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US GDP is expected to bounce up in Q2, buoyed by resilient consumption
The United States (US) Bureau of Economic Analysis (BEA) is set to publish its preliminary estimate of second-quarter Gross Domestic Product (GDP) on Wednesday at 12:30 GMT.
USD/CHF drifts lower to near 0.8050 as traders brace for Fed rate decision
The USD/CHF pair trades in negative territory around 0.8055 during the early European session on Wednesday. Markets turn cautious ahead of the US Federal Reserve (Fed) interest rate decision and the US tariff deadline.
EUR/JPY slides to near 171.00 as US-EU deal weakens Euro
The EUR/JPY pair slumps to near 171.00 during the Asian trading session on Wednesday. The pair falls sharply as the Euro (EUR) continues to underperform its peers, following the announcement of a trade agreement between the United States (US) and the European Union (EU) on Sunday.
USD/CAD Price Forecast: Tests rectangle's upper boundary near 1.3800 barrier
USD/CAD halts its four-day winning streak, trading around 1.3770 during the Asian hours on Wednesday.
USD/INR advances as Trump signals higher import duty on India
The Indian Rupee (INR) extends its downside against the US Dollar (USD) at open on Wednesday, sliding to near 87.30.
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 holds positive ground above 1.1550, all eyes on Fed rate decision
The EUR/USD pair gains ground to near 1.1560, snapping the four-day losing streak during the Asian trading hours on Wednesday. However, the potential upside for the major pair might be limited ahead of the crucial US events.
GBP/USD holds ground around 1.3350 as US Dollar weakens ahead of Fed decision
GBP/USD edges higher after four days of losses, trading around 1.3360 during the Asian hours on Wednesday.
US Dollar Index remains below 99.00 ahead of Fed policy decision
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its four-day winning streak and trading around 98.80 during the Asian hours on Wednesday.
Japanese Yen edges higher against a broadly retreating USD, ahead of Fed/BoJ decisions
The Japanese Yen (JPY) edges higher against the retreating US Dollar (USD) during the Asian session on Wednesday and moves away from a one-week low touched the previous day.
AUD/JPY weakens to near 96.50 on softer Australian CPI inflation data
The AUD/JPY cross edges lower to near 96.50 during the Asian trading hours on Wednesday. The Australian Dollar (AUD) weakens against the Japanese Yen (JPY) after the softer-than-expected Australian inflation data.
Australian Dollar strengthens despite weaker inflation data
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday, halting its four-day losing streak.
PBOC sets USD/CNY reference rate at 7.1441 vs. 7.1511 previous
On Wednesday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1441 as compared to the previous day's fix of 7.1511.
China's Finance Minister signals more proactive fiscal support amid rising uncertainty
China's Finance Minister Lan Fo'an said on Tuesday that the country will ramp up fiscal support to bolster domestic consumption and mitigate mounting economic headwinds.
NZD/USD extends the decline to near 0.5950, all eyes on Fed rate decision
The NZD/USD pair extends its downside to around 0.5955 during the early Asian session on Wednesday. Uncertainty surrounding the United States (US) and China tariff truce continues to undermine the China-proxy Kiwi.
EUR/USD extends selloff to 1.1550 as Dollar strengthens despite weak US data
The EUR/USD resumed its downtrend for the second straight day as market participants digest softer-than-expected economic data from the United States (US).
GBP/USD finds bottom ahead of key Fed rate call
GBP/USD found some balance on Tuesday, pumping the brakes on an extended backslide but falling just short of snapping its losing streak.
USD/CAD holds steady above 1.3750 ahead of BoC, Fed rate decisions
The USD/CAD pair trades on a flat note near 1.3770 during the early Asian session on Wednesday. Markets might turn cautious later in the day as traders brace for the imminent interest rate decision by the Bank of Canada (BoC) and the US Federal Reserve (Fed).
Australian CPI expected to remain stable for June
Australia will release inflation updates on Wednesday, two weeks ahead of the Reserve Bank of Australia (RBA) monetary policy meeting, scheduled for August 11-12.
US Treasury Secretary Scott Bessent: Not the end of the world if tariffs snap back
United States (US) Treasury Secretary Scott Bessent hit newswires on Tuesday following the conclusion of the latest round of trade talks between the US and China.
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