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NZD/USD trades with mild gains near 0.5600 as traders await US CPI data

The NZD/USD pair posts modest gains to near 0.5600 on Wednesday during the Asian trading hours.

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PBOC sets USD/CNY reference rate at 7.1883 vs. 7.1878 previous

On Wednesday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1883 as compared to the previous day's fix of 7.1878 and 7.3240 Reuters estimates.

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WTI holds above $76.50 on US sanctions on Russian oil exports

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $76.75 on Wednesday.

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News calendar 15-01-2025

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EUR/USD looks up from the low end ahead of key CPI print...

EUR/USD found enough gas in the tank for an intraday rally on Tuesday, rising over eight-tenths of one ...

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GBP/USD grapples with lows as key inflation data looms ahead...

GBP/USD is mired in near-term technical consolidation near the 1.2200 handle as key inflation metrics f...

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US President-elect Trump is looking to enact pro-fossil fuel executive orders...

President-elect Donald Trump is preparing executive orders aimed at boosting American fossil fuels ahea...

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USD/CAD weakens to near 1.4350 on cooler-than-expected US PPI inflation data...

The USD/CAD pair remains on the defensive around 1.4350 during the early Asian session on Wednesday, pr...

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blog calendar 14-01-2025
Gold prices gain ground after US PPI inflation sparks fresh rate cut hopes...

Gold prices edged higher on Tuesday after data from the United States (US) showed that prices paid by p...

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blog calendar 14-01-2025
Mexican Peso rises after US PPI inflation print...

The Mexican Peso recovered some ground against the US Dollar on Tuesday after US inflation data suggest...

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Australian Dollar extends gains, upside limited...

The Australian Dollar (AUD) rebounded from 0.6130, its lowest level since April 2020, to reach 0.6180 o...

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blog calendar 14-01-2025
Dow Jones Industrial Average teases inflation cooloff, sparks fresh rate cut hop...

The Dow Jones Industrial Average (DJIA) lurched around 150 points higher on Tuesday after Producer Pric...

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US Dollar takes a breather with CPI in sight...

The US Dollar Index, which measures the value of the USD against a basket of currencies, is on the back...

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NZD/USD Price Analysis: mild bounce overshadowed by multi-year lows...

The NZD/USD pair gained modestly on Tuesday, inching up to approximately 0.5600 following a prolonged s...

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blog calendar 14-01-2025
Canadian Dollar catches some relief as Greenback eases...

The Canadian Dollar (CAD) caught a thin bid on Tuesday, bostlered by a general easing in US Dollar flow...

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Forex Today: Investors shift their focus to US CPI data...

The Greenback traded on the defensive once again on Tuesday, testing two-day lows and weighed down by a...

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US Dollar pulls back as Trump remains silent over the upcoming tariff approach...

The US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, is fading...

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EUR/USD Price Analysis: Pair attempts mild rebound but outlook remains negative...

The EUR/USD pair managed to eke out a modest recovery on Tuesday, edging down to 1.0270 yet avoiding a ...

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blog calendar 14-01-2025
GBP/USD Price Forecast: Tumbles below 1.2200 after US PPI data...

The GBP/USD plunged below 1.2200 during the North American session following the release of US producer...

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blog calendar 14-01-2025
EUR/USD gains as US PPI rises moderately...

EUR/USD jumps to near 1.0270 in Tuesday’s North American session after the release of the United...

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blog calendar 14-01-2025
Pound Sterling declines despite US PPI grows moderately...

The Pound Sterling (GBP) surrenders its intraday gains and turns negative against the US Dollar (USD) ...

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