Australia Judo Bank Services PMI came in at 47.1, below expectations (47.6) in December
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NZD/JPY rallies above the 20-day SMA, bears around the corner
In Wednesday's session, the NZD/JPY clocked an uptick of 0.70%, seeing the pair rally to 89.40.
United States Total Vehicle Sales above expectations (15.5M) in November: Actual (15.8M)
United States Total Vehicle Sales above expectations (15.5M) in November: Actual (15.8M)
United States API Weekly Crude Oil Stock below expectations (-2.967M) in December 29: Actual (-7.418M)
United States API Weekly Crude Oil Stock below expectations (-2.967M) in December 29: Actual (-7.418M)
USD/JPY hesitates just shy of 143.75
The USD/JPY drove higher on Wednesday as the US Dollar (USD), the day’s single best-performing currency clambered over the Yen (JPY), the day’s biggest loser.
South Korea FX Reserves rose from previous 417.08B to 420.15B in December
South Korea FX Reserves rose from previous 417.08B to 420.15B in December
Forex Today: Dollar dominates the sentiment on broad-based risk-off mood
The beginning of the new trading year continued to see the greenback on the positive foot.
US Dollar eases from two-week highs after FOMC minutes
The US Dollar (USD) Index trades with noteworthy gains at 102.60, having successfully reclaimed the 20-day Simple Moving Average (SMA).
Canadian Dollar sheds weight for a fifth straight day against Greenback after US PMI data beats
The Canadian Dollar (CAD) is falling for the fifth consecutive trading day against the US Dollar (USD), with the Greenback getting bolstered against the broader FX market after the US ISM Manufacturing Purchasing Managers’ Index (PMI) for December came in above expectations, despite still printing in contractionary territory below the 50.0 midline.
AUD/USD Price Analysis: Hits nine-day low at around 0.6700 on broad USD strength
The AUD/USD dropped to a nine-day low of 0.6701 and extended its losses to four straight days, courtesy of broad US Dollar (USD) strength across the board.