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United States Monthly Budget Statement below forecasts ($-346B) in July: Actual ($-432B)
United States Monthly Budget Statement below forecasts ($-346B) in July: Actual ($-432B)
Singapore Dollar: Upside risk builds against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/SGD closed little changed around 1.2800, with the S$NEER trading 1.7% above its mid-point and implying a 1.2760–1.2822 range.
USD/CHF Price Forecast: Bearish flag forms as bulls eye 0.8200
The USD/CHF pair edges higher by some 0.30% on Wednesday, refreshing ten-day highs of 0.8138, as the uptrend is poised to extend if it clears key resistance levels.
Chinese Yuan: Range trade and upside risk against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that USD/CNH has been confined to a tight range and expect the Dollar to trade between 6.7430 and 6.7530 in the near term.
Forex Today: US Dollar firms ahead of a packed session
The US Dollar (USD) has extended its recovery on Wednesday following a Consumer Price Index (CPI) report that printed in line with forecasts. The US Dollar Index (DXY) has pushed back above the 100.00 mark, and the bid has broadened out against most majors heading into a data-heavy Thursday.
Japanese Yen stumbles as US Dollar strengthens
USD/JPY is back around the mid-159.00s area, testing the day's highs after rebounding sharply from a low around the 158.60 level.
EUR/USD Price Forecast: Fading bullish momentum puts focus on 1.1500 support
EUR/USD edges lower on Wednesday, reversing earlier gains as the US Dollar (USD) shrugs off in-line US Consumer Price Index (CPI) data. At the time of writing, the pair trades around 1.1521 after touching an intraday high of 1.1563.
United States 10-Year Note Auction increased to 4.683% from previous 4.58%
United States 10-Year Note Auction increased to 4.683% from previous 4.58%
British Pound holds near 1.3500 as CPI relief meets Hormuz risk
The Pound Sterling (GBP) holds firm within familiar levels on Wednesday after the US inflation report was in line with estimates, a relief for the Federal Reserve (Fed), which is laser-focused on tackling higher prices. The GBP/USD pair trades at around 1.3500 after reaching a high of 1.3546.
Australian Dollar slips as US Dollar steadies post CPI
AUD/USD is trading near the 0.7070 zone, holding onto a minority of Wednesday's gains after the pair touched a session high near 0.7090.
Russia Consumer Price Index (MoM) down to 0.5% in July from previous 0.87%
Russia Consumer Price Index (MoM) down to 0.5% in July from previous 0.87%
Singapore Dollar: Strong Singapore growth supports SGD against US Dollar – Commerzbank
Commerzbank analysts highlight that Singapore’s final Q2 GDP was revised up, lifting H1 growth to 6.1% year-on-year and prompting MTI to raise its 2026 GDP forecast to 4.5–5.5%.
New Zealand Dollar struggles as political uncertainty overshadows US inflation
NZD/USD retreats to around 0.5865 on Wednesday at the time of writing, down 0.25% on the day. The New Zealand Dollar (NZD) remains under pressure against the US Dollar (USD), while inflation data from the United States (US) triggers only a limited reaction across the foreign exchange market.