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Here’s what you need to know on Wednesday, September 20: Sterling weakened against its major rivals in early trade on Wednesday as investors reacted to weaker-than-expected UK inflation data for…

Asian stocks fell on Wednesday as investors awaited the much-anticipated Federal Reserve interest rate meeting. As of press time, China’s Shanghai Composite Index fell 0.36% to 3113 points; Shenzhen Component…

During early European trading on Wednesday, USD/JPY was trading sideways in the 147.70-147.85 range. As of press time, USD/JPY was trading at 147.83, down 0.01% on the day. During the…

GBP/USD remains on the defensive during Wednesday’s Asian session, extending the previous day’s pullback from around the technically important 200-day moving average around 1.2425-1.2430. Spot prices are currently trading below…

USD/INR attempted to break below the winning streak that began on September 12, with the pair trading lower in Asia on Wednesday, trading lower around 83.20. However, USD/INR found upside…

USD/CNH rallied for a third straight day on Wednesday, climbing to a more than one-week high near 7.3125 during the Asian session. Meanwhile, technicals appear to favor bullish traders and…

A GBP/JPY cross-trading trade near the 50-day simple moving average (SMA) attracted some bears during Wednesday’s Asian session and shed some of the previous day’s gains. However, GBP/JPY was able…

Gold prices (gold/USD) were consolidating around $1,930 during the Asian session on Wednesday. Market participants tend to wait and see ahead of the Federal Reserve’s (Fed) interest rate decision and…

USD/CAD moved higher towards 1.3450 during the Asian session on Wednesday, snapping a two-day losing streak. USD/CAD came under pressure after Canada released better inflation data on Tuesday. Canada’s consumer…

USD/MXN remains on the defensive during Wednesday’s Asian session, currently trading around the 17.0760-17.0755 area, which represents the 61.8% Fibonacci retracement of the pair’s rebound from August’s monthly swing lows.…