News
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RUB: Crisis whispers in the ear – Commerzbank
USD/RUB and EUR/RUB are not market-driven or floating exchange rates. Even so, at this time, these exchange rates are reflecting excessive optimism that the Ukraine war may somehow end and that some of the harsh sanctions on Russia may be removed.Fxstreet
Tue, Jul 1
USD/JPY: Any further decline is unlikely to reach 142.70 – UOB Group
Increase in momentum may lead to US Dollar (USD) breaking below 143.50 against Japanese Yen (JPY); any further decline is unlikely to reach 142.70. In the longer run, buildup in momentum could trigger further USD declines toward 142.70, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jul 1
ECB policymakers set pain threshold for euro rise in weak economy
Kazaks says 10% tariffs, euro rise 'large enough'De Guindos sees $1.20 as thresholdSimkus says any rate cut may wait until year-endBy Francesco Canepa and Balazs Koranyi SINTRA, Portugal, July 1 (Reuters) - Two European Central Bank policymakers warned on Tuesday about the hit from a furt...Reuters
Tue, Jul 1
CORRECTED-EXCLUSIVE-IDB to boost sustainable finance support by at least $11 billion
New FX EDGE platform to help countries manage currency riskTo issue Amazonia Bonds, provide more credit supportPart of efforts to boost MDB action at landmark conference By Simon Jessop, Marc Jones and David LatonaSEVILLE, July 1 (Reuters) - The Inter-American Development Bank aims to unlock at leas...Reuters
Tue, Jul 1
INDIA RUPEE-Rupee gains alongside Asian peers as US policy worries trouble dollar
By Jaspreet KalraMUMBAI, July 1 (Reuters) - The Indian rupee strengthened on Tuesday, alongside most Asian peers, as worries over U.S. President Donald Trump's fiscal policies and uncertainty around trade deals kept the dollar pinned at a more than three-year low against major peers.The rupee IN...Reuters
Tue, Jul 1
CORRECTED-CEE MARKETS-Currencies buoyed as U.S. dollar languishes near 4-year low
By FX, traders, near, recent and highs BUDAPEST, July 1 (Reuters) - Central European currencies edged higher on Tuesday, supported by a weakening U.S. dollar and interest rate differentials. The dollar languished near a four-year low as markets awaited a vote on U.S. President Donald Trump'...Reuters
Tue, Jul 1
EMERGING MARKETS-FX firm, stocks mixed as markets await Trump's tax bill, trade deals
IMF approves $500 million disbursement for UkraineManufacturing activity in Turkey, Hungary, Poland falls in JuneMSCI EM FX up 0.1%, stocks up 0.5%By Ragini Mathur and Purvi Agarwal July 1 (Reuters) - Most emerging market currencies steadied on Tuesday on a weaker dollar amid concerns over U.S. P...Reuters
Tue, Jul 1
EUR/JPY holds losses below 169.00 despite hot Eurozone HICP inflation data
EUR/JPY retreats after registering a 12-month high of 169.86, marked on Monday, trading around 168.80 during the European hours on Tuesday. The pair remains subdued following the release of the hot Eurozone Harmonized Index of Consumer Prices (HICP) data.
Fxstreet
Tue, Jul 1
EUR/GBP keeps the red above mid-0.8500s after Eurozone inflation data, ahead of BoE’s Bailey
The EUR/GBP cross retreats from the vicinity of the 0.8600 mark, or its highest level since April 23 touched earlier this Tuesday and sticks to modest intraday gains through the first half of the European session.
Fxstreet
Tue, Jul 1
