News
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FOREX-Dollar climbs as traders mull Powell's future, yen dips ahead of Japan election
Investors focus on tariffs and Japan's political shiftJapan's exports fall amid tariff tensions with USConcerns over Fed independence and dollar stability riseBy Rocky Swift and Lucy Raitano TOKYO & LONDON, July 17 (Reuters) - The dollar was broadly stronger on Thursday as investo...Reuters
Thu, Jul 17
USD/CAD nears three-week highs at 1.3750 as the US Dollar rallies on risk aversion
The US Dollar is retracing previous losses against the Canadian Dollar on Thursday, with markets averse to risk amid rising speculation that Fed Chairman Jerome Powell will be forced to resign under pressure from US President Trump.Trump said that the possibility of firing the Fed chairman is “highl
Fxstreet
Thu, Jul 17
USD/CHF maintains position near 0.8050 despite improved Swiss Trade Balance data
USD/CHF appreciates around 0.50% despite an improved Swiss Trade Balance released on Thursday, trading around 0.8040 during the European hours. Switzerland’s trade surplus widened to CHF 4.3 billion in June, nearly doubling from a CHF 2.2 billion surplus in May.
Fxstreet
Thu, Jul 17
TSMC: Expects Q3 Revenue Of $31.8-33 Bln
July 17 (Reuters) - Taiwan Semiconductor Manufacturing Co Ltd 2330.TW:TSMC: EXPECTS Q3 REVENUE OF $31.8-33 BILLION (VERSUS Q3 2024 REVENUE $23.5 BILLION)TSMC: EXPECTS Q3 GROSS MARGIN AT 55.5-57.5% (Q2 58.6%)TSMC: EXPECTS Q3 OPERATING MARGIN AT 45.5-47.5% (Q2 49.6%)TSMC: SEES 2025 CAPEX AT $38-42 BIL...Reuters
Thu, Jul 17
Silver Price Forecast: XAG/USD wobbles around $38, awaits clarity on US-EU trade talks
Silver price (XAG/USD) trades in a tight range around $38 during the Asian trading session on Wednesday. The white metal consolidates as investors await more cues regarding trade talks between the United States (US) and the European Union (EU).
Fxstreet
Thu, Jul 17
FOREX-Yen slides on tariff, election anxiety; Aussie hit by soft jobs
Investors focus on tariffs and Japan's political shiftJapan's exports fall amid tariff tensions with U.S.Concerns over Fed independence and dollar stability riseBy Rocky Swift TOKYO, July 17 (Reuters) - The yen slid on Thursday as concerns mounted over a pivotal election in Japan and a st...Reuters
Thu, Jul 17
USD/CAD retakes 1.3700, eyes multi-week top amid a broadly firmer USD
The USD/CAD pair attracts some dip-buying during the Asian session on Thursday and climbs further beyond the 1.3700 mark amid a broadly firmer US Dollar (USD). Spot prices have now reversed the previous day's retracement slide from a three-week high and seem poised to appreciate further.Fxstreet
Thu, Jul 17
USD/INR falls while investors await US-India trade deal confirmation
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR ticks down to near 85.95 but is broadly sideways, while investors await the confirmation of a trade deal between the United States and India.Fxstreet
Thu, Jul 17
China's yuan steadies as anxiety grows over Fed, Trump spat
SHANGHAI, July 17 (Reuters) - China's yuan steadied against the dollar on Thursday, as the central bank yet again set a much stronger guidance fix to keep the currency stable amid rising concerns over U.S. President Donald Trump's relentless criticism of the Federal Reserve chair.The outlook...Reuters
Thu, Jul 17
EUR/USD falls toward 1.1600 ahead of Eurozone HICP data
EUR/USD retraces its recent gains from the previous session, trading around 1.1620 during the Asian hours on Thursday. Traders will likely observe Eurozone Harmonized Index of Consumer Prices (HICP) data scheduled to be released later in the day.Fxstreet
Thu, Jul 17
