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EUR/GBP loses momentum below 0.8650 as traders brace for EU-US deal update
The EUR/GBP cross loses traction to around 0.8620 during the early European session on Wednesday. The Euro (EUR) softens against the Pound Sterling as renewed tariff threats from US President Donald Trump unsettle markets.
Fxstreet
Wed, Jul 9
INDIA RUPEE-Rupee slips as trade worries keep Asia FX on the defensive
By Jaspreet Kalra MUMBAI, July 9(Reuters) - The Indian rupee weakened slightly on Wednesday, along with its regional peers, as the dollar firmed on the back of fresh tariff threats from the United States, including a 50% levy on copper imports and 10% charge on BRICS nations.The rupee INR=IN was ...Reuters
Wed, Jul 9
EUR/JPY Price Forecast: Keeps bullish vibe above 172.00, overbought RSI warrants caution for bulls
The EUR/JPY cross extends its upside to near 172.20 during the early European session on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) due to concerns about the economic fallout from US President Donald Trump's 25% tariffs from a new deadline of August 1 on Japanese goods.
Fxstreet
Wed, Jul 9
USD/CAD trades with positive bias below 1.3700; looks to FOMC minutes for fresh impetus
The USD/CAD pair regains positive traction during the Asian session on Wednesday and climbs to the 1.3700 neighborhood, closer to over a one-week high touched the previous day. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices is to the upside.
Fxstreet
Wed, Jul 9
USD/CHF strengthens above 0.7950 amid confusion over tariff policies
The USD/CHF pair gathers strength around 0.7975 during the early European session on Wednesday, bolstered by a firmer US Dollar (USD). However, the concerns about renewed trade tensions triggered by US President Donald Trump might cap the upside for the pair.
Fxstreet
Wed, Jul 9
CORRECTED-China's yuan holds near two-week low as tariff risks, deflation pressure drag
HONG KONG, July 9 (Reuters) - China's yuan held near a two-week low against the U.S. dollar on Wednesday as U.S. President Donald Trump's renewed tariff threats and persistent deflation at home checked sentiment. Trump said overnight he would impose a 50% tariff on imported copper and soon i...Reuters
Wed, Jul 9
NZD/USD Price Forecast: Hangs near two-week low after RBNZ, seems vulnerable below 0.6000
The NZD/USD pair fades an intraday spike to the 0.6015 area that followed the Reserve Bank of New Zealand's (RBNZ) widely expected decision to hold rates steady and retests a two-week low during the Asian session on Wednesday.
Fxstreet
Wed, Jul 9
EUR/USD slumps to near 1.1700 on firmer US Dollar, FOMC Minutes in focus
The EUR/USD pair tumbles to near 1.1705 during the Asian trading hours on Wednesday. The Euro (EUR) weakens against the Greenback as renewed tariff threats from US President Donald Trump unsettle markets. Traders await the FOMC Minutes, which will be released later on Wednesday.
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 sayBy Rocky Swift TOKYO, July 9 (Reuters) - The dollar strengthened to a more than two-week high against the yen on Wednesday as...Reuters
Wed, Jul 9
New Zealand dollar slips as RBNZ flags more easing, Aussie gains on crosses
RBNZ holds steady but still expects to lower rates further Kiwi wobbles, investors see August cut at 56%Aussie holds gains on yen, kiwi after RBA surprise By Stella Qiu SYDNEY, July 9 (Reuters) - The New Zealand dollar slipped on Wednesday after the country's central bank paused its easing c...Reuters
Wed, Jul 9
INDIA RUPEE-Trump's tariff blitz to weigh on Indian rupee, hurts Asia FX
By Nimesh Vora MUMBAI, July 9 (Reuters) - The Indian rupee is poised to open weaker on Wednesday, pressured by a renewed tariff barrage from U.S. President Donald Trump that widened the scope of his trade offensive.The 1-month non-deliverable forward indicated an open in the 85.74 to 85.78 range...Reuters
Wed, Jul 9
Australian Dollar moves little following mixed Chinese CPI
The Australian Dollar (AUD) remains steady against the US Dollar (USD) on Wednesday after registering more than 0.50% gains in the previous session. The AUD/USD pair moves little following the release of the Consumer Price Index (CPI) data from China, Australia's close trading partner.
Fxstreet
Wed, Jul 9
NZD/USD holds positive ground above 0.6000 as RBNZ leaves interest rate unchanged at 3.25%
The NZD/USD pair gains ground to around 0.6000 during the Asian trading hours on Wednesday. The New Zealand Dollar (NZD) strengthens against the Greenback after the Reserve Bank of New Zealand (RBNZ) interest rate decision.Fxstreet
Wed, Jul 9
FOREX-Dollar gains against yen as Trump's trade war intensifies
Markets brace for more trade-related announcements from TrumpDollar rises against yen amid stalled U.S.-Japan trade talksEU may secure exemptions from U.S. tariffs, sources sayBy Rocky Swift TOKYO, July 9 (Reuters) - The dollar rose for a third day against the yen on Wednesday as U.S. President D...Reuters
Wed, Jul 9
