Search
News
Japanese Yen: Intervention risks and softer payrolls – MUFG
MUFG’s Michael Wan notes that softer US non-farm payrolls and suspected FX intervention supported the Japanese Yen, pushing USD/JPY sharply lower. He highlights that weaker payrolls reduce the likelihood of a near-term Fed rate hike but do not clarify the broader labour and inflation outlook.
Fxstreet
Fri, Jul 3
Silver Price Forecast: XAG/USD rises above $62.00 within broader bearish setup
Silver price (XAG/USD) jumps to the weekly high near $62.15 during the early European trading hours on Friday. The precious metal extends the rally as a weaker-than-expected US Nonfarm Payrolls (NFP) report has reduced expectations of Federal Reserve (Fed) interest rate hikes this year.
Fxstreet
Fri, Jul 3
NZD/USD Price Forecast: Refreshes weekly high near 0.5725 as US Dollar weakens
The NZD/USD pair posts a fresh weekly high at around 0.5725 during the European trading session on Friday. The Kiwi pair reflects strength as risk-on market sentiment due to a slight cool down in hawkish Federal Reserve (Fed) expectations has improved the appeal of antipodeans.
Fxstreet
Fri, Jul 3
Canadian Dollar looks to extend recovery from YTD low on weaker USD, uptick in Oil prices
The USD/CAD pair struggles to capitalize on the previous day's modest bounce from a nearly two-week low and turns lower for the second straight day following a modest Asian session uptick to the 1.4200 neighborhood.
Fxstreet
Fri, Jul 3
Indian Rupee gains ground as weak NFP data batters US Dollar
The Indian Rupee (INR) opens slightly higher against the US Dollar (USD) on Friday. The USD/INR pair drops to near 95.26 due to broader underperformance in the US Dollar, following the release of the weak United States (US) Nonfarm Payrolls (NFP) data for June on Thursday.Fxstreet
Fri, Jul 3
Swiss Franc rises as US Dollar declines on easing Fed rate hike bets
USD/CHF extends its losses for the second successive day, trading around 0.8020 during the Asian hours on Friday. The pair depreciates as the US Dollar (USD) loses ground amid a disappointing set of domestic labor data released on Thursday, easing bets on a Fed rate hikes.
Fxstreet
Fri, Jul 3
GBP/USD Price Forecast: Gathers strength above 1.3350, but stays capped below 100-day average
The GBP/USD pair trades in positive territory around 1.3360 during the early European session on Friday. The British Pound (GBP) gathers strength against the US Dollar (USD) on a weaker-than-expected US Nonfarm Payrolls (NFP) report.Fxstreet
Fri, Jul 3
AUD/JPY Price Forecast: Holds gains near 112.00 as bearish bias persists below key moving averages
The AUD/JPY cross trades in positive territory around 111.75 during the early European trading hours on Friday. The Australian Dollar (AUD) strengthens against the Japanese Yen (JPY) following the Chinese economic data.
Fxstreet
Fri, Jul 3
New Zealand Dollar remains firm above 0.5700 after Chinese services PMI data
The NZD/USD pair gathers strength to around 0.5705 during the Asian trading hours on Friday. The New Zealand (NZD) remains strong following the Chinese economic data. The US markets will be closed on Friday in observance of Independence Day.Fxstreet
Fri, Jul 3
Canadian Dollar declines on falling oil prices
USD/CAD inches higher after registering modest losses in the previous day, trading around 1.4190 during the Asian hours on Friday. The currency pair is holding its ground as a tug-of-war unfolds between a weakening crude oil market and soft economic data out of the United States (US).
Featured Tools
Top News
US Stocks Close: Dow Drops Over 600 Points, Some Tech Stocks Rebound, CrowdStrike Gains Over 8%
Micron Stock Price Forecast: MU Tumbles Over 6% Nearing $850, Risks Further Drop to $800
Today’s Market Recap: Nasdaq Drops 2.60%, Meta Slumps 7%, Oil Surges Past $113, Gold Plunges Toward $4,000
SpaceX Rises Over 2% Pre-Market: Plans to Connect 80,000 Base Stations, Can Stock Price Reclaim the $155 20-Day Moving Average?
Bloom Energy Q3 Revenue Up 138% YoY, EPS Swings to Profit, But Shares Tumble 7% After Hours
