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USD/CNH: Decline is likely part of a lower range of 7.2400/7.2800 - UOB Group
Further US Dollar (USD) weakness vs Chinese Yuan (CNH) is not ruled out, but any decline is likely part of a lower range of 7.2400/7.2800.
NZD/USD: Orr resigns from his position in the RBNZ - BBH
RBNZ Governor Adrian Orr unexpectedly resigned, BBH's FX analysts report.
USD/JPY: To trade between 148.80 and 150.70 - UOB Group
Outlook is unclear; US Dollar (USD) could trade between 148.80 and 150.70 vs Japanese Yen (JPY).
AUD/USD: RBA projects growth to return to its trend rate of 2% over 2025 - BBH
AUD/USD is firmer on US Dollar (USD) weakness, BBH's FX analysts report.
NZD/USD: A slim chance of NZD reaching 0.5565 - UOB Group
New Zealand Dollar (NZD) is expected to trade in a higher range of 0.5625/0.5670 vs US Dollar (USD).
China NPC: Work report delivers on key market expectations - UOB Group
The third annual session of the 14th National People's Congress (NPC) is held in Beijing on 5-11 Mar.
USD: Verging on the untradable - ING
The trade-weighted Dollar Index (DXY) broke decisively under 106 yesterday as European currencies rallied on the prospects of major fiscal stimulus.
WTI slumps to near $67.50 as Trump tariffs weigh on global Oil demand outlook
West Texas Intermediate (WTI), futures on NYMEX, falls sharply to near $67.50 in Wednesday's European session.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
USD/JPY Price Analysis: Tests resistance at 149.50 near nine-day EMA
USD/JPY gains ground after registering losses in the previous two successive days, trading around 149.40 during the European session on Wednesday.
AUD/USD: Any advance is likely part of a higher range of 0.6230/0.6285 - UOB Group
Australian Dollar (AUD) could strengthen further vs US Dollar (USD); any advance is likely part of a higher range of 0.6230/0.6285.
European natural gas market sells off - ING
The European natural gas market sold off yesterday with TTF settling nearly 3.9% lower on the day, ING's commodity experts Ewa Manthey and Warren Patterson note.
GBP/USD: The next major resistance at 1.2900 is likely out of reach - UOB Group
Rapid rise could continue; the next major resistance at 1.2900 is likely out of reach.
Crude oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Wednesday, early in the European session.
GBP: BoE hawks, doves and centrists speak today - ING
At 3:30pm CET today, Bank of England MPC members Andrew Bailey, Huw Pill, Megan Greene and Alan Taylor tesify to the Treasury Select Comittee on February's 25bp rate cut, ING's FX analyst Chris Turner notes.
ADP Employment Change projected to show US job growth slowing in February
The US labor market is set to take center stage this week as fresh concerns mount that the economy may be losing its momentum -- a sentiment echoed by recent slower growth and worrisome fundamental data.
EUR/USD: Strong upward momentum shows no signs of slowing - UOB Group
Strong upward momentum shows no signs of slowing, but it is unclear if Euro (EUR) can break above 1.0665 today vs US Dollar (USD).
EUR/USD refreshes over three-month high amid concerns on US economic outlook
EUR/USD extends the prior day's strong upside move to near 1.0670 in European trading hours on Wednesday, the highest level seen this year.
EUR: A fiscal coalition of the willing - ING
As above, EUR/USD broke decisivley higher on prospects of a fiscal bazooka out of Europe.
USD/CHF remains below 0.8900 following Swiss CPI data release
The USD/CHF pair continues its downward trend for the third consecutive session, trading around 0.8880 during European hours on Wednesday.
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