The US Dollar (USD) is moving cautiously on Wednesday, down slightly on the day according to the US Dollar Index (DXY), as markets hold their breath ahead of the eagerly awaited publication of the August Consumer Price Index (CPI) in the United States (US).
Ripple (XRP) bulls are teasing a breakout above the critical $3.00 level on Wednesday, as Bitcoin (BTC) leads the crypto market in a mid-week recovery.
Yesterday, when reports emerged that the Bank of Japan is still considering raising interest rates this year, I experienced a slight sense of déjà vu, Commerzbank's FX analyst Michael Pfister notes.