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Swiss Franc weakens as US Dollar rises on hawkish Fed sentiment
USD/CHF gains ground after four days of losses, trading around 0.8220 during Asian hours on Wednesday. The currency pair appreciates as the US Dollar (USD) gains ground on the back of a hawkish policy outlook from the Federal Reserve (Fed).
India HSBC Services PMI: 55.8 (September) vs 54.1
India HSBC Services PMI: 55.8 (September) vs 54.1
India HSBC Manufacturing PMI increased to 55.7 in September from previous 52.8
India HSBC Manufacturing PMI increased to 55.7 in September from previous 52.8
India HSBC Composite PMI climbed from previous 54.3 to 56.5 in September
India HSBC Composite PMI climbed from previous 54.3 to 56.5 in September
India's HSBC Manufacturing PMI climbs to 55.7 in SeptemberÂ
The preliminary reading of India’s HSBC Manufacturing Purchasing Managers Index (PMI) jumped to 55.7 in September versus 52.8 prior, the latest data published by S&P Global and HSBC Bank showed on Wednesday.Â
EUR/USD Price Forecast: Hits fresh low since July 29, around 1.1425 as USD stays firm
The EUR/USD pair remains under some selling pressure for the third straight day, touching a fresh low since July 29, around the 1.1425 region, during the Asian session on Wednesday.
Japan’s Takaichi and US President Donald Trump discuss cooperation in New York
Japanese Prime Minister Takaichi Sanae and US President Donald Trump have held a summit to enhance economic security partnership. The two leaders are in New York for a meeting of the United Nations General Assembly.
Netherlands, The Gross Domestic Product s.a (QoQ) came in at 0.6%, above expectations (0.4%) in 2Q
Netherlands, The Gross Domestic Product s.a (QoQ) came in at 0.6%, above expectations (0.4%) in 2Q
USD/IDR Price Forecast: Falls toward moving averages near 17,800 ahead of BI decision
USD/IDR extends its losses for the second successive day, trading around 17,820 during Asian hours on Wednesday. Technical analysis of the daily chart suggests the pair remains within the ascending channel, indicating an ongoing bullish bias.
Asian stocks trade mixed, Taiwan’s Taiex leads on tech boost
Asian equities trade mixed on Wednesday. Oil prices and Treasury yields dropped as crude flows through the Middle East improved, adding to risk appetite.
Japanese Yen softens on BoJ's lack of hawkish guidance, potential intervention eyed
The USD/JPY pair gathers strength to around 157.60 during the early Asian trading hours on Wednesday. The Japanese Yen (JPY) extends the decline due to a lack of explicitly hawkish guidance from the Bank of Japan (BoJ) after the rate hike last week.
Canadian Dollar seems vulnerable as Iran diplomacy hopes weigh on oil prices
The USD/CAD pair attracts buyers for the third straight day and trades around the 1.4070-1.4075 area during the Asian session on Wednesday, near its highest level since July 29, touched the previous day.
Australian Dollar remains under pressure as PMI slows
AUD/USD loses ground for the third consecutive day, trading around 0.7110 during Asian hours on Wednesday.