Page 131 - Urrencies News Today

The Canadian Dollar (CAD) is seeing additional gains on Wednesday, eking out an extension as broader markets chew on their recent bout of risk-on sentiment.

The AUD/USD is trading back into the Wednesday midpoint as the pair fails to push in either direction decisively.

The USD/JPY found some lift on Wednesday's session and advanced to 150.90, seeing 0.30% gains.

The US Dollar (USD) found a lift in Wednesday's session, driven by solid US Retail Sales figures for October, which somewhat worried investors as Federal Reserve (Fed) officials might consider it a threat to the progress on inflation.

The GBP/USD is paring back after a touch of the 1.2500 handle, testing back into the 1.2400 region after a broad miss for UK data and mixed US figures.

The EUR/GBP trades with strong gains around the 0.8740 area with the pair clearing Mondays and Tuesdays' losses.

The critical event of the Asian session will be the Australian employment report.

The EUR/USD approached the 1.0900 area and turned downwards, correcting from its monthly highs.

The AUD/JPY tested into its highest bids in fifteen years on Wednesday, driven by a floundering Yen (JPY) that continues to shed value across the board.

The USD/CHF observed measured downward movements on Wednesday while trading near 0.8885, with the trajectory of the pair being set by soft US PPI and strong Retail Sales from the US from October.