News
Important Only
Australia, NZ dollars steady after tumble, gain on battered euro
SYDNEY, July 29 (Reuters) - The Australian and New Zealand dollars steadied on Tuesday, having tumbled overnight on worries that President Donald Trump's new trade deal with Europe could weigh on economic growth there, sending the euro sharply lower. The Aussie AUD=D3 was little changed at $0.65...Reuters
Tue, Jul 29
EUR/JPY Price Forecast: Retreats further from yearly top; seems vulnerable below 172.00
The EUR/JPY cross extends the previous day's retracement slide from the vicinity of the 174.00 mark, or a fresh one-year high, and drifts lower for the second consecutive day on Tuesday. Spot prices drop to the 171.80 region during the Asian session and seem vulnerable to slide further.
Fxstreet
Tue, Jul 29
GBP/USD Price Forecast: Falls below 1.3350 due to prevailing bearish bias
The GBP/USD pair extends its losing streak for the fourth successive session, trading around 1.3340 during the Asian hours on Tuesday. The bearish bias prevails as the daily chart’s technical analysis suggests that the pair remains within the descending channel pattern.
Fxstreet
Tue, Jul 29
UBS orders bankers to scale back sale of complex currency products, FT reports
July 29 (Reuters) - UBS UBSG.S has ordered bankers to scale back sales of complex currency derivatives after its clients suffered heavy losses due to U.S. President Donald Trump's "Liberation day" tariff announcements, the Financial Times reported on Tuesday.Reuters could not immediately...Reuters
Tue, Jul 29
Australia, NZ dollars steady after tumble, gain on battered euro
SYDNEY, July 29 (Reuters) - The Australian and New Zealand dollars steadied on Tuesday, having tumbled overnight on worries that President Donald Trump's new trade deal with Europe could weigh on economic growth there, sending the euro sharply lower. The Aussie AUD=D3 inched up 0.1% to $0.6528, ...Reuters
Tue, Jul 29
EUR/USD remains below 1.1600 as US-EU trade deal appears to favor US economy
EUR/USD moves little after registering more than 1% losses in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on trade optimism, driven by the trade deal between the United States (US) and the European Union (EU).
Fxstreet
Tue, Jul 29
Ex-BOJ deputy chief Nakaso sees 'cracks' in dollar's supremacy
Global economy at 'inflection point' as fragmentation risk risesNo change to dollar's supremacy but diversification to continueBOJ likely to resume interest rate hike once uncertainty clearsBOJ must be vigilant to upside inflation risks, Nakaso saysBy Leika Kihara TOKYO, July 29 (Reut...Reuters
Tue, Jul 29
USD/CAD hovers near 1.3750 amid uncertainty over US-Canada tariff deal
USD/CAD halts its three-day winning streak, trading around 1.3740 during the Asian hours on Tuesday. The pair may further appreciate as the Canadian Dollar (CAD) could struggle amid rising tariff uncertainty between the United States (US) and Canada.
Fxstreet
Tue, Jul 29
NZD/USD bounces off one-week low; remains below 0.6000 as traders await FOMC decision on Wednesday
The NZD/USD pair rebounds a few pips from a one-week trough touched during the Asian session on Tuesday and climbs to the 0.5975 region in the last hour. Spot prices, for now, seem to have snapped a three-day losing streak, though any meaningful recovery seems elusive.
Fxstreet
Tue, Jul 29
AUD/USD holds ground above 0.6500, eyes on US-China trade talks
AUD/USD edges higher after registering losses in the previous three sessions, trading around 0.6520 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on the trade deal between the United States (US) and the European Union (EU).
Fxstreet
Tue, Jul 29
FOREX-Euro under pressure as US-EU trade deal fails to impress
Euro struggles after 1.3% fall overnightUS-EU trade deal criticised by some Eurozone leadersDollar buoyant, focus on Fed, BOJ nextBy Rae Wee SINGAPORE, July 29 (Reuters) - The euro struggled to recoup its steep losses on Tuesday as investors sobered up to the fact that terms of the trade deal bet...Reuters
Tue, Jul 29
EUR/USD plunges over 1% as US–EU trade deal boosts US Dollar
The EUR/USD dropped more than 1% on Monday as investors bought the Dollar on news that the United States (US) and the European Union (EU) had reached a trade agreement, similar to the one inked by Japan. The pair trades at 1.1590 after reaching a high of 1.1771.Fxstreet
Mon, Jul 28
Brazil cenbank to auction up to $1 billion with repurchase deal on July 29
SAO PAULO, July 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement on Tuesday morning, the monetary authority said in a statement on Monday.The auction aims to roll over contracts maturing on August 4, and will start at 10:30 a.m. loca...Reuters
Mon, Jul 28
Brazil cenbank to auction up to $1 billion with repurchase deal on July 29
SAO PAULO, July 28 (Reuters) - The Brazilian central bank will offer up to $1 billion in a dollar auction with repurchase agreement on Tuesday morning, the monetary authority said in a statement on Monday.The auction aims to roll over contracts maturing in August, and will start at 10:30 a.m. local ...Reuters
Mon, Jul 28
Simpson Manufacturing beats Q2 sales estimates, reaffirms FY25 guidance
OverviewSimpson Manufacturing Q2 net sales rise 5.7% yr/yr, beating analyst expectations, per LSEG dataNet income per diluted share increases 6.9% yr/yr to $2.47Co repurchased $35 mln of common stock during the quarterOutlookSimpson Manufacturing reaffirms 2025 guidanceCompany estimates 2025 operati...Reuters
Mon, Jul 28
