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India Morning Newsletter, July 14
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Jul 14
Japanese Yen hangs near multi-week low against USD as trade jitters temper BoJ rate hike bets
The Japanese Yen (JPY) recovers slightly from a three-week low touched against a broadly retreating US Dollar (USD) during the Asian session on Monday.
USD/JPY
Fxstreet
Mon, Jul 14
USD/CAD holds positive ground near 1.3700 on fresh tariff threats
The USD/CAD pair posts modest gains near 1.3690 during the Asian trading hours on Monday. The Canadian Dollar (CAD) edges lower against the Greenback as US President Donald Trump intensifies the trade war with fresh tariffs on the European Union (EU) and Mexico.
USD/CAD
Fxstreet
Mon, Jul 14
Australia dollar slips from 8-month top as Trump flags EU tariffs, kiwi struggles
SYDNEY, July 14 (Reuters) - The Australian dollar slipped from eight-month highs on Monday after U.S. President Donald Trump issued tariff letters to the EU and Mexico, while the kiwi struggled to hold above 60 cents. The Aussie AUD=D3 was 0.1% lower at $0.6566, down from an eight-month high of $0.6...
Reuters
Mon, Jul 14
China's yuan-denominated exports in June rise 7.2% y/y, imports grow 2.3%
BEIJING, July 14 (Reuters) - China's yuan-denominated exports rose 7.2% year-on-year in June, while imports grew 2.3%, customs data showed on Monday.
Reuters
Mon, Jul 14
EUR/USD rises to near 1.1700 due to Trump’s tariff threats on European Union
EUR/USD halts its three-day losing streak, trading around 1.1700 during the Asian hours on Monday. The pair gains ground as the US Dollar (USD) loses ground due to escalating global trade tensions.
EUR/USD
Fxstreet
Mon, Jul 14
NZD/USD softens to near 0.6000 as tariff tensions return, eyes on Chinese Trade Balance data
The NZD/USD pair trades in negative territory near 0.6000 during the early Asian trading hours on Monday. The renewed trade tensions triggered by US President Donald Trump drag the New Zealand Dollar (NZD) lower against the US Dollar (USD).
NZD/USD
Fxstreet
Mon, Jul 14
PBOC sets USD/CNY reference rate at 7.1491 vs. 7.1475 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1491 as compared to Friday's fix of 7.1475 and 7.1744 Reuters estimate.
USD/CNH
Fxstreet
Mon, Jul 14
GBP/USD holds steady around 1.3500; seems vulnerable near multi-week low
The GBP/USD pair enters a bearish consolidation phase during the Asian session and oscillates in a narrow band around the 1.3500 psychological mark, just a few pips above a three-week low touched on Friday.
GBP/USD
Fxstreet
Mon, Jul 14
FOREX-Euro eases after Trump threatens 30% tariffs on EU
Euro, Mexican peso dip after Trump's latest tariff threatsOverall currency reaction mutedTrump calls for Powell to step down againTraders eye China GDP, US CPI releasesBy Rae Wee SINGAPORE, July 14 (Reuters) - The euro fell to a three-week low on Monday while the Mexican peso also came under ...
Reuters
Sun, Jul 13
Brazil central bank to auction up to $1 billion with repurchase deal
SAO PAULO, July 11 (Reuters) - Brazil's central bank will sell up to $1 billion in a dollar auction with repurchase agreement on July 15, it said in a statement on Friday.The auction will start at 10:30 a.m. local time (1330 GMT) on Tuesday, the central bank said, adding the repurchase is set fo...
Reuters
Fri, Jul 11
EUR/USD slides below 1.1700 as tariff fears lift Dollar to 2-week high
EUR/USD finished the week with losses of over 0.70% and ended Friday’s session down 0.10% trading below the 1.1700 figure, cementing the case for a pullback to test key support levels as the Greenback posts its best week in four months. At the time of writing, the pair trades at 1.1688.
EUR/USD
Fxstreet
Fri, Jul 11
Brazil central bank to auction up to $1 billion with repurchase agreement
SAO PAULO, July 11 (Reuters) - Brazil's central bank will sell up to $1 billion in a spot dollar auction with repurchase agreement on July 15, it said in a statement on Friday.The auction will start at 10:30 a.m. local time (1330 GMT), the authority added.
Reuters
Fri, Jul 11
FOREX-Dollar strengthens against peers as Trump rekindles trade tensions; bitcoin hits record high
US dollar gains against Japanese yenCanadian dollar slides, euro under pressureSterling at two-week low after UK economy shrinks in MayBitcoin at record high on renewed regulatory optimismBy Saqib Iqbal Ahmed and Chibuike Oguh NEW YORK, July 11 (Reuters) - The U.S. dollar rose against major curre...
Reuters
Fri, Jul 11
Canadian Dollar tests low side despite upswing in Canadian labor data
The Canadian Dollar (CAD) tested lower ground against the US Dollar (USD) on Friday, shedding weight despite Canadian labor data figures outperforming median market forecasts by a sizeable margin, kicking back economic downturn concerns and forcing rate watchers to trim their bets of another Bank of
USD/CAD
Fxstreet
Fri, Jul 11
AUD/USD stalls at key 0.6600 resistance amid mixed market catalysts
The battle between the Australian Dollar (AUD) and the US Dollar (USD) persists on Friday, with bulls in the AUD/USD pair continuing to push for a break through the next major resistance level at 0.6600.
AUD/USD
Fxstreet
Fri, Jul 11
Kraken Investigating Issue With XRP(XRP) Funding Gateway
July 11 (Reuters) - KRAKEN:KRAKEN: INVESTIGATING ISSUE WITH THE XRP (XRP) FUNDING GATEWAY
Reuters
Fri, Jul 11
EUR/CHF Price Forecast: Bearish momentum grows within consolidation range
The Euro (EUR) remains under pressure against the Swiss Franc (CHF) on Thursday, trading near the lower boundary of its multi-week consolidation range between 0.9300 and 0.9430.
EUR/CHF
Fxstreet
Fri, Jul 11
GBP/JPY Price Forecast: Sterling set for weekly gains amid broad Yen weakness
The British Pound (GBP) trades modestly stronger against the Japanese Yen (JPY) on Friday, as the Yen remains broadly pressured amid a fresh wave of trade-related uncertainty.
GBP/JPY
Fxstreet
Fri, Jul 11
Russia Consumer Price Index (MoM): 0.2% (June) vs previous 0.43%
Russia Consumer Price Index (MoM): 0.2% (June) vs previous 0.43%
Fxstreet
Fri, Jul 11
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