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EUR/GBP dips as traders reposition ahead of BoE interest rate decision
The Euro (EUR) edges lower against the British Pound (GBP) on Monday, with the Pound trading on a firmer footing across the board, as traders reposition ahead of the Bank of England’s (BoE) monetary policy decision due Thursday, August 7.
Fxstreet
Mon, Aug 4
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% higher at C$1.3773 to the greenback, or 72.61 U.S. cents, after trading in a range of 1.3767 to 1.3795.Canadian government 10-year bond yields CA10YT...Reuters
Mon, Aug 4
USD/JPY: Sharp drop in USD has scope to extend – UOB Group
Further US Dollar (USD) weakness seems likely against Japanese Yen (JPY); it remains to be seen whether it can reach 146.60. In the longer run, sharp drop in USD has scope to extend, but any decline may not break below 145.80, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 4
IDEXX Laboratories raises annual forecasts on strong demand for pet diagnostics
Aug 4 (Reuters) - IDEXX Laboratories IDXX.O raised its full-year profit and revenue forecasts on Monday after reporting better-than-expected second-quarter results, driven by strong demand for its veterinary diagnostic equipment and services.Shares of the Westbrook, Maine-based animal diagnostics ma...Reuters
Mon, Aug 4
USD/CAD remains pinned below 1.3800 with hopes of Fed cuts limiting upside attempts
The Canadian Dollar keeps most of the ground it gained on Friday as the US Dollar Index fell about 0.8% as US employment data revealed that job growth increased much less than expected, and data from previous months was revised sharply lower.July’s US Nonfarm Payrolls report crushed the view of a re
Fxstreet
Mon, Aug 4
NZD/USD: Any advance is likely part of a higher range of 0.5885/0.5935 – UOB Group
Scope for New Zealand Dollar (NZD) to rise further, but any advance is likely part of a higher range of 0.5885/0.5935. In the longer run, slowdown in momentum indicates that the odds of NZD reaching 0.5845 are low, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 4
RPT-FOREX-US dollar steadies after jobs rout, Swiss franc drops
Dollar rebounds slightly after Friday's slideWeak jobs data, uncertainty over Fed independence undermine US economyInvestors pricing in almost 90% chance of September Fed cutBy Samuel Indyk and Rae Wee LONDON, Aug 4 (Reuters) - The U.S. dollar found some support on Monday after Friday's d...Reuters
Mon, Aug 4
FOREX-US dollar steadies after jobs rout, Swiss franc drops
Dollar rebounds slightly after Friday's slideWeak jobs data, uncertainty over Fed independence undermine US economyInvestors pricing in almost 90% chance of September Fed cutBy Samuel Indyk and Rae Wee LONDON, Aug 4 (Reuters) - The U.S. dollar found some support on Monday after Friday's d...Reuters
Mon, Aug 4
Medical equipment maker Bruker misses Q2 estimates, cuts forecast on academic market pressure
OverviewBruker Q2 2025 revenue falls 0.4% yoy, missing analyst expectationsNon-GAAP diluted EPS drops 38.5% yoy, missing estimates, per LSEG dataCo announces cost savings initiative to reduce annual costs by $100-120 mln in FY 2026OutlookBruker expects FY 2025 revenue of $3.43 to $3.50 blnCompany an...Reuters
Mon, Aug 4
GBP/USD: Expected to trade in a range between 1.3220 and 1.3320 – UOB Group
Pound Sterling (GBP) is expected to trade in a range between 1.3220 and 1.3320. In the longer run, the likelihood of GBP breaking clearly below 1.3140 has diminished considerably, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 4
Silver Price Forecast: XAG/USD returns above $37.00 with the bearish trend intact
Silver (XAG/USD) is drawing support from a depressed US Dollar and the recent decline in US Treasury yields to regain the $37.00 level, but the immediate trend remains bearish with the recent trend of lower highs and lower lows still intact.The precious metal bounced up from multi-week lows at $36.2
Fxstreet
Mon, Aug 4
INDIA RUPEE-Rupee extends slide on foreign outflows, dollar demand from oil firms
By Ashwin ManikandanMUMBAI, Aug 4 (Reuters) - The Indian rupee extended its decline against the U.S. dollar on Monday, pressured by persistent foreign outflows and sustained dollar demand from importers, particularly state-run oil companies, traders and analysts said.The rupee INR=IN closed at 87.65...Reuters
Mon, Aug 4
USD/JPY recovery remains limited below 148.00 with hopes of Fed cuts weighing
The US Dollar is posting moderate gains against the Japanese Yen on Monday, but remains limited below the 148.00 levels, and far below Friday’s highs near 151.00. Higher bets that the Fed will cut rates further in the next months are weighing on the US Dollar’s recovery.Fxstreet
Mon, Aug 4
South Africa outlines support measures in response to US tariffs
By Nellie Peyton JOHANNESBURG, Aug 4 (Reuters) - South Africa on Monday outlined support measures for local companies that will be hit by a 30% U.S. tariff this week, including exemptions from some competition rules and financial support facilities.It also dismissed speculation that its failure t...Reuters
Mon, Aug 4
Sterling advances against dollar, euro ahead of BoE policy announcement
By Samuel Indyk LONDON, Aug 4 (Reuters) - The British pound climbed against the dollar on Monday, adding to gains from Friday as the U.S. currency dropped following a weak U.S. jobs report, with the focus on the Bank of England's impending policy announcement later this week. The pound was la...Reuters
Mon, Aug 4
RPT-COLUMN-Brexit's parallels with Trump tariffs tell a tale: Mike Dolan
By Mike DolanLONDON, Aug 4 (Reuters) - In figuring out why the U.S. tariff shock hasn't sent the economy or financial world into a tailspin, Britain's exit from the European Union trade bloc provides something of a playbook - and without a particularly happy ending.Aside from vast difference...Reuters
Mon, Aug 4
EUR/USD: Chance for EUR to test 1.1625 – UOB Group
Sharp rally appears excessive, but there is a chance for Euro (EUR) to test 1.1625 against US Dollar (USD). In the longer run, for the time being, EUR is likely to trade in a range between 1.1435 and 1.1660, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Aug 4
