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EXCLUSIVE-Bank of England scrutinizes lenders for dollar risk amid Trump worries, sources say
BoE joins European supervisors in warning about dollar riskUK banks with global presence under scrutiny - sourcesBanks run internal stress test for dollar funding shocks - sourcesTrump's criticism of Powell adds to worries on dollar, FedWhite House says investors and markets remain confidentBy S...Reuters
Fri, Jul 18
Australian Dollar rebounds as US Dollar softens
The Australian Dollar (AUD) is recovering lost ground on Friday after a sharp sell-off on Thursday, which was fueled by weaker-than-expected jobs data. The rebound is supported by a softer US Dollar and a rise in Australia’s 10-year government bond yield, which is easing pressure on the Aussie.
Fxstreet
Fri, Jul 18
GBP/USD edges higher as UK jobs data eases BoE pressure, Fed doves resurface
The GBP/USD rises on Friday during the North American session, up by 0.21% amid a scarce economic docket in both sides of the Atlantic. Soft data announced in the United States (US) slightly boosted the Greenback, though the pair trades at 1.3442 after hitting a daily low of 1.3406.
Fxstreet
Fri, Jul 18
FOREX-Dollar drops but maintains modest weekly gains
Dollar drops, but on track for weekly gainFocus on Fed policy as Trump attacks PowellYen edges up ahead of Japanese electionsBy Karen Brettell NEW YORK, July 18 (Reuters) - The U.S. dollar slipped on Friday but held onto weekly gains, as investors weighed signs that tariffs may be starting to inc...Reuters
Fri, Jul 18
Russian rouble weakens against US dollar after fresh EU sanctions
MOSCOW, July 18 (Reuters) - The Russian rouble weakened against the U.S. dollar and China's yuan on Friday after the European Union agreed on its 18th package of sanctions against Russia over its war in Ukraine, which included measures against the Russian energy industry.As of 1245 GMT, the roub...Reuters
Fri, Jul 18
G20 finance chiefs agree communique stressing importance of central bank independence
DURBAN, South Africa, July 18 (Reuters) - Finance leaders from the Group of Twenty (G20) countries agreed a final communique on Friday that stressed the importance of central bank independence following a two-day meeting in Durban, South Africa."Central banks are strongly committed to ensuring p...Reuters
Fri, Jul 18
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.3% higher at C$1.3702 to the greenback, or 72.98 U.S. cents, after trading in a range of 1.3703 to 1.3753.Canadian government 10-year bond yields CA10YT...Reuters
Fri, Jul 18
EXCLUSIVE-Bank of England scrutinizes lenders for dollar risk amid Trump worries, sources say
BoE joins European supervisors in warning about dollar riskUK banks with global presence under scrutiny - sourcesBanks run internal stress test for dollar funding shocks - sourcesTrump's criticism of Powell adds to worries on dollar, FedBy Stefania Spezzati, Jesús Aguado and Lawrence White L...Reuters
Fri, Jul 18
JPY flat and underperforming G10 into weekend elections – Scotiabank
The Japanese Yen (JPY) is flat against the US Dollar (USD) and but losing ground against all of the G10 currencies in an environment of broad-based USD weakness as we head into Friday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
Fri, Jul 18
GBP recoverys post CPI/jobs data with fundamental support via spreads – Scotiabank
The Pound Sterling (GBP) is up a modest 0.2% against US Dollar (USD) as it mildly underperforms its G10 peers heading into Friday’s NA open, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
Fri, Jul 18
USD/JPY strength has paused for now – UOB Group
The current price action appears to be part of a 147.65/148.85 range trading phase. In the longer run, USD strength has paused for now; it is expected to trade in a range of 146.90/149.20, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 18
FOREX-Japanese yen soft ahead of Sunday election, US dollar clings to weekly gains
Yen could weaken through 150 a dollar if ruling party loses election, analyst says Dollar index rises after strong retail sales dataUS currency still faces pressure from Trump attacks on Fed chiefBy Kevin Buckland TOKYO/LONDON, July 18 (Reuters) - The yen came under pressure on Friday heading int...Reuters
Fri, Jul 18
AUD/USD: Likely to consolidate in a range of 0.6475/0.6535 – UOB Group
Australian Dollar (AUD) is likely to consolidate in a range of 0.6475/0.6535 against US Dollar (USD). In the longer run, downward momentum has built further, but AUD may consolidate first before attempting to break below 0.6455, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 18
Pound mixed at end of busy data week, BoE policy top of mind for traders
LONDON, July 18 (Reuters) - The pound was set to finish the week down on the dollar and a fraction stronger against the euro as traders digested data that caused analysts to pare back expectations of near-term Bank of England easing and worry about longer-term economic prospects. Sterling was last u...Reuters
Fri, Jul 18
