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CAD slips, fails to benefit from pro-risk mood – Scotiabank
The Canadian Dollar (CAD) is modestly lower on the session, unable to find any lift today from the bid for its FX commodity cousins or global stocks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Thu, Jul 24
FOREX-Dollar rises against euro, mixed versus yen on trade deal progress
Expectations for higher rates support yen, but politics weighExpected trade deal with Europe in line with expectationsMarkets watch for possible Lagarde comments on euro strengthAustralian dollar rises on risk asset rallyBy Stefano Rebaudo July 24 (Reuters) - The dollar edged higher against the e...Reuters
Thu, Jul 24
Auto tech provider Garrett Q2 net sales up, raises FY forecast
OverviewAuto tech provider Garrett Q2 2025 net sales rise 3% on favorable foreign currency impactAdjusted EBITDA for Q2 misses consensus, driven by unfavorable product mixCo raises full-year 2025 outlook, reflecting favorable foreign currency impactsOutlookGarrett Motion raises 2025 net sales outloo...Reuters
Thu, Jul 24
3D printing company Materialise misses Q2 revenue estimates, cuts FY sales forecast
Overview3D printing software and services provider's Q2 revenue falls 5.8%, missing analyst expectationsBelgium based company's Medical segment revenue grows 16.7% yr/yr, showing resilienceAdjusted EBITDA for Q2 beats analyst expectations, reflecting cost control effortsOutlookMaterialise re...Reuters
Thu, Jul 24
USD/JPY: Likely to trade in a range of 145.95/146.95 – UOB Group
US Dollar (USD) is likely to trade in a range of 145.95/146.95 against Japanese Yen (JPY). In the longer run, rapid increase in momentum indicates USD could weaken to 145.75, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jul 24
NZD/USD: May test 0.6060 before leveling off – UOB Group
As long as New Zealand Dollar (NZD) holds above 0.6015 against US Dollar (USD), it may test 0.6060 before leveling off. 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
Thu, Jul 24
SPECIAL REPORT-Syria is secretly reshaping its economy. The president's brother is in charge.
Syria's economy restructured by shadowy committeeCommittee led by individuals known only by pseudonyms Concerns over new oligarchy making key decisions in secretBy Timour Azhari and Feras Dalatey DAMASCUS, July 24 - In the weeks after Damascus fell to Syria’s rebels, a leading busi...Reuters
Thu, Jul 24
AUD/USD eases trims gains but remains near YTD highs above 0.6600
The Aussie is pulling back from the eight-month highs at 0.6625 hit earlier today, as the US Dollar pares some losses, but remains above 0.6600, consolidating gains after having rallied about 2% over the last five days.The trade deal between the US and Japan and hopes of an immediate agreement withFxstreet
Thu, Jul 24
RPT-COLUMN-Conditions as loose as 2021 call into question more Fed cuts: Mike Dolan
By Mike Dolan LONDON, July 24 (Reuters) - Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already overseeing the loosest financial conditions in the U.S. economy since before the central bank started hiking early in 2022.To be ...Reuters
Thu, Jul 24
Sterling poised to end 3-day rally vs dollar on economic, tax concerns
By Stefano Rebaudo July 24 (Reuters) - Sterling was set to snap a three-day winning streak against the dollar on Thursday, pressured by concerns over the UK economy and potential tax hikes.Progress in U.S. trade talks with key partners eased investor worries about a global trade war, sparking a r...Reuters
Thu, Jul 24
TRY: Restart of cutting cycle is here – Commerzbank
The Turkish central bank is likely to return to the cutting cycle today after tightening conditions in March and April. We expect a 250bp cut to 43.50% in line with market surveys. However, expectations are tilted towards a larger rate cut.Fxstreet
Thu, Jul 24
