Noticias de trading

The Australian Dollar (AUD) extends its gains for the third successive session on Wednesday. The AUD/USD pair remains stronger following the release of Australia’s Monthly Consumer Price Index (CPI), which climbed by 2.1% year-over-year in May.

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $64.90 during the Asian trading hours on Wednesday. The WTI price tumbles to a two-week low near $64.75 after Israel agrees to a ceasefire with Iran after nearly two weeks of conflict.

Australia’s monthly Consumer Price Index (CPI) eased to 2.1% in the year to May, compared to a 2.4% rise seen in April, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.

The Bank of Japan (BoJ) board member Naoki Tamura said on Wednesday that inflation is on track or moving somewhat stronger than expected.

On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1668 as compared to the previous day's fix of 7.1656 and 7.1709 Reuters estimate.

The Gold price (XAU/USD) edges lower to near $3,325 during the early Asian session on Wednesday. The precious metal loses ground due to the de-escalation of tensions in the Middle East. Traders brace for the Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday. 

Federal Reserve Bank of Kansas City President Jeff Schmid said early Wednesday that the Fed should wait to see how tariffs and other policies impact the economy before adjusting interest rates, per Bloomberg. 

The Bank of Japan (BoJ) published the Summary of Opinions from the June monetary policy meeting, with the key findings noted below.   

Japan Corporate Service Price Index (YoY): 3.3% (May) vs 3.1%

A US intelligence report suggested that US strikes over the weekend on Iranian nuclear facilities have set back Tehran's program by only a matter of months and it was not “completely and fully obliterated” as US President Donald Trump has said, three sources with knowledge of the matter told Reuters

The USD/CAD pair trades with mild losses near 1.3725 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid easing Middle East tensions. Investors will keep an eye on Federal Reserve (Fed) Chair Jerome Powell testifies later on Wednesday. 

New Zealand Trade Balance NZD (MoM) above forecasts ($1060M) in May: Actual ($1235M)

New Zealand Imports climbed from previous $6.42B to $6.44B in May

New Zealand Trade Balance NZD (YoY): $-3.79B (May) vs $-4.81B

New Zealand Exports down to $7.68B in May from previous $7.84B

The AUD/JPY retreats amid a risk-on mood, spurred by the de-escalation of the Middle East conflict. This pushed safe-haven currencies, except for the US Dollar, higher during Tuesday’s session, to the detriment of the Australian Dollar.

EUR/USD extended its gains for the fourth straight day, up by 0.39%, even though it trades off the yearly highs of 1.1641, driven by US Dollar weakness spurred by a de-escalation of the Middle East conflict.

United States API Weekly Crude Oil Stock climbed from previous -10.133M to -4.277M in June 20

The Canadian Dollar (CAD) fumbled its near-term bullish pivot on Tuesday, rising against the Greenback before falling back into familiar levels.

The US Dollar (USD) extended near-term bearish momentum, falling sharply and extending into a four-day decline as investors settle into a comfortable risk-on stance, stepping out of the safe-haven Greenback and into riskier assets as investors bank on a continued cooling of recent Middle East tensio