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New Zealand Dollar weakens below 0.5900 as Unemployment Rate jumps to highest since 2015
The NZD/USD pair weakens to near 0.5870 during the early European trading hours on Wednesday. The New Zealand Dollar attracts some sellers against the US Dollar (USD) after New Zealand’s unemployment rate climbs to the highest in 11 years.
Indian Rupee surrenders some gains, RBI maintain status quo again
The Indian Rupee (INR) surrenders some gains after a strong opening against the US Dollar (USD), following the Reserve Bank of India’s (RBI) monetary policy decision.
Indonesian Rupiah remains stronger on strong domestic GDP
USD/IDR depreciates after registering minor gains in the previous day, trading around 17,970 during the Asian hours on Wednesday. The currency pair is under downward pressure as a combination of strong Indonesian economic performance and softening US Dollar (USD) demand weighs on the pair.
USD/JPY Price Forecast: Holds steady above 157.50 as bulls await 50-hour EMA breakout
The USD/JPY pair drifts lower during the Asian session on Wednesday and, for now, seems to have stalled this week's goodish recovery from the 155.25-155.20 region, or the lowest since May.
India HSBC Services PMI above expectations (53.1) in July: Actual (53.3)
India HSBC Services PMI above expectations (53.1) in July: Actual (53.3)
India HSBC Composite PMI in line with expectations (54.3) in July
India HSBC Composite PMI in line with expectations (54.3) in July
Singapore Retail Sales (YoY) climbed from previous 3% to 4% in June
Singapore Retail Sales (YoY) climbed from previous 3% to 4% in June
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 Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Wednesday, according to data compiled by FXStreet.
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.