The AUD/USD pair gives back some of its early gains, but still trades 0.12% higher to near 0.6910 during the late Asian trading session on Wednesday.
Asian equities rise as improved global sentiment boosted regional markets following a strong rally on Wall Street overnight. Risk appetite improves on rising hopes for Middle East peace resolution.
Australia RBA Commodity Index SDR (YoY) rose from previous 3.4% to 12.8% in March
Netherlands, The Nevi Manufacturing PMI climbed from previous 50.8 to 52 in March
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%)
