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USD/JPY gathers strength to near 147.50 amid tariff uncertainty
The USD/JPY pair attracts some buyers near 147.55 during the Asian trading hours on Tuesday. The Japanese Yen (JPY) weakens against the US dollar (USD) due to political uncertainty and rising concerns over the direction of future fiscal policy in Japan.
Fxstreet
Tue, Jul 22
USD/CAD extends downside below 1.3700 ahead of Fed’s Powell speech
The USD/CAD pair extends the decline to 1.3680 during the early Asian session on Tuesday. The renewed concerns over the US Federal Reserve (Fed) independence weigh on the US Dollar (USD) against the Canadian Dollar (CAD). Fed Chair Jerome Powell is set to speak later on Tuesday.
Fxstreet
Mon, Jul 21
AUD/JPY Price Forecast: Tumbles but bulls moved in around 96.00
The AUD/JPY consolidates below the 97.00 level on Tuesday, following the release of the first election results in Japan. Although the risk appetite was upbeat, the Aussie Dollar failed to gain traction and is down at the beginning of the week.
Fxstreet
Mon, Jul 21
Silver Price Forecast: XAG/USD soars 2% toward $39 on Dollar weakness
Silver prices advance sharply over 2% on Monday as the North American session comes to an end, ahead of the open of the Sydney–Tokyo sessions. At the time of writing, the XAG/USD trades at $38.95 after bouncing off daily lows of $38.10 earlier in the day.
Fxstreet
Mon, Jul 21
AUD/USD edges higher as EU-US trade tensions, Fed independence and RBA Minutes come into focus
The Australian Dollar (AUD) is extending its gains against the US Dollar (USD) on Monday as EU-US trade tensions escalate and concerns over the independence of the Federal Reserve (Fed) rise.
Fxstreet
Mon, Jul 21
EUR/GBP hovers near 0.8670 as ECB, BoE events loom and UK fiscal risks rise
The shared currency remains steady against the British Pound on Monday, ahead of a busy week as traders await the monetary policy decision by the European Central Bank (ECB) and a speech by Bank of England (BoE) Governor Andrew Bailey.
Fxstreet
Mon, Jul 21
Yen Surges After Election Defeat; Analysts Remain Bearish on Yen and Japanese Stocks
TradingKey - Following a significant defeat in the upper house elections where Japan's ruling coalition lost its majority, the yen surged amidst looming US-Japan tariff negotiations. Analysts believe the political uncertainty will lead to increased volatility in Japanese stocks and the yen.TradingKey
Mon, Jul 21
JPY is outperforming post-election – Scotiabank
The Japanese Yen (JPY) is strong, up 0.6% against the US Dollar (USD) and outperforming all of the G10 currencies as market participants respond to this weekend’s upper house election result, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Mon, Jul 21
USD/JPY: To trade in a range of 146.90/149.20 – UOB Group
US Dollar (USD) is likely to trade in a range between 147.80 and 148.85 against Japanese Yen (JPY). In the longer run, USD strength has paused for now; it is expected to trade in a range of 146.90/149.20, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jul 21
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