News
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USD/CHF Price Forecast: Bearish outlook remains in play near 0.8000
The USD/CHF pair drifts lower to around 0.8010 during the early European session on Monday. Concerns over the economic impact of higher US tariffs keep investors on edge and boost the Swiss Franc (CHF), a traditional safe-haven currency.
Fxstreet
Mon, Jul 21
IFX Payments mulls withdrawing takeover offer for UK's Argentex
July 21 (Reuters) - Cross-border payments provider IFX Payments said on Monday that it was considering withdrawing its takeover offer for Argentex AGFX.L, days after the British currency risk management company appointed administrators amid a funding shortfall.Reuters
Mon, Jul 21
COLUMN-Cooler euro lets ECB off the hook: Mike Dolan
By Mike Dolan LONDON, July 21 (Reuters) - Continued uncertainty surrounding U.S. tariff policy means the European Central Bank can easily justify keeping interest rates on hold this week, but the euro's surprising retreat this month gives the policymakers additional cover to stand pat.The unf...Reuters
Mon, Jul 21
GBP/USD Price Forecast: Hovers above 1.3400 despite a persistent bearish bias
The GBP/USD pair edges higher for the second successive day, trading around 1.3420 during the Asian hours on Monday. However, the bearish bias persists as the daily chart’s technical analysis indicates that the pair remains within the descending channel pattern.
Fxstreet
Mon, Jul 21
FOREX-Yen takes Japan election in stride even as uncertainty beckons
Yen holds ground as markets had priced in Japan election resultsRuling coalition loses majority in upper houseInvestors brace for policy gridlock, fiscal worriesJapanese markets closed on Monday By Ankur Banerjee SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coa...Reuters
Mon, Jul 21
Japan PM Ishiba vows to stay in office to deal with US tariff talks
TOKYO, July 21 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Monday he needed to continue in office to deal with trade tariff negotiations with the United States and other economic issues following a bruising defeat in upper house elections.Reuters
Mon, Jul 21
EUR/USD Price Forecast: Holds steady around 1.1625 area; not out of the woods yet
The EUR/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band through the Asian session. Spot prices currently trade around the 1.1625 area, nearly unchanged for the day, amid mixed cues.
Fxstreet
Mon, Jul 21
Pausing for breath: Five questions for the ECB
ECB set to hold rates at 2%30% tariff threat bigger than ECB's worst case scenarioTariff uncertainty clouds growth, inflation outlookBy Yoruk Bahceli and Stefano Rebaudo LONDON, July 21 (Reuters) - The European Central Bank is set to pause for breath on Thursday after eight consecutive intere...Reuters
Mon, Jul 21
Japan PM vows to stay on after bruising election defeat
Ruling coalition loses majority in upper housePremier Ishiba to hold news conference at 0500GMTMain opposition considering no-confidence motionSome ruling party members voice doubts over leaderBy John Geddie and Tim Kelly TOKYO, July 21 (Reuters) - Japanese premier Shigeru Ishiba vowed to stay on...Reuters
Mon, Jul 21
New Zealand dollar falls as benign inflation boosts rate cut bets
Two-year NZ swap rates hit lowest since mid-MayMarkets narrow odds on RBNZ Aug rate cutRBA releases minutes on Tuesday, chief speaks on Thursday SYDNEY, July 21 (Reuters) - The New Zealand dollar slipped on Monday while local bonds rallied after inflation data proved not as bad as feared, with st...Reuters
Mon, Jul 21
EUR/USD inches lower to near 1.1600 as traders adopt caution on US-EU trade uncertainty
EUR/USD edges lower after registering gains in the previous session, trading around 1.1620 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) holds steady, as traders adopt caution due to renewed trade tensions ahead of the US tariff deadline on August 1.Fxstreet
Mon, Jul 21
FOREX-Yen firms as investors gird for political uncertainty
Yen holds ground as markets had priced in Japan election resultsRuling coalition loses majority in upper houseInvestors brace for policy gridlock, fiscal worriesJapanese markets closed on Monday By Ankur Banerjee SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coa...Reuters
Mon, Jul 21
Yen firms as investors gird for political uncertainty
SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coalition lost its majority in the upper house as investors braced for a period of policy paralysis and market tumult in the world's fourth-largest economy ahead of a deadline on tariff negotiations with the U.S.Reuters
Mon, Jul 21
