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USD/JPY: Likely to consolidate between 147.00 and 148.20 - UOB Group

The current price movements are likely part of a consolidation phase between 147.00 and 148.20. In the longer run, sharp drop in USD has scope to extend, but any decline may not break below 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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CAD firms modestly on generally weaker USD - Scotiabank

The Canadian Dollar (CAD) is drifting a little higher after finding some support following yesterday's test through the low 1.38s, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

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NZD/USD: Likely between 0.5860 and 0.5960 - UOB Group

New Zealand Dollar (NZD) could edge higher against US Dollar (USD) but is unlikely to be able to break above 0.5930. In the longer run, NZD is expected to range trade, most likely between 0.5860 and 0.5960, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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Gold eases below $3,400 as rally pauses, Trump escalates tariff threats

Gold (XAU/USD) slips modestly on Wednesday, snapping a four-day winning streak as bulls struggle to extend gains beyond the key $3,400 psychological barrier.

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USD softer as markets ponder rates, growth - Scotiabank

The US Dollar (USD) is trading mixed to lower against the major currencies. Trading remains subdued across the majors, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.

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Gold Price Forecast: XAU/USD hesitates around $3,400, still holds 20-day EMA

Gold price (XAU/USD) corrects to near $3,360.00 on Wednesday after a three-day winning streak. The precious metal retraces even as traders remain increasingly confident that the Federal Reserve (Fed) will resume its monetary-expansion cycle in the September policy meeting.

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AUD/USD: Above 0.6520, AUD may turn away from 0.6405 - UOB Group

Downward momentum is slowing; a breach of 0.6520 would indicate that Australian Dollar (AUD) is not breaking below 0.6405, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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AUD/USD gains sharply to near 0.6500 as Trump hints optimism on US-China trade deal

The AUD/USD pair jumps to near 0.6500 during the European trading session. The Aussie pair strengthens as antipodeans outperform its peers amid optimism that the United States (US) and China will reach a tariff deal soon.

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USD: Fed Chair nominee could be announced soon - ING

A few headlines emerged from President Trump's CNBC interview yesterday. First, Treasury Secretary Scott Bessent is off the shortlist to replace Federal Reserve Chair Jay Powell.

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GBP/USD: Expected to continue to trade in a range - UOB Group

Pound Sterling (GBP) is expected to continue to trade in a range against US Dollar (USD), albeit a higher one of 1.3270/1.3320. In the longer run, the likelihood of GBP breaking clearly below 1.3140 has diminished considerably, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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JPY: Real wage growth remains negative - Commerzbank

This morning, data on wage growth in Japan was published, once again underscoring our scepticism that the Bank of Japan (BoJ) will raise interest rates again anytime soon.

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EUR/USD: Any advance is likely limited to a test of 1.1605 - UOB Group

There has been a slight increase in momentum; Euro (EUR) could edge higher against US Dollar (USD), but any advance is likely limited to a test of 1.1605.

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NZD/USD recovers but faces policy headwinds - BBH

NZD/USD recovered above 0.5900 but faces some near-term headwinds. New Zealand's Q2 labor market data bolsters the case for additional RBNZ policy rate cuts, BBH FX analysts report.

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NZD: Expect two RBNZ cuts by year-end - ING

New Zealand's 2Q jobs data released overnight showed some slack is building, although not at an alarming pace, ING's FX analyst Francesco Pesole notes.

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USD/JPY holds steady as Japan wage data disappoints - BBH

USD/JPY is range bound around 147.60, BBH FX analysts report.  

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Silver price today: Silver broadly unchanged, according to FXStreet data

Silver prices (XAG/USD) broadly unchanged on Wednesday, according to FXStreet data.

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Central banks buy more Gold in June - ING

Central banks added a net 22 tonnes of Gold to global reserves in June, according to the World Gold Council. The Central Bank of Uzbekistan was the leading buyer with net purchases of 9 tonnes, breaking a four month selling streak, ING's commodity experts Ewa Manthey and Warren Patterson note.

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USD/JPY: Near term consolidation - OCBC

USD/JPY rebounded slightly overnight, but largely still in consolidation after the post-NFP move. Pair was last at 147.76 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

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USD struggles near post-NFP lows - BBH

US Dollar (USD) is trading at the lower-end of the tight range carved-out since Friday's post-NFP low, BBH FX analysts report.

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AUD/JPY Price Forecast: Tests nine-day EMA barrier, near 96.00 psychological level

AUD/JPY continues to gain ground for the second successive day, trading around 95.90 during the European hours on Wednesday. The technical analysis of the daily chart shows that the currency cross remains within the descending channel pattern, suggesting a prevailing bearish bias.

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