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  1. JPY gains on broader developments ahead of GDP - Scotiabank
    • Breaking news

    JPY gains on broader developments ahead of GDP - Scotiabank

    • Breaking news

    The Japanese Yen (JPY) is up 0.4% against the US Dollar (USD) and a relative underperformer among the G10 in an environment of broad-based USD weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  2. GBP extends Tuesday's jobs-driven rally - Scotiabank
    • Breaking news

    GBP extends Tuesday's jobs-driven rally - Scotiabank

    • Breaking news

    The Pound Sterling (GBP) is up 0.6% against the US Dollar (USD) and outperforming most of the G10 currencies into Wednesday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  3. USD/CAD remains limited below 1.3800, Loonie lacks bullish momentum
    • Breaking news

    USD/CAD remains limited below 1.3800, Loonie lacks bullish momentum

    • Breaking news

    The Canadian Dollar is drawing some support from the generalised US Dollar weakness, as the moderate US inflation figures seen on Tuesday boosted expectations of Fed monetary easing in September. The pair, however, remains within previous ranges, as the Loonie lacks upside momentum.

  4. EUR extending recovery and threatening fresh highs - Scotiabank
    • Breaking news

    EUR extending recovery and threatening fresh highs - Scotiabank

    • Breaking news

    The Euro (EUR) is entering Wednesday's NA session with an impressive 0.5% gain against the US Dollar (USD), rising in tandem with most of its G10 peers in an environment of broadbased USD weakness.

  5. Canadian institutional investors cut USD exposure - Scotiabank
    • Breaking news

    Canadian institutional investors cut USD exposure - Scotiabank

    • Breaking news

    The Canadian Dollar (CAD) has picked up a little ground against the weaker USD on the session but gains are minimal and the CAD is underperforming its peers quite obviously, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  6. USD slides as focus returns to rates, spreads - Scotiabank
    • Breaking news

    USD slides as focus returns to rates, spreads - Scotiabank

    • Breaking news

    The US Dollar (USD) is weaker overall this morning and it is perhaps no great surprise, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

  7. USD/JPY Price Forecast: US Dollar is nearing a key support area at 147.00
    • Breaking news

    USD/JPY Price Forecast: US Dollar is nearing a key support area at 147.00

    • Breaking news

    The US Dollar is trading lower against its main peers on Wednesday, and has extended its reversal against the Japanese Yen after the moderate US inflation figures shown on Tuesday boosted hopes that the Fed will cut interest rates in after the summer.July's Consumer Prices Index figures showed that

  8. AUD/USD jumps to near 0.6560 as US Dollar underperforms across the board
    • Breaking news

    AUD/USD jumps to near 0.6560 as US Dollar underperforms across the board

    • Breaking news

    The AUD/USD pair posts a fresh two-week high around 0.6560 during the European trading session on Wednesday.

  9. NZD/USD approaches 0.6000 amid generalised US Dollar weakness  
    • Breaking news

    NZD/USD approaches 0.6000 amid generalised US Dollar weakness  

    • Breaking news

    The New Zealand Dollar appreciates further on Wednesday after breaching resistance at 0.5970 (July 29, August 8 highs), and the pair advances towards the 0.6000 psychological level, boosted by risk appetite and a weaker US Dollar.Investors are celebrating the moderate US inflation figures released o

  10. USD/JPY: Likely to trade between 147.20 and 149.20 - UOB Group
    • Breaking news

    USD/JPY: Likely to trade between 147.20 and 149.20 - UOB Group

    • Breaking news

    Bias for US Dollar (USD) is tilted to the downside, but the major support at 147.20 is unlikely to come under threat (there is another support level at 147.50).

  11. USD/BRL retreats below 50-DMA, tests key support - Société Générale
    • Breaking news

    USD/BRL retreats below 50-DMA, tests key support - Société Générale

    • Breaking news

    USD/BRL is under pressure after failing to break July's peak, slipping below its 50-day moving average and testing key support near 5.39/5.37, with further downside risk if the level gives way, Société Générale's FX analysts note.

  12. NZD/USD might reach 0.6000 in the sort run - UOB Group
    • Breaking news

    NZD/USD might reach 0.6000 in the sort run - UOB Group

    • Breaking news

    Upward momentum is building, but not significantly; New Zealand Dollar (NZD) could edge higher, but it is currently unclear if it can reach 0.6000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

  13. TRY: Discouraging picture from June's balance of payments data - Commerzbank
    • Breaking news

    TRY: Discouraging picture from June's balance of payments data - Commerzbank

    • Breaking news

    Turkey's current account significantly deteriorated in June, registering a deficit of $2.0 billion (versus a $680mn deficit recorded a month ago, and surplus recorded a year ago); the print exceeded analyst expectations of $1.3bn deficit.

  14. AUD/USD: Any advance is unlikely to reach the major resistance at 0.6555 - UOB Group
    • Breaking news

    AUD/USD: Any advance is unlikely to reach the major resistance at 0.6555 - UOB Group

    • Breaking news

    Australian Dollar (AUD) could rise further against US Dollar (USD); any advance is unlikely to reach the major resistance at 0.6555.

  15. EUR/JPY price forecast: Hovers around 172.50, eyes nine-day EMA support
    • Breaking news

    EUR/JPY price forecast: Hovers around 172.50, eyes nine-day EMA support

    • Breaking news

    EUR/JPY halts its three-day winning streak, trading around 172.50 during the European hours on Wednesday. The technical analysis of the daily chart suggests an ongoing bullish bias as the currency cross is moving upwards within the ascending channel pattern.

  16. US: Attacks on US institutions continue - Commerzbank
    • Breaking news

    US: Attacks on US institutions continue - Commerzbank

    • Breaking news

    On Monday night, Donald Trump announced on social media that he would appoint the chief economist of the Heritage Foundation, a right-wing think tank, as the new head of the statistics agency, having dismissed the former head following the publication of weak labour market data just around a week an

  17. GBP/USD: Too early to expect the late July high, near 1.3590 - UOB Group
    • Breaking news

    GBP/USD: Too early to expect the late July high, near 1.3590 - UOB Group

    • Breaking news

    There is scope for Pound Sterling (GBP) to continue to rise to 1.3555. Above this level, one can expect GBP/USD to rise towards the late July high, near 1.3590, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.

  18. AUD/USD: Favour buying dips - OCBC
    • Breaking news

    AUD/USD: Favour buying dips - OCBC

    • Breaking news

    Australian Dollar (AUD) slipped post-RBA yesterday, but dip was brief. Pair was last at 0.6549 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.

  19. US inflation figures interpreted as dovish - Commerzbank
    • Breaking news

    US inflation figures interpreted as dovish - Commerzbank

    • Breaking news

    Yesterday's eagerly awaited US inflation figures led to a significant weakening of the USD. Rather than heading towards 1.16, EUR/USD is back on track for 1.17 this morning, Commerzbank's FX analyst Michael Pfister notes.

  20. US Dollar slumps below 98.00 as Fed rate cut odds rise, Fedspeak awaited
    • Breaking news

    US Dollar slumps below 98.00 as Fed rate cut odds rise, Fedspeak awaited

    • Breaking news

    The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its losses for the second successive session and trading around 97.80 during the European hours on Wednesday.


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