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GBP/USD: Major resistance at 1.3800 is probably out of reach – UOB Group
Pound Sterling (GBP) may edge higher and test the 1.3770 level against US Dollar (USD); the major resistance at 1.3800 is probably out of reach.
GBP/USD
Fxstreet
Tue, Jul 1
USD/CHF hits fresh long-term lows near 0.7900 as market sentiment sours
The Swiss Franc is one of the strongest G8 performers, amid higher demand for safe havens as risk aversion increased during Tuesday’s European market session. The USD/CHF, as a result, has extended its decline to fresh 14-year lows at the 0.7900 area.
USD/CHF
Fxstreet
Tue, Jul 1
FOREX-Dollar drops versus yen, Swiss franc as Trump's tax bill and tariffs weigh
Dollar trades at multi-year lows against most major currencies Fiscal worries grow on Trump's spending bill as voting nearsSurveys on business activity, job openings awaitedBy Ankur Banerjee and Johann M Cherian SINGAPORE, July 1 (Reuters) - The U.S. dollar weakened on Tuesday, falling the mo...
Reuters
Tue, Jul 1
EUR/USD steadies near highs as trade uncertainty, US debt woes weigh on the Dollar
The EUR/USD pair is trading practically flat around 1.1790 at the moment of writing on Tuesday, edging slightly down after a nine-day rally that reached levels above 1.1800 for the first time in almost four years.
EUR/USD
Fxstreet
Tue, Jul 1
Silver spikes up to $36.50 with markets turning cautious
Silver (XAG/USD) is extending its rebound from Monday’s lows at $3540 to intra-day highs at $36.50 so far, with precious metals supported by higher demand for safe havens, amid an increasingly cautious market sentiment.
Silver
Fxstreet
Tue, Jul 1
Eurozone HCOB Manufacturing PMI came in at 49.5, above forecasts (49.4) in June
Eurozone HCOB Manufacturing PMI came in at 49.5, above forecasts (49.4) in June
EUR/USD
Fxstreet
Tue, Jul 1
Germany Unemployment Rate s.a. below forecasts (6.4%) in May: Actual (6.3%)
Germany Unemployment Rate s.a. below forecasts (6.4%) in May: Actual (6.3%)
EUR/USD
Fxstreet
Tue, Jul 1
Germany Unemployment Change below expectations (15K) in May: Actual (11K)
Germany Unemployment Change below expectations (15K) in May: Actual (11K)
EUR/USD
Fxstreet
Tue, Jul 1
Germany HCOB Manufacturing PMI in line with expectations (49) in June
Germany HCOB Manufacturing PMI in line with expectations (49) in June
EUR/USD
Fxstreet
Tue, Jul 1
France HCOB Manufacturing PMI registered at 48.1 above expectations (47.8) in June
France HCOB Manufacturing PMI registered at 48.1 above expectations (47.8) in June
EUR/USD
Fxstreet
Tue, Jul 1
Italy HCOB Manufacturing PMI registered at 48.4, below expectations (49.5) in June
Italy HCOB Manufacturing PMI registered at 48.4, below expectations (49.5) in June
EUR/USD
Fxstreet
Tue, Jul 1
USD/CAD remains subdued near 1.3600 due to improved risk appetite
USD/CAD moves little after registering over half of a percent losses in the previous session, trading around 1.3600 during the early European hours on Tuesday.
USD/CAD
Fxstreet
Tue, Jul 1
Switzerland SVME - Purchasing Managers' Index came in at 49.6, above forecasts (44) in June
Switzerland SVME - Purchasing Managers' Index came in at 49.6, above forecasts (44) in June
USD/CHF
Fxstreet
Tue, Jul 1
EUR/GBP holds below 0.8600 ahead of Eurozone inflation data, BoE’s Bailey speech
The EUR/GBP cross attracts some sellers to around 0.8575 during the early European session on Tuesday. The Euro (EUR) edges lower against the Pound Sterling (GBP) due to the softer-than-expected German inflation data.
EUR/GBP
Fxstreet
Tue, Jul 1
FOREX-Dollar struggles near 4-year lows as Trump's tax bill and tariffs weigh
Euro at strongest since September 2021Dollar weakness shows no sign of stopping Fiscal worries grow on Trump's spending bill as voting nearsBy Ankur Banerjee SINGAPORE, July 1 (Reuters) - The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President ...
Reuters
Tue, Jul 1
USD/CHF depreciates to near 0.7900 ahead of Swiss economic data
USD/CHF extends its losing streak for the seventh consecutive session, hitting fresh lows not seen since September 2011, trading around 0.7920 during the Asian hours on Tuesday.
USD/CHF
Fxstreet
Tue, Jul 1
GBP/USD holds steady around 1.3740, remains close to multi-year top amid a bearish USD
The GBP/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.3740 area, just below its highest level since October 2021 touched last week amid a bearish US Dollar (USD).
GBP/USD
Fxstreet
Tue, Jul 1
EUR/USD extends the rally to near 1.1800 ahead of Eurozone inflation, US ISM PMI data
The EUR/USD pair trades in negative territory near 1.1790 during the early European session on Tuesday. The US Dollar (USD) weakens against the Euro (EUR) amid rising fiscal worries and uncertainty around trade deals.
EUR/USD
Fxstreet
Tue, Jul 1
EUR/JPY Price Forecast: Trades around 169.50 after retreating from twelve-month highs
EUR/JPY depreciates after two days of gains, trading around 169.40 during the Asian hours on Tuesday. The technical analysis of the daily chart shows that the currency cross moves upwards within the ascending channel pattern, strengthening the bullish bias.
EUR/JPY
Fxstreet
Tue, Jul 1
India Morning Newsletter, July 1
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Tue, Jul 1
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