economic Indicator

China Consumer Price Index (YoY) below forecasts (0.4%) in May: Actual (0.3%)

China Consumer Price Index (YoY) below forecasts (0.4%) in May: Actual (0.3%)
iconUSD/CNH
Fxstreet
Jun 12, 2024
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Economic Indicator

China Consumer Price Index (MoM) below expectations (0%) in May: Actual (-0.1%)

China Consumer Price Index (MoM) below expectations (0%) in May: Actual (-0.1%)
iconUSD/CNH
Fxstreet
Jun 12, 2024
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Commodities

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

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.com
Jun 12, 2024
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Forex

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.
iconUSD/CNH
Fxstreet
Jun 12, 2024
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Forex

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.
iconNZD/USD
Fxstreet
Jun 12, 2024
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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.
iconUSD/JPY
Fxstreet
Jun 12, 2024
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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
iconUSD/JPY
Fxstreet
Jun 11, 2024
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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
iconUSD/JPY
Fxstreet
Jun 11, 2024
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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
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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.
iconEUR/USD
Fxstreet
Jun 11, 2024
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