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USD/CAD advances to nearly two-week high, above mid-1.3700s ahead of US data
The USD/CAD pair prolongs its uptrend for the fourth straight day on Tuesday and climbs to a one-and-a-half-week top, above mid-1.3700s during the early European session. The momentum is sponsored by sustained US Dollar (USD) buying.
Fxstreet
Tue, Jul 29
USD/INR refreshes four-month high as Indian Rupee faces multiple headwinds
The Indian Rupee (INR) posts a fresh four-month high against the US Dollar (USD) at open on Tuesday. The USD/INR pair slides to near 87.08 as the Indian Rupee continues to face headwinds from the outflow of foreign funds by institutional investors and a decent recovery in the Oil price.Fxstreet
Tue, Jul 29
EUR/JPY Price Forecast: Retreats further from yearly top; seems vulnerable below 172.00
The EUR/JPY cross extends the previous day's retracement slide from the vicinity of the 174.00 mark, or a fresh one-year high, and drifts lower for the second consecutive day on Tuesday. Spot prices drop to the 171.80 region during the Asian session and seem vulnerable to slide further.
Fxstreet
Tue, Jul 29
GBP/USD Price Forecast: Falls below 1.3350 due to prevailing bearish bias
The GBP/USD pair extends its losing streak for the fourth successive session, trading around 1.3340 during the Asian hours on Tuesday. The bearish bias prevails as the daily chart’s technical analysis suggests that the pair remains within the descending channel pattern.Fxstreet
Tue, Jul 29
EUR/USD remains below 1.1600 as US-EU trade deal appears to favor US economy
EUR/USD moves little after registering more than 1% losses in the previous session, trading around 1.1590 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on trade optimism, driven by the trade deal between the United States (US) and the European Union (EU).
Fxstreet
Tue, Jul 29
USD/CAD hovers near 1.3750 amid uncertainty over US-Canada tariff deal
USD/CAD halts its three-day winning streak, trading around 1.3740 during the Asian hours on Tuesday. The pair may further appreciate as the Canadian Dollar (CAD) could struggle amid rising tariff uncertainty between the United States (US) and Canada.Fxstreet
Tue, Jul 29
NZD/USD bounces off one-week low; remains below 0.6000 as traders await FOMC decision on Wednesday
The NZD/USD pair rebounds a few pips from a one-week trough touched during the Asian session on Tuesday and climbs to the 0.5975 region in the last hour. Spot prices, for now, seem to have snapped a three-day losing streak, though any meaningful recovery seems elusive.Fxstreet
Tue, Jul 29
AUD/USD holds ground above 0.6500, eyes on US-China trade talks
AUD/USD edges higher after registering losses in the previous three sessions, trading around 0.6520 during the Asian hours on Tuesday. The pair faced challenges as the US Dollar (USD) rose on the trade deal between the United States (US) and the European Union (EU).
Fxstreet
Tue, Jul 29
EUR/USD plunges over 1% as US–EU trade deal boosts US Dollar
The EUR/USD dropped more than 1% on Monday as investors bought the Dollar on news that the United States (US) and the European Union (EU) had reached a trade agreement, similar to the one inked by Japan. The pair trades at 1.1590 after reaching a high of 1.1771.Fxstreet
Mon, Jul 28
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