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Euro remains depressed below mid-1.1500s vs bullish USD as focus remains on FOMC
The EUR/USD pair attracts some sellers for the fourth straight day and trades below mid-1.1500s during the Asian session on Tuesday, just above a one-month low touched the previous day.
China House Price Index increased to -3% in August from previous -3.2%
China House Price Index increased to -3% in August from previous -3.2%
PBOC sets USD/CNY reference rate at 6.7670 vs. 6.7698 previous
The People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead on Tuesday at 6.7670 compared to the previous day's fix of 6.7698 and 6.7051euters estimate.
Canadian Dollar consolidates near 1.3900 as oil gains offset bullish USD ahead of Fed
The USD/CAD pair holds steady near the 1.3900 mark during the Asian session on Tuesday, stalling the previous day's modest pullback from a nearly two-week top.
Japanese Yen weakens as Fed rate hike looms
The USD/JPY pair gains ground to near 154.55 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Japanese Yen (JPY) as traders ramp up their bets on a US interest rate hike in September.
Iran's President Pezeshkian: Our demands are the same as our previous demands
Iran's President Masoud Pezeshkian said on Monday that Tehran is not at war with Saudi Arabia. Pezeshkian added that Iran’s demands for negotiation with the United States (US) are the same as our previous demands.
Australian Dollar gets caught between AI selloff and 5% US yields
The Aussie Dollar registered losses of over 0.73% on Monday as sentiment soured due to a fall in technology shares, along with heightened tensions in the Middle East, high energy prices, and a jump in bond yields. The AUD/USD trades at 0.7118, after hitting a high of the day (HOD) of 0.7168.
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.3%Â to -0.9% in August
New Zealand Electronic Card Retail Sales (MoM) dipped from previous 1.3%Â to -0.9% in August
New Zealand Electronic Card Retail Sales (YoY) fell from previous 3.4% to 0.2% in August
New Zealand Electronic Card Retail Sales (YoY) fell from previous 3.4% to 0.2% in August
The Euro breaks both its moving averages as the Fed's hike becomes certain
EUR/USD closed near 1.1550 on Monday, 0.42% lower, and beneath both of its moving averages for the first time since late July. The 50-day and 200-day Exponential Moving Averages (EMA), the chart's two usual reference lines, now sit two pips apart, so the pair fell through one line rather than two.
The Pound tests an August low on the Fed's hike odds
GBP/USD closed just beneath 1.3500 on Monday, 0.19% lower, after trading to its lowest since August 14 in the London morning and buying back half of the drop by the close.
GBP/JPY Price Forecast: Bears circle 207.00 as RSI rebounds
The GBP/JPY cross-pair rises over 0.12% and trades at around 208.30 as risk appetite shifts to the sour side due to a rise in energy prices and bond yields, as investors grow uneasy about a possible reacceleration of inflation ahead of three monetary policy decisions by major central banks.
New Zealand Dollar sinks to two-month low as Greenback firms
NZD/USD trades lower on Tuesday, changing hands near 0.5780, down around 0.6% on the day. The pair has slipped below 0.5760 to its lowest level since mid-July, after giving back ground overnight from a session high near 0.5820.