Page 118 - Urrencies News Today

The EUR/USD pair edges higher during the Asian session on Wednesday and for now, seems to have stalled the previous day's corrective pullback from the 1.0965 area, or its highest level since August 11.

Japan's Prime Minister Fumio Kishida, speaking to members of Parliament this Wednesday, said that the Bank of Japan's (BoJ) monetary policy is not aimed at guiding foreign exchange rates in a certain way.

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1254 – the strongest level since June 19 – as compared to 7.1468 Reuters estimates.

The USD/JPY pair struggles to capitalize on the previous day's solid 140-145 pips recovery from the 147.15 area, or its lowest level since September 14 and ticks lower during the Asian session on Wednesday.

A review of things you need to know before you sign off on Wednesday; one retail rate change, dairy price variances, card transactions lackluster, Air NZ upgraded, swaps stable, NZ on hold, & more

Argentina's new president Javier Milei wants to adopt the greenback to tame sky-high inflation. Here's why his plan won't work.

In Wednesday's session, the Euro slipped against the US Dollar, with the pair trading around the 1.0865 mark.

The Euro (EUR) dropped to a three-day low against the US Dollar (USD), though it remains bullish according to the daily chart, as Wednesday’s price action formed a ‘hammer’ preceded by a downtrend.

The AUD/JPY rallied more than 0.50% late in the North American session on Wednesday, ahead of the Thanksgiving holiday, which would drain liquidity in the financial markets on Thursday.

On Wednesday, the US Dollar found momentum after the report of positive weekly Initial Jobless Claims from the US, which flashed further warning among investors regarding further tightening from the Federal Reserve (Fed).