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AUD/USD weakens to near 0.6550 on renewed tariff concerns
The AUD/USD pair trades in negative territory for the third consecutive day near 0.6550 during the early Asian session on Monday. The renewed concern about a global trade war weighs on the Australian Dollar (AUD) against the Greenback.
Fxstreet
Sun, Jul 6
FOREX-Dollar pinned near multi-year lows as Trump tariff deadline looms
By Kevin Buckland TOKYO, July 7 (Reuters) - The U.S. dollar hovered near its lowest since 2021 against the euro and the weakest since 2015 versus the Swiss franc on Monday, with traders alert for any trade-related headlines in the countdown to President Donald Trump's tariff deadline.Most U.S...Reuters
Sun, Jul 6
EUR/USD holds near highs despite tariff jitters, eyes on EU data next week
EUR/USD posted minimal gains of 0.18% on Friday amid thin liquidity conditions, as markets in the United States are closed due to the Independence Day holiday. The shared currency is poised to close the week with gains of 0.53% despite the release of solid US economic data this week.
Fxstreet
Fri, Jul 4
USD/JPY Price Forecast: Eyes breakout as triangle narrows, but lacks momentum
The US Dollar (USD) is trading slightly lower against the Japanese Yen (JPY) on Friday, with the USD/JPY hovering around 144.50 in subdued holiday-thinned conditions as US markets remain closed for Independence Day.
Fxstreet
Fri, Jul 4
CORRECTED -Bank of Italy selects 4 systemic risk countries for lenders, including Russia
MILAN, July 4 (Reuters) - The Bank of Italy said on Friday it had selected the United States, Great Britain, Switzerland and Russia as countries outside the European Union that its banks have significant exposure to, under rules designed to govern systemic risks.The Bank of Italy used end-2024 data ...Reuters
Fri, Jul 4
Brazil posts lower-than-expected trade surplus in June
SAO PAULO/BRASILIA, July 4 (Reuters) - Brazil's trade surplus in June missed analysts' expectations, government data showed on Friday, as imports kept their recent growth path and the government cut its own yearly surplus outlook.Latin America's largest economy's monthly surplus decl...Reuters
Fri, Jul 4
CANADA FX DEBT-Canadian dollar pares weekly gain as downturn deepens in services economy
Canadian dollar falls 0.2% against the greenbackFor the week, the loonie adds 0.6%Services economy contracts at a steeper pace10-year yield eases 3.3 basis pointsBy Fergal Smith TORONTO, July 4 (Reuters) - The Canadian dollar weakened against its U.S. counterpart on Friday as the recent uptick in...Reuters
Fri, Jul 4
BoE's Taylor: Disinflationary forces are building
Bank of England (BoE) rate-setter Alan Taylor noted late on Friday that downside pressures are continuing to build up underneath the UK's economy, signaling that early rate cuts may be needed ahead of a questionable forecasting period.Fxstreet
Fri, Jul 4
Welfare cuts U-turn shows extent of UK's fiscal challenges, S&P says
By Marc Jones LONDON, July 4 (Reuters) - The inability of Britain's government to make cuts to welfare spending this week underscores the extent of the challenges it faces in repairing its finances, credit rating agency S&P Global said on Friday.UK Prime Minister Keir Starmer was forced t...Reuters
Fri, Jul 4
Russia's VTB expects rouble to weaken to 90 vs US dollar by end-2025
VTB says the central bank has supported the roubleCentral bank's net forex sales rise despite rouble strength Strong rouble has helped fight inflation By Elena Fabrichnaya ST PETERSBURG, Russia, July 4 (Reuters) - The Russian rouble will weaken to about 90 against the U.S. dollar by the end...Reuters
Fri, Jul 4
