Show:
EUR/GBP flat lines below 0.8750 as traders brace for German IFO Survey release
The EUR/GBP cross trades on a flat note near 0.8735 during the early European trading hours on Wednesday. However, the concerns over the economic downturn in France, the second-largest economy within the Eurozone, could weigh on the Euro (EUR) against the Pound Sterling (GBP).
When is the German IFO Survey and how it could affect EUR/USD?
Germany's IFO institute will publish its business survey for September on Wednesday at 08.00 GMT. The headline IFO Business Climate Index is expected to rise to 89.3 in September from the previous reading of 89.0.
Japan's Takaichi: Government is responsible for setting direction of fiscal, monetary policy
Japan's former Internal Affairs Minister Sanae Takaichi, a contender to be the next Prime Minister, said on Wednesday that the government is responsible to set direction of fiscal and monetary policy.
AUD/JPY adds to stronger Australian CPI-led gains, hits fresh weekly top around 98.00
The AUD/JPY cross rebounds sharply from the 97.20 area, or a two-week low touched during the Asian session on Wednesday, following the release of monthly consumer inflation figures from Australia.
EUR/JPY Price Forecast: Positive bias prevails, key upside barrier emerges near 175.00
The EUR/JPY cross posts modest gains near 174.50 during the early European trading hours on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) after the latest S&P Global flash Japan Manufacturing Purchasing Managers' Index (PMI) fell at the fastest pace in six months in September.
USD/CHF trades calmly around 0.7920, SNB's interest rate policy comes under spotlight
The USD/CHF pair trades broadly calm around 0.7920 during the late Asian session on Tuesday. The Swiss Franc pair consolidates as the US Dollar (USD) wobbles after Federal Reserve (Fed) Chair Jerome Powell signaled caution on interest rate cuts amid growing risks to the dual mandate.
US Dollar Index rises to near 97.50 due to risk-off sentiment, Fed caution
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is gaining ground after two days of losses and trading around 97.30 during the Asian hours on Wednesday.
FX option expiries for Sept 24 NY cut
FX option expiries for Sept 24 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/INR strengthens as FIIs outflow, US H-1B visa fees hike weigh on Indian Rupee
The Indian Rupee (INR) refreshes its all-time low around 89.10 against the US Dollar (USD) at open on Wednesday.
GBP/USD softens to near 1.3500 on weaker UK PMI data
The GBP/USD pair loses ground to near 1.3510 during the early European session on Wednesday. The Pound Sterling (GBP) weakens against the US Dollar (USD) on downbeat UK S&P Global Purchasing Managers' Index (PMI) data for September.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Wednesday, according to data compiled by FXStreet.
EUR/USD weakens below 1.1800 ahead of German IFO survey release
The EUR/USD pair edges lower to around 1.1800, snapping the two-day winning streak during the Asian trading hours on Wednesday. The downtick of the major pair is pressured by a rebound in the US Dollar (USD) after the Federal Reserve (Fed) Chair Jerome Powell's speech.
Japanese Yen weakens as softer PMI data adds to BoJ rate hike uncertainty
The Japanese Yen (JPY) edges lower during the Asian session after a private survey showed this Wednesday that manufacturing sector activity in Japan fell at the fastest pace in six months in September.
USD/CAD holds gains near 1.3850 amid increased risk aversion
USD/CAD extends its winning streak for the third consecutive day, trading around 1.3840 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) receives support from increased risk aversion, driven by the fresh tariff threats from US President Donald Trump against Russia.
NZD/USD holds positive ground above 0.5850 amid Fed uncertainty
The NZD/USD pair recovers some lost ground near 0.5855 during the Asian session on Wednesday.
Australian Dollar gains ground following Monthly Consumer Price Index data
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday, following the release of Australia's Monthly Consumer Price Index (CPI), which climbed by 3.0% year-over-year in August, following a 2.8% increase reported in July.
RBNZ names Anna Breman as new governor
New Zealand's Finance Minister Willis on Wednesday appointed Anna Breman as the new governor of the Reserve Bank of New Zealand (RBNZ). Breman has been appointed for five years, and she will start her new role on December 1.
China says will not seek new special and differential treatment in WTO pacts
China's Premier Li Qiang said that the country will not be seeking new special and differential treatment, a privilege granted to developing countries, in any current and future World Trade Organization (WTO) negotiations, Xinhua news agency reported Tuesday.
GBP/USD extends rebound despite miss in UK PMIs
GBP/USD extended into a second day of thin gains on Tuesday, rising from a messy technical bounce off the 50-day Exponential Moving Average (EMA) near 1.3500.
OECD upgrades global growth forecast to 3.2% as economies surprise to the upside
The Organisation for Economic Co-operation and Development (OECD) upgraded its global economic growth forecast on Tuesday, citing that many economies have been more resilient than projected so far this year.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy