China's Commerce Ministry said on Wednesday that the country’s International Trade Representative and Vice Minister of Commerce, Wang Shouwe, has met with US business leaders.
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1732 as compared to the previous day's fix of 7.1726.
Australia’s monthly Consumer Price Index (CPI) rose by 2.5% in the year to January, compared to a 2.5% increase seen in December, according to the data published by the Australian Bureau of Statistics (ABS) on Wednesday.
The EUR/USD pair saw a rally on Tuesday, increasing by half a percent and surpassing 1.0500 as Fiber confronts a significant technical hurdle for the eighth consecutive day.
GBP/USD caught a small lift on Tuesday, bolstering Cable back into the high end of near-term consolidation and keeping bids pinned close to the 200-day Exponential Moving Average (EMA).
Silver prices plunged on Tuesday more than 1.80%, which witnessed the grey metal printing a daily peak of $32.48, before sliding below the $32.00 figure due to risk aversion and traders booking profits amidst uncertainty about US trade policies.
The NZD/USD pair continued its downward trajectory on Tuesday, marking its third consecutive daily decline as it moves closer to the 20-day Simple Moving Average (SMA).
US President Donald Trump signed another Executive Order late Tuesday, signaling for the US Commerce Department to launch an official "probe" into Copper markets.
The Japanese Yen (JPY) extended its gains versus the US Dollar (USD) on Tuesday, which was helped by the fall of US Treasury bond yields as consumer confidence deteriorated further, according to the Conference Board.
The AUD/JPY cross deepened its losses on Tuesday, with sellers firmly in control as the pair recorded a fresh low since mid-September near the 94.00 mark.
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