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Euro holds firm as traders assess geopolitical risks and interest rate outlook
EUR/USD holds modest gains on Thursday, supported by some softness in the US Dollar (USD) as markets assess renewed hostilities in the Middle East. At the time of writing, the pair trades around 1.1444, up 0.25% on the day.
EUR/USD
Fxstreet
Thu, Jul 9
South Korean Won: Gains hinge on supportive flows against US Dollar – OCBC
Christopher Wong notes that Korean Won strength remains largely flow-driven, with USD/KRW dropping below 1,500 on offshore fund repatriation and official vigilance.
Fxstreet
Thu, Jul 9
Canadian Dollar stuck in a narrow range as Oil slide, softer US Dollar offset
USD/CAD trades around 1.4170 on Thursday at the time of writing, virtually unchanged on the day, as weakness in the US Dollar (USD) offsets the negative impact of lower Oil prices on the Canadian Dollar (CAD).
USD/CAD
Fxstreet
Thu, Jul 9
Japanese Yen gains modestly, remains near multi-decade lows
USD/JPY trades slightly lower on Thursday as a mildly softer US Dollar (USD) lends support to the Japanese Yen (JPY). At the time of writing, the pair is trading around 162.45, hovering near 40-year highs.
USD/JPY
Fxstreet
Thu, Jul 9
Euro: Sideways trading outlook against US Dollar – Rabobank
RaboResearch Global Economics & Markets discusses how Euro sentiment has cooled after optimism around Germany’s debt brake, with political risks and structural headwinds weighing on the currency.
EUR/USD
Fxstreet
Thu, Jul 9
GBP/JPY Price Forecast: Pound consolidates after hitting fresh all-time highs at 218.00
The British Pound (GBP) is pulling lower against the Japanese Yen (JPY) on Thursday, after hitting a fresh all-time high at 218.01 earlier on the day.
GBP/JPY
Fxstreet
Thu, Jul 9
Euro falls back as US Dollar recovers early losses
The Euro (EUR) retreats to near 1.1425 against the US Dollar (USD) during the European trading session on Thursday. The major currency pair falls back as the US Dollar claws back a majority of its early losses, with the appeal of safe-haven assets improving in the wake of renewed geopolitical risks.
EUR/USD
Fxstreet
Thu, Jul 9
Mexican Peso: Gains seen limited against US Dollar – Commerzbank
Commerzbank’s Michael Pfister observes that markets expect substantial tightening by Banxico over the next year, but he questions whether conditions justify 75 basis points of hikes.
USD/MXN
Fxstreet
Thu, Jul 9
New Zealand Dollar extends rebound after RBNZ rate hike, US-Iran tensions cap gains
NZD/USD advances on Thursday and trades around 0.5730 at the time of writing, up 0.56% on the day.
NZD/USD
Fxstreet
Thu, Jul 9
British Pound hits fresh three-week highs past 1.3400 as US Dollar pulls back
The British Pound (GBP) appreciates against the US Dollar (USD) for the second consecutive day on Thursday, to hit fresh three–week highs right above 1.3400.
GBP/USD
Fxstreet
Thu, Jul 9
Silver Price Forecasts: XAG/USD picks up above $59.00 as US Dollar softens
Silver (XAG/USD) is trimming losses on Thursday, and hitting session highs just above $59.00 after bouncing from $57.22 lows on Wednesday.
Fxstreet
Thu, Jul 9
Euro advances against Canadian Dollar on strong German trade, weak oil
EUR/CAD gains ground after two days of losses, trading around 1.6210 during the European hours on Thursday. The currency cross remains stronger following stronger-than-expected trade data from Germany.
EUR/USD
Fxstreet
Thu, Jul 9
Australian Dollar steadies above 0.6900 as markets price a negotiated end to Iran’s war
The Australian Dollar (AUD) keeps trading sideways against the US Dollar (USD) on Thursday, showing a surprising resilience to the escalating tensions in Iran.
AUD/USD
Fxstreet
Thu, Jul 9
Japanese Yen remains pressured close to 40-year lows as intervention risks linger
The Japanese Yen (JPY) remains locked in a high-stakes standoff against the US Dollar, testing the ultimate limits of Tokyo’s tolerance for its local currency to depreciate.
USD/JPY
Fxstreet
Thu, Jul 9
Indian Rupee bounces back as investors digest higher oil prices
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR pair drops to near 95.40 as the US Dollar ticks lower; however, the outlook of the pair remains bullish as renewed Middle East hostilities have boosted oil prices.
Brent
Fxstreet
Thu, Jul 9
Euro gains as US Dollar moves sideways amid market caution
EUR/USD maintains its position after registering modest losses in the previous day, trading around 1.1410 during the Asian hours on Wednesday.
EUR/USD
Fxstreet
Wed, Jul 8
Indian Rupee edges up against US Dollar, ignores rising oil prices
The Indian Rupee (INR) ticks higher against the US Dollar (USD) in the opening session on Wednesday. The USD/INR pair edges down to near 95.00 despite renewed geopolitical risks, following United States (US) attacks on Iran, which have lifted oil prices.
Brent
Fxstreet
Wed, Jul 8
NZD/USD Price Forecast: Sticks to hawkish RBNZ-led gains to 0.5710-0.5715 confluence
The NZD/USD pair gains strong positive traction following the Reserve Bank of New Zealand's (RBNZ) first rate hike in three years and reclaims the 0.5700 mark during the Asian session on Wednesday.
NZD/USD
Fxstreet
Wed, Jul 8
Silver climbs above $60.00 despite US–Iran tensions, Fed minutes in focus
Silver price (XAG/USD) attracts some buyers to near $60.35, snapping the two-day losing streak during the early European session on Wednesday. The white metal edges higher amid a softer US Dollar (USD) ahead of the release of the June FOMC meeting Minutes.
Fxstreet
Wed, Jul 8
AUD/USD Price Forecast: Hawkish remarks from RBA’s Hunter lift Australian Dollar
The Australian Dollar (AUD) trades 0.23% higher to near 0.6943 against the US Dollar (USD) during the Asian trading session on Wednesday.
AUD/USD
Fxstreet
Wed, Jul 8
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