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Australian Dollar appreciates despite a softer China inflation data
The Australian Dollar (AUD) recovers its recent losses against the US Dollar (USD) due to the hawkish sentiment surrounding the Reserve Bank of Australia (RBA).
GBP/USD sticks to intraday gains, remains below mid-1.3100s amid modest USD uptick
The GBP/USD pair attracts some dip-buying during the Asian session on Monday and climbs back closer to mid-1.3100s in the last hour, though a combination of factors might cap any further gains.
AUD/JPY trades with modest losses below mid-96.00s, seems vulnerable near multi-week low
The AUD/JPY cross remains under some selling pressure for the third successive day on Thursday and drops to a three-and-half-week low during the Asian session on Thursday.
Asia FX muted before PCE test; yen firms on strong CPI, while yuan hits 2024 peak
Investing.com-- Most Asian currencies kept to a tight range on Friday as the dollar held recent gains in anticipation of key inflation data that is likely to factor into the outlook for interest rates.
Asia FX drifts higher as dollar rebound cools ahead of GDP, inflation data
Investing.com-- Most Asian currencies firmed on Thursday, albeit slightly, as a rebound in the dollar stalled ahead of key economic readings that are likely to factor into the outlook for interest rate cuts.
Pound Sterling trades mixed at start of week
The Pound Sterling (GBP) trades mixed in its most heavily traded pairs on Monday despite positive economic data releases of late.
Mexican Peso edges lower as traders cover their longs
The Mexican Peso (MXN) is edging lower in its key pairs on Friday as traders take profit from their recent longs.
RBA's Bullock: Inflation remains too high
Reserve Bank of Australia Governor Michele Bullock said on Friday that the central bank remains focused on the potential upside risks to inflation, adding
Forex Today: Soft or hard landing? Upcoming US data will have a say
A persistent selling bias kept the Greenback’s price action subdued for yet another session, a view that was bolstered by further confirmation of the downw
Polkadot 2.0: Modular architecture and state of tokenomics
After wrapping up Polkadot 1.0 in July 2023, the blockchain community is now gearing up for Polkadot 2.0, backed by tech upgrades like Async Backing, Elast
AUD/JPY Price Forecast: Struggles to continue winning streak
The AUD/JPY pair exhibits indecisiveness among market participants near 97.00 in Friday’s European session.
AUD/NZD advances to near 1.1000 as RBA maintains its current rates
AUD/NZD extends its winning streak for the third successive session, trading around 1.0980 during the Asian hours on Tuesday.
NZD/JPY Price Analysis: Downward continuation, bulls fail to stop the bleeding
The NZD/JPY pair persists in its downward movement, now slipping below the key 89.00 level. The cross pair has consecutively recorded losses, exhibiting a
GBPUSD backslides after BoE rate cut with NFP looming ahead
GBP/USD heads for 1.2700 after slumping to a one-month low. The BoE cut rates as expected, easing the GBP lower. US data sparked fresh fears of a recession
AUD/USD stays in tight range near 0.6550 ahead of Aussie Inflation and Fed policy
The AUD/USD pair continues to trade sideways around 0.6550 in Tuesday’s European session.
GBP/USD sticks to modest recovery gains above 1.2900, lacks bullish conviction
The GBP/USD pair attracts some buyers during the Asian session on Monday and for now, seems to have stalled its corrective slide from the 1.3045 area, or a
NZD/USD consolidates around 0.6100 as traders await US data
NZD/USD hovers around 0.6100 in early European trading hours on Friday as investors react to New Zealand’s weak PMI data.
USD/CAD trades with bearish bias below 1.3650, investors await US PPI data
The USD/CAD pair trades with mild losses near 1.3630 after bouncing off the two-month lows around 1.3588 during the early Asian session on Friday.
GBP/USD rallies on resurgence of Fed rate cut hopes
GBP/USD pushed back into the high end after Fed nods at inflation progress.
USD/CHF weakens below 0.9000 ahead of Powell and Fedspeak
Political uncertainties and geopolitical risks might boost the safe-haven asset like the CHF.
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