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Euro sticks to losses near one-month low as USD bulls retain control ahead of Fed decision
The EUR/USD pair sticks to a negative bias for the fifth straight day and trades around the 1.1535-1.1530 area during the Asian session on Wednesday.
Australia Westpac Leading Index (MoM) down to 0% in August from previous 0.04%
Australia Westpac Leading Index (MoM) down to 0% in August from previous 0.04%
British Pound softens below 1.3500 as traders await UK CPI data, Fed rate decision
The GBP/USD pair loses ground to near 1.3470 during the early Asian trading hours on Wednesday. The US Dollar (USD) strengthens against the British Pound (GBP) on expectations of a US interest rate hike.
PBOC sets USD/CNY reference rate at 6.7628 vs. 6.7670 previous
On Wednesday, the People’s Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7628 compared to the previous day's fix of 6.7670 and 6.7148euters estimate.
Canadian Dollar languishes near two-week low as bullish USD offsets oil gains ahead of Fed
The USD/CAD pair retains its positive bias for the sixth straight day, trading near the 1.3930 area, a two-week high during the Asian session on Wednesday amid a bullish US Dollar (USD).
WTI slips to near $100.50 despite escalating Middle East supply disruptions
West Texas Intermediate (WTI) oil price declines after two days of gains, trading around $100.50 per barrel during Asian hours on Wednesday. However, crude oil prices may rebound, driven by a series of broadening supply disruptions across the Middle East.
Saudi air defenses intercept Houthi drone near Mecca
The Saudi-led coalition said that Saudi air defenses intercepted and destroyed a drone launched by Yemen’s Houthi group near Mecca, Reuters reported on Tuesday.
Japanese Yen flatlines ahead of Fed rate decicion
The USD/JPY pair holds steady near 155.25 during the early Asian session on Wednesday. Traders prefer to wait on the sidelines ahead of the US Federal Reserve (Fed) interest rate decision later on Wednesday. On Friday, attention will shift to the Bank of Japan (BoJ) interest rate decision.
Japan Merchandise Trade Balance Total came in at ¥-1105.6B, below expectations (¥-1052.6B) in August
Japan Merchandise Trade Balance Total came in at ¥-1105.6B, below expectations (¥-1052.6B) in August
Japan Adjusted Merchandise Trade Balance fell from previous ¥-686B to ¥-840.6B in August
Japan Adjusted Merchandise Trade Balance fell from previous ¥-686B to ¥-840.6B in August
Japan Machinery Orders (MoM) registered at -3.7%, below expectations (-2.8%) in July
Japan Machinery Orders (MoM) registered at -3.7%, below expectations (-2.8%) in July
Japan Imports (YoY) came in at 28%, above forecasts (26.3%) in August
Japan Imports (YoY) came in at 28%, above forecasts (26.3%) in August
Japan Machinery Orders (YoY) came in at 11.2% below forecasts (15.3%) in July
Japan Machinery Orders (YoY) came in at 11.2% below forecasts (15.3%) in July