U.S. Crude Oil Inventories Unexpectedly Rebound

Yen Falls Amid BoJ Rate Hike Uncertainty

The Japanese yen weakened against other major currencies in the Asian session on Wednesday, due to uncertainties over the timing of the Bank of Japan's (BoJ) next interest rate hike.

RTTNews | 5h 13min ago

Commodity Currencies Rise On Upbeat Crude Oil Prices

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday, as the crude oil prices rose amid concerns about escalating tensions between the U.S. and Russia over the war in Ukraine after Russian President Vladimir Putin updated the nuclear doctrine.

RTTNews | 5h 35min ago

UK Inflation Accelerates More Than Forecast

UK consumer price inflation accelerated more than expected in October, lowering the chances of a rate cut at the upcoming monetary policy meeting in December. The consumer price index rose 2.3 percent on a yearly basis, following September's 1.7 percent increase, which was the lowest since April 2021, the Office for National Statistics reported Wednesday.

RTTNews | 6h 24min ago

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Wednesday.

RTTNews | 6h 50min ago

European Economic News Preview: UK Inflation Data Due

Consumer and producer prices figures from the UK are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK consumer and producer prices for October. Consumer price inflation is seen rising to 2.2 percent in October from 1.7 percent in September.

RTTNews | 7h 49min ago

China Keeps Loan Prime Rates Unchanged As Expected

The People's Bank of China left its benchmark lending rates unchanged on Wednesday as it monitor the impact of recent policy adjustments. The PBoC maintained its one-year loan prime rate at 3.10 percent. Likewise, the five-year LPR, the benchmark for mortgage rates, was retained at 3.60 percent. The bank had cut its both LPRs by 25 basis points each in October.

RTTNews | 7h 59min ago

U.K.CPI Update Seen Swaying European Market Sentiment

Inflation data from the U.K. for the month of October due on Wednesday morning is expected to influence European market sentiment.

RTTNews | 8h 14min ago

Commodity Currencies Rise Against Majors

The commodity currencies such as Australia, the New Zealand and the Canadian dollars strengthened against their major currencies in the Asian session on Wednesday.

RTTNews | 8h 51min ago

EURUSD	1.05605	GBPUSD	1.26746	AUDUSD	0.65145
USDJPY	155.834	USDCAD	1.39715	USDCHF	0.88538