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The Euro (EUR) is strengthening against its US Dollar (USD) counterpart on Wednesday, as traders shift focus to concerns surrounding the potential replacement of Federal Reserve (Fed) Chair Jerome Powell.

Created : 2025.07.17 01:20

Last updated : 2025.07.17

The GBP/USD reverses its course and rallies as the latest US Producer Price Index (PPI) reignites hopes of a rate cut by the Fed, while headlines suggest that Trump could fire Fed Chair Powell. At the same time, inflation on the consumer side in the UK surprised investors, exceeding forecasts.

Created : 2025.07.17 00:26

Last updated : 2025.07.17

Citing multiple sources with direct knowledge of the matter, CBS News reported on Wednesday that United States (US) President Donald Trump asked Republican lawmakers whether he should fire Federal Reserve (Fed) Chairman Jerome Powell.

Created : 2025.07.17 00:20

Last updated : 2025.07.17

The Australian Dollar (AUD) extends its losing streak against the US Dollar (USD) for the fourth consecutive session on Wednesday, weighed down by renewed strength in the Greenback.

Created : 2025.07.16 23:28

Last updated : 2025.07.16

Silver (XAG/USD) is holding firm near the $38.00 level on Wednesday, drawing support after US Producer Price Index (PPI) data for June came in softer than expected. At the time of writing, the metal is trading around $37.90 per ounce.

Created : 2025.07.16 22:20

Last updated : 2025.07.16

Industrial Production in the United States (US) expanded by 0.3% on a monthly basis in June, the data published by the Federal Reserve showed on Wednesday. This reading followed the 0.2% contraction recorded in May and came in better than the market expectation for an expansion of 0.1%.

Created : 2025.07.16 22:20

Last updated : 2025.07.16

Gold price action is reacting to another critical US inflation report on Wednesday as price action remains sensitive to shifting interest rate expectations and movements in the US Dollar.

Created : 2025.07.16 22:18

Last updated : 2025.07.16

The Producer Price Index (PPI) for final demand in the US rose 2.3% on a yearly basis in June, the data published by the US Bureau of Labor Statistics showed on Wednesday. This reading followed the 2.6% increase recorded in May and came in below the market expectation of 2.5%.

Created : 2025.07.16 21:36

Last updated : 2025.07.16

The US Dollar is consolidating on Wednesday, pulling back slightly after surging to a near three-week high on Tuesday following the release of US inflation data.

Created : 2025.07.16 20:59

Last updated : 2025.07.16

The US Dollar is trading practically flat near 1.3720 against the Canadian Dollar on Wednesday, with downside attempts limited above 1.3700 and on track to close a four-day winning streak, as hotter US inflation figures have hammered hopes of Fed cuts in the near-term

Created : 2025.07.16 20:44

Last updated : 2025.07.16

Gold price (XAU/USD) trades in a tight range around $3,335 during European trading hours on Wednesday. The precious metal consolidates as investors await the United States (US) Producer Price Index (PPI) data for June, which will be published at 12:30 GMT.

Created : 2025.07.16 20:33

Last updated : 2025.07.16

The Japanese Yen (JPY) is trading flat against the US Dollar (USD) and attempting stabilization just below the lower end of the (broken) range that had held since early May.

Created : 2025.07.16 20:21

Last updated : 2025.07.16

The Pound Sterling (GBP) is also steady and attempting stabilization following a recent run of weakness, holding on just above its late June low - a break of which would call for a shift in the bull trend, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Created : 2025.07.16 20:19

Last updated : 2025.07.16

The Euro (EUR) is entering Wednesday's NA session flat against the US Dollar (USD) and attempting stabilization in the lower 1.16s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Created : 2025.07.16 20:18

Last updated : 2025.07.16

US Dollar (USD) may edge higher against Chinese Yuan (CNH), but any advance is likely part of a higher range of 7.1720/7.1920. In the longer run, USD is expected to trade in a range between 7.1550 and 7.1920, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

Created : 2025.07.16 20:16

Last updated : 2025.07.16

The Canadian Dollar (CAD) continues to range trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Created : 2025.07.16 20:14

Last updated : 2025.07.16

There is room for US Dollar (USD) to rise further against Japanese Yen (JPY), but a sustained break above 149.30 is unlikely.

Created : 2025.07.16 20:12

Last updated : 2025.07.16

After gaining steadily since the start of the month, the USD's rebound may be showing clearer signs of at least stalling this morning.

Created : 2025.07.16 20:09

Last updated : 2025.07.16

The Euro recovery attempts against the British Pound have been capped at 1.1680 during Wednesday's European session, and the pair has pulled back to levels near the 0.8660 with the Pound buoyed by strong UK inflation figures.The broader trend, however, remains positive.

Created : 2025.07.16 19:58

Last updated : 2025.07.16

The USD/JPY pair faces selling pressure while extending its upside above 149.00 during the European trading session on Wednesday.

Created : 2025.07.16 19:56

Last updated : 2025.07.17