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AUD/USD Price Forecast: Downtrend resuming, odds favor bears
AUD/USD resumes its down move which began at the September 30 highs.
USD/CAD: BoC policy decision is nigh - Scotiabank
The Canadian Dollar (CAD) is holding relatively steady against the strong USD ahead of the Bank of Canada policy decision and MPR at 9.45ET.
US Dollar stretches gains - Scotiabank
The US Dollar (USD) is extending gains this morning, pressuring the EUR below 1.08 and driving USDPY above 152 as US yields rebound from yesterday's dip, leaving the 10Y yield within a whisker of 4.25%, Scotiabank's Chief FX Strategist Shaun Osborne notes.
The BRICS summit in Kazan - Commerzbank
The heads of state and government of the BRICS countries are currently meeting in Kazan, Russia.
NZD/USD Price Forecast: Posts fresh two-month low near 0.6020
The NZD/USD pair falls back to near 0.6020 after a short-lived recovery in Wednesday's European session.
Canada: Bank of Canada to cut rate by 50bp - Commerzbank
This afternoon UK time, the Bank of Canada (BoC) will announce its regular interest rate decision - and after the developments of the past few weeks, there is much to suggest that it will accelerate the pace of rate cuts, Commerzbank's FX Analyst Michael Pfister notes.
EUR/USD: Is moving to parity probable? - Rabobank
The current resilience of the US economy is in stark contrast to that of Germany.
US: What would happen to the Dollar if Trump were to win? - Commerzbank
What would be different under Trump? For FX analysts, specifically: Would a second Trump term lead to US dollar strength or weakness? When US goods become more expensive relative to goods from the rest of the world, it can happen in two ways.
THB supplants PHP as the most over-valued currency in Asia - DBS
Scope for USD/THB to trade higher given official concerns over THB, DBS' FX & Credit Strategist Chang Wei Liang notes.
EUR/JPY refreshes 14-week high near 164.50 despite ECB dovish bets mount
The EUR/JPY pair posts a fresh 14-week high near 164.50 in Wednesday's European session.
USD/JPY: No clear technical resistance level into 155.00 - ING
For now, the most interesting G10 pair remains USD/JPY, ING's FX Francesco Pesole notes.
CEE: Bonds auction test market appetite for risk - ING
Yesterday's National Bank of Hungary meeting brought no change in rates to 6.50% as expected.
USD/CNH: Momentum is slowing - UOB Group
Room for USD to rise to 7.1500; a sustained break above this level seems unlikely.
The Canadian Dollar to outperform versus other commodity currencies - ING
Markets are pricing in 45bp of easing by the Bank of Canada today.
Gold rallies above $2,750 as Blinken takes cover in Tel Aviv
Gold (XAU/USD) continues trending higher and enters the territory of the $2,750s on Wednesday, reaching new all-time highs.
Pound Sterling gains on BoE Greene's hawkish interest rate guidance
The Pound Sterling (GBP) outperforms the majority of its peers, except the US Dollar (USD) and the Canadian Dollar (CAD), on Wednesday.
NZD/USD: 0.6005 is likely within reach - UOB Group
The New Zealand Dollar (NZD) is expected to trade in a range between 0.6020 and 0.6060.
USD/JPY at around 152.50 may offer a good risk-reward - DBS
USD/JPY had rebounded above 151, with the JPY being highly sensitive to the sharp rise in US yields, DBS' FX & Credit Strategist Chang Wei Liang notes.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Wednesday, according to FXStreet data.
AUD/USD: Expected to trade in a sideways range of 0.6660/0.6695 - UOB Group
The Australian Dollar (AUD) is expected to trade in a sideways range of 0.6660/0.6695.
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