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Iran's IRGC confirms striking US base in Jordan

In European trade on Wednesday, the Iranian Islamic Revolutionary Guard Corps (IRGC) announces that it fired several ballistic missiles at a United States (US) air base and the military Central Command (CENTCOM) center …

Finance

Canadian Dollar gains as oil prices rebound

USD/CAD extends its losses for the second consecutive day, trading around 1.4090 during the European hours on Wednesday. The pair loses ground as the Canadian Dollar (CAD) gains on higher oil prices, which have rebounde…

Finance

Indonesian Rupiah gains as Fed uncertainty weighs on US Dollar

USD/IDR depreciates after two days of gains, trading around 18,120 during the Asian hours on Wednesday. However, the pair has lost ground as the US Dollar (USD) struggles ahead of the Federal Reserve’s (Fed) upcoming po…

Finance

Japanese Yen holds ground despite rising oil prices

USD/JPY loses ground after registering minor gains in the previous day, trading around 163.70 during the Asian hours on Wednesday. The pair may regain ground as the Japanese Yen could come under pressure from rebounding…

Finance

Australia CPI could boost Aussie if inflation arrives above 4%

The Australian Bureau of Statistics (ABS) will publish the June Consumer Price Index (CPI) on Wednesday at 01:30 GMT. The report is expected to show that inflation rose 4% from a year earlier, matching the May reading. …

Finance

The Euro finally gets cheaper energy, and that is the problem

The Euro trades just under 1.1400 on Tuesday, around 0.15% firmer, after a session that ran from a shade above 1.1350 to a fraction over 1.1400. Behind that half-cent range sits a third consecutive session of falling Cr…

Finance

Indonesia: Policy focus after BI Governor exit – DBS

DBS Group Research economist Radhika Rao analyzes Indonesia markets after Bank Indonesia Governor Perry Warjiyo’s unexpected resignation. She notes initial weakness in onshore assets as investors reassess implications f…

Finance

Mexican Peso advances within range against the US Dollar

USD/MXN trades around 17.40 on Tuesday, posting modest losses for a third consecutive session. The US Dollar (USD) retains a broadly firm tone despite softer-than-expected United States (US) data, as investors await the…

Finance

Swiss Franc steadies against US Dollar as Fed decision looms

The Swiss Franc (CHF) steadies against the US Dollar (USD) on Tuesday as the Greenback gives up its early gains, with traders turning cautious ahead of the Federal Reserve’s (Fed) monetary policy announcement on Wednesd…