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RBA: Cash rate lowered, outlook still cautious - Commerzbank

This morning, the Reserve Bank of Australia lowered its key interest rate by 25 basis points to 3.6%, Commerzbank's FX analyst Volkmar Baur notes.

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EUR: Eyes on ZEW and Ukraine headlines - ING

This morning we'll see an important gauge of the impact on eurozone sentiment of the US-EU deal in the German ZEW release for August.

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Dow Jones futures bounce back ahead of US inflation data for July

Dow Jones futures attract significant bids in the overnight session on Tuesday. United States (US) equity futures rebound as both the United States (US) and China have confirmed that they agreed to postpone the tariff truce for 90 days.

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NZD/USD holds losses below 0.5950 ahead of US CPI data

NZD/USD extends its losses for the second successive session, trading around 0.5930 during the early European hours on Tuesday. The pair faces challenges as the US Dollar (USD) remains stable amid market caution ahead of the US consumer inflation data, due later in the North American session.

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Pound Sterling gains on upbeat UK employment data

The Pound Sterling (GBP) attracts significant bids against its major peers on Tuesday after the release of the upbeat United Kingdom (UK) labor market data for the three-months ending June.

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GBP/JPY holds above 199.00 as UK employment data beats expectations

The Pound remains near year-to-date highs, consolidating gains, after rallying for six consecutive days.

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Forex Today: RBA cuts policy rate by 25 bps, eyes on US inflation data

Here is what you need to know on Tuesday, August 12:

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EUR/GBP softens to below 0.8650 after UK employment data

The EUR/GBP cross loses traction to around 0.8640 during the early European session on Tuesday. The Pound Sterling (GBP) strengthens against the Euro (EUR) after the UK employment data. Traders will keep an eye on the Zew Survey from the Eurozone and Germany later on Tuesday.

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Crude Oil price today: WTI price bullish at European opening

West Texas Intermediate (WTI) Oil price advances on Tuesday, early in the European session. WTI trades at $63.49 per barrel, up from Monday's close at $63.31.

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UK Unemployment Rate steadies at 4.7% in the quarter to June vs. 4.7% expected

The United Kingdom's (UK) ILO Unemployment steadied at 4.7% in the three months to June after reporting 4.7% in the quarter to May, data published by the Office for National Statistics (ONS) showed on Tuesday.

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RBA's Bullock: Forecasts imply cash rates might need to be lower for price stability

Reserve Bank of Australia (RBA) Governor Michele Bullock is addressing a press conference following the announcement of the August monetary policy decision on Tuesday.

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USD/CAD hovers below 1.3800 amid improved Oil prices ahead of US inflation data

USD/CAD stays silent after registering gains in the previous three consecutive days, trading around 1.3780 during the Asian hours on Tuesday. The pair may face challenges as the commodity-linked Canadian Dollar (CAD) receives support from improved crude Oil prices.

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EUR/CAD Price Forecast: Wobbles above 1.6000 ahead of Eurozone ZEW Survey data

The EUR/CAD pair trades in a tight range around 1.6020 during the late Asian trading session on Tuesday. The pair consolidates ahead of the Eurozone EW Survey - Economic Sentiment data for August, which will be published at 09:00 GMT.

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USD/CHF trades with negative bias above 0.8100; focus remains on US CPI report

The USD/CHF pair attracts some sellers during the Asian session on Tuesday and erodes a part of the previous day's strong move higher to over a one-week top.

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FX option expiries for Aug 12 NY cut

FX option expiries for Aug 12 NY cut at 10:00 Eastern Time via DTCC can be found below.

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AUD/NZD retreats from multi-week top, flat lines around 1.0965 post-RBA rate decision

The AUD/NZD cross surrenders modest intraday gains to a nearly four-week high, around the 1.0980-1.0985 region touched during the Asian session this Tuesday after the Reserve Bank of Australia (RBA) announced its policy decision.

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AUD/JPY trims gains to near 96.50 as RBA cuts rate to 3.60% as expected

The AUD/JPY cross pares gains to 96.60 during the Asian trading hours on Tuesday. The Australian Dollar (AUD) remains firm against the Japanese Yen (JPY) after the Reserve Bank of Australia (RBA) interest rate decision.

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USD/INR flattens as investors await India-US CPI data for July

The Indian Rupee (INR) flattens around 87.80 against the US Dollar (USD) at open on Tuesday. The USD/INR pair trades sideways ahead of the release of the Consumer Price Index (CPI) data for July from both India and the United States (US), which will be published during the day.

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EUR/JPY rises to near 172.50 as trade tensions ease, Japanese Yen weakens

EUR/JPY extends its gains for the third successive session, trading around 172.50 during the Asian hours on Tuesday. The currency cross gains ground as the Japanese Yen (JPY) depreciates due to lessened safe-haven demand, driven by dampening global trade concerns.

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Gold price edges higher as USD bulls turn cautious ahead of US consumer inflation data

Gold price (XAU/USD) attracts some buyers during the Asian session and recovers a part of Monday's heavy losses to the $3,341 area, or over a one-week low.

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