Japanese Yen Retreats Further From One-Week Top Against USD Despite BoJ Rate Hike Bets
The Japanese Yen extends intraday retracement slide from a one-and-a-half-week low, touched against a weaker US Dollar this Wednesday, and refreshes its daily low during the first half of the European session.
Australian Dollar Gains As CPI Beats Forecasts, Fed Rate Cut Bets Grow
The Australian Dollar (AUD) advances against the US Dollar (USD) on Wednesday, extending its gains for the fourth successive session.
Indian Rupee Opens Cautiously Against US Dollar Despite Fed Dovish Bets Swell
The USD/INR pair edges up to near 89.35 as the Indian Rupee continues to underperform, with persistent US Dollar’s demand from Indian importers and in the offshore market.
