Market News
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Singapore Retail Sales (MoM) rose from previous -2.3% to 1% in June
Singapore Retail Sales (MoM) rose from previous -2.3% to 1% in June
Swiss Franc gains as easing risk aversion weighs on US Dollar
USD/CHF extends its losses for the second successive day, trading around 0.8080 during the Asian hours on Wednesday.
India Reverse Repo Rate: 3.35%
India Reverse Repo Rate: 3.35%
India RBI Interest Rate Decision (Repo Rate) meets forecasts (5.25%)
India RBI Interest Rate Decision (Repo Rate) meets forecasts (5.25%)
Canadian Dollar hangs near one-week low as weak oil prices counter USD downtick
The USD/CAD pair trades with a positive bias for the fourth straight day and currently hovers around the 1.4070 region, or a nearly one-week high set the previous day.
Indonesia Gross Domestic Product (YoY) above expectations (5.1%) in 2Q: Actual (5.29%)
Indonesia Gross Domestic Product (YoY) above expectations (5.1%) in 2Q: Actual (5.29%)
Indonesia Gross Domestic Product (QoQ) came in at 3.73%, above forecasts (3.5%) in 2Q
Indonesia Gross Domestic Product (QoQ) came in at 3.73%, above forecasts (3.5%) in 2Q
EUR/JPY Price Forecast: Softens below 182.00 on intervention risks, bearish outlook prevails
The EUR/JPY cross trades in negative territory around 181.70 during the early European trading hours on Wednesday.
US nears Hormuz deal, aiming for Wednesday announcement – Axios
According to a report from Axios, the United States (US), Iran, and Oman are closing in on an interim agreement to reopen the Strait of Hormuz, with the U.S. aiming for a Wednesday announcement, sources said.
Japan’s Kihara: Specific monetary policy means are up to the BoJ to decide
Japanese Chief Cabinet Secretary Minoru Kihara said on Wednesday, “specific monetary policy means are up to the Bank of Japan (BoJ) to decide.”
British Pound weakens as US Dollar gains despite easing safe-haven demand
GBP/USD edges lower after registering modest gains in the previous day, trading around 1.3450 during the Asian hours on Wednesday.
Euro edges lower below 1.1550 on Hormuz uncertainty
The EUR/USD pair trades with mild losses near 1.1530 during the Asian trading hours on Wednesday. Uncertainty surrounding US-Iran talks weighs on riskier assets such as the Euro (EUR) against the US Dollar (USD).
Australian Dollar consolidates near 0.7050, highest since June 17 amid reviving USD demand
The AUD/USD pair struggles to break through the 100-day Simple Moving Average (SMA) pivotal barrier near mid-0.7000s and consolidates near its highest level since June 17, touched during the Asian session on Wednesday.

