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Forex Today: Trump tariff letters keep markets on edge
Here is what you need to know on Thursday, July 10:
Fxstreet
Thu, Jul 10
FOREX-Dollar steady, Brazilian real slides on tariff threat; bitcoin near record high
Dollar pinned down by drop in Treasury yields, dovish FedBrazil's real hits 1-month low as Trump criticises Bolsonaro trialBitcoin sticks close to overnight peak near $112,000By Kevin Buckland and Lucy Raitano TOKYO/LONDON, July 10 (Reuters) - The U.S. dollar stabilised on Thursday after retr...
Reuters
Thu, Jul 10
EUR/USD appreciates within range as the market digests Trump latest tariff threats
The EUR/USD pair advances on Thursday with a moderate risk appetite returning to the markets.
EUR/USD
Fxstreet
Thu, Jul 10
Silver Price Forecast: XAG/USD returns above $36.50 buoyed by a softer US Dollar
Silver (XAG/USD) appreciated on Thursday, with precious metals drawing support from a somewhat weaker US Dollar, as Treasury yields dropped on the back of dovishly tilted FOMC minutes and a strong auction of US bonds on Wednesday.The minutes of the last Federal Reserve meeting confirmed a deep diver
Silver
Fxstreet
Thu, Jul 10
AUD/JPY rebounds toward 96.00 near five-month highs
AUD/JPY rises after registering mild losses in the previous session, trading around 95.90 during the European hours on Thursday.
AUD/JPY
Fxstreet
Thu, Jul 10
Pound Sterling edges up against US Dollar amid US tariff uncertainty
The Pound Sterling (GBP) ticks up to near 1.3600 against the US Dollar (USD) during the European trading session on Thursday.
GBP/USD
Fxstreet
Thu, Jul 10
NZD/USD Price Forecast: Retains bullish bias above 0.6000 above the 100-day EMA
The NZD/USD pair attracts some buyers near 0.6010 during the early European session on Thursday, bolstered by a softer US Dollar (USD). The US weekly Initial Jobless Claims will be in the spotlight later on Thursday.
NZD/USD
Fxstreet
Thu, Jul 10
INDIA RUPEE-Rupee nudges higher; familiar resistance, support levels tipped to hold
By Jaspreet Kalra MUMBAI, July 10 (Reuters) - The Indian rupee ticked up on Thursday, tracking regional peers higher, as a fresh round of tariff threats from the White House did little to move the needle for markets with traders expecting the local unit to stick to its familiar range in the near-...
Reuters
Thu, Jul 10
Germany Consumer Price Index (MoM) meets expectations (0%) in June
Germany Consumer Price Index (MoM) meets expectations (0%) in June
EUR/USD
Fxstreet
Thu, Jul 10
Germany Harmonized Index of Consumer Prices (MoM) in line with forecasts (0.1%) in June
Germany Harmonized Index of Consumer Prices (MoM) in line with forecasts (0.1%) in June
EUR/USD
Fxstreet
Thu, Jul 10
Germany Harmonized Index of Consumer Prices (YoY) in line with forecasts (2%) in June
Germany Harmonized Index of Consumer Prices (YoY) in line with forecasts (2%) in June
EUR/USD
Fxstreet
Thu, Jul 10
EUR/GBP posts modest gain above 0.8600 ahead of German inflation data
The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the United States (US)-European Union (EU) deal underpins the Euro (EUR). The German June inflation data will be released later on Thursday.
EUR/GBP
Fxstreet
Thu, Jul 10
GBP/JPY Price Forecast: Seems poised to retest YTD peak, near 200.00 mark
The GBP/JPY cross attracts some dip-buyers near the 198.40-198.35 region during the Asian session on Thursday and stalls a modest corrective pullback from a one-year high touched the previous day.
GBP/JPY
Fxstreet
Thu, Jul 10
FOREX-Dollar catches breath, Brazil real slides on tariff threat; bitcoin near record high
Dollar pinned down by drop in Treasury yields, dovish FedBrazil real drops to one-month trough as Trump criticises Bolsonaro trialBitcoin sticks close to overnight peak near $112,000By Kevin Buckland TOKYO, July 10 (Reuters) - The U.S. dollar stabilised on Thursday after retreating from a two-wee...
Reuters
Thu, Jul 10
USD/CAD Price Forecast: Wobbles near 1.3700
The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday.
USD/CAD
Fxstreet
Thu, Jul 10
USD/INR opens higher while investors await India-US trade deal confirmation
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR pair drops to near 85.70, while investors await the confirmation of the trade deal between India and the United States (US) to gauge direction.
Fxstreet
Thu, Jul 10
EUR/USD rises to near 1.1750 due to uncertainty over Fed rates, tariff concerns
EUR/USD appreciates after registering mild losses in the previous session, trading around 1.1730 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) loses ground following the latest Federal Open Market Committee (FOMC) Meeting Minutes and developments on US tariffs.
EUR/USD
Fxstreet
Thu, Jul 10
USD/CHF recovers few pips from weekly low, remains below mid-0.7900s
The USD/CHF pair rebounds a few pips from a fresh weekly low touched during the Asian session on Thursday and for now, seems to have stalled this week's slide from the vicinity of the 0.8000 psychological mark.
USD/CHF
Fxstreet
Thu, Jul 10
GBP/USD gathers strength above 1.3600 on softer US Dollar
The GBP/USD pair gains ground around 1.3605 during the Asian trading hours on Thursday. The Greenback softens against the Pound Sterling amid the prospects for more interest rate cuts by the Federal Reserve (Fed) this year. Traders await the US weekly Initial Jobless Claims data later on Thursday.
GBP/USD
Fxstreet
Thu, Jul 10
Yuan rebounds as markets assess Trump tariff threats, Fed outlook
SHANGHAI, July 10 (Reuters) - China's yuan firmed against the dollar on Thursday, recovering from a two-week low hit overnight as investors considered renewed U.S. tariff threats from President Donald Trump and the Federal Reserve's rate-cut trajectory.Trump launched his global tariff assaul...
Reuters
Thu, Jul 10
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