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Euro slips after Trump threatens 30% tariffs on EU
SINGAPORE, July 14 (Reuters) - The euro fell to a three-week low early on Monday while the Mexican peso also came under pressure after U.S. President Donald Trump threatened to impose a 30% tariff on imports from two of the largest U.S. trading partners beginning August 1.
EUR/USD
Reuters
Mon, Jul 14
USD/CHF remains below 0.8000 ahead of Swiss Producer, Import prices data
USD/CHF remains subdued for the second successive session, trading around 0.7970 during the Asian hours on Monday. The pair struggled as the Swiss Franc (CHF) receives support from increased safe-haven demand amid ongoing global trade uncertainties, driven uncertain tariff concerns.
USD/CHF
Fxstreet
Mon, Jul 14
INDIA RUPEE-Rupee pinned near key support on corporate dollar demand, cloudy tariff outlook
By Jaspreet Kalra MUMBAI, July 14(Reuters) - Dollar demand from foreign banks and a large local corporation, alongside tepid risk appetite amid lingering uncertainty on U.S. trade policies, drove the rupee lower to a closely watched support level on Monday.The South Asian currency INR=IN fleeting...
Reuters
Mon, Jul 14
EUR/USD Price Forecast: Downside looks likely below 20-day EMA amid US-EU trade tensions
The EUR/USD pair trades with caution around 1.1670 during the Asian trading session on Monday.
EUR/USD
Fxstreet
Mon, Jul 14
NZD/USD Price Forecast: Bears await break below 61.8% Fibo., around 0.5970 area
The NZD/USD pair attracts sellers for the second consecutive day on Monday and slides further below the 0.6000 psychological mark during the Asian session.
NZD/USD
Fxstreet
Mon, Jul 14
Silver Price Forecast: XAG/USD rises above $38.50 on rising demand
The Silver price ( XAG/USD) attracts some buyers to around $38.85, the highest since 2011 during the Asian trading hours on Monday. The white metal edges higher as US President Donald Trump's shock trade tariff on copper spurred a rush to import silver into the world's largest economy.
Silver
Fxstreet
Mon, Jul 14
USD/INR gains sharply at open on intensifying global trade jitters
The Indian Rupee (INR) opens lower against the US Dollar (USD) at the start of the week, sending the USD/INR pair higher to near 86.15.
Fxstreet
Mon, Jul 14
Australian Dollar loses ground following Chinese trade balance data
The Australian Dollar (AUD) fell against the US Dollar (USD) on Monday, following China’s trade balance data.
AUD/USD
Fxstreet
Mon, Jul 14
India Morning Newsletter, July 14
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Jul 14
Japanese Yen hangs near multi-week low against USD as trade jitters temper BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from a three-week low touched against a broadly retreating US Dollar (USD) during the Asian session on Monday.
USD/JPY
Fxstreet
Mon, Jul 14
USD/CAD holds positive ground near 1.3700 on fresh tariff threats
The USD/CAD pair posts modest gains near 1.3690 during the Asian trading hours on Monday. The Canadian Dollar (CAD) edges lower against the Greenback as US President Donald Trump intensifies the trade war with fresh tariffs on the European Union (EU) and Mexico.
USD/CAD
Fxstreet
Mon, Jul 14
Australia dollar slips from 8-month top as Trump flags EU tariffs, kiwi struggles
SYDNEY, July 14 (Reuters) - The Australian dollar slipped from eight-month highs on Monday after U.S. President Donald Trump issued tariff letters to the EU and Mexico, while the kiwi struggled to hold above 60 cents. The Aussie AUD=D3 was 0.1% lower at $0.6566, down from an eight-month high of $0.6...
Reuters
Mon, Jul 14
China's yuan-denominated exports in June rise 7.2% y/y, imports grow 2.3%
BEIJING, July 14 (Reuters) - China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data showed on Monday.
Reuters
Mon, Jul 14
EUR/USD rises to near 1.1700 due to Trump’s tariff threats on European Union
EUR/USD halts its three-day losing streak, trading around 1.1700 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) loses ground due to escalating global trade tensions.
EUR/USD
Fxstreet
Mon, Jul 14
NZD/USD softens to near 0.6000 as tariff tensions return, eyes on Chinese Trade Balance data
The NZD/USD pair trades in negative territory near 0.6000 during the early Asian trading hours on Monday. The renewed trade tensions triggered by US President Donald Trump drag the New Zealand Dollar (NZD) lower against the US Dollar (USD).
NZD/USD
Fxstreet
Mon, Jul 14
PBOC sets USD/CNY reference rate at 7.1491 vs. 7.1475 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1491 as compared to Friday's fix of 7.1475 and 7.1744 Reuters estimate.
USD/CNH
Fxstreet
Mon, Jul 14
GBP/USD holds steady around 1.3500; seems vulnerable near multi-week low
The GBP/USD pair enters a bearish consolidation phase during the Asian session and oscillates in a narrow band around the 1.3500 psychological mark, just a few pips above a three-week low touched on Friday.
GBP/USD
Fxstreet
Mon, Jul 14
FOREX-Euro eases after Trump threatens 30% tariffs on EU
Euro, Mexican peso dip after Trump's latest tariff threatsOverall currency reaction mutedTrump calls for Powell to step down againTraders eye China GDP, US CPI releasesBy Rae Wee SINGAPORE, July 14 (Reuters) - The euro fell to a three-week low on Monday while the Mexican peso also came under ...
Reuters
Sun, Jul 13
Brazil central bank to auction up to $1 billion with repurchase deal
SAO PAULO, July 11 (Reuters) - Brazil's central bank will sell up to $1 billion in a dollar auction with repurchase agreement on July 15, it said in a statement on Friday.The auction will start at 10:30 a.m. local time (1330 GMT) on Tuesday, the central bank said, adding the repurchase is set fo...
Reuters
Fri, Jul 11
EUR/USD slides below 1.1700 as tariff fears lift Dollar to 2-week high
EUR/USD finished the week with losses of over 0.70% and ended Friday’s session down 0.10% trading below the 1.1700 figure, cementing the case for a pullback to test key support levels as the Greenback posts its best week in four months. At the time of writing, the pair trades at 1.1688.
EUR/USD
Fxstreet
Fri, Jul 11
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