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EUR/USD Price Forecast: Brace for a further sell-off towards 1.1200
The Euro (EUR) is up 0.12% to near 1.1395 against the US Dollar (USD) during the early European trading session on Tuesday. The major currency pair rises as the US Dollar corrects ahead of the United States (US) Consumer Price Index (CPI) data for June, which will be published at 12:30 GMT.
Fxstreet
Tue, Jul 14
Indian Rupee drifts sharply lower as US claims right of Hormuz toll fee
The Indian Rupee opens significantly lower against the US Dollar (USD) on Tuesday. The USD/INR pair posts a fresh seven-week high near 96.13 as surging oil prices and United States (US) Treasury Yields due to threats of levy from Washington have weakened the appeal of the Indian currency.Fxstreet
Tue, Jul 14
AUD/USD Price Forecast: Tests nine-day EMA barrier near 0.6950
AUD/USD edges higher after posting 0.5% losses in the previous day, trading around 0.6930 during the Asian hours on Tuesday. The technical analysis of the daily chart shows the pair remaining within the descending channel pattern, suggesting a prevailing bearish bias.
Fxstreet
Tue, Jul 14
Euro posts modest gains above 1.1350 as traders await US CPI inflation release
The EUR/USD pair posts modest gains near 1.1385 during the Asian trading hours on Tuesday. Nonetheless, the potential upside for the major pair might be limited amid renewed US military strikes against Iran.Fxstreet
Tue, Jul 14
Australian Dollar weakens to near 0.6900 as US launches more strikes against Iran
The AUD/USD pair trades with mild losses around 0.6915 during the early Asian session on Tuesday. Ongoing geopolitical tensions in the Middle East continue to boost a safe-haven currency such as the US Dollar (USD) against the Australian Dollar (AUD).Fxstreet
Tue, Jul 14
Euro slides as Waller warning, Iran strikes lift US Dollar
The shared currency begins the week on a lower note, down 0.31% as risk aversion fueled flows towards the US Dollar amid heightened tensions in the Middle East. Also, hawkish comments by a Fed official underpinned US Treasury yields, suggesting markets expect the US central bank to raise rates.Fxstreet
Mon, Jul 13
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