News
Important Only
S&P Global PMIs set to show ongoing US economic strength in July
S&P Global will release on Thursday its preliminary July Purchasing Managers' Indices (PMIs) for the United States, based on surveys of top private sector executives, to provide an early indication of economic momentum.Fxstreet
Thu, Jul 24
Silver Price Forecast: XAG/USD downside attempts remain contained above $38.75
Silver (XAG/USD) is trading lower for the second consecutive day on Thursday, as the risk-on mood weighs on demand for the safe-haven precious metals, but the pair has a significant support at the $38.75 area (July 22 lows), which is keeping the bullish structure in place so far.News that the EU is
Fxstreet
Thu, Jul 24
Nokia confirms quarterly miss, sees stronger second half if dollar holds
By Alessandro Parodi July 24 (Reuters) - Nokia NOKIA.HE expects the second half of 2025 to be stronger than the first, CEO Justin Hotard said on Thursday, two days after the network equipment maker issued a profit warning due to a weaker U.S. dollar and tariffs."Considering these two headwind...Reuters
Thu, Jul 24
INDIA RUPEE-Barclays says rupee fall 'overdone', BofA Global Research stays bullish
By Jaspreet KalraMUMBAI, July 24 (Reuters) - The Indian rupee's recent fall looks overdone to analysts at Barclays while their counterparts at BofA Global Research reckon that portfolio flows and a weak outlook for the dollar may help the rupee rise over the remainder of the year. Both hedge fun...Reuters
Thu, Jul 24
EUR/GBP gathers strength to above 0.8650, all eyes on ECB rate decision
The EUR/GBP cross trades in positive territory near 0.8670 during the early European session on Thursday, bolstered by optimism surrounding the European Union (EU) and the United States (US) trade deal. The European Central Bank (ECB) interest rate decision will take center stage later on Thursday.
Fxstreet
Thu, Jul 24
EXPLAINER-Why the Russian rouble is outperforming and what it means
MOSCOW, July 24 (Reuters) - The Russian rouble's 45% rise against the U.S. dollar since the start of the year has made it one of the world's best performing currencies - but the sharp appreciation is proving to be a double-edged sword for the heavily sanctioned Russian economy.The strength o...Reuters
Thu, Jul 24
Australian dollar hits 8-month high on cautious RBA, trade deal hopes
SYDNEY, July 24 (Reuters) - The Australian dollar hit an eight-month high on Thursday, aided by less dovish central bank speak and a rally in global stocks on trade deal optimism, while kiwi lagged a little behind. Overnight, Wall Street extended its record breaking rally after the U.S.-Japan trade ...Reuters
Thu, Jul 24
FOREX-Euro, yen upbeat on trade progress
Trump to visit Federal Reserve on ThursdayMarket mood buoyant as more trade deals expectedEuro steady, yen holds gains despite domestic political uncertaintyFocus on ECB rate decision later in the dayBy Rae Wee SINGAPORE, July 24 (Reuters) - The euro crept toward its highest level in nearly four ...Reuters
Thu, Jul 24
