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AUD/USD struggles around 0.6500 as Australian inflation cools down, Fed policy awaited
The AUD/USD pair falls to near 0.6500 during the European trading session on Wednesday. The Aussie pair faces selling pressure as the Australian Dollar (AUD) weakens, following the release of the Australia Consumer Price Index (CPI) data for the second quarter of the year and June.
Fxstreet
Wed, Jul 30
Fresh Del Monte Q2 revenue up 4%, beats expectations
OverviewFresh Del Monte fiscal Q2 rev grows 4% yr/yr, beating analyst expectationsGross profit for fiscal Q2 rises 6%, driven by fresh and value-added productsCo maintains strong balance sheet with reduced long-term debt and robust cash flowOutlookFresh Del Monte expects growth in pineapple and fres...Reuters
Wed, Jul 30
White House set to unveil closely watched crypto policy report
Crypto report to outline administration's views on tokenization Report will lay out regulatory, legislative proposalsTrump courted cash from crypto industry on the campaign trailBy Hannah Lang July 30 (Reuters) - A cryptocurrency working group formed by President Donald Trump is set to releas...Reuters
Wed, Jul 30
Bank of Canada seen holding rates steady for third time in a row
BoC likely to hold rates at 2.75% amid trade war impactEconomists warn rate cuts could increase inflationary pressuresBoC awaits US-Canada trade deal outcome before policy changeBy Promit MukherjeeOTTAWA, July 30 (Reuters) - The Bank of Canada will most likely keep rates on hold at 2.75% on Wednesda...Reuters
Wed, Jul 30
RPT-COLUMN-IMF could do with a bigger crisis than it forecasts: Mike Dolan
By Mike Dolan LONDON, July 30 (Reuters) - The world economy has not fallen apart in 2025, which may be either a relief or a worry, depending on how you look at it.After a chaotic first half of U.S. policy upheaval and trade shocks that unleashed a wild but brief rollercoaster on financial markets...Reuters
Wed, Jul 30
NZD/USD: Likely to trade in a sideways range of 0.5940/0.597 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a sideways range of 0.5940/0.5975 against US Dollar (USD). In the longer run, upward momentum has faded; tentative increase in downward momentum may lead to NZD declining to 0.5940, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jul 30
Sterling edges up ahead of Fed, investors uncertain about BoE policy path
By Stefano Rebaudo July 30 (Reuters) - Sterling was marginally higher on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting, after digesting news this week of a trade deal between the United States and the European Union. The greenback edged lower as investors ...Reuters
Wed, Jul 30
AUD: Good enough – Commerzbank
In the minutes of the last meeting of the Reserve Bank of Australia, the monetary policy committee highlighted two economic factors in particular that will influence the interest rate decision at the next meeting in August: the labour market and inflation.Fxstreet
Wed, Jul 30
USD/CAD holds gains at 1.3770 ahead of the Fed and BoC decisions
The Greenback steadies near recent highs against the Canadian Dollar following a four-day rally, with investors watching from the sidelines ahead of the monetary policy decisions by the Federal Reserve and the Bank of Canada due later on the day.The pair is trading right above 1.3770 during Wednesda
Fxstreet
Wed, Jul 30
GBP/USD: Likely to consolidate between 1.3315 and 1.3385 – UOB Group
Pound Sterling (GBP) is likely to consolidate between 1.3315 and 1.3385. In the longer run, price action continues to suggest GBP weakness; the next technical target is 1.3300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Jul 30
USD/CAD eyes 1.3800 break as momentum builds – Société Générale
USD/CAD is approaching key resistance at 1.3800 after consolidating gains from its June low near 1.3535. With momentum turning more constructive, a breakout could open the door to 1.3910 and the 200-DMA near 1.4000, Société Générale's FX analysts note.Fxstreet
Wed, Jul 30
