Fundamental

USD/CAD consolidates near the 200-Day EMA, with a bullish signal targeting 1.3990 while 1.38 serves as key support for risk control.

The New Zealand dollar slid against the US dollar after a rate cut, with NZD/USD breaking 0.5850 and testing 0.58 as sellers target 0.56.

The US dollar continues to grind against the rand, with 17.50 acting as strong support while EMAs signal resistance and traders await Powell’s Jackson Hole speech.

The US dollar is consolidating against the Mexican peso near the 50-Day EMA, with 19.00 as upside resistance while peso strength remains underpinned by higher rates.

The British pound is testing the 50-Day EMA against the US dollar, with downside risks toward 1.3250 and upside potential if 1.36 breaks.

The Euro (EUR) seems to have finally found some momentum on Wednesday, motivating EUR/USD to stage a mild comeback and revisit the 1.1670 region.