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FOREX-Dollar gains ground against major peers after better-than-expected US jobs data
US job openings show better-than-expected increaseFed Chair Powell reiterates central bank will wait for more dataDollar pares losses versus yen and Swiss francEuro cuts gains versus dollarBy Chibuike Oguh NEW YORK, July 1 (Reuters) - The U.S. dollar gained ground against major currencies includi...Reuters
Tue, Jul 1
Fed's Powell says dollar swap lines remain important tool
By Michael S. DerbyNEW YORK, July 1 (Reuters) - Federal Reserve Chairman Jerome Powell said Tuesday the U.S. central bank has no plans to change how it offers dollar liquidity to other official entities. Speaking on the matter of the Fed's dollar swap lines system, Powell told a gathering held b...Reuters
Tue, Jul 1
Euro’s Parity Narrative Collapses — EUR/USD Hits Longest Winning Streak in Years, on Track for 9-Day Rally
TradingKey - In the first half of 2025, the U.S. dollar fell at its fastest pace since the early 1970s, and the euro surged in response. The EUR/USD exchange rate is now on track to record a rare nine-day consecutive rally, rendering many Wall Street forecasts from earlier this year obsolete.
TradingKey
Tue, Jul 1
Japanese Yen strengthens to over two-week high as US Dollar weakens, trade tensions linger
The Japanese Yen (JPY) gains against the US Dollar (USD) on Tuesday, reaching its highest level in over two weeks as the broadly weak Greenback remains under pressure amid fiscal uncertainty and dovish Federal Reserve (Fed) expectations.
Fxstreet
Tue, Jul 1
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.1% lower at C$1.3625 to the greenback, or 73.39 U.S. cents, after trading in a range of 1.3592 to 1.3627.Canadian government 10-year bond yields CA10YT=RR ...Reuters
Tue, Jul 1
EXCLUSIVE-IDB seeks to unlock $11 billion-plus for sustainability goals
New FX EDGE platform to help countries manage currency riskTo issue Amazonia Bonds, provide more credit supportPart of efforts to boost action at landmark conference By Simon Jessop, Marc Jones and David Latona SEVILLE, July 1 (Reuters) - The Inter-American Development Bank aims to unlock at leas...Reuters
Tue, Jul 1
FOREX-Dollar drops versus yen, Swiss franc as Trump's tax bill and tariffs weigh
Dollar trades at multi-year lows against most major currencies Fiscal worries grow on Trump's spending bill as voting nearsSurveys on business activity, job openings awaitedBy Ankur Banerjee, Johann M Cherian SINGAPORE, July 1 (Reuters) - The U.S. dollar weakened on Tuesday, falling the most ...Reuters
Tue, Jul 1
“Golden July” for the Yen? Market Bets on JPY Strength — Could USD/JPY Return to 140?
TradingKey - Since mid-May, the USD/JPY exchange rate has hovered around 145 , with the yen’s earlier strengthening trend stalling in early 2025. However, as the U.S. dollar weakens at its fastest pace in over half a century and Japanese economic activity picks up, investors are increasingly bettingTradingKey
Tue, Jul 1
Sterling firms to three-year peak, focus on welfare bill vote
By Johann M Cherian July 1 (Reuters) - Sterling neared a three-year high on Tuesday, aided by a broad dollar weakness, as uncertainty about the health of the U.S. economy continued to pressure the U.S. currency and forced investors to look for alternatives.The pound GBP=D3, GBP= edged up 0.4% to ...Reuters
Tue, Jul 1
RUB: Crisis whispers in the ear – Commerzbank
USD/RUB and EUR/RUB are not market-driven or floating exchange rates. Even so, at this time, these exchange rates are reflecting excessive optimism that the Ukraine war may somehow end and that some of the harsh sanctions on Russia may be removed.Fxstreet
Tue, Jul 1
USD/JPY: Any further decline is unlikely to reach 142.70 – UOB Group
Increase in momentum may lead to US Dollar (USD) breaking below 143.50 against Japanese Yen (JPY); any further decline is unlikely to reach 142.70. In the longer run, buildup in momentum could trigger further USD declines toward 142.70, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jul 1
ECB policymakers set pain threshold for euro rise in weak economy
Kazaks says 10% tariffs, euro rise 'large enough'De Guindos sees $1.20 as thresholdSimkus says any rate cut may wait until year-endBy Francesco Canepa and Balazs Koranyi SINTRA, Portugal, July 1 (Reuters) - Two European Central Bank policymakers warned on Tuesday about the hit from a furt...Reuters
Tue, Jul 1
CORRECTED-EXCLUSIVE-IDB to boost sustainable finance support by at least $11 billion
New FX EDGE platform to help countries manage currency riskTo issue Amazonia Bonds, provide more credit supportPart of efforts to boost MDB action at landmark conference By Simon Jessop, Marc Jones and David LatonaSEVILLE, July 1 (Reuters) - The Inter-American Development Bank aims to unlock at leas...Reuters
Tue, Jul 1
INDIA RUPEE-Rupee gains alongside Asian peers as US policy worries trouble dollar
By Jaspreet KalraMUMBAI, July 1 (Reuters) - The Indian rupee strengthened on Tuesday, alongside most Asian peers, as worries over U.S. President Donald Trump's fiscal policies and uncertainty around trade deals kept the dollar pinned at a more than three-year low against major peers.The rupee IN...Reuters
Tue, Jul 1
CORRECTED-CEE MARKETS-Currencies buoyed as U.S. dollar languishes near 4-year low
By FX, traders, near, recent and highs BUDAPEST, July 1 (Reuters) - Central European currencies edged higher on Tuesday, supported by a weakening U.S. dollar and interest rate differentials. The dollar languished near a four-year low as markets awaited a vote on U.S. President Donald Trump'...Reuters
Tue, Jul 1
