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EUR/GBP strengthens above 0.8675, traders brace for ECB rate decision
The EUR/GBP cross edges higher to near 0.8675 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) is expected to hold the interest rate steady at its July meeting on Thursday.
EUR/GBP
Fxstreet
Tue, Jul 22
Compass Group Reports 8.6% Organic Revenue Growth In Q3
July 22 (Reuters) - Compass Group PLC CPG.L:IF CURRENT SPOT RATES WERE TO CONTINUE, FOREIGN EXCHANGE TRANSLATION WOULD NEGATIVELY IMPACT FISCAL 2024 REVENUE BY $57MIF CURRENT SPOT RATES WERE TO CONTINUE, FOREIGN EXCHANGE TRANSLATION WOULD NEGATIVELY IMPACT FISCAL 2024 OPERATING PROFIT BY $13MUPGRADI...
Reuters
Tue, Jul 22
UK borrows 20.7 billion pounds in June, ONS says
LONDON, July 22 (Reuters) - Britain's government borrowed 20.68 billion pounds ($27.86 billion) in June, official data showed on Tuesday.A Reuters poll of economists showed a median forecast of 16.5 billion pounds for public sector net borrowing last month.($1 = 0.7423 pounds)
Reuters
Tue, Jul 22
Silver Price Forecast: XAG/USD ticks down to near $38.80, stays close to multi-decadal highs
Silver price (XAG/USD) edges lower to near $38.80 during the early European session on Tuesday. Still, the white metal is close to its decadal high around $39.00.
Silver
Fxstreet
Tue, Jul 22
EUR/JPY Price Forecast: Constructive outlook in place above 172.50
The EUR/JPY cross gains traction to around 172.60 during the early European session on Tuesday.
EUR/JPY
Fxstreet
Tue, Jul 22
FOREX-US dollar indecisive as investors await more tariff clarity
Currencies trade in tight rangeYen holds on to gains after Japan's upper house election result Investors eyeing progress in more trade talksBy Rae Wee SINGAPORE, July 22 (Reuters) - The U.S. dollar traded in a tight range on Tuesday after a brief fall at the start of the week, as investors wa...
Reuters
Tue, Jul 22
USD/INR opens higher on foreign funds outflow, delay in US-India trade deal
The Indian Rupee (INR) opens on a negative note against the US Dollar (USD) on Tuesday. The USD/INR pair extends its winning streak for the fourth trading day, trades higher close to a four-week high around 86.50.
Fxstreet
Tue, Jul 22
GBP/USD edges lower below 1.3500 as uncertainty deepens ahead of August 1 tariff deadline
GBP/USD inches lower after registering more than 0.5% gains in the previous session, trading around 1.3480 during the Asian hours on Tuesday.
GBP/USD
Fxstreet
Tue, Jul 22
USD/CHF softens to below 0.8000 as tariff uncertainty continues
The USD/CHF pair trades with mild losses near 0.7980 during the Asian trading hours on Tuesday, pressured by a weaker US Dollar (USD) and lower Treasury yields. Investors remain cautious ahead of the US deadline of August 1 for countries to strike trade deals with the US or face more tariffs.
USD/CHF
Fxstreet
Tue, Jul 22
Yuan slips as corporate dollar demand offsets boost from possible Trump-Xi meet
SHANGHAI, July 22 (Reuters) - China's yuan slipped against the dollar, which drew strong corporate demand during Tuesday's session and offset improved sentiment on reports the leaders of the world's two largest economies were planning to meet.Aides to U.S. President Donald Trump and Chin...
Reuters
Tue, Jul 22
Australia, NZ dollars hit pause as rate outlook pondered
By Wayne Cole SYDNEY, July 22 (Reuters) - The Australian and New Zealand dollars were flat on Tuesday as concerns about U.S. tariffs and central bank independence hamstrung the greenback, offsetting a dovish outlook for interest rates at home.Minutes of the Reserve Bank of Australia July board me...
Reuters
Tue, Jul 22
JPMorgan Explores Lending Against Clients’ Cryptocurrency - FT
July 22 (Reuters) - JPMorgan Chase & Co JPM.N:JPMORGAN EXPLORES LENDING AGAINST CLIENTS’ CRYPTOCURRENCY - FTSource text: https://tinyurl.com/454wnywr
Reuters
Tue, Jul 22
EUR/USD holds onto gains near 1.1700 amid US-EU trade tensions
The EUR/USD pair clings to gains made on Monday around 1.1700 during the Asian trading session on Tuesday. The major currency pair strengthens as the US Dollar (USD) corrects sharply, following a fresh escalation in trade tensions between the United States (US) and the European Union (EU).
EUR/USD
Fxstreet
Tue, Jul 22
India Morning Newsletter, July 22
To access a PDF version of this newsletter, please click here If you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-Subscriptionpage For an index of our newsletters click on NEWSL
Reuters
Tue, Jul 22
Australian Dollar holds losses following RBA Meeting Minutes
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Tuesday after two days of losses. The AUD/USD pair remains subdued following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes.
AUD/USD
Fxstreet
Tue, Jul 22
NZD/USD weakens to near 0.5950 as cooler CPI hints at early rate cuts by RBNZ
The NZD/USD pair edges lower to around 0.5960 during the Asian trading hours on Tuesday. The New Zealand (NZD) softens against the Greenback as fresh inflation data in New Zealand rose less than forecast in the June quarter.
NZD/USD
Fxstreet
Tue, Jul 22
USD/JPY gathers strength to near 147.50 amid tariff uncertainty
The USD/JPY pair attracts some buyers near 147.55 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) weakens against the US dollar (USD) due to political uncertainty and rising concerns over the direction of future fiscal policy in Japan.
USD/JPY
Fxstreet
Tue, Jul 22
Bolsonaro's son says Brazil's top court froze his assets
SAO PAULO, July 21 (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes ordered the freezing of the accounts and assets of former President Jair Bolsonaro's third son, Eduardo Bolsonaro, the latter said in a post on social media on Monday.Eduardo, a Brazilian congressman who has been ...
Reuters
Tue, Jul 22
FOREX-Dollar indecisive as investors await more tariff clarity
Currencies trading in tight rangeYen holds to gains following Japan's upper house election outcomeInvestors look for progress in more trade talksBy Rae Wee SINGAPORE, July 22 (Reuters) - The dollar traded in a tight range on Tuesday after a brief fall at the start of the week, as investors wa...
Reuters
Tue, Jul 22
Brazil judge summons Bolsonaro's lawyers for incompliance with court orders, local media reports
SAO PAULO, July 21 (Reuters) - Brazilian Supreme Court Justice Alexandre de Moraes summoned the lawyers of former President Jair Bolsonaro to clarify Bolsonaro's alleged non-compliance with court orders restricting his use of social media, news outlet G1 reported on Monday. Moraes gave Bolsonaro...
Reuters
Mon, Jul 21
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