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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3716 to the greenback, or 72.91 U.S. cents, after trading in a range of 1.369 to 1.3742.Canadian government 10-year bond yields CA10YT=RR ro...Reuters
Mon, Jul 28
USD/JPY extends gains to the 138.40 area as the Dollar rallies after trade deals
US President Trump and European Commission President Ursula von der Leyen agreed on Sunday on a framework very similar to the US-Japan trade deal signed last week.European products will face a15% levy, down from the 30% announced earlier in July, and, in exchange, the EU will invest EUR 600 billion
Fxstreet
Mon, Jul 28
CAD soft but performing relatively well vs. G10 – Scotiabank
The Canadian Dollar (CAD) is soft, down 0.2% against the US Dollar (USD) and outperforming all of the G10 currencies as we head into Monday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Mon, Jul 28
FOREX-Dollar strengthens after US and EU agree to tariff deal
Euro down against most peers after initial, knee-jerk rise Fed, Bank of Japan expected to hold rates steady this weekChina and US negotiating ahead of August 12 deadlineBy Rocky Swift and Alun John TOKYO/LONDON, July 28 (Reuters) - The dollar rose against major currencies on Monday after the U.S....Reuters
Mon, Jul 28
NZD/USD: Odds of NZD rising to 0.6080 are diminishing – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range of 0.6005/0.6040 against US Dollar (USD). In the longer run, upward momentum is beginning to slow; the odds of NZD rising to 0.6080 are diminishing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jul 28
AUD/USD may still move to 0.6645 – UOB Group
Australian Dollar (AUD) is likely to consolidate in a range of 0.6555/0.6595 against US Dollar (USD). In the longer run, short-term momentum has eased slightly; AUD may still move to 0.6645, but the odds are not high, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jul 28
RUB: 200bp cut delivered, more coming – Commerzbank
The Russian central bank (CBR) cut its policy rate by 200bp to 18.0% last Friday, matching market expectations. This move followed recent disinflationary developments where the seasonally-adjusted annualised inflation rate already reached CBR’s 4% target.Fxstreet
Mon, Jul 28
EUR/GBP extends rebound after breakout – Société Générale
EUR/GBP resumed its upward trajectory after breaking out of recent consolidation. Momentum indicators remain supportive, with the pair eyeing 0.8800 and higher levels, while 0.8645–0.8660 serves as near-term support, Société Générale's FX analysts note.
Fxstreet
Mon, Jul 28
Sterling bounces off two-year low on euro, soft on dollar
LONDON, July 28 (Reuters) - The pound briefly hit a two-year low versus the euro on Monday, before rebounding, and dipped on the dollar, though its moves were largely a function of those elsewhere as investors digested the announcement of an EU-U.S. trade deal. The pound was last down 0.2% on the do...Reuters
Mon, Jul 28
USD/CHF jumps to near 0.8000 as US Dollar outperforms across the board
The USD/CHF pair attracts significant bids and jumps to near the psychological level of 0.8000 on Monday. The Swiss Franc pair trades firmly as the US Dollar (USD) outperforms its peers, following the announcement of a trade framework between the United States (US) and the European Union (EU).
Fxstreet
Mon, Jul 28
RPT-COLUMN-Fed rates are going nowhere fast: Mike Dolan
By Mike Dolan LONDON, July 28 (Reuters) - Incoming U.S. inflation signals are offering the Federal Reserve little or no justification to resume interest rate cuts, and it's hard to see that changing before September.Following an unscheduled visit to the Fed last week, President Donald Trump s...Reuters
Mon, Jul 28
EUR/USD: 2-way trades on the day – OCBC
Euro (EUR) consolidated near recent highs, following confirmation of a trade deal between US and Europe, with a tariff of 15% on most EU imports while EU plans to invest $600bn in the US and increase its purchases of US energy and military equipment.Fxstreet
Mon, Jul 28
USD/CAD Price Forecast: Rises to near 1.3750 after breaking above 50-day EMA
USD/CAD extends its winning streak for the third successive session, trading around 1.3730 during the European hours on Monday. The technical analysis of the daily chart indicates that the pair moves sideways within the rectangular pattern, suggesting a prevailing neutral bias.Fxstreet
Mon, Jul 28
