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Euro: Range trade around key supports against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang highlights EUR/USD’s failure to extend its recent advance, with momentum fading after a retreat from recent highs.
Sweden Industrial Production Value (MoM) down to 0.2% in May from previous 4.2%
Sweden Industrial Production Value (MoM) down to 0.2% in May from previous 4.2%
Sweden Industrial Production Value (MoM) dipped from previous 4.2% to 0.6% in May
Sweden Industrial Production Value (MoM) dipped from previous 4.2% to 0.6% in May
Sweden Industrial Production Value (YoY) fell from previous 7.1% to 6.9% in May
Sweden Industrial Production Value (YoY) fell from previous 7.1% to 6.9% in May
AUD/JPY Price Forecast: Edges higher above 112.50 as mildly bullish bias persists
The AUD/JPY cross gathers strength to around 112.70 during the early European session on Wednesday. Nonetheless, renewed tensions between the US and Iran, and fears of possible intervention by Japanese authorities might support the Japanese Yen (JPY) and cap the upside for the cross.
Sweden New Orders Manufacturing (YoY): 1.3% (May) vs previous 6.3%
Sweden New Orders Manufacturing (YoY): 1.3% (May) vs previous 6.3%
Euro gains as US Dollar moves sideways amid market caution
EUR/USD maintains its position after registering modest losses in the previous day, trading around 1.1410 during the Asian hours on Wednesday.
NZD/USD Price Forecast: Sticks to hawkish RBNZ-led gains to 0.5710-0.5715 confluence
The NZD/USD pair gains strong positive traction following the Reserve Bank of New Zealand's (RBNZ) first rate hike in three years and reclaims the 0.5700 mark during the Asian session on Wednesday.
Silver climbs above $60.00 despite US–Iran tensions, Fed minutes in focus
Silver price (XAG/USD) attracts some buyers to near $60.35, snapping the two-day losing streak during the early European session on Wednesday. The white metal edges higher amid a softer US Dollar (USD) ahead of the release of the June FOMC meeting Minutes.
Indonesian Rupiah holds losses following Consumer Confidence data
USD/IDR gains ground after registering modest losses in the previous day, trading around 18,050 during the Asian hours on Wednesday.
Netherlands, The Consumer Spending Volume up to 1.8% in May from previous 1%
Netherlands, The Consumer Spending Volume up to 1.8% in May from previous 1%
Indonesia Consumer Confidence dipped from previous 120.9 to 117.8 in June
Indonesia Consumer Confidence dipped from previous 120.9 to 117.8 in June
AUD/USD Price Forecast: Hawkish remarks from RBA’s Hunter lift Australian Dollar
The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday.