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USD/CHF ticks up to near 0.7980 in a sour market mood
The USD/CHF pair edges higher to near 0.7980 during Asian trading hours on Friday. The Swiss Franc pair trades broadly stable in a risk-averse market mood, followed by fears of an increase in United States (US) 10% tariff blanket.
Fxstreet
Fri, Jul 11
China's yuan inches higher on firmer PBOC guidance even as dollar rises
SHANGHAI, July 11 (Reuters) - China's yuan inched higher against the dollar on Friday, as the central bank set a much stronger guidance fix, in what investors interpreted as an official sign to keep the currency stable following U.S. President Donald Trump's new wave of tariffs.Prior to mark...Reuters
Fri, Jul 11
In major shift, Shanghai regulator mulls policy responses to stablecoins and cryptocurrencies
By Summer Zhen HONG KONG, July 11 (Reuters) - A Shanghai regulator said it held a meeting this week for local government officials to consider strategic responses to stablecoins and digital currencies - a marked shift in tone for China where crypto trading is banned.The Thursday meeting was organ...Reuters
Fri, Jul 11
EUR/USD attracts some sellers below 1.1700 as traders await US-EU tariff deal
The EUR/USD pair extends the decline to around 1.1680 during the Asian trading hours on Friday. The Euro (EUR) faces some selling pressure against the Greenback after US President Donald Trump announced a new tariffs policy, adding to the uncertainty around his evolving trade policy.
Fxstreet
Fri, Jul 11
AUD/JPY Price Forecast: Reaches fresh five-month highs near 97.00
AUD/JPY extends its gains for the second successive session, trading around 96.70 during the Asian hours on Friday. As per the technical analysis of the daily chart, the currency cross remains within the ascending channel pattern, indicating a prevailing bullish bias.
Fxstreet
Fri, Jul 11
Japanese Yen dives back closer to weekly trough against a broadly firmer USD
The Japanese Yen (JPY) drifts lower against a broadly stronger US Dollar (USD) during the Asian session on Friday and remains on track to register weekly losses amid reduced bets for an immediate rate hike by the Bank of Japan (BoJ).
Fxstreet
Fri, Jul 11
Australian Dollar prepares to extend its winning streak despite a stronger US Dollar
The Australian Dollar (AUD) is poised to continue its winning streak for the fourth successive session against the US Dollar (USD) on Friday, after recovering its daily losses. However, the AUD/USD pair faced challenges following the introduction of new tariff actions by US President Donald Trump.
Fxstreet
Fri, Jul 11
Australia, NZ dollars unsettled by US broadside in global trade war
SYDNEY, July 11 (Reuters) - The Australian dollar eased from eight-month highs on Friday after U.S. President Donald Trump fired another round in his global trade war, slugging equities and souring risk sentiment.The threat of tariffs of 15% to 20% on most trading partners was a further blow, as Aus...Reuters
Fri, Jul 11
NZD/USD loses momentum to near 0.6000 amid concerns about tariff wars
The NZD/USD pair loses ground to near 0.6015, snapping the three-day winning streak during the early Asian session on Friday. The New Zealand Dollar (NZD) weakens against the Greenback amid ongoing trade jitters. Traders will closely monitor the US trade headlines for fresh impetus.
Fxstreet
Fri, Jul 11
FOREX-Dollar rises, loonie falls as Trump announces new tariffs
Trump announces 35% tariffs on Canada, plans blanket 15-20% for othersCanadian dollar slides, euro under pressureBitcoin holds near record highBy Rae Wee SINGAPORE, July 11 (Reuters) - The U.S. dollar rose on Friday on more signs of upheaval in the global trade landscape, as U.S. President Donald...Reuters
Fri, Jul 11
USD/CAD weakens to near 1.3650 ahead of Canadian employment data
The USD/CAD pair declines to around 1.3655 during the early Asian session on Friday. The US Dollar (USD) softens against the Canadian Dollar (CAD) amid the prospects for more interest rate cuts by the US Federal Reserve (Fed) this year.Fxstreet
Thu, Jul 10
EUR/USD drops on strong US jobs data; Fed’s Daly leans dovish
EUR/USD slides during the North American session, down over 0.23%, as market participants digest a jobs report in the United States that reinforces the Federal Reserve's case for holding rates unchanged at the upcoming July meeting.Fxstreet
Thu, Jul 10
