News
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USD/CHF pares previous losses and returns above 0.7950 amid a stronger US Dollar
The US Dollar is featuring a moderate recovery on Thursday, paring some losses after the previous two days’ reversal. The pair, however, remains trading near long-term lows, with upside attempts capped below the 0.8000 psychological level.
Fxstreet
Thu, Jul 10
BIT Mining Limited Expands Into The Solana Ecosystem
July 10 (Reuters) - BIT Mining Ltd 50C0y.F:BIT MINING LIMITED EXPANDS INTO THE SOLANA ECOSYSTEMBIT MINING LTD - TO RAISE $200M-$300M FOR SOLANA STRATEGYBIT MINING LTD - TO CONVERT CRYPTO HOLDINGS INTO SOLFurther company coverage: [50C0y.F]Reuters
Thu, Jul 10
CEE MARKETS-Forint on front foot thanks to high Hungarian rates
By Alan Charlish and Anita Komuves WARSAW, July 10 (Reuters) - The Hungarian forint firmed on Thursday amid expectations that its interest rates will remain on hold, while other currencies in central Europe were treading water with traders waiting for more tariff news.The forint EURHUF=, which ha...Reuters
Thu, Jul 10
USD/JPY consolidates around 146.30 as investors seek current status of US-Japan trade talks
The USD/JPY pair trades sideways around 146.30 during the European trading session on Thursday. The pair consolidates as investors await fresh news regarding trade talks between the United States (US) and Japan.Fxstreet
Thu, Jul 10
NZD/USD: Price action indicates that further NZD weakness is likely – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range against US Dollar (USD), most likely between 0.5980 and 0.6020. In the longer run, price action indicates that further NZD weakness is likely; the level to watch is 0.5950, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jul 10
EMERGING MARKETS-FX steady, stocks jump as markets shrug off Trump's tariffs
Trump targets Brazil with 50% tariffs, prompting retaliationPolish central banker says September rate cut possibleMSCI EM FX down 0.1%, stocks up 0.4%By Ragini Mathur and Purvi Agarwal July 10 (Reuters) - Most emerging market stocks were higher on Thursday while currencies were mixed as investors...Reuters
Thu, Jul 10
USD/JPY eyes key 148 resistance – Société Générale
USD/JPY has rebounded after defending its May low of 142.10, with daily MACD momentum turning positive and suggesting a recovery phase. The pair may now test the critical resistance zone at 148/148.65, while 144.20 serves as nearby support, Société Générale's FX analysts note.Fxstreet
Thu, Jul 10
GBP/USD: Likely to trade in a sideways range of 1.3570/1.3635 – UOB Group
Momentum indicators are still mostly flat; Pound Sterling (GBP) is likely to trade in a sideways range of 1.3570/1.3635 against US Dollar (USD). In the longer run, the likelihood of GBP dropping to 1.3510 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jul 10
EUR/JPY Price Forecast: Maintains position above 171.50, targets fresh one-year highs
EUR/JPY edges higher after registering losses in the previous session, trading around 171.60 during the European hours on Thursday. The bullish bias is strengthening as the technical analysis of the daily chart shows that the currency cross moves upwards within the ascending channel pattern.
Fxstreet
Thu, Jul 10
EUR: Volatility declining ahead of EU-US deal – ING
EUR/USD 1-week historical volatility is back below 7.0, confirming markets' extra caution in dealing with Trump’s tariff announcements. By comparison, this peaked at 20 in April, and was above 9.0 only a couple of weeks ago, ING's FX analyst Francesco Pesole notes.Fxstreet
Thu, Jul 10
