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EUR/JPY stands firm near YTD peak; bulls await breakout through 169.70-169.75 hurdle
The EUR/JPY cross edges higher for the second consecutive day on Thursday and climbs back closer to a nearly one-year high touched earlier this week. Spot prices currently trade around the 169.70-169.75 area, up 0.10% for the day amid a broadly weaker Japanese Yen (JPY).
Fxstreet
Thu, Jul 3
NZD/USD attracts some sellers to below 0.6100 ahead of US NFP data
The NZD/USD pair attracts some sellers to around 0.6070 during the early European session on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback as China's services activity growth hits a nine-month low in June.
Fxstreet
Thu, Jul 3
China's tech giants lobby for offshore yuan stablecoin, sources say
Chinese tech giants have applied for stablecoin licencesSources say Chinese policymakers receptive to idea of yuan stablecoinExporters using Tether, undermining yuan in trade settlement July 3 (Reuters) - China's tech giants JD.com and Alibaba affiliate Ant Group are urging the central bank t...Reuters
Thu, Jul 3
EUR/GBP softens to near 0.8650 ahead of German, Eurozone PMI releases
The EUR/GBP cross loses ground to near 0.8650, snapping the four-day winning streak during the early European session on Thursday. The HCOB Services and Composite PMI reports from Germany and the Eurozone will be the highlights later on Thursday.
Fxstreet
Thu, Jul 3
INDIA RUPEE-Rupee, forward premiums hoisted by uptick in Fed rate cut wagers
By Jaspreet Kalra MUMBAI, July 3(Reuters) - The Indian rupee rose on Thursday after weak U.S. jobs data bolstered Fed rate cut bets, while a U.S.-Vietnam trade deal lifted regional sentiment. Dollar-rupee forward premiums were helped by increased odds of rate cuts by the U.S. central bank as...Reuters
Thu, Jul 3
FOREX-Dollar steady as traders hunker down for US payrolls
Dollar firms a touch near 3-1/2-year low ahead of payrolls dataEmployment report could help shape US rate pathPound steadies after drop on fiscal worriesBy Ankur Banerjee SINGAPORE, July 3 (Reuters) - The U.S. dollar firmed on Thursday after a trade accord between the United States and Vietnam fu...Reuters
Thu, Jul 3
USD/CAD Price Forecast: Bearish outlook remains in play near 1.3600
The USD/CAD pair recovers some lost ground to near 1.3595 during the early European session on Thursday. The potential upside for the pair might be limited as weaker AUS ADP employment numbers supported market expectations of a Federal Reserve (Fed) interest rate cut.
Fxstreet
Thu, Jul 3
USD/INR edges higher at open ahead of US NFP data
The Indian Rupee (INR) opens on a cautious note against the US Dollar (USD) on Thursday. The USD/INR pair ticks up to near 85.75 ahead of the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT.Fxstreet
Thu, Jul 3
USD/CHF holds losses near 0.7900 ahead of Swiss CPI data
USD/CHF retraces its recent gains registered in the previous session, trading around 0.7920 during the Asian hours on Thursday. The pair maintains its position around 0.7872, the lowest since September 2011, recorded on July 1.
Fxstreet
Thu, Jul 3
China's yuan slips as investors evaluate US trade negotiations with other countries
SHANGHAI, July 3 (Reuters) - China's yuan slipped against the dollar on Thursday, as market participants closely monitored trade negotiations between the United States and other countries on what they might mean for the world's second-largest economy.U.S. President Donald Trump said on Wedne...Reuters
Thu, Jul 3
GBP/USD weakens below 1.3650 amid concerns over the UK debt position, US NFP data in focus
The GBP/USD pair extends the decline to near 1.3625 during the Asian trading hours on Thursday. The Pound Sterling (GBP) faces some selling pressure amid a selloff in British government bonds.
Fxstreet
Thu, Jul 3
AUD/JPY Price Forecast: Moves below 94.50, nine-day EMA acts as initial support
AUD/JPY retraces its recent gains from the previous session, trading around 94.50 during the Asian hours on Thursday. As per the technical analysis of the daily chart, the currency cross remains within the ascending channel pattern, indicating a prevailing bullish bias.
Fxstreet
Thu, Jul 3
INDIA RUPEE-Rupee supported by hopes of India-US trade deal, weak US jobs data
MUMBAI, July 3 (Reuters) - The Indian rupee is likely to open marginally higher on Thursday, supported by an uptick in most Asian currencies on optimism over signing trade deals with the United States before the tariff deadline.Reuters
Thu, Jul 3
Australia, NZ dollars wary as much rides on US jobs report
By Wayne Cole SYDNEY, July 3 (Reuters) - The Australian and New Zealand dollars drifted away from multi-month highs on Thursday as investors took cover ahead of a U.S. jobs report that could decide the course of rate cuts there.Markets are on edge after a weak reading on U.S. private employment s...Reuters
Thu, Jul 3
