This Wednesday, the Australian dollar, Kiwi and the Aussie jump, while the Russian ruble strengthens, and the Indian rupee is expected to rise.

The dollar healed its wounds on Wednesday after sharp falls against the euro and the pound sterling, but the yen remained mired near its lowest level in 34 years, even as Japanese authorities stepped up their warnings to intervene. The Australian dollar jumped today while bonds fell to their highest level in 10 months, as high local inflation numbers hurt lingering hopes of lower rates this year. The Kiwi dollar rose slightly by 0.2% in its wake to $0.5944, after rising by 0.2% overnight. The support is at its recent low of $0.5853 and the resistance is around $0.5950

Aussie climbed 0.5% to $0.6520, after gaining 0.6% overnight to $0.6490. It's a three-day winning streak, but the 200-day moving average of $0.6530 is proving to be a good resistance at the moment

The British pound benefitted from overnight data showing that British businesses recorded their fastest business growth in nearly a year.

For its part, the Russian ruble strengthened to its highest level in over two weeks against the US dollar. Around 07:33 GMT, the ruble was up 0.7% to 92.49 per dollar, reaching its highest level since April 8. Against the euro, the ruble rose by 0.7% to 98.90, the highest in six weeks, and gained 0.6% to 12.73 against the yuan.

The Indian rupee is expected to open slightly higher. The increase in the opening of the rupee could have some impact, as “the risk in motion is expected to continue... 83.20 could be tested today