News
Important Only
EUR/USD: There are also the rate differentials – Commerzbank
There is another reason why the USD is struggling to gain ground against the euro: the interest rate differential. The market is now pricing in just under two interest rate cuts by the Fed by the end of the year, but only one by the ECB.
Fxstreet
Wed, Jul 9
USD/CHF drifts away from the 0.8000 level ahead of the FOMC minutes
The US Dollar recovery from 14-year lows, at 0.7870, was rejected on Tuesday at 0.8000 for the second consecutive day, and the pair is trading lower on Wednesday, returning to the mid-range of the 0.7900s.The Swiss Franc is drawing support from a cautious market sentiment and a somewhat softer Dolla
Fxstreet
Wed, Jul 9
Sterling steady as investors weigh BoE's financial stability report, tariff uncertainty
By Johann M Cherian July 9 (Reuters) - Sterling was little changed on Wednesday, as investors digested the Bank of England's half-yearly report on financial stability and assessed the potential impact of trade disputes on global economic growth.The pound was little changed against the U.S. do...Reuters
Wed, Jul 9
AUD/USD recovery stalls below 0.6545 as the market’s focus shifts to the Fed
The Australian Dollar is posting marginal losses on Wednesday, trading within Tuesday’s range, as the positive impact from the hawkish RBA statement wore off, and investors shift their focus to the release of the FOMC minutes.The risk-averse sentiment seen on previous days, following Trump's announc
Fxstreet
Wed, Jul 9
AUD/USD: Expected to consolidate in a range of 0.6495/0.6555 – UOB Group
Australian Dollar (AUD) is expected to consolidate in a range of 0.6495/0.6555 against US Dollar (USD). In the longer run, downward momentum is starting to build; AUD is likely to edge lower toward 0.6460, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 9
USD/JPY retreats from 147.15 as risk aversion eases ahead of the FOMC Minutes
The US Dollar has trimmed previous gains on Wednesday’s European session, as market sentiment improved, and is trading with marginal gains against the Yen, nearing the mid-range of the 146.00s after rejection at 147.15.The pair appreciated about 1.5% over the previous two days, after a letter from P
Fxstreet
Wed, Jul 9
EMERGING MARKETS-FX, stocks lower as Trump expands US tariff plans
Trump says copper tariffs in store, more announcements comingHungary awaits central bank's June meeting minutes MSCI EM FX down 0.1%, stocks fall 0.4%By Ragini Mathur and Purvi Agarwal July 9 (Reuters) - Most emerging market currencies and stocks were lower on Wednesday after U.S. President D...Reuters
Wed, Jul 9
Russian rouble little changed despite U.S. sanctions threat
MOSCOW, July 9 (Reuters) - The Russian rouble changed little against the dollar on Wednesday, despite U.S. President Donald Trump's sharp criticism of Russian President Vladimir Putin and the threat of new U.S. and European sanctions. By 0925 GMT, the rouble RUB= was 0.4% stronger at 78.15 per U...Reuters
Wed, Jul 9
CEE MARKETS-FX holds steady as markets eye tariff developments
BUDAPEST, July 9 (Reuters) - Central European currencies were little moved on Wednesday, trading in their recent ranges while stocks were mixed as investors focused on news about U.S. President Donald Trump's tariff plans.Trump said on Tuesday that he would "probably" tell the European U...Reuters
Wed, Jul 9
GBP/USD: Likely to trade in a sideways range of 1.3540/1.3640 – UOB Group
Pound Sterling (GBP) is likely to trade in a sideways range of 1.3540/1.3640 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
Wed, Jul 9
USD/CAD Price Forecast: Surges to near 1.3700, remains above nine-day EMA
The USD/CAD pair has recovered its recent losses from the previous session, trading around 1.3690 during the European hours on Wednesday. The technical analysis of the daily chart suggests a prevailing bearish sentiment as the pair consolidates within the descending channel pattern.Fxstreet
Wed, Jul 9
EUR/USD hesitates near weekly lows as trade tensions grow
The EUR/USD pair is practically flat on Wednesday, near the bottom of the weekly range, as investors remain wary of risk after US President Donald Trump announced new tariffs on copper and pointed to significant restrictions on pharmaceuticals.Fxstreet
Wed, Jul 9
NZD/USD is struggling to regain the 0.6000 level after the RBNZ’s “dovish hold”
The New Zealand Dollar picked up as the market digested the RBNZ’s dovish statement and tested the 0.6000 psychological level, as the market mood brightened somewhat in Wednesday’s early European session.Fxstreet
Wed, Jul 9
FOREX-Dollar at more than two-week high versus yen as trade war intensifies
Markets brace for more trade-related announcements from TrumpDollar rises against yen amid stalled US-Japan trade talksEU may secure exemptions from US tariffs, sources sayFed policy minutes due later in the dayBy Rocky Swift and Johann M Cherian TOKYO, July 9 (Reuters) - The dollar strengthened ...Reuters
Wed, Jul 9
Pound Sterling trades with caution as Trump unveils fresh tariff threats
The Pound Sterling (GBP) trades cautiously around 1.3600 against the US Dollar during European trading hours on Wednesday, with the GBP/USD pair broadly stable after United States (US) President Donald Trump threatened a series of new tariffs on Tuesday.Fxstreet
Wed, Jul 9
