EUR/JPY Price Forecast: Tests symmetrical triangle bottom near 183.50
EUR/JPY extends its losses for the third successive day, trading around 183.60 during the Asian hours on Wednesday.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Wednesday, according to data compiled by FXStreet.
Australian Dollar struggles near April lows vs firmer USD as bears await 0.6900 break
The AUD/USD pair turns lower for the third straight day following a modest Asian session uptick to the 0.6920-0.6925 area and drops to a fresh low since April 7 on Wednesday.
British Pound extends the decline below 1.3200 on UK political instability concerns
The GBP/USD pair loses traction to around 1.3195 during the early European trading hours on Wednesday. The British Pound (GBP) softens against the US Dollar (USD) amid political instability following Keir Starmer’s resignation as Prime Minister.
WTI trades around $72.50 after rebounding from three-month lows
West Texas Intermediate (WTI) oil price continues its losing streak for the third successive day, trading around $72.50 per barrel during the Asian hours on Wednesday. WTI oil price recovers after hitting a three-month low of $71.94, but stays in negative territory.
Australian Dollar steadies vs Japanese Yen as CPI cools, BoJ hawks
AUD/JPY remains steady after six days of losses, trading around 0.6920 during the Asian hours on Wednesday. The currency cross moves little as the Australian Dollar (AUD) experiences minor volatility following the release of Australia’s Consumer Price Index (CPI) data.
Canadian Dollar strengthens despite hawkish Fed expectations
The USD/CAD pair edges lower to around 1.4205 during the Asian trading hours on Wednesday. Nonetheless, the potential downside for the pair might be limited amid rising expectations of a Federal Reserve (Fed) rate hike this year.
United States Dollar Index reaches fresh 13-month highs near 101.50
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, holds ground for the third consecutive day and is trading near a fresh 13-month high of 101.45 during the Asian hours on Wednesday.
Swiss Franc slips to seven-month lows ahead of ZEW Survey Expectations
USD/CHF extends its gains for the sixth successive day, reaching a seven-month high of 0.8107 during the Asian hours on Wednesday. The pair rises as the Greenback strengthens on the complex Middle East situation.
Australian Dollar bulls seem hesitant on mixed CPI data; hangs near April lows vs USD
The AUD/USD pair attracts some buyers following the release of softer Australian consumer inflation figures during the Asian session on Wednesday and reverses a part of the previous day's slump to the 0.6900 mark, or its lowest level since early April.
Australia’s CPI inflation declines to 4.0% YoY in May vs. 4.4% expected
Australia’s Consumer Price Index (CPI) rose by 4.0% year-over-year (YoY) in May, compared to a 4.2% increase reported in the previous reading, the latest data published by the Australian Bureau of Statistics (ABS) showed on Wednesday.
Iran’s Pezeshkian says no negotiation on ballistic missiles
Iran’s President Masoud Pezeshkian said that Tehran’s ballistic missile program will not be included in negotiations with the United States (US), BBC reported on Tuesday.