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CAD slide on CPI looks overdone but technicals are weak - Scotiabank

The Canadian Dollar (CAD) started off yesterday's session underperforming and continued to slide over the rest of the day following the release of softer than expected headline CPI for July, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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USD/JPY: Likely to trade in a range between 147.35 and 148.20 - UOB Group

The current price movements in Japanese Yen (JPY) are likely part of a range-trading phase between 147.35 and 148.20. In the longer run, USD has likely moved back into a range-trading phase between 146.50 and 148.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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USD mixed, NZD tumbles after RBNZ - Scotiabank

The US Dollar (USD) is trading mixed versus is major currency peers but gains versus the core majors overnight appear to have peaked, leaving the Dollar Index (DXY) trading down modestly on the session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

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USD/JPY trades slightly lower around 147.50 ahead of key US-Japan economic events

The USD/JPY pair ticks down to near 147.50 during the European trading session on Wednesday.

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NZD/USD licks its wounds above 0.5815 after a post-RBNZ selloff 

The New Zealand Dollar is the worst performer of the G8 currencies so far on Wednesday. The pair has lost more than 1% against the US Dollar, following a "dovish cut" by the Reserve Bank of New Zealand earlier today, which sent the pair to four-month lows at 0.5815.

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Gold Price Forecast: XAU/USD approaches key resistance around $3,330

Gold  (XAU/USD) is trimming some losses on Wednesday, drawing support from the sour market sentiment. The precious metal has bounced from two-week lows right above $3,300, but remains capped below previous support at the $3,330 area, which leaves the broader bearish trend intact.

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AUD/USD: Risk for AUD is tilted to the downside toward 0.6420 - UOB Group

Rapid increase in downward momentum is likely to lead to further losses, but Australian Dollar (AUD) may not reach 0.6420. In the longer run, risk for AUD is tilted to the downside toward 0.6420, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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USD: Going up is harder than going down - Commerzbank

Hardly anyone will be interested in what the minutes of the last FOMC meeting at the end of July reveal this evening. The decisive factor for the market will be what Fed Chairman Jerome Powell says in his speech on Friday at the conference in Jackson Hole, which begins tomorrow.

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GBP/USD: Likely to trade in a range between 1.3415 and 1.3585 - UOB Group

Downward momentum continues to increase, and there is a chance for Pound Sterling (GBP) to drop to 1.3460. In the longer run, GBP is now neutral; it is likely to trade in a range between 1.3415 and 1.3585, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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AUD/USD slumps to near 0.6420 as antipodeans underperform, FOMC minutes eyed

The AUD/USD pair declines for the third trading day in a row on Wednesday. The Aussie pair slides to near 0.6425 as antipodeans underperform its peers.

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RBNZ: More dovish than expected - Commerzbank

The kiwi is under significant pressure this morning, losing around 1% against the US dollar following the Reserve Bank of New Zealand's (RBNZ) meeting.

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EUR/USD: Unlikely to reach the next support at 1.1595 - UOB Group

Euro (EUR) could break below 1.1630, but it is unlikely to reach the next support at 1.1595. In the longer run, tentative increase in downward momentum could lead to EUR edging lower and testing 1.1595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

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EUR/GBP Price Forecast: Testing key support at the 0.8600 area

The Euro is trading lower for the third consecutive day against the Pound Sterling on Wednesday, after the rejection at the 0.8650 area on Tuesday.

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Silver price today: Silver falls, according to FXStreet data

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

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RBNZ cuts 25bp, debates 50bp move - ING

The RBNZ delivered a 25bp cut to 3.00% but revealed a serious debate over a larger 50bp move, sending NZD/USD down 1.1%.

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DXY: Sideways trading on the daily charts - OCBC

US Dollar (USD) continued to inch higher against most currencies overnight in quiet trading as markets stay sidelined, waiting for Powell's speech at Jackson Hole. DXY was last at 98.33 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

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USD: Quiet consolidation - ING

The dollar has quietly gone a little bid this week. We're not sure what's driving it, but we wouldn't read too much into it at this stage. Perhaps it's just that sitting short dollars is expensive with one-week dollar rates still well above 4.00%, ING's FX analyst Chris Turner notes.

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US Dollar Index price forecast: Tests 50-day EMA resistance near 98.50

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending gains for the third successive session and trading around 98.30 during the European hours on Wednesday.

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RBNZ: Dovish, but not diving - Standard Chartered

RBNZ cuts 25bps to 3%, two votes for 50bps; the OCR track now troughs at 2.55% in Q1-2026. Domestic weakness drove the RBNZ cut, as Q2 GDP likely contracted and the output gap is widening.

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Dow Jones futures slip ahead of retailers' report, FOMC Minutes

Dow Jones futures decline during European trading on Wednesday, ahead of the opening of North American markets, trading below 44,900, down by 0.23%. Moreover, S&P 500 futures fall 0.23% to trade near 6,400, while Nasdaq 100 futures depreciate by 0.31%, trading near 23,400.

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