News
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Brazil acknowledges possibility of no US trade deal by August 1
SAO PAULO, July 21 (Reuters) - Brazil's finance minister said on Monday that his country will not give up negotiating with the United States, but acknowledged that a deal may not be reached by August 1, when President Donald Trump's 50% tariffs on Brazilian goods are due to take effect."...Reuters
Mon, Jul 21
FOREX-Yen firms after Japanese election result, US dollar softens
Yen firms as markets had priced in Japan election resultRuling coalition loses majority in upper houseJapanese markets closed on Monday Tariffs, ECB & Fed meetings in focusBy Ankur Banerjee and Samuel Indyk SINGAPORE/LONDON, July 21 (Reuters) - The yen firmed on Monday after Japan's rulin...Reuters
Mon, Jul 21
USD/JPY: To trade in a range of 146.90/149.20 – UOB Group
US Dollar (USD) is likely to trade in a range between 147.80 and 148.85 against Japanese Yen (JPY). In the longer run, USD strength has paused for now; it is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jul 21
Ether Machine To Go Public With Over $1.5 Bln Of Fully Committed Capital
July 21 (Reuters) - THE ETHER MACHINE: THE ETHER MACHINE TO GO PUBLIC WITH OVER $1.5 BILLION OF FULLY COMMITTED CAPITALTHE ETHER MACHINE: PUBLIC LAUNCH THROUGH COMBINATION BETWEEN THE ETHER RESERVE & DYNAMIX CORP.THE ETHER MACHINE: COMBINED ENTITY TO TRADE ON NASDAQ UNDER TICKER SYMBOL "ETHM...Reuters
Mon, Jul 21
USD/JPY falls back to near 147.70 as Yen trades firmly after Japan’s parliamentary elections
The USD/JPY pair gives up initial recovery move and slides to near 147.70 during the European session on Monday. The pair faces selling pressure as the Japanese Yen (JPY) outperforms across the board, following the outcome of Japan’s parliament elections on Sunday.Fxstreet
Mon, Jul 21
JPY: Take a breath and buckle up – Commerzbank
In an initial reaction, the Japanese Yen (JPY) appreciated this morning, showing some relief after yesterday's elections. And certainly, the uncertainty about the political future could have been much greater this morning. As feared, the LDP lost its majority in yesterday's upper house elections.Fxstreet
Mon, Jul 21
Sterling inches up against euro, dollar but remains near multi-week lows
LONDON, July 21 (Reuters) - The British pound edged higher against the dollar and euro on Monday, but remained close to the multi-week lows it reached against both currencies last week as investor attention remains on Bank of England policy and the deteriorating fiscal picture. The pound GBP=D3 was ...Reuters
Mon, Jul 21
RPT-COLUMN-Cooler euro lets ECB off the hook: Mike Dolan
By Mike Dolan LONDON, July 21 (Reuters) - Continued uncertainty surrounding U.S. tariff policy means the European Central Bank can easily justify keeping interest rates on hold this week, but the euro's surprising retreat this month gives the policymakers additional cover to stand pat.The unf...Reuters
Mon, Jul 21
USD/JPY: Watch post-election responses – OCBC
USD/JPY saw fairly whippy trades this morning, likely in reaction to Upper House election results amid thin market liquidity as Japan markets are closed for holidays. USD/JPY last seen at 147.92, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Mon, Jul 21
JPY: Don't read too much into yen strength – ING
The Japanese Yen (JPY) is a little stronger today as the market digests yesterday's Upper House election results. Here, the ruling coalition between the Liberal Democratic Party (LDP) and Komeito lost its majority, although it remains by far the largest political bloc in parliament.Fxstreet
Mon, Jul 21
GBP/USD: View is still negative – UOB Group
Pound Sterling (GBP) could edge lower, but it does not appear to have enough momentum to break below 1.3375. GBP view is still negative; the next technical target at 1.3320 may not come into view so soon, as it could consolidate first, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jul 21
EMERGING MARKETS-FX steady, stocks higher as markets await trade progress, rate decisions
Interest rate decisions in Hungary, Turkey, others this week Markets watching tariffs, Philippine president to meet Trump Singapore stocks hit record high for 14th sessionMSCI EM FX down 0.1%, stocks up 0.2% By Purvi Agarwal July 21 (Reuters) - Most emerging market currencies steadied while stock...Reuters
Mon, Jul 21
Dynamix, A Blank-Check Company, Plans To Merge With Another Entity To Create The Ether Machine- WSJ
July 21 (Reuters) - DYNAMIX, A BLANK-CHECK COMPANY, PLANS TO MERGE WITH ANOTHER ENTITY TO CREATE THE ETHER MACHINE- WSJDYNAMIX'S MERGED NEW ENTITY PLANS TO HOLD OVER $1.5 BILLION IN ETHER- WSJDYNAMIX DEAL TO BE BACKED BY KRAKEN AND BLOCKCHAIN.COM CONTRIBUTING MORE THAN $800 MILLION IN EQUITY FIN...Reuters
Mon, Jul 21
