News
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FOREX-Yen firms after election even as uncertainty beckons
Yen firms as markets had priced in Japan election resultsRuling 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 ruli...Reuters
Mon, Jul 21
USD/CAD rises to near 1.3750 ahead of BoC Business Outlook Survey
USD/CAD attempts to retrace its recent losses from the previous session, trading around 1.3730 during the early European hours on Monday. The pair appreciates as the Canadian Dollar (CAD) struggles amid ongoing trade tensions.
Fxstreet
Mon, Jul 21
Japan’s yen rose after Ishiba’s party lost the election
The Japanese yen jumped early Monday, catching traders off guard just hours after Shigeru Ishiba’s ruling party suffered a historic blow in the July 20 upper-house election.At 11 a.m. Tokyo time (10 p.m. ET Sunday), the yen strengthened 0.22% against the U.S. dollar, rising to 148.49, after sinking
Cryptopolitan
Mon, Jul 21
NZD/USD recovers early lost ground, moves back above mid-0.5900s amid softer USD
The NZD/USD pair reverses a major part of its intraday losses and climbs to the 0.5965 region, or back closer to the daily peak during the early European session on Monday. Spot prices, however, remain confined in Friday's broader range, warranting some caution for aggressive traders.
Fxstreet
Mon, Jul 21
EUR/GBP weakens to near 0.8650 on tariff tensions
The EUR/GBP cross loses momentum to around 0.8660 during the early European session on Monday. The Euro (EUR) softens against the Pound Sterling (GBP) due to renewed trade tensions between the United States (US) and the European Union (EU) ahead of the tariff deadline on August 1.
Fxstreet
Mon, Jul 21
IFX Payments mulls withdrawing takeover offer for UK's Argentex
July 21 (Reuters) - Cross-border payments provider IFX Payments said on Monday that it is considering withdrawing its takeover offer for Argentex AGFX.L, just days after the British currency risk management company appointed administrators due to a funding shortfall. Argentex, one of the early casua...Reuters
Mon, Jul 21
USD/CHF Price Forecast: Bearish outlook remains in play near 0.8000
The USD/CHF pair drifts lower to around 0.8010 during the early European session on Monday. Concerns over the economic impact of higher US tariffs keep investors on edge and boost the Swiss Franc (CHF), a traditional safe-haven currency.
Fxstreet
Mon, Jul 21
IFX Payments mulls withdrawing takeover offer for UK's Argentex
July 21 (Reuters) - Cross-border payments provider IFX Payments said on Monday that it was considering withdrawing its takeover offer for Argentex AGFX.L, days after the British currency risk management company appointed administrators amid a funding shortfall.Reuters
Mon, Jul 21
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
GBP/USD Price Forecast: Hovers above 1.3400 despite a persistent bearish bias
The GBP/USD pair edges higher for the second successive day, trading around 1.3420 during the Asian hours on Monday. However, the bearish bias persists as the daily chart’s technical analysis indicates that the pair remains within the descending channel pattern.Fxstreet
Mon, Jul 21
FOREX-Yen takes Japan election in stride even as uncertainty beckons
Yen holds ground as markets had priced in Japan election resultsRuling coalition loses majority in upper houseInvestors brace for policy gridlock, fiscal worriesJapanese markets closed on Monday By Ankur Banerjee SINGAPORE, July 21 (Reuters) - The yen firmed on Monday after Japan's ruling coa...Reuters
Mon, Jul 21
Japan PM Ishiba vows to stay in office to deal with US tariff talks
TOKYO, July 21 (Reuters) - Japanese Prime Minister Shigeru Ishiba said on Monday he needed to continue in office to deal with trade tariff negotiations with the United States and other economic issues following a bruising defeat in upper house elections.Reuters
Mon, Jul 21
EUR/USD Price Forecast: Holds steady around 1.1625 area; not out of the woods yet
The EUR/USD pair kicks off the new week on a subdued note and oscillates in a narrow trading band through the Asian session. Spot prices currently trade around the 1.1625 area, nearly unchanged for the day, amid mixed cues.Fxstreet
Mon, Jul 21
Pausing for breath: Five questions for the ECB
ECB set to hold rates at 2%30% tariff threat bigger than ECB's worst case scenarioTariff uncertainty clouds growth, inflation outlookBy Yoruk Bahceli and Stefano Rebaudo LONDON, July 21 (Reuters) - The European Central Bank is set to pause for breath on Thursday after eight consecutive intere...Reuters
Mon, Jul 21
