EUR/USD extends its gains for the second successive day, trading around 1.1560 during the Asian hours on Wednesday. The pair advances as the US Dollar (USD) softens, weighed down by fading safe-haven demand amid a moderation in Middle East tensions.
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.9025 compared to the previous day's fix of 6.9194 and 6.8858 Reuters estimate.
The AUD/USD pair is seen building on the previous day's recovery move from over a two-month low and gaining traction for the second consecutive day on Wednesday.
Australia Building Permits (YoY): 14% (February) vs -15.7%
Australia Building Permits (MoM) came in at 29.7%, above expectations (6.5%) in February
South Korea S&P Global Manufacturing PMI increased to 52.6 in March from previous 51.1
Japan Jibun Bank Manufacturing PMI came in at 51.6, above forecasts (51.4) in March
South Korea Trade Balance above expectations ($21.2B) in March: Actual ($25.74B)
Ireland AIB Manufacturing PMI climbed from previous 53.1 to 53.7 in March
Japan Tankan Non - Manufacturing Outlook came in at 29, above forecasts (28) in 1Q
Japan Tankan Non - Manufacturing Index above expectations (33) in 1Q: Actual (36)
Japan Tankan Large All Industry Capex fell from previous 12.6% to 3.3% in 1Q
