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NZD Drops, Dollar Firms Ahead of PCE Index Data Release
NZD/USD gave back the previous day's gains during the Asian session on Wednesday, trading near 0.5959. The US dollar found buying support ahead of the release of US…
Yen Strengthens on US Treasury Buybacks; Traders Await US PCE Inflation Report
During Wednesday's Asian trading session, the USD/JPY pair came under pressure and moved lower, after briefly touching the 158.90 level, and is now trading around 159.04. The news…
AUD/JPY Strengthens After CPI Data Release
During Wednesday's Asian trading session, AUD/JPY maintained its strength, with the pair trading around 114.10. The latest release showed Australia's July Consumer Price Index (CPI) unexpectedly rose to…
Yuan Central Parity Ends Three-Day Decline, US-Iran Ceasefire Talks See Major Breakthrough
The yuan central parity rate ended a three-day losing streak, fixing at 6.7829 on August 26, up 23 basis points from the previous trading day. Over the prior…
AUD Strengthens After Hot CPI Report; Eyes Multi-Month Highs Ahead of US PCE
The Australian dollar attracted buying for a second consecutive day following the release of Australia's July consumer inflation data, climbing to around 0.7170 during Wednesday's Asian session. It…
