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EUR/USD looks for higher ground above 1.06
EUR/USD chewed through chart paper between 1.0550 and 1.0600 levels on Tuesday, testing into the low side but staging a recovery to add a thin 0.14% on the day.
Ukraine hits Russia with US ATACMS missiles, Moscow says
Ukraine used US ATACMS missiles to strike Russian territory on Tuesday, the Russian government said, marking a significant uptick in hostilities on the 1,000th day of the conflict, per Reuters.
GBP/USD churns below 1.27 ahead of UK CPI inflation print
GBP/USD churned chart paper just south of 1.2700 on Tuesday as Cable traders brace for a decently-sized UK data dump due on Wednesday, headlined by UK Consumer Price Index (CPI) inflation figures for October.
USD/CAD softens to near 1.3950 on hotter Canadian CPI data, eyes on geopolitical risks
The USD/CAD pair trades with mild losses around 1.3955 during the early Asian session on Wednesday.
EUR/AUD Price Forecast: Dips below 50-day SMA, sellers eye 1.6200
On Tuesday, the EUR/AUD tumbled over 0.39% following the release of the last meeting minutes of the Reserve Bank of Australia (RBA).
Gold price soars as geopolitical tensions increase safe-haven demand
Gold posted back-to-back positive days of gains, climbing some 0.70% on Tuesday due to risk aversion amid heightened tensions in the Russia-Ukraine conflict.
NZD/USD Price Analysis: Pair trades higher in recovery as buyers attempt to take control
The NZD/USD climbed by 0.31% to 0.5910 in Tuesday's session, continuing its recovery as buyers gained further ground and pushed back the sellers' attempts.
Canadian Dollar extends rebound on upshot CPI print
The Canadian Dollar (CAD) caught a bid on Tuesday, rising for a second straight day against the Greenback after Canadian Consumer Price Index (CPI) inflation rose again in October.
Australian Dollar strengthens past 0.6500 mark following hawkish RBA Minutes release
The AUD/USD climbed by 0.15% to 0.6520 in Tuesday's Asian trading, driven by several factors.
Forex Today: UK inflation comes next amid doubts around extra BoE easing
The US Dollar navigated without a clear direction in a context dominated by the resurgence of Russia-Ukraine geopolitical concerns and the subsequent search for safe havens.
Dow Jones Industrial Average stumbles on Tuesday
The Dow Jones Industrial Average (DJIA) took a knee early Tuesday, backsliding to 42,850 during the early US market session after Russia lowered its threshold for nuclear weapon use after Ukraine deployed US-provided weapons within Russia's borders.
Fed's Schmid: Large fiscal deficits won't cause inflation, because Fed will raise rates
Federal Reserve (Fed) Bank of Kansas President Jeffrey Schmid struck an overall positive tone on Tuesday, stating that he believes inflation and employment are both heading toward desired levels.
Mexican Peso recovers to seven-day high despite Banxico's dovish stance
The Mexican Peso advanced against the US Dollar during the North American session on Tuesday, yet it recovered some ground after the USD/MXN hit a daily high of 20.34 due to risk aversion.
US Dollar fluctuates amid escalating tensions between Russia and Ukraine, cooling dovish Fed bets
The US Dollar Index (DXY), which measures the value of the USD against a basket of currencies, trades with mild gains around 106.20 on Tuesday, lifted by a combination of factors.
USD/CAD to reach the 1.42 in mid-term - Rabobank
USD/CAD has reached our end of year target of 1.40 and we fully expect the pair to reach the 1.42 level we highlighted for Q1, Rabobank's FX analysts Molly Schwartz and Christian Lawrence note.
EUR/JPY Price Analysis: Buyers intervene, lifting pair above 163.00, still holds losses
The EUR/JPY declined by 0.47% to 163.10 in Tuesday's session, dragged lower by the strength of the Japanese yen.
EUR/GBP Price Forecast: Extends gains past the 50-day SMA and 0.8300
The EUR/GBP extended its gains for the fourth straight day, edged up above the 50-day Simpl Moving Average (SMA), and was exchanging hands at 0.8373 at the time of writing.
GBP/USD: Trading softer on the day - Scotiabank
BoE MPC's Greene sounded cautious on the near-term outlook for policy in remarks yesterday, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR/USD: EUR is a moderate underperformer among the majors - Scotiabank
Final Eurozone CPI for October was confirmed at 0.3% M/M and 2.0% in the year.
USD/CAD: CPI may come in slightly firmer than forecast - Scotiabank
The Canadian Dollar (CAD) had a mildly better day yesterday to advance to the low 1.40s after peaking just above 1.41.
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