KRW: Bank of Korea to manage volatility – Commerzbank

The Korean Won is under pressure despite a benign macro backdrop, with recent GDP data showing contraction. The Bank of Korea is expected to maintain its policy rate amid rising home prices and volatility in the KRW.

Forex Today: USD surges amid shutdown resolution, mixed US data

United States (US) ADP Employment Change report revealed that the private sector added 22K jobs in January, falling short of expectations of 48K.

Canadian Dollar holds steady as US government reopens, ADP data disappoints

The Canadian Dollar (CAD) held steady against the US Dollar (USD) on Wednesday, trading just below 1.3700 as markets adjusted to the end of the partial US government shutdown and digested a soft private payrolls report.

USD/INR: Trade deal boosts sentiment but risks remain – OCBC Bank

OCBC Bank's report, authored by Sim Moh Siong and Christopher Wong, discusses the recent rally of the Indian Rupee (INR) following headlines of a US-India trade deal. However, the report cautions that the lack of specifics may limit follow-through as investors return to fundamentals.

Gold slides nearly 1% as US Dollar firms, geopolitics tensions de-escalate

Gold price retreats during the North American session on Wednesday, down more than 1% after reaching a three-day high of $5,091. A mixed market mood and modest US Dollar strength keep XAU/USD trading with losses at around $4,901 at the time of writing.