Australian Dollar depreciates, while US Dollar remains steady ahead of Fed's Beige Book

The Australian Dollar (AUD) pared its daily losses after the higher-than-expected Monthly Consumer Price Index was released on Wednesday.

Japanese Yen appreciates after BoJ Adachi favors to reduce bond-buying

The Japanese Yen (JPY) recovers intraday losses that were influenced by a broad market downturn driven by risk aversion sentiment.

Pound Sterling corrects further against US Dollar ahead of US core PCE inflation

The Pound Sterling (GBP) corrects to 1.2740 against the US Dollar (USD) in Wednesday’s American session after posting a fresh 10-week high at 1.2800 on Tuesday.

US Dollar sprints to session's high after US opening bell

The US Dollar (USD) is giving traders a run for their money, popping back up to a fresh session's high for this Wednesday in a rally that got fueled with comments from the Federal Reserve (Fed) Bank of Minneapolis President Neel Kashkari, who spooked

Oil snaps winning streak ahead of API release

Oil prices are pulling back and are even falling in the red this Wednesday, despite tensions building up towards the OPEC+ meeting at the beginning of June. Recent reports from Bloomberg Intelligence are pointing to an Oil deficit for the second half of

EUR/USD slumps as US Dollar extends recovery after Fed rate-cut bets fade

EUR/USD falls to 1.0830 in Wednesday’s New York session after failing to recapture a two-month high near 1.0900 on Tuesday.

Gold price slips to two-day low amid caution ahead of US core PCE inflation

Gold price (XAU/USD) falls sharply to near $2,340 in Wednesday’s New York session.

US Dollar expands gains after Beige Book report

The US Dollar Index (DXY) is showing a sharp recovery, hovering around the 105.00 mark on Wednesday.

Canadian Dollar recedes on Wednesday as Greenback rebounds

The Canadian Dollar is softening across the board on Wednesday, shedding weight as the safe haven Greenback catches a broad-market bid.

Dow Jones Industrial Average sheds 400 points on Wednesday as risk aversion weighs

The Dow Jones Industrial Average (DJIA) is broadly lower on Wednesday, shedding nearly 400 points and backsliding into 38,500.00.