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Australian Dollar gains ground following Wage Price Index data release
The Australian Dollar (AUD) extends its gains against the US Dollar (USD) on Wednesday after registering more than 1.50% gains in the previous session. The AUD/USD pair strengthened as the US Dollar weakened following softer-than-expected US inflation data.
US Presi. Trump: i couldI see myself dealing with China's Xi on deal
US President Donald Trump said in a Fox News interview early Wednesday that "I could see myself dealing with China's President Xi Jinping on deal."
PBOC sets USD/CNY reference rate at 7.1956 vs. 7.1991 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1956 as compared to the previous day's fix of 7.1991 and 7.1813 Reuters estimate.
USD/CAD softens below 1.3950 as US inflation slowed more than expected in April
The USD/CAD pair weakens to near 1.3925 during the early Asian session on Wednesday. The US Dollar (USD) edges lower against the Canadian Dollar (CAD) after inflation data came in below market expectations.
EUR/USD rebounds on Tuesday as Greenback bids wither
EUR/USD rose on Tuesday, clawing back most of the week's starting losses. The pair is now testing back into the 1.1200 handle, thanks to a general broad-market weakening in the Greenback than any particular bullish momentum bootstrapping Euro market flows.
GBP/USD enters a choppy phase as market sentiment churns
GBP/USD caught a bid on Tuesday, rebounding above the 1.3300 handle and reversing early week losses as global markets tilt and twist around general Greenback flows based on broad-market sentiment.
AUD/NZD Price Analysis: Pair Holds Bullish Tone Ahead of Asian Session
The AUD/NZD pair is trading around the 1.09 zone ahead of the Asian session on Tuesday, reflecting a slight bullish tone with minor gains on the day.
Mexican Peso hits YTD high as US CPI miss, tariff truce sink USD
The Mexican Peso (MXN) rallied to a new year-to-date (YTD) high against the US Dollar (USD) after a softer-than-expected inflation report in the United States (US) weighed on the Greenback. Also, an improvement in risk appetite boosted the emerging market (EM) currency's appeal.
NZD/USD rallies as Dollar Eases on Trade Uncertainty and CPI Miss
NZD/USD trades around the 0.5900 level during the North American session on Tuesday, benefiting from a softer US Dollar (USD) and improving risk sentiment. US President Donald Trump dominated headlines, reiterating his aggressive stance on trade and investment policies.
NZD/JPY Price Analysis: Pair Steadies with Bullish Tone Ahead of Asian Session
The NZD/JPY pair has seen a strong upside push, trading near the 87.50 zone with around 0.80% gains ahead of the Asian session on Tuesday. The pair is positioned mid-range within its recent fluctuation, reflecting a steady bullish tone as traders assess broader risk sentiment.
AUD/USD gains after softer CPI data from the US and trade developments
The US Dollar faced downward pressure on Tuesday, retreating to 101.50, following a softer than expected Consumer Price Index (CPI) for April.
Canadian Dollar bounces back slightly on Tuesday
The Canadian Dollar caught a mild bid on Tuesday, largely thanks to a general easing in Greenback bidding across the broader market rather than any particular bullishness to be found on the book for the Loonie.
Forex Today: Tariff developments and inflation in Germany come to the fore
The US Dollar gave back a big chunk of Monday's strong gains on Tuesday, as markets weighed the implications of the latest US-China trade deal, easing inflationary pressures, and growing speculation that the Federal Reserve could cut interest rates in the third quarter.
US yields climb on tepid CPI, traders dial back Fed cut bets
US Treasury yields rose across the entire yield curve on Tuesday after the latest US inflation report was surprisingly softer than expected, as investors had anticipated a slight uptick due to trade tariffs.
AUD/JPY climbs for second day, breaks key resistance amid risk-on mood
AUD/JPY extended its upward momentum on Tuesday, rising to 96.60 at the time of writing, as renewed risk appetite and stronger Australian data continue to fuel gains in the pair.
US Dollar dips as traders weigh CPI, Trump tariffs and tax remarks
The US Dollar Index (DXY), which measures the value of the US Dollar against a basket of currencies, lost ground on Tuesday, slipping to 101.50 as inflation data for April came in softer than expected.
AUD/USD surges to 0.6470 as soft US CPI and tariff truce lift sentiment
The Australian Dollar (AUD) is trading sharply higher against the US Dollar (USD) on Tuesday, with AUD/USD rising to 0.6470, up nearly 1.5% intraday, as a combination of improved global sentiment and softer US Consumer Price Index (CPI) data boosts demand for risk-sensitive currencies.
USD/JPY slips below 148.00 as US inflation slows, Fed rate cut bets firm
The Japanese Yen (JPY) is advancing modestly against the US Dollar (USD) on Tuesday as softer-than-expected US inflation data reignited speculation about Federal Reserve (Fed) rate cuts later this year.
EUR/CAD Price Analysis: Euro steadies near 1.5600 as bullish signals hold firm
The EUR/CAD pair advanced on Tuesday, trading near the 1.5600 zone after the European session, reflecting a strong bullish tone as the market heads into the Asian session.
USD/CHF retraces to key support amid softer US CPI data
The USD/CHF pair retraces towards the critical round-level support of 0.8400 during the North American session on Tuesday.
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