Page 63 - Urrencies News Today

The US Dollar (USD) observed modest losses on Wednesday, trailing at 102.4 in the US Dollar Index, as market participants stick to the sidelines awaiting drivers.

On Wednesday's session, the EUR/GBP was noted at 0.8608, capturing a gain of 0.12% that saw peaks to 0.8620.

In Monday's session, the EUR/GBP trades at 0.8589, down by 0.17%.

The EUR/JPY begins the week on a lower note, posting losses of 0.17% on Monday amid a risk-on impulse.

The AUD/JPY registered modest losses of around 0.20% on Monday despite market sentiment shifting positively, usually a headwind for the safe-haven status of the Japanese Yen (JPY).

Asia market update: JP equities lead while KR majors’ Q4 prelim profits underperform; Tokyo CPI in-line while household spending falls further, JP bond yields soft; CN equities attempt to recover recent losses; US CPI in focus on Thurs night.

The EUR/USD pair trades with a positive bias for the second straight day on Tuesday, albeit lacks follow-through and remains confined in the previous day's broader range.

The financial markets are currently pricing in sharp interest rate cuts over the course of the year.

EUR/USD is having a difficult time finding direction for the second consecutive day on Tuesday and extending its consolidation near 1.0950.

Here is what you need to know on Tuesday, January 9: After struggling to find demand during the American trading hours on Monday, the US Dollar seems to have stabilized early Tuesday, with the USD Index fluctuating above 102.00.