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INDIA RUPEE-Barclays says rupee fall 'overdone', BofA Global Research stays bullish
By Jaspreet KalraMUMBAI, July 24 (Reuters) - The Indian rupee's recent fall looks overdone to analysts at Barclays while their counterparts at BofA Global Research reckon that portfolio flows and a weak outlook for the dollar may help the rupee rise over the remainder of the year. Both hedge fun...Reuters
Thu, Jul 24
EUR/GBP gathers strength to above 0.8650, all eyes on ECB rate decision
The EUR/GBP cross trades in positive territory near 0.8670 during the early European session on Thursday, bolstered by optimism surrounding the European Union (EU) and the United States (US) trade deal. The European Central Bank (ECB) interest rate decision will take center stage later on Thursday.
Fxstreet
Thu, Jul 24
EXPLAINER-Why the Russian rouble is outperforming and what it means
MOSCOW, July 24 (Reuters) - The Russian rouble's 45% rise against the U.S. dollar since the start of the year has made it one of the world's best performing currencies - but the sharp appreciation is proving to be a double-edged sword for the heavily sanctioned Russian economy.The strength o...Reuters
Thu, Jul 24
Australian dollar hits 8-month high on cautious RBA, trade deal hopes
SYDNEY, July 24 (Reuters) - The Australian dollar hit an eight-month high on Thursday, aided by less dovish central bank speak and a rally in global stocks on trade deal optimism, while kiwi lagged a little behind. Overnight, Wall Street extended its record breaking rally after the U.S.-Japan trade ...Reuters
Thu, Jul 24
FOREX-Euro, yen upbeat on trade progress
Trump to visit Federal Reserve on ThursdayMarket mood buoyant as more trade deals expectedEuro steady, yen holds gains despite domestic political uncertaintyFocus on ECB rate decision later in the dayBy Rae Wee SINGAPORE, July 24 (Reuters) - The euro crept toward its highest level in nearly four ...Reuters
Thu, Jul 24
EUR/USD extends the rally above 1.1750 ahead of ECB rate decision
The EUR/USD pair extends its upside to around 1.1775 during the early European session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) amid hope for the European Union (EU) and the United States (US) trade deal.Fxstreet
Thu, Jul 24
China's yuan hits 8-month high as PBOC moves to boost investor confidence
SHANGHAI, July 24 (Reuters) - China's yuan hit an eight-month high against the dollar on Thursday, after the central bank guided the currency significantly higher in what analysts interpreted as an attempt to boost investor confidence.The currency's strength, which was partly guided by China...Reuters
Thu, Jul 24
AUD/JPY weakens to near 96.50 on optimism over trade deal
The AUD/JPY cross declines to near 96.60 during the Asian trading hours on Thursday. The Australian Dollar (AUD) remains weak against the Japanese Yen (JPY) despite the hawkish remarks from the Reserve Bank of Australia (RBA) policymakers.
Fxstreet
Thu, Jul 24
EUR/JPY Price Forecast: Trades around 172.00 after breaking below nine-day EMA
EUR/JPY breaks its five-day winning streak, trading around 171.90 during the Asian hours on Thursday. The bullish bias is strengthening as the technical analysis of the daily chart shows that the currency cross moves upwards within the ascending channel pattern.
Fxstreet
Thu, Jul 24
FOREX-Yen, euro buoyant on trade progress
Trump to visit Federal Reserve on ThursdayMarket mood buoyant as more trade deals expectedEuro steady, yen holds gains despite domestic political uncertaintyFocus on ECB rate decision later in the dayBy Rae Wee SINGAPORE, July 24 (Reuters) - The euro crept toward its highest level in nearly four ...Reuters
Thu, Jul 24
