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EUR/USD attracts some sellers below 1.1700 as traders await US-EU tariff deal
The EUR/USD pair extends the decline to around 1.1680 during the Asian trading hours on Friday. The Euro (EUR) faces some selling pressure against the Greenback after US President Donald Trump announced a new tariffs policy, adding to the uncertainty around his evolving trade policy.
Fxstreet
Fri, Jul 11
AUD/JPY Price Forecast: Reaches fresh five-month highs near 97.00
AUD/JPY extends its gains for the second successive session, trading around 96.70 during the Asian hours on Friday. As per the technical analysis of the daily chart, the currency cross remains within the ascending channel pattern, indicating a prevailing bullish bias.
Fxstreet
Fri, Jul 11
Japanese Yen dives back closer to weekly trough against a broadly firmer USD
The Japanese Yen (JPY) drifts lower against a broadly stronger US Dollar (USD) during the Asian session on Friday and remains on track to register weekly losses amid reduced bets for an immediate rate hike by the Bank of Japan (BoJ).
Fxstreet
Fri, Jul 11
Australian Dollar prepares to extend its winning streak despite a stronger US Dollar
The Australian Dollar (AUD) is poised to continue its winning streak for the fourth successive session against the US Dollar (USD) on Friday, after recovering its daily losses. However, the AUD/USD pair faced challenges following the introduction of new tariff actions by US President Donald Trump.
Fxstreet
Fri, Jul 11
NZD/USD loses momentum to near 0.6000 amid concerns about tariff wars
The NZD/USD pair loses ground to near 0.6015, snapping the three-day winning streak during the early Asian session on Friday. The New Zealand Dollar (NZD) weakens against the Greenback amid ongoing trade jitters. Traders will closely monitor the US trade headlines for fresh impetus.
Fxstreet
Fri, Jul 11
USD/CAD weakens to near 1.3650 ahead of Canadian employment data
The USD/CAD pair declines to around 1.3655 during the early Asian session on Friday. The US Dollar (USD) softens against the Canadian Dollar (CAD) amid the prospects for more interest rate cuts by the US Federal Reserve (Fed) this year.Fxstreet
Thu, Jul 10
EUR/USD drops on strong US jobs data; Fed’s Daly leans dovish
EUR/USD slides during the North American session, down over 0.23%, as market participants digest a jobs report in the United States that reinforces the Federal Reserve's case for holding rates unchanged at the upcoming July meeting.Fxstreet
Thu, Jul 10
AUD/USD bullish breakout potential builds above 0.6600
The Australian Dollar (AUD) is regaining confidence against the US Dollar (USD) on Thursday, with AUD/USD trading near 0.6580 at the time of writing. The latest move has been supported by a rebound in risk appetite and cautious sentiment surrounding the US Dollar.Fxstreet
Thu, Jul 10
USD/CHF rebounds amid resilient US labor data and cautious Fed outlook
The Swiss Franc (CHF) weakens against the US Dollar (USD) on Thursday, as the Greenback gains ground following stronger-than-expected US weekly jobless claims data, highlighting ongoing strength in the labor market.
Fxstreet
Thu, Jul 10
GBP/USD falls as solid US jobless claims data cools July Fed cut hopes
The Pound Sterling traded with losses of 0.27% on Thursday after a jobs report in the United States (US) revealed that the labor market is solid, reducing the chance of a rate cut by the Federal Reserve at the July meeting.Fxstreet
Thu, Jul 10
Is the Weak Dollar Trend Reversing? De-Dollarization Continues — IMF Data Shows Decline in Dollar Reserves
TradingKey - Similar to the U.S. Dollar Index (DXY) posting its worst first-half performance in over half a century, data from the IMF’s latest COFER survey shows that the share of U.S. dollars in global official reserves has declined, while the euro and Swiss franc have gained ground.
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