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EUR/JPY Price Forecast: Holds ground above 179.00 within oversold territory

EUR/JPY gains ground for the third successive day, trading around 179.10 during Asian hours on Wednesday. Technical analysis of the daily chart shows the currency cross trading within a descending cha ...

August UK inflation report expected to show rising inflation

The United Kingdom (UK) Office for National Statistics (ONS) will publish the highly anticipated Consumer Price Index (CPI) data for August on Wednesday at 06:00 GMT.

United States Dollar Index gains ground ahead of Fed interest rate decision

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is continuing its winning streak for the sixth consecutive day and trading around 99.70 during ...

Euro sticks to losses near one-month low as USD bulls retain control ahead of Fed decision

The EUR/USD pair sticks to a negative bias for the fifth straight day and trades around the 1.1535-1.1530 area during the Asian session on Wednesday.

Australia Westpac Leading Index (MoM) down to 0% in August from previous 0.04%

British Pound softens below 1.3500 as traders await UK CPI data, Fed rate decision

The GBP/USD pair loses ground to near 1.3470 during the early Asian trading hours on Wednesday. The US Dollar (USD) strengthens against the British Pound (GBP) on expectations of a US interest rate hi ...

PBOC sets USD/CNY reference rate at 6.7628 vs. 6.7670 previous

On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7628 compared to the previous day's fix of 6.7670 and 6.7148euters estimate.

Canadian Dollar languishes near two-week low as bullish USD offsets oil gains ahead of Fed

The USD/CAD pair retains its positive bias for the sixth straight day, trading near the 1.3930 area, a two-week high during the Asian session on Wednesday amid a bullish US Dollar (USD).

WTI slips to near $100.50 despite escalating Middle East supply disruptions

West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $100.50 per barrel during Asian hours on Wednesday. However, crude oil prices may rebound, driven by a series o ...

Saudi air defenses intercept Houthi drone near Mecca

The Saudi-led coalition said that Saudi air defenses intercepted and destroyed a drone launched by Yemen’s Houthi group near Mecca, Reuters reported on Tuesday.

Japanese Yen flatlines ahead of Fed rate decicion

The USD/JPY pair holds steady near 155.25 during the early Asian session on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision later on Wed ...

Japan Merchandise Trade Balance Total came in at ¥-1105.6B, below expectations (¥-1052.6B) in August