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Fitch analyst sees fiscal policy as main risk to Japan's credit rating
Trend has been towards looser fiscal policy in Japan: analystPolls suggest LDP likely to lose in upper house electionFitch has set Japanese credit rating at ASales tax cuts demanded by opposition could put pressure on ratingBy Makiko Yamazaki TOKYO, July 16 (Reuters) - Fitch Ratings sees fiscal p...Reuters
Wed, Jul 16
FOREX-Dollar drops versus euro and yen, US PPI data in focus
US drops after hitting multi-week highsMarket focus on PPI data later todaySome economists argue CPI figures will not slow down Fed cutsTrump remarks on Powell in focusBy Stefano Rebaudo and Rae Wee July 16 (Reuters) - The dollar fell versus the euro and yen on Wednesday after hitting multi-w...Reuters
Wed, Jul 16
EUR/USD regains lost ground with investors cautious following hot US inflation figures
The EUR/USD pair is posting minor gains on Wednesday, correcting higher after losing more than 0.5% on Tuesday. US Consumer Prices Index (CPI) figures confirmed the inflationary trend foreseen by the Federal Reserve (Fed), curbing hopes of rate cuts in the coming months.
Fxstreet
Wed, Jul 16
GBP/JPY Price Forecast: Crucial upside barrier emerges near 200.00
The GBP/JPY cross trades with mild gains around 199.45 during the early European session on Wednesday. The hotter-than-expected UK June CPI inflation report provides some support to the Pound Sterling (GBP) against the Japanese Yen (JPY).
Fxstreet
Wed, Jul 16
Dollar firms with Treasury yields as Trump's tariffs cloud US rate outlook
SINGAPORE, July 16 (Reuters) - The U.S. dollar drew support from elevated Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.Reuters
Wed, Jul 16
USD/CHF treads water above 0.8000 as US Dollar holds ground due to market caution
USD/CHF continues its winning streak for the third successive session, trading around 0.8020 during the Asian hours on Wednesday. The pair appreciates as the US Dollar (USD) remains stable, traders adopt caution ahead of the upcoming US Producer Price Index (PPI) later on Wednesday.
Fxstreet
Wed, Jul 16
EUR/JPY Price Forecast: Remains bullish above 173.00, overbought RSI warrants caution for bulls
The EUR/JPY cross gains momentum to around 173.10 during the Asian trading hours on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) as traders reduce bets for an immediate interest rate hike by the Bank of Japan (BoJ) due to concerns over the economic fallout from higher US tariffs.
Fxstreet
Wed, Jul 16
EUR/USD rebounds from 1.1600 despite market caution ahead of US PPI data
EUR/USD halts its five-day losing streak, trading around 1.1610 during the Asian hours on Wednesday. The pair appreciates despite the stable US Dollar (USD), driven by traders’ caution ahead of the upcoming US Producer Price Index (PPI) later on Wednesday.Fxstreet
Wed, Jul 16
Silver Price Forecast: XAG/USD appreciates toward $38.00 due to tariff uncertainty
Silver price (XAG/USD) gains ground after registering losses in the previous two sessions, trading around $37.80 per troy ounce during the Asian hours on Wednesday. The safe-haven demand for Silver grows amid uncertainty from tariffs.
Fxstreet
Wed, Jul 16
Japanese Yen remains vulnerable near multi-month low against USD
The Japanese Yen (JPY) hit a fresh low since April against its American counterpart during the Asian session on Wednesday, with the USD/JPY bulls now awaiting a sustained strength beyond the 149.00 mark before placing fresh bets.
Fxstreet
Wed, Jul 16
Australia, NZ dollars draw support, with help from yen weakness
By Wayne Cole SYDNEY, July 16 (Reuters) - The Australian and New Zealand dollars found support on Wednesday after losing ground to a broadly firmer U.S. dollar, with the Aussie managing to hit a fresh five-month top on a struggling Japanese yen.The U.S. currency was lifted by Treasury yields afte...Reuters
Wed, Jul 16
UK CPI expected to remain steady in June, still above BoE target
The United Kingdom (UK) June Consumer Price Index (CPI) is scheduled for release on Wednesday at 06:00 GMT. The report, released by the Office for National Statistics (ONS), is closely watched amid the potential impact of inflation data on the Bank of England (BoE) monetary policy decisions.Fxstreet
Wed, Jul 16
