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USD/JPY consolidates around 146.30 as investors seek current status of US-Japan trade talks
The USD/JPY pair trades sideways around 146.30 during the European trading session on Thursday. The pair consolidates as investors await fresh news regarding trade talks between the United States (US) and Japan.Fxstreet
Thu, Jul 10
NZD/USD: Price action indicates that further NZD weakness is likely – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range against US Dollar (USD), most likely between 0.5980 and 0.6020. In the longer run, price action indicates that further NZD weakness is likely; the level to watch is 0.5950, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jul 10
EMERGING MARKETS-FX steady, stocks jump as markets shrug off Trump's tariffs
Trump targets Brazil with 50% tariffs, prompting retaliationPolish central banker says September rate cut possibleMSCI EM FX down 0.1%, stocks up 0.4%By Ragini Mathur and Purvi Agarwal July 10 (Reuters) - Most emerging market stocks were higher on Thursday while currencies were mixed as investors...Reuters
Thu, Jul 10
USD/JPY eyes key 148 resistance – Société Générale
USD/JPY has rebounded after defending its May low of 142.10, with daily MACD momentum turning positive and suggesting a recovery phase. The pair may now test the critical resistance zone at 148/148.65, while 144.20 serves as nearby support, Société Générale's FX analysts note.Fxstreet
Thu, Jul 10
GBP/USD: Likely to trade in a sideways range of 1.3570/1.3635 – UOB Group
Momentum indicators are still mostly flat; Pound Sterling (GBP) is likely to trade in a sideways range of 1.3570/1.3635 against US Dollar (USD). In the longer run, the likelihood of GBP dropping to 1.3510 is increasing, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jul 10
EUR/JPY Price Forecast: Maintains position above 171.50, targets fresh one-year highs
EUR/JPY edges higher after registering losses in the previous session, trading around 171.60 during the European hours on Thursday. The bullish bias is strengthening as the technical analysis of the daily chart shows that the currency cross moves upwards within the ascending channel pattern.
Fxstreet
Thu, Jul 10
EUR: Volatility declining ahead of EU-US deal – ING
EUR/USD 1-week historical volatility is back below 7.0, confirming markets' extra caution in dealing with Trump’s tariff announcements. By comparison, this peaked at 20 in April, and was above 9.0 only a couple of weeks ago, ING's FX analyst Francesco Pesole notes.
Fxstreet
Thu, Jul 10
FOREX-Dollar steady, Brazilian real slides on tariff threat; bitcoin near record high
Dollar pinned down by drop in Treasury yields, dovish FedBrazil's real hits 1-month low as Trump criticises Bolsonaro trialBitcoin sticks close to overnight peak near $112,000By Kevin Buckland and Lucy Raitano TOKYO/LONDON, July 10 (Reuters) - The U.S. dollar stabilised on Thursday after retr...Reuters
Thu, Jul 10
Silver Price Forecast: XAG/USD returns above $36.50 buoyed by a softer US Dollar
Silver (XAG/USD) appreciated on Thursday, with precious metals drawing support from a somewhat weaker US Dollar, as Treasury yields dropped on the back of dovishly tilted FOMC minutes and a strong auction of US bonds on Wednesday.The minutes of the last Federal Reserve meeting confirmed a deep diver
Fxstreet
Thu, Jul 10
NZD/USD Price Forecast: Retains bullish bias above 0.6000 above the 100-day EMA
The NZD/USD pair attracts some buyers near 0.6010 during the early European session on Thursday, bolstered by a softer US Dollar (USD). The US weekly Initial Jobless Claims will be in the spotlight later on Thursday.Fxstreet
Thu, Jul 10
INDIA RUPEE-Rupee nudges higher; familiar resistance, support levels tipped to hold
By Jaspreet Kalra MUMBAI, July 10 (Reuters) - The Indian rupee ticked up on Thursday, tracking regional peers higher, as a fresh round of tariff threats from the White House did little to move the needle for markets with traders expecting the local unit to stick to its familiar range in the near-...Reuters
Thu, Jul 10
