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Italy HCOB Manufacturing PMI came in at 49.8, above forecasts (49) in July
Italy HCOB Manufacturing PMI came in at 49.8, above forecasts (49) in July
EUR/USD
Fxstreet
Fri, Aug 1
EUR/GBP recovery remains capped below 0.8665 with Eurozone inflation on focus
The Euro extends its recovery against the Sterling for the second consecutive day on Friday. Still, price action remains contained below the 0.8665 with investors awaiting manufacturing activity figures from the Eurozone and the UK ahead of July’s final Eurozone HICP figures.
EUR/GBP
Fxstreet
Fri, Aug 1
Forex Today: July Nonfarm Payrolls data to keep volatility high heading into weekend
Here is what you need to know on Friday, August 1:
Fxstreet
Fri, Aug 1
USD/CHF holds gains near 0.8150 as Trump slaps 39% tariff on Swiss goods
USD/CHF holds ground after registering losses in the previous session, trading around 0.8130 during the early European hours on Friday.
USD/CHF
Fxstreet
Fri, Aug 1
NZD/USD drops to 0.5870 area, lowest since mid-May as USD bulls await NFP report
The NZD/USD pair prolongs its downtrend for the seventh straight day and drops to its lowest level since mid-May, around the 0.5875-0.5870 region during the early European session on Friday.
NZD/USD
Fxstreet
Fri, Aug 1
AUD/JPY softens to below 97.00 as China's manufacturing activity shrinks
The AUD/JPY cross posts modest losses near 96.80 during the early European session on Friday. The downbeat Chinese economic data undermines the China-proxy Australian Dollar (AUD). China’s July Caixin Services Purchasing Managers Index (PMI) report will be released next week.
AUD/JPY
Fxstreet
Fri, Aug 1
USD/MXN remains below 19.00 as Trump grants Mexico 90-day reprieve from 30% tariff hike
USD/MXN inches lower after registering gains in the previous five consecutive days, trading around 18.90 during the Asian hours on Friday.
USD/MXN
Fxstreet
Fri, Aug 1
FOREX-Dollar strong as Trump imposes new tariff rates; yen slide spurs government warning
U.S. currency hits new highs after levies raised for some countries, including CanadaYen on back foot after Bank of Japan signals no hurry to resume rate hikesU.S. monthly jobs data due later in the dayBy Kevin Buckland TOKYO, Aug 1 (Reuters) - The dollar headed for its best week in almost three ...
Reuters
Fri, Aug 1
INDIA RUPEE-Firm central bank intervention, short culling helps shore up rupee
By Jaspreet Kalra MUMBAI, August 1 (Reuters) - The Indian rupee found its footing on Friday after slipping to within striking distance of a record low in the previous session, as firm intervention by the central bank and a cutting of short bets against the currency helped it stabilise.The rupee I...
Reuters
Fri, Aug 1
EUR/JPY Price Forecast: Positive view prevails near 172.00, investors await Eurozone HICP release
The EUR/JPY cross trades with mild losses near 172.00 during the early European session on Friday. The Euro (EUR) softens against the Japanese Yen (JPY) amid the tariff uncertainty surrounding the US-EU trade deal.
EUR/JPY
Fxstreet
Fri, Aug 1
USD/CAD Price Forecast: Sees upside to near 1.4000 while Carney criticizes Trump’s tariff raise
The USD/CAD pair posts a fresh two-month high near 1.3870 on Friday. The Loonie pair strengthens as an increase in the tariff rate announced by United States (US) President Donald Trump on imports from Canada has weakened the Canadian Dollar (CAD).
USD/CAD
Fxstreet
Fri, Aug 1
USD/INR corrects even as US-India trade tensions escalate
The Indian Rupee (INR) extends its recovery against the US Dollar (USD) for the second trading day on Friday.
Fxstreet
Fri, Aug 1
EUR/USD hovers near 1.1400 ahead of Eurozone HICP, US Nonfarm Payrolls
EUR/USD remains steady after mild gains registered in the previous session, trading around 1.1420 during the Asian hours on Friday. The pair holds ground ahead of the Eurozone Harmonized Index of Consumer Prices (HICP) data due later in the day.
EUR/USD
Fxstreet
Fri, Aug 1
GBP/USD holds below 1.3200 ahead of US NFP data
The GBP/USD pair extends the decline to near 1.3195 during the Asian trading hours on Friday. The Pound Sterling (GBP) edges lower against the Greenback due to rising expectations of the Bank of England (BoE) rate cut next week.
GBP/USD
Fxstreet
Fri, Aug 1
FOREX-Dollar strong as Trump imposes new tariff rates; yen slide spurs govt warning
U.S. currency hits new highs after levies raised for some countries, including CanadaYen on back foot after Bank of Japan signals no hurry to resume rate hikesDollar faces test with release of monthly jobs data later in the dayBy Kevin Buckland TOKYO, Aug 1 (Reuters) - The dollar headed for its b...
Reuters
Fri, Aug 1
India Morning Newsletter, August 1
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpage For an index of our newsletters click on NEWSL
Reuters
Fri, Aug 1
Australia, NZ dollars badly bruised as greenback makes a comeback
SYDNEY, Aug 1 (Reuters) - The Australian and New Zealand dollars were looking punch-drunk on Friday as six straight sessions of losses left them at multi-week lows on a resurgent greenback, though they held up better on other currencies.The Aussie was pinned at $0.6429 AUD=D3, and near a five-week l...
Reuters
Fri, Aug 1
Japanese Yen refreshes multi-month low against USD; seems vulnerable ahead of US NFP
The Japanese Yen (JPY) touches a fresh four-month low against its American counterpart during the Asian session on Friday and seems vulnerable to weaken further.
USD/JPY
Fxstreet
Fri, Aug 1
NZD/USD extends the decline to below 0.5900 on downbeat Chinese PMI data, renewed trade tensions
The NZD/USD pair extends its downside to around 0.5880 during the early Asian trading hours on Friday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) amid escalating trade tension between the United States (US) and China.
NZD/USD
Fxstreet
Fri, Aug 1
Australian Dollar loses ground following China’s dismal PMI
The Australian Dollar (AUD) edges lower on Friday, continuing its seven-day losing streak. The AUD/USD pair remains steady following the release of economic figures from Australia and its close trading partner, China.
AUD/USD
Fxstreet
Fri, Aug 1
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