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USD/CAD holds steady above 1.3750 ahead of BoC, Fed rate decisions
The USD/CAD pair trades on a flat note near 1.3770 during the early Asian session on Wednesday. Markets might turn cautious later in the day as traders brace for the imminent interest rate decision by the Bank of Canada (BoC) and the US Federal Reserve (Fed).
Fxstreet
Tue, Jul 29
Forex Today: The Fed is largely expected to stand pat
The US Dollar (USD) extended further its march north on Tuesday, reaching new multi-week highs on the back of rising scepticism surrounding the trade scenario, while investors geared up for the imminent interest rate decision by the Federal Reserve and, later in the week, the publication of the cruc
Fxstreet
Tue, Jul 29
Canadian Dollar continues to slide ahead of Fed rate call
The Canadian Dollar (CAD) extended into a fourth straight day of losses against the US Dollar (USD) on Tuesday, continuing a Greenback-positive theme in the run-up to the latest interest rate call from the Federal Reserve (Fed).Fxstreet
Tue, Jul 29
GBP/USD slips to 10-week low as JOLTS miss offsets Fed caution
GBP/USD registers modest losses of over 0.10% on Tuesday after jobs data in the United States (US) showed signs of cooling, according to the Job Openings and Labor Turnover Survey (JOLTS). The Federal Reserve (Fed) has begun its two-day monetary policy meeting, which will end on July 30.
Fxstreet
Tue, Jul 29
Euro extends losses as US-EU trade pact fuels US Dollar demand, Fed decision in focus
The Euro (EUR) edges lower for the second straight day against the US Dollar (USD) on Tuesday, as the Greenback extended its rally following the US-EU trade agreement, which has faced heavy criticism across Europe for being one-sided and heavily skewed in favor of the United States (US).Fxstreet
Tue, Jul 29
JPY quiet at range low ahead of BoJ later in week – Scotiabank
The Japanese Yen (JPY) is entering Tuesday’s NA session unchanged against the US Dollar (USD) as it consolidates its recent decline to the lower end of its multi-month range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Tue, Jul 29
CAD retains a soft undertone – Scotiabank
The Canadian Dollar (CAD) is little changed on the session but retains a soft undertone after spending most of the week so far on the back foot against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
Tue, Jul 29
USD/JPY: 149.20 is unlikely to come under threat – UOB Group
US Dollar (USD) could advance further against Japanese Yen (JPY); the major resistance at 149.20 is unlikely to come under threat. In the longer run, price action indicates that USD could rise toward 149.20, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jul 29
NZD/USD might not be able to reach 0.5940 – UOB Group
New Zealand Dollar (NZD) could decline further against US Dollar (USD), but it might not be able to reach 0.5940. In the longer run, upward momentum has faded; tentative increase in downward momentum may lead to NZD declining to 0.5940, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jul 29
USD/JPY pulls back from 148.75 highs with Fed and BoJ in the spotlight
The US Dollar is struggling to extend gains after a three-day rally against the Japanese Yen. The pair has been capped at 140.75 on Tuesday, a few pips short of the multi-month highs, at 149.15, as investors turn their view to the BoJ and the Fed monetary policy decisions, due on Wednesday.Fxstreet
Tue, Jul 29
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