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USD/INR falls while investors await US-India trade deal confirmation
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR ticks down to near 85.95 but is broadly sideways, while investors await the confirmation of a trade deal between the United States and India.Fxstreet
Thu, Jul 17
EUR/USD falls toward 1.1600 ahead of Eurozone HICP data
EUR/USD retraces its recent gains from the previous session, trading around 1.1620 during the Asian hours on Thursday. Traders will likely observe Eurozone Harmonized Index of Consumer Prices (HICP) data scheduled to be released later in the day.
Fxstreet
Thu, Jul 17
Japanese Yen resumes downtrend; USD/JPY climbs to mid-148.00s amid fresh USD buying
The Japanese Yen (JPY) attracts fresh sellers after data released during the Asian session on Thursday showed that Japan clocked a smaller-than-expected trade surplus in June amid a continued decline in exports.
Fxstreet
Thu, Jul 17
NZD/USD softens to below 0.5950 amid cautious trades
The NZD/USD pair attracts some sellers to around 0.5925 during the Asian trading hours on Thursday. The cautious trades and the prospect of the US Federal Reserve (Fed) maintaining its current interest rates underpin the US Dollar (USD) against the New Zealand Dollar (NZD).
Fxstreet
Thu, Jul 17
EUR/USD rebounds as Trump threatens Fed’s independence, soft PPI weighs on USD
The EUR/USD holds to earlier gains of 0.25% on Wednesday after US President Donald Trump threatened to remove the Federal Reserve (Fed) Chair Jerome Powell. This, along with a softer-than-expected inflation report on the producer side, capped the Euro’s advance versus the US Dollar.Fxstreet
Wed, Jul 16
Australia unemployment rate expected to hold steady in June
Australia is set to release the June employment report on Thursday at 1:30 GMT. The Australian Bureau of Statistics (ABS) is expected to announce that the country added 20,000 new job positions in the month, reversing the 2,500 lost positions announced in May.Fxstreet
Wed, Jul 16
AUD/JPY eases from six-month high as Yen strengthens across the board
The Australian Dollar (AUD) is retreating against the Japanese Yen (JPY) on Wednesday as the Yen strengthens broadly against major currencies. After rising steadily since last week, the AUD/JPY pair is now down over 1% from Tuesday’s six-month high of 97.43, a level last seen on January 28.
Fxstreet
Wed, Jul 16
USD/JPY retreats as Trump-Powell tensions cap gains
The Japanese Yen (JPY) is attempting to recover a portion of recent losses against the US Dollar (USD) on Wednesday expectations that US President Donald Trump would fire Federal Reserve (Fed) Chair Jerome Powell heated up and then died down.Fxstreet
Wed, Jul 16
EUR/USD gains ground after Trump hints at firing Fed Chair Powell
The Euro jumps against the US Dollar on Wednesday, with EUR/USD surging to 1.1721 after reports emerged that US President Donald Trump asked a group of House Republicans whether he should fire Federal Reserve (Fed) Chair Jerome Powell.Fxstreet
Wed, Jul 16
GBP/USD rallies on US PPI dip and Trump’s potential Powell removal
The GBP/USD reverses its course and rallies as the latest US Producer Price Index (PPI) reignites hopes of a rate cut by the Fed, while headlines suggest that Trump could fire Fed Chair Powell. At the same time, inflation on the consumer side in the UK surprised investors, exceeding forecasts.Fxstreet
Wed, Jul 16
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