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Japanese Yen drops to fresh multi-month low against USD, bears not ready to give up
The Japanese Yen (JPY) remains on the back foot against its American counterpart for the fourth consecutive session as of Thursday and slides to the lowest level since July 24 during the Asian session.
USD/INR flat lines near all-time low ahead of Indian WPI inflation data
The Indian Rupee (INR) holds steady near its all-time low on Thursday.
Australian Dollar edges higher following employment data, RBA Bullock comments
The Australian Dollar (AUD) breaks its four-day losing streak against the US Dollar (USD) following the key economic data release on Thursday.
PBOC sets USD/CNY reference rate at 7.1966 vs. 7.1991 previous
On Thursday, the People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1966, as compared to the previous day's fix of 7.1991 and 7.2326 Reuters estimates.
USD/CAD rises to near 1.4000 on bullish US Dollar, eyes on US PPI da
The USD/CAD pair gains momentum to near 1.4000, the highest level since 2020 during the early Asian session on Thursday, bolstered by the stronger Greenback.
RBA's Bullock: Rates are restrictive enough, staying there until confident on inflation
Reserve Bank of Australia Governor Michele Bullock said on Thursday that the interest rates are restrictive enough and will stay there until the central bank is confident about inflation.
EUR/USD continues to grind out further losses
EUR/USD continued to drift into the basement on Wednesday, clipping into a 54-week low and settling within touch range of 1.0550.
GBP/USD sheds weight for a fourth straight day on Wednesday
GBP/USD eased further into the low end on Wednesday, trimming further south of the 200-day Exponential Moving Average (EMA) in a one-sided bearish decline as the pair closes in the red for a fourth consecutive trading day.
EUR/AUD Price Forecast: Climbs as traders eye 1.6300 and await Aussie jobs data
The shared currency stages a recovery against the Aussie Dollar on Wednesday, printing gains of over 0.18%, as traders await Australia's job report.
NZD/USD Price Analysis: Pair tallied another daily loss, indicators show bearish outlook
The NZD/USD pair extended its downtrend on Wednesday, declining by 0.8% to 0.5880, continuing its move towards the August 5 lows.
NZD/JPY Price Analysis: Pair retreats, bearish SMA crossover completed
The NZD/JPY pair witnessed a slight pullback during Wednesday's session, dipping below the 91.50 level.
Australian unemployment rate set to steady for third consecutive month in October
The Australian Bureau of Statistics (ABS) will release the October monthly employment report at 00:30 GMT on Thursday.
Australian Dollar declines as US Dollar continues strengthening
The AUD/USD declined by 0.69% to 0.6490 in Wednesday's session.
Forex Today: Powell and the labour market should keep investors entertained
The US Dollar extended further its move higher, regaining traction after a negative first half of the session and climbing to new 2024 peaks after US CPI ticked higher in October as well as prudent remarks from Fed officials.
Dow Jones Industrial Average claws back ground after US CPI print
The Dow Jones Industrial Average (DJIA) clawed back over 200 points at its peak on Wednesday, recovering ground after an early-week plunge from record highs.
Fed's Schmid: I won't let enthusiasm over rising productivity get ahead of data
Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid made a rare appearance on Wednesday, flagging potential pitfalls on the path toward lower interest rates.
Fed's Musalem: Recent information suggests that the risk of inflation moving higher has risen
Federal Reserve (Fed) Bank of St. Louis President Alberto Musalem hit the wires on Wednesday, noting that sticky inflation figures make it difficult for the Fed to continue to ease rates.
US Dollar holds gains higher after Fed's comments, US CPI
The US Dollar Index (DXY), which measures the value of the USD against a basket of six currencies, has surged higher on Wednesday in response to hawkish comments from Federal Reserve (Fed) officials.
Mexican Peso holds firm as US CPI shows disinflation stalling
The Mexican Peso stayed firm against the US Dollar during the North American session on Wednesday as investors digested the latest US inflation report.
EUR/USD finds a new year-long low as Euro continues to corrode
EUR/USD continued to backslide on Wednesday, falling into 1.0550 and finding only a meager bounce from 54-week lows after US Consumer Price Index (CPI) inflation for October printed closely to median market forecasts.
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