Holds post-CPI losses near 0.7160 as Fed looms

Holds post-CPI losses near 0.7160 as Fed looms

The AUD/USD pair continues with its struggle to conquer the 0.7200 mark and attracts some sellers during the Asian session on Wednesday, following the release of Australian consumer inflation figures. The data falls short of expectations and exerts some pressure on the Australian Dollar (USD). Furthermore, the US-Iran peace talks uncertainty underpins the safe-haven US […]

Australian Dollar dips after CPI; focus shifts to Fed decision

Australian Dollar dips after CPI; focus shifts to Fed decision

The AUD/USD pair continues with its struggle to conquer the 0.7200 mark and drifts lower following the release of Australian consumer inflation figures during the Asian session on Wednesday. Spot prices slide to the 0.7170 area in the last hour, though the downside potential seems limited ahead of the crucial FOMC policy decision later today. […]

EUR/USD declines to near 1.1700 ahead of Fed rate decision

EUR/USD declines to near 1.1700 ahead of Fed rate decision

The EUR/USD pair trades in negative territory around 1.1715 during the early Asian session on Wednesday. Uncertainty over a potential Middle East ceasefire continues to boost a safe-haven currency such as the US Dollar (USD) against the Euro (EUR). All eyes will be on the US Federal Reserve (Fed) interest rate decision later on Wednesday.  […]