WTI rebounds to near $78 ahead of crucial US inflation readings

West Texas Intermediate (WTI), futures on NYMEX, is up 0.28% in Thursday’s European session after a strong recovery from $77.60 ahead of key United States Personal Consumption Expenditure Price Index (PCE) for January, which will be published at 13:30 GMT.
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AUD/USD hangs near two-week low, just below 0.6500 ahead of US PCE Price Index

The AUD/USD pair struggles to capitalize on its modest intraday recovery from a two-week low touched earlier this Thursday and slides back below the 0.6500 psychological mark during the first half of the European session.
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