News
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NZD/USD moves away from over one-month low, climbs to 0.5925-0.5930 on softer USD
The NZD/USD pair gains strong positive traction during the Asian session on Thursday and for now, seems to have snapped a five-day losing streak to sub-0.5900 levels, or over a one-month low touched the previous day.
Fxstreet
Thu, Jul 31
Swiss National Bank posts H1 loss of 15.3 bln francs as dollar weakness weighs
ZURICH, July 31 (Reuters) - The Swiss National Bank SNBN.S on Thursday reported a loss of 15.3 billion Swiss francs ($18.83 billion) for the first half of the year as the weakening dollar took a big bite out of the value of the central bank's U.S investments.The SNB made a loss of 22.7 billion ...Reuters
Thu, Jul 31
EUR/USD finds temporary support near 1.1400 ahead of Eurozone HICP, US NFP data
The EUR/USD pair attracts some bids near the round level of 1.1400 during the Asian trading session on Thursday. The major currency pair finds cushion as the US Dollar (USD) takes a breather after a five-day winning streak.
Fxstreet
Thu, Jul 31
Silver Price Forecast: XAG/USD attracts some buyers to above $37.00 on softer US Dollar
The Silver price (XAG/USD) trades in positive territory around $37.20 during the Asian trading hours on Thursday, bolstered by a weaker US Dollar (USD). Investors brace for further development surrounding US President Donald Trump’s tariff policy on major trade partners.
Fxstreet
Thu, Jul 31
AUD/JPY Price Forecast: Falls to near 96.00 as sentiment remains neutral
AUD/JPY loses ground for the fourth successive session, trading around 96.10 during the Asian hours on Thursday. The technical analysis of the daily chart shows that the currency cross moves sideways within the rectangular pattern, suggesting a prevailing neutral sentiment.
Fxstreet
Thu, Jul 31
FOREX-Yen rises on BOJ's cautious optimism; dollar eyes first monthly gain this year
BOJ revises up inflation forecasts; yen strengthens slightlyDollar buoyant, eyes first monthly gain for the yearFed reiterates patient approach on ratesSouth Korea to face 15% US tariffs, more trade deals awaitedBy Rae Wee SINGAPORE, July 31 (Reuters) - The yen edged marginally higher on Thursday...Reuters
Thu, Jul 31
EUR/JPY holds losses near 170.00 after BoJ policy, German HICP data awaited
EUR/JPY continues its losing streak for the fourth consecutive day, trading around 169.90 during the Asian session on Thursday. The currency cross loses ground following the release of the Bank of Japan’s (BoJ) interest rate decision.
Fxstreet
Thu, Jul 31
FOREX-Yen rises after BOJ decision; dollar eyes first monthly gain this year
BOJ stands pat on rates; yen strengthens slightlyDollar buoyant, eyes first monthly gain this yearFed reiterates patient approach on ratesSouth Korea to face 15% US tariffs, more trade deals awaitedBy Rae Wee SINGAPORE, July 31 (Reuters) - The yen ticked slightly higher on Thursday after Japan...Reuters
Thu, Jul 31
Australia, NZ dollars find support after setback; Aussie data aids
By Wayne Cole SYDNEY, July 31 (Reuters) - The Australian and New Zealand dollars steadied on Thursday after losing ground to a broadly firmer U.S. currency, while the Aussie drew support from surprising strength in domestic consumption data. The Aussie edged up 0.3% to $0.6451 AUD=D3, having slid...Reuters
Thu, Jul 31
South Korea finance minister says no discussion on FX in US trade talks
SEOUL, July 31 (Reuters) - South Korea's Finance Minister Koo Yun-cheol said on Thursday there was no discussion on foreign exchange during the latest rounds of tariff talks with the United States.A ministry spokesperson said, however, that consultations on the issue were still underway separate...Reuters
Thu, Jul 31
Japan's FX reserve account reaps record surplus in FY2024
TOKYO, July 31 (Reuters) - Japan logged a record surplus of $36 billion from a special government account for foreign exchange reserves in the last fiscal year through March, thanks to solid returns on foreign assets which were amplified by a weaker yen.The surplus from the special account, which ma...Reuters
Thu, Jul 31
FOREX-Dollar eyes first monthly gain for the year as Fed in no hurry to ease rates
Dollar buoyant, eyes first monthly gain this yearFed reiterates patient approach on ratesSouth Korea to face 15% US tariffs, more trade deals awaitedEyes on BOJ rate decision later in the dayBy Rae Wee SINGAPORE, July 31 (Reuters) - The dollar flirted with a two-month peak on Thursday after Feder...Reuters
Thu, Jul 31
USD/CAD posts modest gains above 1.3800 as BoC signals possible cuts ahead
The USD/CAD pair posts modest gains near 1.3830 during the Asian trading hours on Thursday. The US Dollar (USD) edges higher against the Canadian Dollar (CAD) after the Federal Reserve (Fed) left US interest rates unchanged and signaled the US central bank isn’t ready to cut rates.
Fxstreet
Thu, Jul 31
