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United States Dollar Index (DXY) flat below 101.50 as bulls await FOMC amid Iran risks
The United States Dollar Index (DXY), which tracks the Greenback against a basket of currencies, is seen consolidating below the 101.50 level during the Asian session as traders await the outcome of a two-day FOMC meeting, due later this Wednesday.
Australian Dollar falls to one-week low vs Yen as soft CPI triggers heavy selling
The AUD/JPY cross extends this week's retracement slide from the 114.65 zone, or its highest level since June 3, and attracts some follow-through selling for the second straight day.
Australian Dollar slips as softer inflation cools domestic rate expectations
AUD/USD depreciates for the second successive day, trading around 0.6970 during the Asian hours on Wednesday. The pair falls as the Australian Dollar (AUD) continues to struggle following the release of domestic Consumer Price Index (CPI) data.
Australia Quarterly RBA Trimmed Mean CPI (QoQ) came in at 0.8% below forecasts (0.9%) in 2Q
Australia Quarterly RBA Trimmed Mean CPI (QoQ) came in at 0.8% below forecasts (0.9%) in 2Q
Australia Quarterly RBA Trimmed Mean CPI (YoY) below forecasts (3.7%) in 2Q: Actual (3.6%)
Australia Quarterly RBA Trimmed Mean CPI (YoY) below forecasts (3.7%) in 2Q: Actual (3.6%)
Australia Quarterly Consumer Price Index (QoQ) came in at -0.1% below forecasts (0.7%) in 2Q
Australia Quarterly Consumer Price Index (QoQ) came in at -0.1% below forecasts (0.7%) in 2Q
Australia Quarterly Consumer Price Index (YoY) registered at 3.8%, below expectations (4.1%) in 2Q
Australia Quarterly Consumer Price Index (YoY) registered at 3.8%, below expectations (4.1%) in 2Q
US CENTCOM launches strikes in Iraq targeting Iran-backed groups
US Central Command: carried out precision strikes in Iraq targeting Iran-backed groups planning attacks on US forces and Saudi oil facilities.
Japanese Yen holds ground despite rising oil prices
USD/JPY loses ground after registering minor gains in the previous day, trading around 163.70 during the Asian hours on Wednesday. The pair may regain ground as the Japanese Yen could come under pressure from rebounding oil prices.
PBOC sets USD/CNY reference rate at 6.7899 vs. 6.7928 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7899 compared to the previous day's fix of 6.7928.
WTI rebounds from two-week low, well bid around mid-$81.00s amid Iran risks
West Texas Intermediate (WTI) – the benchmark US Crude Oil price – gains strong positive traction during the Asian session on Wednesday, snapping a three-day losing streak to an over two-week low touched the previous day.
Gold holds losses near $4,000 due to Middle East tensions, Fed rate uncertainty
Gold price (XAU/USD) remains subdued for the second successive day, trading around $4,020 per troy ounce during the Asian hours on Wednesday.
Japan's Yen sleeps through a regional equity crash
The Yen trades a fraction under 164.00 on Tuesday, marginally weaker on the day, inside a 30-pip band with a floor above 163.50 and a high a few ticks beneath the standing cycle extreme.