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EUR/GBP hits intra-day highs at 0.8680 after BoE Bailey’s testimony
The Euro extends gains for the third consecutive day against a weaker British Pound, and nears intra-day highs at 0.8780 following BoE Bailey’s testimony on the Financial Stability report.
EUR/GBP
Fxstreet
Tue, Jul 22
USD/CAD stuck in range – BBH
USD/CAD remains rangebound between 1.3550 and 1.3800 as the Bank of Canada’s latest survey offers little urgency for immediate easing. While future sales expectations dipped, stable hiring plans and anchored inflation keep markets cautious about near-term rate cuts, BBH FX analysts report.
USD/CAD
Fxstreet
Tue, Jul 22
USD/JPY: Likely to trade in a range between 146.90 and 148.20 – UOB Group
US Dollar (USD) is likely to trade in a range between 146.90 and 148.20 against Japanese Yen (JPY). In the longer run, USD is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Tue, Jul 22
AUD/USD holds near 0.6500 – BBH
AUD/USD is directionless just above psychological support at 0.6500. The RBA Minutes of the July 8 policy meeting confirmed more easing is in the pipeline.
AUD/USD
Fxstreet
Tue, Jul 22
AUD/USD falls to near 0.6500 on dovish RBA minutes
The AUD/USD pair faces selling pressure and drops to near 0.6515 on Tuesday.
AUD/USD
Fxstreet
Tue, Jul 22
NZD/USD: Likely to trade in a range of 0.5940/0.5980 – UOB Group
New Zealand Dollar (NZD) is likely to trade in a range of 0.5940/0.5980 against US Dollar (USD). In the longer run, weakness from early this month has come to an end; NZD is likely to consolidate between 0.5905 and 0.6000, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Tue, Jul 22
EUR/USD holds near 1.1700 – BBH
EUR/USD is holding firm near the 1.1700 level as the ECB’s latest bank lending survey suggests easing may be nearing its end. Stable credit standards and a slight uptick in loan demand have reduced expectations for near-term rate cuts, BBH FX analysts report.
EUR/USD
Fxstreet
Tue, Jul 22
AUD/USD: Likely to trade in a higher range of 0.6505/0.6545 – UOB Group
The underlying tone in Australian Dollar (AUD) has firmed against US Dollar (USD), but this is likely to lead to a higher range of 0.6505/0.6545 instead of a sustained rise.
AUD/USD
Fxstreet
Tue, Jul 22
GBP/USD: Any advance could be limited to a test of 1.3535 – UOB Group
Pound Sterling (GBP) could strengthen further against US Dollar (USD); overbought conditions suggest that any advance could be limited to a test of 1.3535.
GBP/USD
Fxstreet
Tue, Jul 22
USD/JPY longs under pressure – ING
The recent rebound in the yen may prove short-lived, with political uncertainty in Japan and fiscal expansion pressures continuing to weigh on sentiment. Meanwhile, the unwinding of USD/JPY longs could be amplifying broader dollar weakness, ING's FX analyst Francesco Pesole notes.
USD/JPY
Fxstreet
Tue, Jul 22
USD/JPY: Breather for the time being – OCBC
Bullish momentum on daily chart shows signs of it fading
USD/JPY
Fxstreet
Tue, Jul 22
GBP/USD rebounds after testing June low – Société Générale
GBP/USD is attempting a rebound after finding support near its June low at 1.3360, but technical signals point to waning bullish momentum. The upside may remain limited unless the pair overcomes key resistance around 1.3630, Société Générale's FX analysts note.
GBP/USD
Fxstreet
Tue, Jul 22
EUR/USD: Range-bound on the day – OCBC
Euro (EUR) jumped above 1.17-handle overnight but there was no particular headline or data that drove the move. Pair was last seen at 1.1690, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR/USD
Fxstreet
Tue, Jul 22
EUR: Finding fresh support – ING
CFTC data shows net long positioning on EUR/USD at 15.6% of open interest since 15 July. That is the highest since January 2024, but still a relatively contained figure considering the pair is trading almost 10% above early-2024 levels.
EUR/USD
Fxstreet
Tue, Jul 22
USD/JPY extends its recovery, nearing 148.00 with trade talks on focus
The US Dollar is trading higher against the Japanese Yen on Tuesday as the market digests the results of last week’s elections in Japan and shifts the focus back to the uncertain trade relationship between both countries.The Yen reacted positively to the election results, as the defeat of the ruling
USD/JPY
Fxstreet
Tue, Jul 22
NZD/USD Price Forecast: Slumps below 0.5950 as antipodeans underperform
The NZD/USD pair trades almost 0.4% lower to near 0.5940 during the European trading session on Tuesday.
NZD/USD
Fxstreet
Tue, Jul 22
Pound Sterling trades calmly against US Dollar as investors await updates on US tariffs
The Pound Sterling (GBP) trades broadly sideways against the US Dollar (USD) around 1.3470 during the European trading session on Tuesday. The GBP/USD pair ticks down slightly as the US Dollar gains ground after Monday’s corrective move.
GBP/USD
Fxstreet
Tue, Jul 22
EUR/USD holds gains amid US-EU trade uncertainty
The EUR/USD pair is trading with minor losses on Tuesday, consolidating most of the gains taken during the previous two trading days.
EUR/USD
Fxstreet
Tue, Jul 22
Forex Today: US Dollar struggles to recover as Trump-Powell feud escalates
Here is what you need to know on Tuesday, July 22:
Fxstreet
Tue, Jul 22
USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.3700
USD/CAD gains ground after two days of losses, trading around 1.3690 during the early European hours on Monday. However, the bearish bias persists as the daily chart’s technical analysis indicates that the pair moves sideways within the descending channel pattern.
USD/CAD
Fxstreet
Tue, Jul 22
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