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Japanese Yen: Mixed outlook within defined band against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann report that USD/JPY rebounded after a sharp drop to 161.26, with intraday gains expected to be capped between 161.60 and 162.45. Over the next 1–3 weeks, the outlook is described as mixed, with trading likely between 160.60 and 163.00.
USD/JPY
Fxstreet
Mon, Jul 13
USD/CHF Price Forecast: Bulls remain capped below 0.8100 despite the risk-off market
The US Dollar posts moderate gains against the Swiss Franc (CHF) on Monday, yet with price action contained within the last two weeks’ trading range, and with the 0.8100 level capping bulls for now.
USD/CHF
Fxstreet
Mon, Jul 13
Turkish Lira: Policy limits keep TRY under pressure – Commerzbank
Commerzbank’s Tatha Ghose contrasts upbeat remarks from CBT governor Fatih Karahan with more cautious comments from deputy governor Gazi Ishak Kara on Turkey’s inflation dynamics.
USD/TRY
Fxstreet
Mon, Jul 13
Euro gains strongly against Japanese Yen as latter underperforms across board
The Euro (EUR) is higher by 0.36% to near 185.25 against the Japanese Yen (JPY) during the European trading session on Monday. The Japanese Yen underperforms across the board despite hopes that Japan’s inflation would remain above the Bank of Japan’s (BoJ) 2% target for a longer period.
EUR/JPY
Fxstreet
Mon, Jul 13
Japanese Yen sticks to losses vs USD as bears shrug off intervention fears amid Iran risks
The USD/JPY pair sticks to its modest intraday gains through the early European session on Monday and currently trades above the 162.00 mark, up 0.30% for the day.
USD/JPY
Fxstreet
Mon, Jul 13
Silver Price Forecast: XAG/USD falls to near $58.00 due to prevailing bearish bias
XAG/USD struggles for the second consecutive day, trading around $58.20 per troy ounce during the European hours on Monday. The technical analysis of the daily chart shows that the spot price is remaining within the descending channel pattern, suggesting a prevailing bearish bias.
Fxstreet
Mon, Jul 13
British Pound: Rally fades into range trade against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann note that GBP/USD gapped lower after briefly breaking above 1.3445, with momentum turning down and risks of a test below 1.3360, though 1.3320 is seen as distant for now.
GBP/USD
Fxstreet
Mon, Jul 13
EUR/GBP Price Forecast: Steadies near 0.8500 with upside attempts limited
The Euro (EUR) is trading practically flat against the British Pound (GBP) on Monday after dropping about 2% over the past three weeks. Euro bulls remain subdued amid the risk-averse mood, but sellers are struggling to find acceptance below 0.8500.
EUR/GBP
Fxstreet
Mon, Jul 13
British Pound remains subdued as US-Iran tensions lift US Dollar
GBP/USD remains in negative territory after paring daily losses, trading around 1.3390 during the early European hours on Monday. The pair faces challenges as the US Dollar (USD) gains ground on rising safe-haven demand amid intensifying tensions in the Middle East.
GBP/USD
Fxstreet
Mon, Jul 13
USD/CAD Price Forecast: Higher Oil prices strengthen Canadian Dollar
The Canadian Dollar (CAD) trades firmly against its major currency peers, but is flat at around 1.4160 against the US Dollar (USD) during the European trading session on Monday.
USD/CAD
Brent
Fxstreet
Mon, Jul 13
New Zealand Dollar holds steady near 0.5750 as US launches new wave of strikes against Iran
The NZD/USD pair trades on a flat note near 0.5760 during the early European trading hours on Monday. Escalating geopolitical tensions in the Middle East following the US's launch of fresh missile attacks against Iran on Sunday boost the US Dollar (USD) as a safe-haven asset.
NZD/USD
Fxstreet
Mon, Jul 13
Canadian Dollar: Strong US Dollar and oil outlook weigh – Commerzbank
Commerzbank’s Michael Pfister notes that recent Canadian labour data and a new US-Canada bridge agreement are not the main drivers of USD/CAD above 1.41.
USD/CAD
Brent
Fxstreet
Mon, Jul 13
Euro: Range trading with downside risks against US Dollar – UOB
UOB’s Quek Ser Leang and Lee Sue Ann highlight that EUR/USD has slipped after testing 1.1460, with increasing downward momentum but major support at 1.1360 seen as difficult to reach near term. For the coming 1–3 weeks, they expect EUR/USD to remain in a 1.1360–1.1450 range.
EUR/USD
Fxstreet
Mon, Jul 13
Euro flirts with 1.1400 on risk-averse markets as Iran’s war escalates
The Euro (EUR) depreciates moderately against the US Dollar (USD) on Monday, as escalating tensions between the US and Iran and the closure of the Strait of Hormuz dampened appetite for risk and boosted inflationary pressures at the week's opening.The EUR/USD pair is trading at the 1.1400 area at th
EUR/USD
Fxstreet
Mon, Jul 13
Australian Dollar underperforms amid cautious market mood
The Australian Dollar (AUD) underperforms its major currency peers, trading 0.32% lower to near 0.6930 against the US Dollar (USD) during the early European trading session at the start of the week.
AUD/USD
US Dollar Index
Brent
Fxstreet
Mon, Jul 13
British Pound holds steady above mid-216.00s as Iran risks and rate gap weigh on JPY
The GBP/JPY cross rebounds a few pips following an Asian session dip to mid-216.00s on Monday, stalling its modest pullback from the highest level since January 2008, touched last week.
GBP/JPY
Fxstreet
Mon, Jul 13
Indian Rupee opens sharpy lower amid higher US Dollar, oil prices
The Indian Rupee (INR) opens significantly lower against the US Dollar (USD) on Monday. The USD/INR jumps to over a six-week high around 95.80, as renewed Middle East hostilities have strengthened the US Dollar and oil prices.
Brent
Fxstreet
Mon, Jul 13
USD/JPY Price Forecast: Hovers around nine-day EMA near 162.00
USD/JPY gains ground after two days of losses, trading around 162.00 during the Asian hours on Monday. The currency pair is keeping a bullish near-term bias as spot holds above both the nine-period and 50-period Exponential Moving Averages (EMAs).
USD/JPY
Fxstreet
Mon, Jul 13
AUD/JPY Price Forecast: Softens below 112.50, bearish tone prevails
The AUD/JPY cross trades in negative territory around 112.25 during the early European trading hours on Monday.
AUD/JPY
Fxstreet
Mon, Jul 13
Swiss Franc weakens as US Dollar rises on safe-haven demand
USD/CHF gains ground for the second successive day, trading around 0.8100 during the Asian hours on Monday. The pair appreciates as the US Dollar rises on increased safe-haven demand amid heightened geopolitical tensions in the Middle East.
USD/CHF
Fxstreet
Mon, Jul 13
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