Australian Dollar depreciates on softer Aussie inflation data, improved US Dollar
The Australian Dollar (AUD) remains on a downtrend on Wednesday after Australian inflation slowed more than anticipated in the December quarter.
Source: fxstreet.com
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Pound Sterling remains on backfoot ahead of Fed-BoE policy meetings
The Pound Sterling (GBP) remains under pressure on Wednesday’s European morning as markets brace for the US Federal Reserve’s (Fed) monetary policy meeting.
Source: fxstreet.com
Australian Dollar trims its intraday gains amid a stable US Dollar
The Australian Dollar (AUD) continues to gain ground on Tuesday amid a stable US Dollar (USD).
Source: fxstreet.com
Canadian Dollar trims Tuesday highs after markets pivot into Greenback
The Canadian Dollar (CAD) shed some points on Tuesday after a moderate data-beat for December’s US JOLTS Job Openings pushed investors back into the US Dollar (USD).
Source: fxstreet.com
ECB's Knot: Slower wage growth needed for euro zone rate cuts
The European Central Bank (ECB) governing council member Klaas Knot said on Sunday that the ECB will need to see proof of slowing wage growth in the eurozone before interest rates can be lowered.
Source: fxstreet.com