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CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% lower at C$1.3688 to the greenback, or 73.06 U.S. cents, after trading in a range of 1.3662 to 1.371.Canadian government 10-year bond yields CA10YT=RR...Reuters
Wed, Jul 9
JPY flat w/ overnight recovery mirroring spreads – Scotiabank
The Japanese Yen (JPY) is entering Wednesday’s NA session unchanged against the US Dollar (USD) with an impressive recovery from overnight losses that seemed to primarily reflect movement in the US Treasury market, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Wed, Jul 9
GBP quiet ahead of data highlights later in week – Scotiabank
The Pound Sterling (GBP) is entering Wednesday’s NA session unchanged vs. the US Dollar (USD), with limited overnight movement reflecting the absence of any major data releases, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Wed, Jul 9
EUR soft as markets await German/France CPI Thursday/Friday – Scotiabank
The Euro (EUR) is soft and entering Wednesday’s NA session marginally lower against the US Dollar (USD), hovering just above the 1.17 level at which it has found support so far this week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Wed, Jul 9
USD/CAD: Risks easing a little more from a technical point of view – Scotiabank
The Canadian Dollar (CAD) remains pinned back to near its recent lows against the US Dollar (USD) in the upper 1.36s, where the USD has camped out for most of the week so far, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Wed, Jul 9
FOREX-Dollar pinned at more than two-week high versus yen as trade war intensifies
Markets brace for more trade-related announcements from TrumpDollar rises against yen amid stalled US-Japan trade talksEU may secure exemptions from US tariffs, sources sayFed policy minutes due later in the dayBy Rocky Swift, Johann M Cherian TOKYO, July 9 (Reuters) - The dollar hovered near a m...Reuters
Wed, Jul 9
EUR/USD: There are also the rate differentials – Commerzbank
There is another reason why the USD is struggling to gain ground against the euro: the interest rate differential. The market is now pricing in just under two interest rate cuts by the Fed by the end of the year, but only one by the ECB.Fxstreet
Wed, Jul 9
USD/CHF drifts away from the 0.8000 level ahead of the FOMC minutes
The US Dollar recovery from 14-year lows, at 0.7870, was rejected on Tuesday at 0.8000 for the second consecutive day, and the pair is trading lower on Wednesday, returning to the mid-range of the 0.7900s.The Swiss Franc is drawing support from a cautious market sentiment and a somewhat softer Dolla
Fxstreet
Wed, Jul 9
Sterling steady as investors weigh BoE's financial stability report, tariff uncertainty
By Johann M Cherian July 9 (Reuters) - Sterling was little changed on Wednesday, as investors digested the Bank of England's half-yearly report on financial stability and assessed the potential impact of trade disputes on global economic growth.The pound was little changed against the U.S. do...Reuters
Wed, Jul 9
AUD/USD recovery stalls below 0.6545 as the market’s focus shifts to the Fed
The Australian Dollar is posting marginal losses on Wednesday, trading within Tuesday’s range, as the positive impact from the hawkish RBA statement wore off, and investors shift their focus to the release of the FOMC minutes.The risk-averse sentiment seen on previous days, following Trump's announc
Fxstreet
Wed, Jul 9
AUD/USD: Expected to consolidate in a range of 0.6495/0.6555 – UOB Group
Australian Dollar (AUD) is expected to consolidate in a range of 0.6495/0.6555 against US Dollar (USD). In the longer run, downward momentum is starting to build; AUD is likely to edge lower toward 0.6460, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jul 9
USD/JPY retreats from 147.15 as risk aversion eases ahead of the FOMC Minutes
The US Dollar has trimmed previous gains on Wednesday’s European session, as market sentiment improved, and is trading with marginal gains against the Yen, nearing the mid-range of the 146.00s after rejection at 147.15.The pair appreciated about 1.5% over the previous two days, after a letter from PFxstreet
Wed, Jul 9
EMERGING MARKETS-FX, stocks lower as Trump expands US tariff plans
Trump says copper tariffs in store, more announcements comingHungary awaits central bank's June meeting minutes MSCI EM FX down 0.1%, stocks fall 0.4%By Ragini Mathur and Purvi Agarwal July 9 (Reuters) - Most emerging market currencies and stocks were lower on Wednesday after U.S. President D...Reuters
Wed, Jul 9
Russian rouble little changed despite U.S. sanctions threat
MOSCOW, July 9 (Reuters) - The Russian rouble changed little against the dollar on Wednesday, despite U.S. President Donald Trump's sharp criticism of Russian President Vladimir Putin and the threat of new U.S. and European sanctions. By 0925 GMT, the rouble RUB= was 0.4% stronger at 78.15 per U...Reuters
Wed, Jul 9
