News
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Silver Price Forecast: XAG/USD falls to near $39.00 due to trade deals optimism
Silver price (XAG/USD) extends its losses for the second successive session, trading around $39.10 per troy ounce during the Asian hours on Thursday. The price of Silver struggles due to weakened safe-haven demand, driven by the optimism over further trade deals between the US and key partners.
Fxstreet
Thu, Jul 24
Australian Dollar extends winning streak following improved PMI data
The Australian Dollar (AUD) advances against the US Dollar (USD) on Thursday, extending its gains for the fifth consecutive day. The AUD/USD pair is reaching fresh eight-month highs above 0.6600 following the release of Australia's preliminary Judo Bank Purchasing Managers Index (PMI) data.
Fxstreet
Thu, Jul 24
Tequila giant Becle quadruples profit even as demand dries up
Becle's Q2 net profit surged 300% largely on FX gainsStripping out FX, net sales down in all foreign marketsBecle points to volatile environment, high inventoriesNevertheless, Santander sees market welcoming profit beatBy Sarah Morland MEXICO CITY, July 23 (Reuters) - Becle CUERVO.MX, the wor...Reuters
Thu, Jul 24
NZD/USD gathers strength to above 0.6050 on trade optimism
The NZD/USD pair trades in positive territory near 0.6055 during the early Asian session on Thursday, bolstered by improved risk sentiment. Traders will keep an eye on the prospects of US-China trade deals that could improve the global economic outlook.
Fxstreet
Thu, Jul 24
FOREX-Yen, euro lifted by progress on trade
Market 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 years on Thursday while the yen held to ga...Reuters
Thu, Jul 24
Brazil's Lula proposes start to negotiating expanded trade agreement with Mexico
BRASILIA, July 23 (Reuters) - Brazilian President Luiz Inacio Lula da Silva on Wendesday proposed kicking off talks to expand his nation's trade deal with Mexico in a phone call with his counterpart Claudia Sheinbaum, Brazil said. Authorities from both countries had already said last year they s...Reuters
Wed, Jul 23
USD/CAD flat lines near 1.3600, traders brace for US PMI/ Canadian Retail Sales data
The USD/CAD pair holds steady near 1.3600 during the early Asian session on Thursday. However, positive sentiment from a new US trade deal could improve the global economic outlook and lift the Canadian Dollar (CAD).
Fxstreet
Wed, Jul 23
EUR/USD rises as US–EU deal hopes offset trade jitters ahead of ECB's decision
The EUR/USD advanced during the North American session, up 0.16%, as rumors had grown that the United States and the European Union (EU) are about to sign a deal, similar to the one inked between Washington and Tokyo on Tuesday.
Fxstreet
Wed, Jul 23
ECB to keep rates steady as trade conflict clouds economic outlook
ECB awaits outcome of U.S.-EU trade talks Trump's threatened 30% tariff steeper than ECB expectedOne further cut seen as likely by year-endBy Francesco Canepa and Balazs Koranyi FRANKFURT, July 24 (Reuters) - The European Central Bank was set to keep interest rates on hold on Thursday, pausin...Reuters
Wed, Jul 23
CANADA FX DEBT-Canadian dollar steadies near three-week high as investor sentiment rises
Loonie touches strongest since July 4 at 1.3576Price of oil settles 0.1% lowerCanadian bond yields rise across the curveBy Fergal Smith TORONTO, July 23 (Reuters) - The Canadian dollar was barely changed against its U.S. counterpart on Wednesday, with the commodity-linked currency holding near an...Reuters
Wed, Jul 23
NZD/USD gains ground amid easing trade tensions and weaker USD
The New Zealand Dollar (NZD) extends gains for a second straight day against the US Dollar (USD) on Wednesday, as the Greenback remains under pressure amid a modest recovery in risk appetite following somewhat easing global trade tensions.Fxstreet
Wed, Jul 23
FOREX-Dollar falls against yen as markets weigh new trade deal, Japanese politics
Japan to invest $550 billion in U.S., tariffs reduced to 15%Uncertainty over tariffs keeping forex market on edgeJapanese PM Shigeru Ishiba denies reports he would quit Aussie dollar hits eight-month high, euro edges higherBy Alun John, Gertrude Chavez-Dreyfuss and Chibuike Oguh LONDON/NEW YORK, ...Reuters
Wed, Jul 23
After U.S.-Japan, U.S.-EU Nears 15% Tariff Deal — Euro and European Stocks Rally, But Risks Remain
TradingKey - Following the U.S.-Japan agreement on a 15% tariff rate, the United States and European Union are now reportedly close to reaching a similar trade deal — reinforcing market expectations that the Japan accord served as a template for broader negotiations.
TradingKey
Wed, Jul 23
