Indonesia Core Inflation (YoY) below forecasts (2.63%) in March: Actual (2.52%)
Indonesia Core Inflation (YoY) below forecasts (2.63%) in March: Actual (2.52%)
The EUR/USD pair touches a one-week top on Wednesday, though it lacks follow-through buying and remains below the 1.1600 mark through the Asian session. Moreover, the mixed fundamental backdrop warrants some caution before positioning for any further appreciating move.
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
EUR/JPY extends its gains for the second consecutive day, trading around 183.60 during the Asian hours on Wednesday. The technical analysis of the daily chart suggests the currency cross moves sideways within the ascending triangle pattern, reflecting buying pressure.
Indonesia Inflation (MoM) below forecasts (0.46%) in March: Actual (0.41%)
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive day and hovering around 99.80 during the Asian hours on Wednesday.
Indonesia Trade Balance below expectations ($1.55B) in February: Actual ($1.28B)
Indonesia Imports below expectations (11.2%) in February: Actual (10.85%)
The NZD/USD pair attracts some sellers following a modest Asian session rise to the 0.5760 area, or the weekly top, and stalls the previous day's recovery move from over a four-month low.
Indonesia Exports came in at 1.01%, below expectations (3.2%) in February
A report from the Wall Street Journal (WSJ) released in Asian trading hours on Wednesday showed that the United Arab Emirates (UAE) is willing to join the United States (US) and other allies for a forceful reopening of the Strait of Hormuz, a passage to almost 20% of the global energy supply, accord
Silver price (XAG/USD) halts its three-day winning streak, trading around $74.20 per troy ounce during the Asian hours on Wednesday. The safe-haven demand for Silver weakens as optimism grows over easing tensions in the Middle East.