Page 62 - Urrencies News Today

The New Zealand Dollar (NZD) registered minor gains of 0.10% on Thursday after seesawing in a volatile session following the release of US inflation data.

The latest data published by the Australian Bureau of Statistics (ABS) on Wednesday showed that the nation’s Consumer Price Index (CPI) decelerated from the 4.9% YoY rate to 4.3% in November.

The People’s Bank of China (PBoC) sets the USD/CNY central rate for the trading session ahead on Wednesday at 7.1055 as compared to the previous day's fix of 7.1010 and 7.1618 Reuters estimates.

Today is a light day on the international data front, but we get a lot of Nordic data.

Focus turns to Scandinavia. Economists at ING analyze SEK/NOK outlook after Norway released inflation data.

Zou Lan, head of the People’s Bank of China’s (PBOC) monetary policy department, in an interview with state media outlet Xinhua News Agency on Tuesday, hinted a further policy easing by the central bank.

The EUR/USD pair struggles to gain any meaningful traction on Wednesday and remains confined in a familiar range held over the past week or so.

The USD/CAD pair edges higher to the 1.3400 neighbourhood heading into the European session on Wednesday, albeit remains below a multi-week high touched the previous day.

EUR/USD edged lower on Tuesday as the risk-averse market atmosphere helped the US Dollar (USD) gather strength against its rivals.

Here is what you need to know on Wednesday, January 10: The US Dollar (USD) gathered strength against its rivals on Tuesday as markets turned cautious ahead of Thursday's highly anticipated inflation data.