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GBP/USD steadies around 1.3650 due to rising uncertainty over Trump's tariff plans
GBP/USD holds ground for the second consecutive day, trading around 1.3660 during the Asian hours on Friday. The pair remains steady as the US Dollar (USD) depreciates as traders adopt caution, while seeking clarity on US President Donald Trump's plans for tariffs on various countries.
Fxstreet
Fri, Jul 4
EUR/USD wobbles around 1.1760 amid holiday in US on account of Independence Day
The EUR/USD pair trades in a tight range around 1.1760 during the Asian session on Friday. The major currency pair exhibits a lackluster performance amid a holiday in the United States (US) markets on account of Independence Day.
Fxstreet
Fri, Jul 4
FOREX-Dollar holds firm against euro, yen as US trade pressure mounts
Trump's tax bill raises fiscal sustainability concernsU.S. expected to specify tariff rates to countries soonJapan said to send chief trade negotiator to U.S. amid tariff tensionsBy Rocky Swift TOKYO, July 4 (Reuters) - The dollar held gains on Friday after President Donald Trump got his sign...Reuters
Fri, Jul 4
South Korea launches new measures to boost won-trading during extended hours
SEOUL, July 4 (Reuters) - South Korea has introduced new measures to boost currency trading during extended market hours, after a year of market reforms to open up the onshore foreign exchange market, its finance ministry said on Friday.The Asian nation has for years been trying to win an upgrade to...Reuters
Fri, Jul 4
USD/CAD struggles below 1.3600, over two-week low; bears not ready to give up yet
The USD/CAD pair oscillated in a narrow band during the Asian session on Friday and remains close to a nearly three-week low touched the previous day. Spot prices currently trade around the 1.3575 area, nearly unchanged for the day amid mixed cues.
Fxstreet
Fri, Jul 4
Australia, NZ dollars set for 2nd week of gains, US tariffs major risk
AUD, NZD on backfoot as dollar gains on U.S jobs beatBoth set for weekly gains, Trump's tariff a major risk RBA still seen certain to cut, RBNZ likely to hold steadyBy Stella Qiu SYDNEY, July 4 (Reuters) - The Australian and New Zealand dollars were set on Friday to rack up a second straight ...Reuters
Fri, Jul 4
Australian Dollar falls as US jobs data dampen expectations of a Fed rate cut
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Friday, as stronger-than-expected US job growth and a surprise drop in the unemployment rate data overshadow investors' hopes for a Federal Reserve (Fed) interest rate cut.
Fxstreet
Fri, Jul 4
FOREX-Dollar holds firm against euro, yen as US trade pressure mounts
By Rocky Swift TOKYO, July 4 (Reuters) - The dollar held gains on Friday after President Donald Trump got his signature tax cut bill across the final hurdle and pressure mounted on countries to secure trade deals with the United States.The greenback rallied from multi-year lows against the euro a...Reuters
Fri, Jul 4
EUR/USD slides as hot US jobs data justifies Fed's restrictive stance
The Euro falls against the US Dollar on Thursday following the release of June’s employment figures in the United States (US), which showed why the Federal Reserve (Fed) is not ready to reduce borrowing costs. At the time of writing, the EUR/USD trades at 1.1744, down 0.45%.Fxstreet
Thu, Jul 3
Forex Today: Trade and ECB-speak should rule the sentiment
The Greenback added to Wednesday’s uptick and climbed to fresh multi-day highs boosted by firmer prints from the US Nonfarm Payrolls in June, reinforcing the view of a extremely resilient US labour market and motivating market participants to start repricing potential rate cuts by the Fed in the nexFxstreet
Thu, Jul 3
FOREX-Dollar gains after strong US jobs data stretches market hopes of Fed cut
US economy adds 147,000 jobs in JuneDollar strengthens against yen and francEuro weakens against the dollarUS Treasury yields rise, Benchmark S&P 500 hits record highBritish sterling strengthensBy Chibuike Oguh NEW YORK, July 3 (Reuters) - The U.S. dollar rose against major currencies, inclu...Reuters
Thu, Jul 3
GBP/JPY snaps losing streak as Yen weakens across the board
The British Pound (GBP) gains ground against the Japanese Yen (JPY) on Thursday, supported by stronger-than-expected US Non-Farm Payrolls (NFP) data, which lifted global risk sentiment and weighed on traditional safe-haven currency.
Fxstreet
Thu, Jul 3
CANADA FX DEBT-Canadian dollar strengthens to two-week high against out of favor greenback
Canadian dollar gains 0.2% against the greenbackTouches its strongest since June 17 at 1.3557Canada's trade deficit narrows to C$5.9 billionBond yields rise across the curveBy Fergal Smith TORONTO, July 4 (Reuters) - The Canadian dollar strengthened to a two-week high against its U.S. counter...Reuters
Thu, Jul 3
Treasury's Bessent: May turn to short-term debt for US financing needs
WASHINGTON, July 3 (Reuters) - Treasury Secretary Scott Bessent said on Thursday that U.S. financing needs could increase after enactment of Republicans' sweeping tax cut and spending bill, with the Treasury likely to refill its coffers after debt ceiling constraints are lifted with increased in...Reuters
Thu, Jul 3
