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EUR/JPY Price Forecast: Rebounds above confluence around 185.00, moving averages
EUR/JPY pares its recent losses from the previous day, trading around 185.30 during the Asian hours on Wednesday.
Swiss Franc weakens as US Dollar advances on renewing US-Iran tensions
USD/CHF extends its gains for the third successive day, trading around 0.8090 during the Asian hours on Wednesday. The pair appreciates as the Greenback receives support from safe-haven demand amid renewing geopolitical tensions.
Iran's Parliament Speaker Ghalibaf accuses US of violating MoU
Iran's top negotiator Mohammad Bagher Ghalibaf accuses the United States (US), through a post on X, formerly known as Twitter, of violating major terms of the memorandum of understanding (MoU) signed for a ceasefire in the Middle East.
United States Dollar Index holds above 101.00 following US strikes on Iran
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding gains for the second consecutive day and trading around 101.10 during the Asian session on Wednesday.
New Zealand Dollar advances as RBNZ hike weighs on AUD/NZD
AUD/NZD declines after three days of gains, trading around 1.2170 during the Asian hours on Wednesday. The currency cross falls nearly 0.25% as the New Zealand Dollar (NZD) gains ground following the release of the interest rate decision by the Reserve Bank of New Zealand (RBNZ).
New Zealand Dollar rallies to 0.5700 vs USD on expected RBNZ rate hike
The NZD/USD pair attracts some buyers in reaction to the Reserve Bank of New Zealand's (RBNZ) anticipated interest rate hike and reclaims the 0.5700 mark during the Asian session on Wednesday.
British Pound declines to near 1.3350 as US launches strikes on Iran
The GBP/USD pair loses traction to near 1.3355 during the Asian trading hours on Wednesday. The US Dollar (USD) edges higher against the British Pound (GBP) amid renewed geopolitical tensions after the US renewed strikes on Iran.
New Zealand RBNZ Interest Rate Decision in line with expectations (2.5%)
New Zealand RBNZ Interest Rate Decision in line with expectations (2.5%)
XAG/USD Price Forecast: Defends bearish flag support near mid-$59.00s
Silver (XAG/USD) trades with a negative bias for the third straight day and hovers around the $59.80 region during the Asian session on Wednesday.
Canadian Dollar declines as safe-haven demand lifts US Dollar
USD/CAD inches higher after registering minor losses in the previous day, trading around 1.4200 during the Asian hours on Wednesday.
Euro struggles above 1.1400 as fresh US strikes on Iran support USD ahead of FOMC Minutes
The EUR/USD pair defends the 1.1400 mark during the Asian session on Wednesday, though it struggles to attract any meaningful buyers on the back of renewed US-Iran hostilities.
PBOC sets USD/CNY reference rate at 6.8077 vs. 6.8054 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.8077 compared to the previous day's fix of 6.8054 and 6.8018 Reuters estimate.
RBA’s Hunter: Board will intervene as necessary to bring inflation back to target
Reserve Bank of Australia (RBA) Assistant Governor Sarah Hunter said on Wednesday that the central bank will act as needed to bring inflation back to target, even as the recent oil shock has yet to produce a marked slowdown in economic activity.