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Brazilian Real: Rising rates signal currency risk – Commerzbank
Commerzbank FX analyst Michael Pfister examines why higher Brazilian interest rate expectations tend to weaken the Brazilian Real (BRL) rather than support it.
Fxstreet
Tue, Jun 30
British Pound: Sterling seen grinding lower against Euro – Rabobank
Rabobank's Senior FX Strategist Jane Foley discusses British Pound (GBP) performance around United Kingdom (UK) political developments, focusing on potential leadership by Burnham and adherence to existing fiscal rules.
GBP/USD
EUR/GBP
Fxstreet
Tue, Jun 30
New Zealand Dollar advances as ANZ outlook jumps
NZD/USD gains ground for the second successive day, trading around 0.5650 during the European hours on Tuesday. The New Zealand Dollar (NZD) maintains its upward momentum, drawing strong support from a sharp rebound in domestic sentiment.
NZD/USD
Fxstreet
Tue, Jun 30
Japanese Yen hangs near four-decade low vs USD as carry trade counters intervention risks
The USD/JPY pair sticks to a bullish bias for the second consecutive day and trades around the 162.30 region during the first half of the European session, near a four-decade high touched earlier this Tuesday.
USD/JPY
Fxstreet
Tue, Jun 30
Why is the Japanese Yen at 40-year lows when Japan’s economy is growing?
The Japanese Yen (JPY) has decisively breached long-standing four-decade technical resistance, climbing past 162.00 to reach values not seen since 1986.
USD/JPY
Fxstreet
Tue, Jun 30
British Pound holds below 1.3250 after a downward revision of UK GDP
The British Pound (GBP) is giving away previous gains against the US Dollar (USD) on Tuesday, weighed by the downward revision of the UK’s Q1 Gross Domestic Product (GDP) data.
GBP/USD
Fxstreet
Tue, Jun 30
Canadian Dollar slips as Fed hawkish stance lifts US Dollar
USD/CAD remains stronger for the second successive day, hovering around 1.4230 during the European session on Tuesday. The currency pair steadies as the US Dollar (USD) strengthens on growing expectations of a hawkish Federal Reserve interest rate path.
USD/CAD
Brent
Fxstreet
Tue, Jun 30
USD/CHF Price Forecast: Poised to extend gains beyond 0.8100 amid broadly firmer USD
The USD/CHF pair sticks to its modest intraday gains through the first half of the European session on Tuesday, with bulls now awaiting a sustained strength above the 0.8100 mark before placing fresh bets.
USD/CHF
Fxstreet
Tue, Jun 30
Japanese Yen: Intervention risks rise with Fed hawkishness – MUFG
MUFG’s Lee Hardman notes that USD/JPY has broken above its July 2024 high as the US Dollar strengthens on a hawkish Federal Reserve backdrop.
USD/JPY
Fxstreet
Tue, Jun 30
Germany Hesse CPI (YoY) dipped from previous 2.6% to 2.3% in June
Germany Hesse CPI (YoY) dipped from previous 2.6% to 2.3% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany Hesse CPI (MoM) remains unchanged at -0.2% in June
Germany Hesse CPI (MoM) remains unchanged at -0.2% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany Saxony CPI (MoM) declined to -0.3% in June from previous -0.1%
Germany Saxony CPI (MoM) declined to -0.3% in June from previous -0.1%
EUR/USD
Fxstreet
Tue, Jun 30
Germany Saxony CPI (YoY): 2.3% (June) vs previous 2.8%
Germany Saxony CPI (YoY): 2.3% (June) vs previous 2.8%
EUR/USD
Fxstreet
Tue, Jun 30
Germany Brandenburg CPI (YoY) down to 2.4% in June from previous 2.8%
Germany Brandenburg CPI (YoY) down to 2.4% in June from previous 2.8%
EUR/USD
Fxstreet
Tue, Jun 30
Germany Brandenburg CPI (MoM): -0.2% (June) vs previous -0.1%
Germany Brandenburg CPI (MoM): -0.2% (June) vs previous -0.1%
EUR/USD
Fxstreet
Tue, Jun 30
Germany Baden-Wuerttemberg CPI (YoY) fell from previous 2.4% to 2.1% in June
Germany Baden-Wuerttemberg CPI (YoY) fell from previous 2.4% to 2.1% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany Baden-Wuerttemberg CPI (MoM) rose from previous -0.3% to -0.2% in June
Germany Baden-Wuerttemberg CPI (MoM) rose from previous -0.3% to -0.2% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany North Rhine-Westphalia CPI (YoY) dipped from previous 2.4% to 2.1% in June
Germany North Rhine-Westphalia CPI (YoY) dipped from previous 2.4% to 2.1% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany North Rhine-Westphalia CPI (MoM) fell from previous -0.2% to -0.4% in June
Germany North Rhine-Westphalia CPI (MoM) fell from previous -0.2% to -0.4% in June
EUR/USD
Fxstreet
Tue, Jun 30
Germany Unemployment Change came in at -1K, below expectations (10K) in May
Germany Unemployment Change came in at -1K, below expectations (10K) in May
EUR/USD
Fxstreet
Tue, Jun 30
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