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USD/CAD appreciates to near 1.3950 as traders adopt caution ahead of US CPI figures
USD/CAD moves upwards for the fourth successive session, trading around 1.3960 during the early European hours on Wednesday.
USD/CHF extends the rally above 0.8800, US CPI data looms
The USD/CHF pair trades in positive territory for the fourth consecutive day around 0.8830 during the early European session on Wednesday.
Forex Today: US CPI inflation data and Fedspeak set to stir markets
Here is what you need to know on Wednesday, November 13: The Trump trades-inspired broader market rally takes a breather early Wednesday as the focus shifts back toward the economic data, anticipating the all-important US Consumer Price Index (CPI) report slated for release in American trading.
EUR/AUD Price Forecast: The cross keeps the bearish vibe near 1.6250
The EUR/AUD cross struggles to gain ground around 1.6250 on Wednesday during the early European session.
FX option expiries for Nov 13 NY cut
FX option expiries for Nov 13 NY cut at 10:00 Eastern Time via DTCC can be found below.
Gold price sticks to gains above $2,600 amid some repositioning ahead of US CPI
Gold price (XAU/USD) attracts some buyers during the Asian session on Wednesday and for now, seems to have snapped a three-day losing streak to its lowest level since September 20, around the $2,590-$2,589 region touched the previous day.
GBP/JPY trades with positive bias above 197.00 mark, lacks bullish conviction
The GBP/JPY cross attracts some dip-buying in the vicinity of the weekly low, around the 196.85-196.80 region, and reverses a part of the previous day's losses.
EUR/USD drops to near 1.0600, awaits US inflation data
The EUR/USD pair remains under pressure on Wednesday, holding steady just above the 1.0600 level during Asian trading hours.
NZD/USD remains on the defensive below 0.5950 as traders await US CPI data
The NZD/USD pair trades flat near 0.5930 during the Asian trading hours on Wednesday.
GBP/USD falls to near 1.2750 ahead of BoE Monetary Policy Report Hearings
GBP/USD extends its losing streak for the fourth successive session, trading around 1.2740 during the Asian hours on Wednesday.
EUR/CAD Price Forecast: Depreciates to near 1.4800, tests oversold levels
The EUR/CAD cross struggles to rebound from three consecutive days of losses, trading around the 1.4810 mark during the Asian hours on Wednesday.
US CPI data set to show inflation accelerated in October as traders dial back Fed rate cut bets
The Consumer Price Index (CPI) inflation data from the United States (US) for October, published by the Bureau of Labor Statistics (BLS), is highly anticipated and slated for release on Wednesday at 13:30 GMT.
Silver Price Forecast: XAG/USD climbs closer to $31.00 mark, upside potential seems limited
Silver (XAG/USD) builds on the previous day's bounce from the $30.20-$30.15 area, or its lowest level since October 8 and gains some follow-through positive traction during the Asian session on Wednesday.
Japanese Yen languishes near multi-month low against USD, focus remains on US CPI
The Japanese Yen (JPY) has hit a fresh low since July 30 against its American counterpart during the Asian session on Wednesday, albeit it managed to defend the 155.00 psychological mark.
USD/INR strengthens on persistent outflows, firmer US Dollar
The Indian Rupee (INR) trades in negative territory on Wednesday after reaching a fresh all-time low in the previous session.
Australian Dollar continues losing streak after weaker Q3 Wage Price Index data
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) for the fourth successive day on Wednesday.
PBOC sets USD/CNY reference rate at 7.1991 vs. 7.1927 previous
The People's Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1991, as compared to the previous day's fix of 7.1927 and 7.2305 Reuters estimates.
EUR/JPY gains traction above 164.00 amid BoJ rate hike uncertainty
The EUR/JPY cross edges higher to around 164.35 on Wednesday during the early Asian trading hours.
WTI drops to near $68.00 as OPEC cuts demand view
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $68.00 on Wednesday.
EUR/USD pierces 1.06, finds lowest bids in a year
EUR/USD trimmed further into low the side on Tuesday, shedding another third of a percent.
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