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WTI rises above $74.00 on larger drop in US crude oil inventories, hopes for China's demand

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $74.15 on Wednesday.
New
update2025.01.08 10:44

Australian Dollar remains subdued despite a stronger monthly inflation

The Australian Dollar (AUD) remains subdued for the second consecutive session against the US Dollar (USD), with the AUD/USD pair holding losses despite stronger-than-expected monthly inflation data released on Wednesday.
New
update2025.01.08 10:40

PBOC sets USD/CNY reference rate at 7.1887 vs. 7.1879 previous

On Wednesday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1887 as compared to the previous day's fix of 7.1879 and 7.3435 Reuters estimates.
New
update2025.01.08 10:15

USD/CAD holds positive ground above 1.4350 on bullish US Dollar, FOMC Minutes in focus

The USD/CAD pair posts modest gains near 1.4360 during the early Asian session on Wednesday.
New
update2025.01.08 09:44

Australia's monthly CPI inflation climbs to 2.3% YoY in November vs. 2.2% expected

Australia's monthly Consumer Price Index (CPI) rose by 2.3% in the year to November, compared to a 2.1% increase seen in October, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
New
update2025.01.08 09:34

NZD/USD softens below 0.5650 on stronger US economic data

The NZD/USD pair trades with mild losses near 0.5635 during the early Asian session on Wednesday.
New
update2025.01.08 08:25

EUR/USD flubs key technical levels and backslides once again

EUR/USD turned tail and swooned against the Greenback on Tuesday, shedding four-tenths of one percent after a failed recovery of the 1.0400 handle fizzled out completely.
New
update2025.01.08 08:17

GBP/USD snaps two-day win streak as risk appetite stumbles

GBP/USD caught a mild bid early on Tuesday before turning south once again and shedding roughly one-third of one percent to end the day on the low side of the 1.2500 handle.
New
update2025.01.08 08:01

Fed's Bostic: Inflation is expected to decline but warns Fed to be cautious

Federal Reserve Bank of Atlanta President Raphael Bostic said on Tuesday that Fed officials should be cautious with policy decisions given uneven progress on lowering inflation and err on the side of keeping interest rates elevated to achieve their price stability goals, per Bloomberg.
New
update2025.01.08 08:00

US President-elect Trump: Something will have to be done with Canada and Mexico on trade

President-elect Donald Trump said on Tuesday that he will impose tariffs on hundreds of billions of dollars worth of goods from Mexico and Canada to pressure both countries to stop the flow of illegal immigration and cross-border fentanyl shipments, per Reuters.
New
update2025.01.08 07:49

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