AUD/JPY continues its winning for the fourth successive day, trading around 97.10 during the early European hours.

(RTTNews) - New Zealand's gross domestic product contracted a seasonally adjusted 0.2 percent on quarter in the second quarter of 2024, Statistics...

The Australian Dollar (AUD) recovered its daily losses and continues its winning streak against the US Dollar (USD), following the labor market report released on Thursday.

GBP/USD Price Forecast: Retreats from three-week high, holds to gains above 1.3200 The Pound Sterling posted modest gains during the North American session, hitting a three-week high of 1.3254, but failed to gain traction as traders braced for the Federal Reserve’s monetary policy decision.

The NZD/USD pair delivers a sharp upside move to near 0.6230 in Wednesday’s North American session.

Housing Starts in the US rose 9.6% in August to 1.356 million units, the monthly data published by the US Census Bureau showed on Wednesday.

London stocks had fallen further into the red by midday on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.

Inflation in the eurozone fell to 2.2% in August from 2.6% a month earlier and confirming a flash estimate two weeks ago, according to official data published by the European Union on Wednesday.

UK inflation was unchanged in August, according to figures released on Wednesday by the Office for National Statistics, remaining above the Bank of England’s target.

London stocks were set to fall at the open on Wednesday as investors mulled the latest UK inflation reading and looked ahead to a policy announcement from the US Federal Reserve.

The EUR/GBP cross loses its recovery momentum near 0.8445 during the early European session on Wednesday.

OTTAWA — Canada’s inflation rate fell to two per cent last month, finally hitting the Bank of Canada’s target after a tumultuous battle with skyrocketing price growth. The annual inflation rate fell from 2.5 per cent in July to reach the lowest level since February 2021.

The GBP/JPY cross struggles to capitalize on a two-day-old recovery from the vicinity of a one-month low retested earlier this week and meets with a fresh supply during the Asian session on Wednesday.

GBP/USD inches higher to near 1.3160 during the Asian hours on Wednesday.

GBP/USD pared back on Thursday, declining back toward 1.3150 as investors buckle down for the wait to Wednesday’s broadly-antiicpated rate cut from the Federal Reserve (Fed), where the US central bank is expected to kick off a rate cutting cycle.

The Mexican Peso erased some of its losses against the US Dollar, gains some 0.30% after US Retail Sales data was better than expected.

GBP/USD inches higher to near 1.3160 during the Asian hours on Wednesday.

The United Kingdom (UK) Office for National Statistics (ONS) will release August Consumer Price Index (CPI) figures on Wednesday.

U.K. inflation came in at 2.2% for the month of August, data from the Office for National Statistics showed Wednesday.

The USD/CAD pair trades in positive territory for a fourth consecutive day near 1.3600 during the early Asian session on Wednesday.