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EUR: EU Commission budget likely to be watered down – ING
The EU Commission's EUR 2tn budget proposal has continued to face harsh criticism from Germany, ING’s FX analyst Francesco Pesole notes.
EUR/USD
Fxstreet
Fri, Jul 18
EMERGING MARKETS-FX steady, stocks set for weekly gains on global trade optimism
Moody's to review Czech Republic ratingsRomania awaits central bank minutesAsian stocks gain, led by Taiwan's TSMC after record profitMSCI EM FX set for second weekly loss By Ragini Mathur and Purvi Agarwal July 18 (Reuters) - Most emerging market currencies were steady on Friday while eq...
Reuters
Fri, Jul 18
Eurozone Construction Output s.a (MoM) declined to -1.68% in May from previous 1.7%
Eurozone Construction Output s.a (MoM) declined to -1.68% in May from previous 1.7%
EUR/USD
Fxstreet
Fri, Jul 18
Eurozone Construction Output w.d.a (YoY) dipped from previous 3% to 2.9% in May
Eurozone Construction Output w.d.a (YoY) dipped from previous 3% to 2.9% in May
EUR/USD
Fxstreet
Fri, Jul 18
AUD/USD advances further beyond 0.6500 amid notable USD weakness
The AUD/USD pair is building on the previous day's bounce from the vicinity of mid-0.6400s, or a three-and-a-half-week trough, and gaining strong follow-through positive traction on Friday.
AUD/USD
Fxstreet
Fri, Jul 18
FOREX-Japanese yen on back foot ahead of Sunday election, US dollar stays strong
Yen could weaken through 150 a dollar if ruling party loses election, analyst says Dollar index rises after strong retail sales dataUS currency still faces pressure from Trump attacks on Fed chiefBy Kevin Buckland TOKYO, July 18 (Reuters) - The yen softened on Friday heading into Sunday's upp...
Reuters
Fri, Jul 18
Pound Sterling set for third straight week of losses amid growing UK labor market concerns
The Pound Sterling (GBP) ticks up slightly on Friday, but remains near an over two-month low around 1.3375 during the European trading session The outlook of the GBP/USD pair, which is set to close in the red for a third consecutive week, remains vulnerable due to growing concerns about the United K
GBP/USD
Fxstreet
Fri, Jul 18
GBP/JPY hits fresh YTD highs above 199.85 amid generalised Yen weakness
The Pound is keeps marching higher for the second consecutive day as the Japanese Yen struggles, hammered by a mix of lack of progress in the trade talks with the US, rising political uncertainty, and easing inflationary trends, which muddle the BoJ’s monetary policy outlook.
GBP/JPY
Fxstreet
Fri, Jul 18
Forex Today: US Dollar consolidates weekly gains as focus shifts to US confidence data
Here is what you need to know on Friday, July 18:
Fxstreet
Fri, Jul 18
AUD/JPY jumps to near 96.80 as Yen underperforms ahead of Japan’s elections
The AUD/JPY pair climbs to near 96.80 during the European trading session on Friday. The cross demonstrates strength as the Japanese Yen (JPY) underperforms across the board amid uncertainty surrounding elections in Japan on Sunday.
AUD/JPY
Fxstreet
Fri, Jul 18
EUR/GBP strengthens above 0.8650 as traders raise bets on BoE rate cut
The EUR/GBP cross gains ground to near 0.8655 during the early European session on Friday. The Pound Sterling (GBP) edges lower against the Euro (EUR) as the UK Unemployment Rate hits the highest level in four years.
EUR/GBP
Fxstreet
Fri, Jul 18
FOREX-Dollar set for weekly gain as firm US data tempers Fed easing bets
Dollar index heads for 0.72% rise after strong retail sales dataUS currency still faces pressure from Trump's attacks on Fed chiefYen pressured as Japan's coalition facing tough weekend electionBy Kevin Buckland TOKYO, July 18 (Reuters) - The dollar headed for a second straight weekly gai...
Reuters
Fri, Jul 18
Germany Producer Price Index (YoY) in line with expectations (-1.3%) in June
Germany Producer Price Index (YoY) in line with expectations (-1.3%) in June
EUR/USD
Fxstreet
Fri, Jul 18
Germany Producer Price Index (MoM) above forecasts (0%) in June: Actual (0.1%)
Germany Producer Price Index (MoM) above forecasts (0%) in June: Actual (0.1%)
EUR/USD
Fxstreet
Fri, Jul 18
EUR/JPY Price Forecast: Bullish outlook remains in play, overbought RSI warrants caution for bulls
The EUR/JPY cross gathers strength to around 172.80 during the early Asian session on Friday. The Japanese Yen (JPY) weakens against the Euro (EUR) amid reduced Bank of Japan (BoJ) rate hike bets.
EUR/JPY
Fxstreet
Fri, Jul 18
USD/INR reclaims three-week high on US Dollar’s continued outperformance
The Indian Rupee (INR) revisits a three-week low at open against the US Dollar (USD) on Friday. The USD/INR pair jumps to near 86.25, while the US Dollar holds onto gains near its immediate highs.
Infinity Natural Resources Inc
Fxstreet
Fri, Jul 18
Silver Price Forecast: XAG/USD struggles near $38.00 due to diminished odds of Fed cuts
Silver price (XAG/USD) holds mild losses after two days of gains, trading around $38.20 per troy ounce during the Asian hours on Friday.
Silver
Fxstreet
Fri, Jul 18
USD/CHF tumbles to below 0.8050 on tariff uncertainty
The USD/CHF pair tumbles to around 0.8030 during the early European session on Friday. Persistent trade tensions and Federal Reserve (Fed) policy uncertainty boost the safe-haven demand, supporting the Swiss Franc (CHF).
USD/CHF
Fxstreet
Fri, Jul 18
USD/CAD trades with negative bias below mid-1.3700s, lacks bearish conviction
The USD/CAD pair drifts lower during the Asian session on Friday and moves away from a three-and-a-half-week high, around the 1.3775 region touched the previous day. Spot prices, however, lack bearish conviction and trade just below mid-1.3700s, down less than 0.10% for the day.
USD/CAD
Fxstreet
Fri, Jul 18
NZD/USD Price Forecast: 200-EMA acts as key support
The NZD/USD pair rises 0.4% to near 0.5955 during the Asian trading session on Friday. The Kiwi pair gains as the US Dollar (USD) struggles to extend its over two-week rally amid uncertainty surrounding trade talks between the United States (US) and the European Union (EU).
NZD/USD
Fxstreet
Fri, Jul 18
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