Russia Consumer Price Index (MoM) in line with expectations (0.2%) in August

In Wednesday's session, when the EUR/GBP broke out and saw 0.40% gains to rise near 0.8450.

The Australian Dollar dropped during the North American session after the latest US Consumer Price Index (CPI) report, which witnessed an uptick in prices.

USD/JPY bounces off almost-yearly lows following the release of US inflation data.

GBP/USD is trading marginally lower in the 1.3060s on Wednesday after the release of US inflation data leads to an appreciation in the US Dollar (USD) amid prospects of a more measured approach to easing from the Federal Reserve (Fed) whilst the Pound Sterling (GBP) loses ground following the release of flat economic growth data.

The Pound Sterling (GBP) is little changed and underperforming on the session as a result, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The Canadian Dollar (CAD) is moderately firmer on the session as the USD slips back under 1.36 to the high 1.35s, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

EUR/USD is slightly firmer, with spot pricing marked up in a reflection of the generally soft tone of the USD, Scotiabank’s Chief FX Strategist Shaun Osborne notes.

The US Dollar (USD) is likely to trade with a downward bias; the probability of it breaking the significant support at 140.80 is not high, UOB Group FX analysts Quek Ser Leang and Peter Chia note.

USD/JPY has made a bearish break below the key August 5 lows.

EUR/USD is exchanging hands in the 1.1040s, trading higher on Wednesday amid a broad-based weakening in the US Dollar (USD) following the Trump-Harris televised presidential election debate.

USD/SGD’s rebound post-NFP last Fri stumbled at 21-DMA, OCBC FX strategist Frances Cheung and Christopher Wong note.

Provided that New Zealand Dollar (NZD) remains below 0.6185, there is a chance for it to test 0.6115.

USD/JPY fell sharply this morning after comments from BoJ’s Nakagama added to policy normalisation bias, OCBC FX strategist Frances Cheung and Christopher Wong note.

Germany 10-y Bond Auction down to 2.11% from previous 2.22%

The Australian Dollar (AUD) is expected to trade in a sideways range of 0.6630/0.6670.

GBP/USD traded above 1.310 as European currencies moderately benefitted from Harris being the perceived winner of the debate, but is struggling to hold on to gains this morning after some softer-than-expected monthly UK GDP figures, ING’s FX strategist Francesco Pesole notes.

The US presidential debate did not generate any shockwave for EUR/USD, but gave enough short-term support to the pair to send it back to 1.105 after a soft session yesterday, ING’s FX strategist Francesco Pesole notes.

USD/MXN retraces its recent gains from the previous session, trading around 20.00 during Wednesday’s European hours.

The Pound Sterling (GBP) could retest the 1.3050 level before a more sustained rebound is likely.

The AUD/USD pair manages to defend the 100-day Simple Moving Average (SMA) support and attracts some buyers near the 0.6645 region on Wednesday.

Scope for the Euro (EUR) to test 1.0995 before the risk of recovery increases.

GBP/JPY extends its downside for the second successive day, trading around 185.00 during the European session on Wednesday.

The USD/CAD pair struggles to capitalize on the overnight breakout momentum through the very important 200-day Simple Moving Average (SMA) and retreats from a nearly three-week top, around the 1.3615 area touched earlier this Wednesday.

Here is what you need to know on Wednesday, September 11: The US Dollar (USD) stays under selling pressure early Wednesday as markets gear up for key inflation data.

USD/CHF continues to lose ground, trading around 0.8430 during the Asian hours on Wednesday.

EUR/USD breaks its three-day losing streak, trading around 1.1050 during Wednesday’s Asian session.

The USD/INR pair remains confined in a range around 84.00 level on Wednesday.

The GBP/USD pair regains positive traction during the Asian session on Wednesday and climbs to a fresh daily peak, closer to the 1.3100 round-figure mark in the last hour.

The EUR/JPY cross attracts sellers for the second successive day on Wednesday and drops to the 158.20 area, or its lowest level since August 5 during the Asian session.