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INDIA RUPEE-Rupee nudges higher but US tariff-driven swings keep traders cautious
By Jaspreet Kalra MUMBAI, July 8 (Reuters) - The Indian rupee gained slightly in early trading on Tuesday, in line with an uptick in most Asian peers while traders remained light-footed, awaiting clarity on the ongoing trade negotiations between India and the United States.The rupee INR=IN rose t...Reuters
Tue, Jul 8
Australia dollar jumps as RBA shocks with steady rates
By Wayne Cole SYDNEY, July 8 (Reuters) - The Australian dollar bolted higher on Tuesday after the country's central bank shocked investors by not cutting interest rates as had been widely expected, slamming a dovish debt market and pushing yields higher.The Reserve Bank of Australia ended a t...Reuters
Tue, Jul 8
FOREX-Yen struggles on trade woes, Aussie surges after surprise RBA hold
Trump unveils 25% tariffs on Japan, South KoreaJapan's yen struggles to recover from lossesRBA leaves rates unchanged, sends Aussie jumpingBy Rae Wee SINGAPORE, July 8 (Reuters) - The yen fell broadly on Tuesday after U.S. President Donald Trump reiterated that he plans to impose 25% tariffs ...Reuters
Tue, Jul 8
USD/CAD falls to near 1.3650 due to renewed tariff threats from Trump
USD/CAD depreciates after registering over 0.50% gains in the previous session, trading around 1.3650 during the Asian hours on Tuesday. The pair faces challenges as the US Dollar (USD) struggles, driven by market caution.
Fxstreet
Tue, Jul 8
AUD/JPY edges higher to near 95.50 as RBA holds cash rate steady at 3.85%
The AUD/JPY cross gathers strength to near 95.50 during the early Asian trading hours on Tuesday. The Australian Dollar (AUD) attracts some buyers against the US Dollar (USD) after the Reserve Bank of Australia (RBA) interest rate decision.
Fxstreet
Tue, Jul 8
Australia's central bank keeps rates at 3.85%, stuns markets
SYDNEY, July 8 (Reuters) - Australia's central bank on Tuesday left its cash rate steady at 3.85%, a shock for markets that had confidently wagered on a cut, saying the majority of the board wanted to wait for more information to confirm inflation was slowing.Wrapping up a two-day policy meeting...Reuters
Tue, Jul 8
EUR/USD climbs to near 1.1750 as EU seeks to conclude a trade deal with US
The EUR/USD pair attracts some buyers here to around 1.1745 during the Asian trading hours on Tuesday. The upbeat Eurozone Retail Sales data for May provides some support to the Euro (EUR) against the US Dollar (USD).
Fxstreet
Tue, Jul 8
Iron ore rebounds despite Trump's tariff threat triggering caution
BEIJING, July 8 (Reuters) - Iron ore futures prices rebounded on Tuesday, supported by resilient near-term demand in top consumer China, although caution triggered by U.S. President Donald Trump's threat of higher tariffs capped gains.The most-traded September iron ore contract on China's Da...Reuters
Tue, Jul 8
INDIA RUPEE-Relief for rupee after India left out of US tariff hike; Asia shrugs off Trump move
By Nimesh Vora MUMBAI, July 8(Reuters) - The Indian rupee is likely to open marginally higher on Tuesday, helped by the calm in Asian markets despite U.S. President Donald Trump imposing higher tariffs on South Korea and Japan among others. Trump’s comments about nearing a trade agreement with ...Reuters
Tue, Jul 8
Australian Dollar gains ground ahead of RBA policy decision
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Tuesday, halting its three-day losing streak. The AUD/USD pair registered 1% losses in the previous session amid mounting expectations of a Reserve Bank of Australia (RBA) rate cut in July.
Fxstreet
Tue, Jul 8
Yen stumbles as Trump imposes 25% tariffs on Japan
Trump unveils 25% tariffs on Japan, South KoreaJapan's yen, South Korean won struggle to recover from lossesConcerns over global economic outlook persistRBA expected to cut rates on July 8By Rae Wee SINGAPORE, July 8 (Reuters) - The yen fell broadly on Tuesday while the dollar held steady as ...Reuters
Tue, Jul 8
USD/CAD holds positive ground above 1.3650 amid firmer US Dollar
The USD/CAD pair edges higher to near 1.3670 during the early Asian session on Tuesday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after US President Donald Trump announced new tariffs set to go into effect on August 1 for some trading partners.Fxstreet
Mon, Jul 7
RBA set to cut interest rate amid soft inflation and weak growth
The Reserve Bank of Australia (RBA) is holding a monetary policy meeting on Tuesday and is set to lower the Official Cash Rate (OCR) by 25 basis points (bps) to 3.60% from 3.85%. The July monetary policy announcement will take place on Tuesday at 04:30 GMT.Fxstreet
Mon, Jul 7
