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EUR/USD depreciates to near 1.0500 as US Dollar strengthens, supported by rising yields
a month ago
EUR/USD depreciates to near 1.0500 as US Dollar strengthens, supported by rising yields
EUR/USD retraces its recent gains registered in the previous session, trading around 1.0500 during the Asian hours on Wednesday.
EURUSD
Majors
Macroeconomics
Eurozone
Silver Price Forecast: XAG/USD keeps the bullish vibe above $31.50
a month ago
Silver Price Forecast: XAG/USD keeps the bullish vibe above $31.50
Silver price (XAG/USD) attracts some buyers to around $31.75, snapping the three-day losing streak during the Asian trading hours on Wednesday.
Silver
XAGUSD
Commodities
Macroeconomics
Bullish
ForexLive Asia-Pacific FX news wrap: Australian monthly CPI not enough for another RBA cut
a month ago
ForexLive Asia-Pacific FX news wrap: Australian monthly CPI not enough for another RBA cut
Forex news for Asian trading on Wednesday, February 26, 2025
Session wrap
Wrap Asia
AUD/JPY steadies around 96.50, focus shifts to potential US tariff updates on China
a month ago
AUD/JPY steadies around 96.50, focus shifts to potential US tariff updates on China
AUD/JPY maintains its position after registering losses in the previous session, trading around 96.50 during the Asian hours on Wednesday.
AUDJPY
Crosses
Macroeconomics
TradeWar
USD/JPY recovers above 149.00 on modest US Dollar strength
a month ago
USD/JPY recovers above 149.00 on modest US Dollar strength
The USD/JPY pair rebounds to near 149.30 during the Asian trading hours on Wednesday.
USDJPY
Majors
Macroeconomics
NZD/USD remains subdued near 0.5700, awaits possible news on US tariffs against China
a month ago
NZD/USD remains subdued near 0.5700, awaits possible news on US tariffs against China
NZD/USD continues its losing streak for the fourth successive session, trading around 0.5720 during the Asian hours on Wednesday.
NZDUSD
Majors
Macroeconomics
NewZealand
China
China’s Vice Commerce Minister meets with US business leaders to discuss tariffs
a month ago
China’s Vice Commerce Minister meets with US business leaders to discuss tariffs
China's Commerce Ministry said on Wednesday that the country’s International Trade Representative and Vice Minister of Commerce, Wang Shouwe, has met with US business leaders.
China
UnitedStates
TradeWar
AUDUSD
Australian Dollar holds losses as US Dollar appreciates amid increased risk aversion
a month ago
Australian Dollar holds losses as US Dollar appreciates amid increased risk aversion
The Australian Dollar (AUD) remains subdued against the US Dollar (USD) for the fourth consecutive day on Wednesday.
AUDUSD
SEO
Macroeconomics
TradeWar
Australia
PBOC sets USD/CNY reference rate at 7.1732 vs. 7.1726 previous
a month ago
PBOC sets USD/CNY reference rate at 7.1732 vs. 7.1726 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1732 as compared to the previous day's fix of 7.1726.
USDCNY
PBOC
Intermarket
China
Exchanges
Copper - Chile restoring electricity supply
a month ago
Copper - Chile restoring electricity supply
Power expected in full by morning local time
Australia’s monthly CPI inflation steadies at 2.5% YoY in January vs. 2.6% expected
a month ago
Australia’s monthly CPI inflation steadies at 2.5% YoY in January vs. 2.6% expected
Australia’s monthly Consumer Price Index (CPI) rose by 2.5% in the year to January, compared to a 2.5% increase seen in December, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
Australia
CPI
Inflation
Macroeconomics
Australian monthly CPI (January 2025) 2.5% y/y (vs. 2.6% expected)
a month ago
Australian monthly CPI (January 2025) 2.5% y/y (vs. 2.6% expected)
The monthly CPI data from Australia does not show all components of the CPI, that'll have to wait for the quarterly data release.
WTI falls below $70.00 amid worries about US economy, Trump tariffs
a month ago
WTI falls below $70.00 amid worries about US economy, Trump tariffs
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $69.00 during the early Asian session on Wednesday.
Oil
WTI
Commodities
Macroeconomics
ICYMI - Chile's nationwide power outage - has impacted copper operations
a month ago
ICYMI - Chile's nationwide power outage - has impacted copper operations
A major power outage plunged Santiago and much of Chile into darkness,
EUR/USD poised for a bullish breakout?
a month ago
EUR/USD poised for a bullish breakout?
The EUR/USD pair saw a rally on Tuesday, increasing by half a percent and surpassing 1.0500 as Fiber confronts a significant technical hurdle for the eighth consecutive day.
EURUSD
Currencies
TradeWar
Bullish
GBP/USD continues to churn near key technical levels
a month ago
GBP/USD continues to churn near key technical levels
GBP/USD caught a small lift on Tuesday, bolstering Cable back into the high end of near-term consolidation and keeping bids pinned close to the 200-day Exponential Moving Average (EMA).
GBPUSD
TradeWar
Currencies
Levels
USD/CAD extends upside above 1.4300 as trade fears loom
a month ago
USD/CAD extends upside above 1.4300 as trade fears loom
The USD/CAD pair extends the rally to near 1.4315 during the late American session on Tuesday.
USDCAD
Majors
Macroeconomics
Forexlive Americas FX news wrap: US consumer confidence sinks, drags down risk assets
a month ago
Forexlive Americas FX news wrap: US consumer confidence sinks, drags down risk assets
Forex news for North American trading on Feb 25, 2025
Session wrap
Wrap Nth America
Oil - private survey of inventory shows a headline crude oil draw vs. build expected
a month ago
Oil - private survey of inventory shows a headline crude oil draw vs. build expected
This is from the privately surveyed oil stock data ahead of official government data tomorrow morning out of the US.
Trump says it possible he'll allow Russian oligarchs Residency in the US
a month ago
Trump says it possible he'll allow Russian oligarchs Residency in the US
Trump is selling 'gold cards' for foreigners that qualify with $$
Economic calendar in Asia 26 February 2025 - Fed speaker, Australian monthly inflation
a month ago
Economic calendar in Asia 26 February 2025 - Fed speaker, Australian monthly inflation
January month inflation from Australia is expected to rise from December.
economic calendar
US President Donald Trump announces probe into Copper
a month ago
US President Donald Trump announces probe into Copper
US President Donald Trump signed another Executive Order late Tuesday, signaling for the US Commerce Department to launch an official "probe" into Copper markets.
OfficialTrump
TradeWar
Copper
Metals
Commodities
Trump indicates there will be a need for boots on the ground in Ukraine
a month ago
Trump indicates there will be a need for boots on the ground in Ukraine
If Trump sends US troops to Ukraine that is a huge back track from him. He hasn't said he will, but is this a strong hint?
US stocks close lower. Major indices trade below the 100 day MAs.
a month ago
US stocks close lower. Major indices trade below the 100 day MAs.
Nasdaq closes below it's 100 day MA for the first time since September 10, 2024
Zelensky plans to travel to Washington on Friday  - report
a month ago
Zelensky plans to travel to Washington on Friday - report
Presumably this would be to sign the 'deal' on mineral resources
AUD/USD declines near 0.6330 despite subdued US Dollar pressure
a month ago
AUD/USD declines near 0.6330 despite subdued US Dollar pressure
AUD/USD slides to near 0.6330 before the Australian monthly Consumer Price Index (CPI) figures for January are released.
AUDUSD
Majors
Currencies
SEO
Canadian Dollar loses ground amid fresh tariff concerns
a month ago
Canadian Dollar loses ground amid fresh tariff concerns
The Canadian Dollar (CAD) shed one-quarter of one percent against the US Dollar (USD) on Tuesday, bolstering USD/CAD and keeping the pair bid into the 1.4300 handle.
USDCAD
SEO
TradeWar