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FOREX-Dollar slips versus major currencies as US tariff deadline looms
Trump's tax bill raises fiscal sustainability concernsU.S. expected to specify tariff rates to countries soonJapan said to send chief trade negotiator to U.S. amid tariff tensionsBy Rocky Swift and Johann M Cherian TOKYO, July 4 (Reuters) - The dollar slipped against other major currencies on...Reuters
Fri, Jul 4
USD/JPY: More likely to trade in a range of 144.15/145.25 – UOB Group
Instead of continuing to rise, US Dollar (USD) is more likely to trade in a range of 144.15/145.25 against Japanese Yen (JPY). In the longer run, USD has likely entered a range trading phase, probably between 143.50 and 145.95, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jul 4
NZD/USD: Expected to trade in a range of 0.6055/0.6095 – UOB Group
New Zealand Dollar (NZD) is expected to trade in a range of 0.6055/0.6095 against US Dollar (USD). In the longer run, upward momentum has largely faded; NZD is likely to trade in a range between 0.6035 and 0.6130, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jul 4
USD/CAD remains unable to put a significant distance from year-to-date lows at 3.3590.
The US Dollar is failing to take any significant distance from year-to-date lows and remains capped below 1.3600 on Friday, unfazed by the strong US Nonfarm Payrolls report and the dwindling hopes of Fed cuts in July.The Greenback ticked up on Thursday after the NFP report showed a larger-than-expec
Fxstreet
Fri, Jul 4
AUD/USD: Expected to trade sideways between 0.6540 and 0.6595 – UOB Group
Australian Dollar (AUD) is expected to trade sideways between 0.6540 and 0.6595 against US Dollar (USD). In the longer run, should AUD break clearly above 0.6595, it could trigger a further rise toward 0.6620, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jul 4
Sterling heads for weekly loss as fiscal concerns loom
By Johann M Cherian July 4 (Reuters) - Sterling was poised for a weekly loss on Friday, marking a lacklustre end to a week that saw fiscal and political uncertainties rattle investor appetite for UK assets.The pound was flat GBP=D3 and last fetched $1.36, while against the euro EURGBP= it inched ...Reuters
Fri, Jul 4
What Happens If the Euro Hits 1.20? ECB Is Uneasy while Bessent Says Europe Can’t Handle a Strong Euro Moment
TradingKey - The U.S. dollar’s sharp decline in H1 2025 has lifted non-dollar currencies, with the euro appreciating around 14% against the greenback — aligning with European Central Bank (ECB) President Christine Lagarde’s vision of a “Global Euro Moment.” However, the recent strength in EUR/USD
TradingKey
Fri, Jul 4
Silver Price Forecast: XAG/USD consolidates right below $37.00 in risk-off markets
Silver consolidates the previous two days' gains and remains pinned near $37.00.Trade uncertainty is weighing on investors' sentiment and supporting precious metals on Friday.XAG/USD remains trading within a horizontal range, with key resistance at $37.30.Silver (XAG/USD) is trading near its highest
Fxstreet
Fri, Jul 4
Taiwan CBank: Seeking Confirmation of Foreign Fund Infows To Taiwan Stocks From Citi And Other Custodian Banks
July 4 (Reuters) - Taiwan Central Bank: WE HAVE CONTACTED CUSTODIAN BANKS TO UNDERSTAND SITUATION REGARDING FOREIGN FUND INFLOWS AND THEIR INVESTMENT IN TAIWAN STOCKSWE WANT TO CONFIRM THAT FOREIGN INVESTORS' FUND INFLOWS ARE INVESTED IN TAIWAN STOCKS, AND THAT THEY SEND THE MONEY OUT OF TAIWAN ...Reuters
Fri, Jul 4
Welfare cut U-turn shows UK "formidable" challenges, rating firm S&P warns
LONDON, July 4 (Reuters) - The inability of Britain's government to make modest cuts to welfare spending this week underscores the underscores 'formidable' challenge it faces in repairing it finances, credit rating agency S&P Global said on Friday.UK Prime Minister Keir Starmer was f...Reuters
Fri, Jul 4
AUD/USD drifts to 0.6550 as concerns about US tariffs resurface
The Australian Dollar is trading lower for the second day in a row, retreating from year-to-date highs, at 0.6590, with risk-sensitive assets weighed by growing tariff uncertainty as the July 9 deadline comes closer.US President Donald Trump affirmed on Thursday that he will start sending letters toFxstreet
Fri, Jul 4
