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Dollar hits near 4-year low versus euro, weighed by worries over tax bill, trade deal
Dollar index on track for biggest H1 drop since early 1970s Euro hits highest since 2021 against the greenbackChina trade progress precedes July 9 tariff deadlineCanadian dollar strengthens after US digital tax is haltedBy Chibuike Oguh NEW YORK, June 30 (Reuters) - The dollar hit a near four-yea
Reuters
Tue, Jul 1
GBP/USD holds onto high ground ahead of dual central bank appearances and US ISM data
GBP/USD continues to knock into multi-year highs above the 1.3700 handle, with the pair keeping afloat on thin intraday volumes on Monday. Greenback flows continue to tilt into the bearish side, keeping Cable price action on rails and limiting the downside.
Fxstreet
Mon, Jun 30
USD/CAD trades with mild losses near 1.3600 as US, Canada to resume trade talks
The USD/CAD pair trades with mild losses near 1.3605 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar as trade negotiations between the United States and Canada resume.
Fxstreet
Mon, Jun 30
AUD/JPY holds steady near 94.65 as buyers defend key support zone
The AUD/JPY has continued to consolidate within the 93.70–95.00 range over the past ten trading days, amid a fragile market mood driven by controversial US policies, the escalation and de-escalation of the Middle East conflict, and the approval of the US fiscal budget.
Fxstreet
Mon, Jun 30
Progress Software Q2 revenue up 36%, raises FY25 guidance
OverviewProgress Software fiscal Q2 revenue grows 36% yr/yr to $237 mlnARR increases 46% yr/yr to $838 mln, reflecting strong product portfolioCo raises FY25 guidance for revenue, operating margin, EPS, and cash flowOutlookProgress Software raises FY25 revenue guidance to $962-$974 mln.Company expec...Reuters
Mon, Jun 30
Forex Today: Central bankers will be in the spotlight
The Greenback traded with marked losses at the start of the week, as market participants remained cautious ahead of Chief Powell's and another central banker's speech at the ECB Forum in Portugal, while also keeping an eye on trade developments and the likelihood of additional Fed easing.Fxstreet
Mon, Jun 30
EUR/USD soars to 1.1780 as US Dollar languishes on fiscal and trade optimism
EUR/USD climbs to fresh yearly highs of 1.1780 on Monday as the Greenback continues to remain battered by the prospects of the approval of the fiscal budget in the United States (US) and the expectation that the Trump administration continues to make progress on trade deals with major trading partneFxstreet
Mon, Jun 30
NZD/USD climbs to multi-month peak as US Dollar slides on dovish Fed bets, US fiscal woes
The New Zealand Dollar (NZD) extends its winning streak against the US Dollar (USD) on Monday, with the NZD/USD rising to 0.6090 — its highest level since October 2024 — as broad-based Greenback weakness continues to fuel gains.
Fxstreet
Mon, Jun 30
GBP/JPY struggles to extend gains after YTD high, holds steady above 197.00
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Monday, slipping below the 198.00 handle amid a mild corrective pullback from the year-to-date high of 198.81 marked on Friday. The Pound is losing ground against major peers to start the week.
Fxstreet
Mon, Jun 30
CANADA FX DEBT-Canadian dollar gains for fifth straight month as threat to trade talks fades
Canadian dollar strengthens 0.3% against the greenbackFor June, the loonie adds 0.8%Price of oil decreases 0.8%10-year yield eases 3.4 basis points to 3.274%By Fergal Smith TORONTO, June 30 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Monday, recouping all the grou...Reuters
Mon, Jun 30
FOREX-Dollar languishes against major peers as markets weigh trade deals, tax bill
Dollar index on track for biggest H1 drop since early 1970s US Senate tries to pass spending billChina trade progress precedes July 9 tariff deadlineCanadian dollar strengthens after US digital tax is haltedBy Chibuike Oguh NEW YORK, June 30 (Reuters) - The dollar languished against the euro and ...Reuters
Mon, Jun 30
Rising government debt poses greatest risk to US market standing, says BlackRock
By Davide Barbuscia NEW YORK, June 30 (Reuters) - Surging U.S. government debt may sap investor appetite for key U.S. assets like long-dated Treasuries and the dollar, bolstering the case for turning to opportunities beyond U.S. borders, BlackRock said on Monday.President Donald Trump's tarif...Reuters
Mon, Jun 30
FOREX-Dollar languishes against major peers as markets weigh trade deals, tax bill
Dollar on track for biggest H1 drop since early 1970s US Senate tries to pass spending billChina trade progress precedes July 9 tariff deadlineBy Chibuike Oguh NEW YORK, June 30 (Reuters) - The dollar languished against the euro and Swiss franc on Monday as markets weighed the prospect of a ballo...Reuters
Mon, Jun 30
USD/CAD Price Forecast: USD/CAD edges lower within wedge as Canada rescinds tech tax
The Canadian Dollar (CAD) is gaining ground against the US Dollar (USD) on Monday after Canada announced it would cancel its planned digital-services tax on American tech companies. US President Trump had halted trade talks Friday, calling the tax “a direct and blatant attack” on US tech firms.Fxstreet
Mon, Jun 30
GBP/USD holds steady near 1.3700 as Bostic tempers Fed cut bets, solid UK GDP
GBP/USD is virtually unchanged during the North American session amid hawkish comments by Atlanta’s Fed President Raphael Bostic, even though UK data revealed that the economy grew at its fastest pace in one year. At the moment, the pair trades at 1.3707, virtually unchanged.Fxstreet
Mon, Jun 30
Kraken Identified An Issue In Krak Mobile App Affecting P2P Transfers To New Recipients
June 30 (Reuters) - KRAKEN: IDENTIFIED AN ISSUE IN THE KRAK MOBILE APP AFFECTING P2P TRANSFERS TO NEW RECIPIENTSKRAKEN: WHEN ATTEMPTING TO SEND FIRST-TIME TRANSFER, USERS ARE INCORRECTLY ROUTED TO CREATE PAYLINK INSTEAD OF COMPLETING THE TRANSFERReuters
Mon, Jun 30
US Treasury's Bessent warns countries face higher tariff rates after July 9 deadline
WASHINGTON, June 30 (Reuters) - U.S. Treasury Secretary Scott Bessent said warned on Monday that countries could still face sharply higher tariffs on July 9 even if they are negotiating in good faith, adding that any potential extensions will be up to President Donald Trump.Bessent, who earlier floa...Reuters
Mon, Jun 30
