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Canadian Dollar extends declines against US Dollar on renewed Trump tariff threats
The Canadian Dollar (CAD) took another hit on Friday, extending into a two-day backslide against the US Dollar (USD) as Loonie traders hunker down for a fresh bout of tariff-fueled tirades from United States (US) President Donald Trump.
Fxstreet
Fri, Jul 25
Trump: strong dollar sounds good but 'you make a hell of a lot more' with a weaker one
By Maiya KeidanWASHINGTON, July 25 (Reuters) - U.S. President Donald Trump said on Friday he liked a strong dollar but "you make a hell of a lot more money" with a weaker one."So when we have a strong dollar, one thing happens: It sounds good. But you don't do any tourism. You can...Reuters
Fri, Jul 25
GBP/USD sinks as strong US data, weak UK Retail Sales weigh
The GBP/USD tumbles to a day's low after clearing the 1.3500 figure, following economic data from the United States (US) that justified the Federal Reserve’s need to maintain its current monetary policy. Conversely, UK Retail Sales disappointed investors after missing the mark.
Fxstreet
Fri, Jul 25
Russian central bank slashes key rate by 200 bps in biggest cut since May 2022
Central bank lowers 2025 inflation forecastSays inflation is declining faster than forecastBank maintains 2025 growth forecast at between 1% and 2%Nabiullina says attempts to pressure over rates harm economyRussian rouble weakens ahead of rate cutBy Elena Fabrichnaya and Gleb Bryanski MOSCOW, Jul...Reuters
Fri, Jul 25
FOREX-US dollar gains, but set for weekly drop as Fed, BOJ in focus
Sentiment boosted by US-Japan trade dealMarkets pause ahead of next week's Fed, BOJ policy meetingsFocus on US-EU trade negotiationsMarkets shrug off Trump's Fed visit Pound weakens against euro and dollar after soft economic data By Alun John and Gertrude Chavez-Dreyfuss LONDON/NEW YORK,...Reuters
Fri, Jul 25
EUR/USD flattens as US Dollar Firms; Trump Sees “50-50 Chance” of EU trade deal
The Euro (EUR) trades with a negative tone against the US Dollar (USD) on Friday as the Greenback regains upward momentum, supported by resilient US economic data, renewed trade optimism, and expectations that the Federal Reserve (Fed) will leave interest rates unchanged at its upcoming monetary polFxstreet
Fri, Jul 25
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% lower at C$1.3684 to the greenback, or 73.08 U.S. cents, after trading in a range of 1.3639 to 1.3688.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Fri, Jul 25
Brazil posts wider-than-expected current account gap in June, FDI disappoints
BRASILIA, July 25 (Reuters) - Brazil posted a larger-than-expected current account deficit in June, central bank data showed on Friday, while foreign direct investment (FDI) also came in below forecasts.The current account gap reached $5.13 billion in the month, exceeding the $4.36 billion median es...Reuters
Fri, Jul 25
FOREX-Dollar steadies but set for weekly drop as focus shifts to Fed, BOJ meetings
Sentiment boosted by US-Japan trade dealMarkets pause ahead of next week's Fed, BOJ policy meetingsFocus on US-EU trade negotiationsMarkets shrug off Trump's Fed visit Pound weakens on euro and dollar after soft economic data By Ankur Banerjee and Alun John SINGAPORE/LONDON, July 25 (Reut...Reuters
Fri, Jul 25
CAD weak and extending Thursday’s decline – Scotiabank
The Canadian Dollar (CAD) is weak, down 0.3% against the US Dollar (USD) and extending Thursday’s losses as it gives up the bulk of this week’s early gains, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Fri, Jul 25
NZD/USD has likely moved into a 0.6015/0.6055 – UOB Group
New Zealand Dollar (NZD) has likely moved into a 0.6015/0.6055 consolidation phase. In the longer run, NZD could continue to rise; the next level to watch is 0.6080, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jul 25
Brazil's current account deficit reaches $5.131 billion in June
BRASILIA, July 25 (Reuters) - Brazil posted a current account deficit of $5.131 billion in June, central bank data showed on Friday, while economists polled by Reuters were expecting a narrower $4.363 billion shortfall.Foreign direct investment for the month totaled $2.81 billion, well below the $4....Reuters
Fri, Jul 25
AUD/USD: Short-term momentum has eased slightly – UOB Group
The current price movements are likely part of a 0.6570/0.6615 consolidation phase. In the longer run, short-term momentum has eased slightly; AUD may still move to 0.6645, but the odds are not high, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 25
