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US Dollar Index Price Forecast: Remains steady near 97.50, nine-day EMA barrier

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after three days of losses and trading around 97.40 during the early European hours on Wednesday.

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EUR/JPY holds above 172.00 after the US-Japan deal, PM Ishiba's resignation

The Euro retreated from 172.65 against the Yen ahead of the European session opening, but has been contained above 172.00, as the JPY whipsaws on the back of the trade deal with the US and the resignation of Prime Minister Shigeru Ishiba.From a wider perspective, the pair seems to be losing steam af

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Pound Sterling holds onto gains against USD despite US-Japan trade deal

The Pound Sterling (GBP) clings to gains near 1.3520 against the US Dollar (USD) during the European trading session on Wednesday.

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WTI wobbles above $65 ahead of EIA inventory data

West Texas Intermediate (WTI), futures on NYMEX, trades in a tight range around $65.30 during the European trading session on Wednesday. The Oil price consolidates as investors await the weekly crude Oil inventory data, reported by the United States' (US) Energy Information Administration (EIA).

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NZD/USD rises to above 0.6000 amid trade optimism

The NZD/USD pair gathers strength to around 0.6025 during the early European session on Wednesday.

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Japan's Ishiba says he didn't discuss his resignation at all

Japanese Prime Minister Shigeru Ishiba said on Wednesday that he did not discuss his resignation at all, adding that there was absolutely no truth to media reports about his intention.

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FX option expiries for Jul 23 NY cut

FX option expiries for Jul 23 NY cut at 10:00 Eastern Time via DTCC can be found below.

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Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session.

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EUR/GBP Price Forecast: Positive view prevails above 0.8670, traders await ECB rate decision

The EUR/GBP cross attracts some sellers to near 0.8670 during the early European session on Wednesday.

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GBP/JPY Price Analysis: Tests 199.00 after breaking above nine-day EMA

GBP/JPY has retraced its recent losses, trading around 198.80 during the Asian hours on Wednesday. A look at the daily chart suggested the currency cross is moving upwards within an ascending channel pattern, suggesting a persistent bullish bias.

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BoJ's Uchida: US-Japan trade agreement is a big progress, helps reduce uncertainty

Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday that the trade deal between the United States (US) and Japan is a big step forward and it helps reduce uncertainty for Japan's firms, per Reuters.

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USD/CHF trades weakly near 0.7940 even as US signs more trade deals

The USD/CHF seems vulnerable near an over two-week low around 0.7940 during the late Asian trading session on Wednesday. The Swiss Franc pair faces selling pressure as the US Dollar (USD) underperforms despite Washington announcing that it has signed trade deals with Japan, and Philippines.

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USD/CAD Price Forecast: Hangs near two-week low, seems vulnerable around 1.3600

The USD/CAD pair enters a bearish consolidation phase during the Asian session and oscillates in a narrow trading band around the 1.3600 mark, near a two-week low touched earlier this Wednesday.

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USD/INR refreshes monthly high on consistent FIIs selling of Indian equities

The Indian Rupee (INR) declines to its lowest level in a month against the US Dollar (USD) at open on Wednesday. The USD/INR pair jumps to near 86.55 even as the US Dollar underperforms its Group of Seven (G7) peers, suggesting significant weakness in the Indian Rupee.

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GBP/USD extends upside above 1.3500 on softer US Dollar

The GBP/USD pair extends the rally to near 1.3525 during the early European session on Wednesday.

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Gold price retreats from monthly top as modest USD strength prompts profit-taking

Gold price (XAU/USD) retreats from its highest level since June 16, around the $3,439 region touched during the Asian session on Wednesday, and for now, seems to have snapped a three-day winning streak.

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Silver Price Forecast: XAG/USD trades above $39.00, reaches fresh 14-year highs

Silver price (XAG/USD) edges lower after reaching $39.39, the highest since September 2011, and currently trading around $39.20 per troy ounce during the Asian session on Wednesday. The price of Silver comes under pressure due to dampened safe-haven demand, driven by a wave of trade deals.

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India Gold price today: Gold falls, according to FXStreet data

Gold prices fell in India on Wednesday, according to data compiled by FXStreet.

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EUR/USD holds losses near 1.1750 ahead of Eurozone Consumer Confidence

EUR/USD pulls back from two-week high of 1.1761 reached on Tuesday, trading around 1.1740 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground.

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AUD/JPY rallies amid broadly weaker JPY, lacks follow-through beyond mid-96.00s

The AUD/JPY cross attracts fresh buying near the 95.85 area during the Asian session on Wednesday and builds on the previous day's modest recovery from a nearly two-week low.

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