Makro Haberleri

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is extending its gains for the second successive day, trading around 98.40 during the European hours on Wednesday.

OCBC’s Christopher Wong notes the US Dollar (USD) strengthened after hotter United States (US) Consumer Price Index (CPI) data lifted UST yields and revived Fed hike expectations, with focus now on US Producer Price Index (PPI).

The Federal Court of Australia has ruled that Fortescue must compensate the Yindjibarndi Ngurra Aboriginal Corporation (YNAC) for cultural loss with an amount of A$150m ($108.4m). The post Fortescue to compensate Yindjibarndi with $108.4m for cultural loss appeared first on Mining Technology.

The Japanese Yen (JPY) trades lower against the US Dollar (USD) during the European trading session on Wednesday, with the USD/JPY pair edging higher to near 157.70.

MUFG’s Michael Wan describes how a stronger US Dollar environment emerged as United States (US) April Consumer Price Index (CPI) surprised to the upside and US yields climbed.

European Central Bank (ECB) Governing Council member and Governor of the Bank of France, François Villeroy de Galhau, said on Wednesday that the central bank must be ready to intervene in the second round effects.

The USD/CHF pair trades on a flat note around 0.7805 during the early European trading hours on Wednesday. Traders await the key US inflation data and continue to assess the developments surrounding US-China talks later this week.

The EUR/USD pair is seen consolidating the previous day's heavy losses and oscillating in a narrow band, below mid-1.1700s, during the Asian session on Wednesday.

NZD/USD extends its losses for the second successive day, trading around 0.5940 during the Asian hours on Wednesday.

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is remaining steady after two days of gains and trading around 98.30 during the Asian hours on Wednesday.

New Zealand's (NZ) inflation expectations rose on a 12-month time frame and on a two-year time frame for the second quarter of 2026, the Reserve Bank of New Zealand’s (RBNZ) latest monetary conditions survey showed on Wednesday.

The Organization for Economic Co-operation and Development (OECD) projected the Bank of Japan (BoJ) will raise its policy rate to 2.0% by end-2027 from 0.75% currently, supported by higher inflation expectations, solid wage growth and a closed output gap.

The USD/CAD pair trades on a flat note near 1.3695 during the early Asian trading hours on Wednesday. Traders continue to assess hot US inflation data and ongoing tensions in the Middle East. The US April Producer Price Index (PPI) report will take center stage later on Wednesday.

The EUR/USD pair trades in negative territory around 1.1735 during the early Asian session on Wednesday. The US Dollar (USD) edges higher against the Euro (EUR) on hotter-than-expected US inflation data.