News
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Pound Sterling finds cushion as US Dollar takes a breather from recent rally
The Pound Sterling (GBP) rebounds slightly to near 1.3270 against the US Dollar (USD) during the European trading session on Thursday, bouncing from an over two-month low of 1.3228 posted the previous day.
Fxstreet
Thu, Jul 31
Investors face global market reset as negative US bets crumble
Retreat from US assets slows on tariff deals, GDP'Rest of the world trade' follows bets against the dollarTrend-tracking hedge funds close bets against TreasuriesUS rebound would weigh on international stocks, gold, EMBy Naomi Rovnick LONDON, July 31 (Reuters) - Investors' conviction ...Reuters
Thu, Jul 31
EUR/JPY Price Forecast: Recovers strongly from 169.70 as BoJ holds interest rates steady
The EUR/JPY pair attracts significant bids around 169.70 and recovers to near 170.80 on Thursday. The cross snaps three-day losing streak as the Japanese Yen (JPY) weakens after the Bank of Japan (BoJ) left interest rates steady at 0.5%, as expected.
Fxstreet
Thu, Jul 31
QUOTES-BOJ Governor Ueda's comments at news conference
July 31 (Reuters) - The Bank of Japan kept interest rates steady on Thursday and raised its inflation forecast for the current fiscal year, signalling cautious optimism that Japan's trade deal with the U.S. would help the economy avert a steep downturn.As widely expected, the central bank mainta...Reuters
Thu, Jul 31
EUR/GBP holds positive ground above 0.8600 as traders await Eurozone HICP release
The EUR/GBP cross trades on a stronger note around 0.8620 during the early European session on Thursday. The Pound Sterling (GBP) edges lower against the Euro (EUR) as traders remain confident that the Bank of England (BoE) will cut interest rates next month after a slew of weaker UK economic data.
Fxstreet
Thu, Jul 31
