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AUD/USD dives to three-week lows near 0.6560 after weak Australian employment data
The Australian Dollar is one of the weakest performers of the G8 currencies on Thursday, hammered by a disappointing Australian Employment report and the overall risk-averse market, which is boosting demand for safe-haven assets, such as the US Dollar.Fxstreet
Thu, Jul 17
RPT-COLUMN-Reversing US immigration set to grab market attention: Mike Dolan
By Mike Dolan LONDON, July 17 (Reuters) - While markets have been obsessed with U.S. tariffs since April, they may gradually shift focus to an arguably bigger economic issue: worker shortages from halted immigration and rising deportations.Financial markets continue to be swayed by the Trump admi...Reuters
Thu, Jul 17
INDIA RUPEE-Rupee dips past key support, exporter activity and inflows help limit losses
By Jaspreet Kalra MUMBAI, July 17(Reuters) - The Indian rupee weakened past a key support level on Thursday to hit a three-week low, pressured by a broadly stronger dollar, even as exporter dollar sales and portfolio inflows helped the local currency limit its losses.The rupee INR=IN closed at 86...Reuters
Thu, Jul 17
Truckmaker Volvo counts on improving Europe to offset North America slump
Shares flat after rising 3% in early tradingSigns of recovery in Europe offset North America slumpQ2 adjusted operating profit at SEK 13.5 bln, above consensusBy Jesus Calero July 17 (Reuters) - Swedish truckmaker Volvo VOLVb.ST reported higher than expected quarterly earnings on Thursday, as si...Reuters
Thu, Jul 17
EUR/GBP breakout signals Fresh upside – Société Générale
EUR/GBP has broken out of its recent consolidation range, confirming renewed bullish momentum. With technical indicators supportive, the pair now targets higher levels, provided key support at 0.8585 holds, Société Générale's FX analysts note.
Fxstreet
Thu, Jul 17
GBP/JPY nears YTD highs at 199.80 as tariffs, political uncertainty hurt the Yen
The Pound has shrugged off the impact of the grim UK employment figures seen earlier today to rally against a weaker Japanese Yen, weighed by the increasing political uncertainty and lack of progress in the trade talks with the US.
Fxstreet
Thu, Jul 17
Sterling strengthens against euro after job market data
LONDON, July 17 (Reuters) - The pound strengthened against the euro on Thursday, after data showed that a cooling in the British labour market, which had alarmed some policymakers, now appears less acute than the previous report had suggested. The euro was last down 0.22% on the pound at 86.52 pence...Reuters
Thu, Jul 17
Japan’s “Triple Selloff” Risk — Stocks, Bonds, and Yen All Under Pressure Ahead of Sunday’s Upper House Election
TradingKey - On Sunday, July 20, Japan will hold its upper house election, a vote that could reshape the country’s political and fiscal trajectory. Analysts are sounding the alarm: if the ruling coalition fails to secure a majority, it could trigger a rare “triple selloff” in Japanese stocks, bondsTradingKey
Thu, Jul 17
AUD/USD: Resistance levels are at 0.6530 and 0.6550 – UOB Group
There is a chance for Australian Dollar (AUD) to test 0.6480 against US Dollar (USD). In the longer run, there has been a tentative buildup in momentum; AUD is likely to edge lower to 0.6480, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jul 17
CEE MARKETS-Currencies hold onto gains after US dollar volatility
PRAGUE, July 17 (Reuters) - Central European currencies edged up on Thursday, holding on to stronger levels after U.S. dollar turbulence, as Hungary's forint firmed past the psychologically key 400 a euro level and the Czech crown hovered just off one-year highs.Stock markets in central Europe w...Reuters
Thu, Jul 17
EUR/JPY clings to gains near mid-172.00s, remains close to YTD peak amid a weaker JPY
The EUR/JPY cross regains positive traction following the previous day's turnaround from the 173.25 area or a fresh one-year peak and sticks to its intraday gains through the first half of the European session on Thursday.
Fxstreet
Thu, Jul 17
