Page 5 - Urrencies News Today

The Australian Dollar recovered some territory against the US Dollar yet fell shy of reclaiming key technical resistance levels after Thursday’s US inflation data capped the Greenback's advance.

A review of things you need to know before you sign off on Friday; inflation proving stickier than expected; both retail and factories in severe downturns, OCR cut prospects fade, swaps up, NZD up, & more

A review of things you need to know before you sign off on Thursday; rents rise, per capita activity slips, GHGs fall (slightly), strong NZGB demand, scrum screwed, swaps jump, NZD eases, & more

The AUD/USD pair oscillates in a narrow trading range during the Asian session on Thursday and consolidates the previous day's hotter US CPI-inspired slump to over a one-week low.

Japan’s Chief Cabinet Secretary Yishimasa Hayashi said on Thursday, he “won't rule out any steps to respond to excessive FX moves.” Additional quotes Won't comment on forex levels, currency intervention.

- Hot US CPI reading may be in rear view mirror but effects persisting today as traders bet that the inflation fight is not over.

EUR/USD came under heavy bearish pressure and registered its largest one-day loss of 2024 on Wednesday, losing over 1%.

The Pound keeps trading lower with the recent reversal from 1.2700 increasing bearish pressure.

The NZD/JPY currency pair is trading near the 91.541 level, experiencing what appears to be a robust uptrend.

Canadian Dollar extends losses with US Dollar strengthening across the board.