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Forex
Forex Today: US Dollar bides time ahead of US CPI inflation test
Here is what you need to know on Wednesday, January 15:
Markets are witnessing a typical cautious environment before the release of the all-important US…
FX option expiries for Jan 15 NY cut
FX option expiries for Jan 15 NY cut at 10:00 Eastern Time via DTCC can be found below.
EUR/USD: EUR amounts
1.0200 2.6b
1.0250 2.2b
1.0300 2.9b
1.0330…
Gold price remains depressed amid risk-on mood; traders keenly await US CPI report
Gold price attracts some sellers as the risk-on mood undermines demand for safe-haven assets.
The prospects for a slower Fed rate cut contribute to driving…
Japanese Yen bulls remain on sidelines amid BoJ uncertainty; USD/JPY trades below 158.00
The Japanese Yen struggles to lure buyers amid wavering BoJ rate hike expectations.
The risk-on mood and the wider US-Japan yield differential also…
UK CPI inflation expected to edge up slightly in December, core rate to ease
United Kingdom’s Office for National Statistics will release the December CPI data on Wednesday.
The annual UK headline CPI inflation is set to rise in…
Australian Dollar holds ground due to risk-on market sentiment, China’s measures
The Australian Dollar receives support from improved market sentiment and strong commodity prices.
The AUD gained ground from robust trade data from China…
WTI holds above $76.50 on US sanctions on Russian oil exports
WTI price posts modest gains near $76.75 in Wednesday’s early Asian session.
US EIA expected oil demand to steady in 2025 and 2026.
US crude oil…
GBP/USD grapples with lows as key inflation data looms ahead
GBP/USD is tangled up in the 1.2200 handle ahead of key CPI inflation prints.
US inflation data might miss expectations, paving the way for rate cut hopes.…
Australian Dollar extends gains, upside limited
AUD edges up to 0.6180 on Tuesday, off multi-year lows.
Fed rate-hold expectations in January underpin the US Dollar.
Soft Australian fundamentals, China…
Canadian Dollar catches some relief as Greenback eases
The Canadian Dollar gained a slim 0.3%, but remains mired in congestion.
Canada remains absent from the data docket on Tuesday.
Cooler-than-expected US PPI…