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USD/CAD attracts some buyers to near 1.3650 as crude oil prices fall
The USD/CAD pair extends the rally to near 1.3650 during the early European trading hours on Monday, bolstered by a decline in Oil prices. Meanwhile, traders will closely monitor any trade-related headlines in the countdown to US President Donald Trump's tariff deadline.
Fxstreet
Mon, Jul 7
Pound Sterling weakens against US Dollar as trade jitters resurface ahead of tariff deadline
The Pound Sterling (GBP) drops to near 1.3600 against the US Dollar (USD) during European trading hours on Monday. The GBP/USD pair declines as the US Dollar trades calmly, with investors awaiting trade-related headlines in the countdown to the United States (US) tariff deadline on July 9.
Fxstreet
Mon, Jul 7
AUD/JPY holds below 94.50 as traders await RBA rate decision
The AUD/JPY cross loses ground to near 94.40 during the early European session on Monday. The Australian Dollar (AUD) weakens against the Japanese Yen as the Reserve Bank of Australia (RBA) is widely expected to cut its Official Cash Rate (OCR) by another quarter point on Tuesday.
Fxstreet
Mon, Jul 7
Japanese Yen weakens as dismal wage growth data tempers early BoJ rate hike bets
The Japanese Yen (JPY) edges lower against its American counterpart at the start of a new week following the release of weaker domestic data. Real wages in Japan fell for the fifth straight month in May, at the fastest pace in nearly two years amid persistent inflationary pressures.
Fxstreet
Mon, Jul 7
GBP/USD Price Forecast: Falls toward 1.3600 after breaking below nine-day EMA
The GBP/USD pair extends its losses for the second successive session, trading around 1.3620 during the Asian hours on Monday. The bullish bias persists as the daily chart’s technical analysis indicates that the pair remains within the ascending channel pattern.Fxstreet
Mon, Jul 7
EUR/JPY Price Forecast: Retains bullish bias near 170.50, overbought RSI warrants caution for bulls
The EUR/JPY cross gains traction to near 170.45 during the Asian trading hours on Monday. The Japanese Yen (JPY) softens against the Euro (EUR) as data released on Monday revealed that real wages in Japan fell for five consecutive months in May, the fastest pace in nearly two years.
Fxstreet
Mon, Jul 7
USD/CAD sticks to modest gains above 1.3900 amid sliding Oil prices, USD uptick
The USD/CAD pair trades with a positive bias for the second straight day on Monday and climbs to the 1.3920-1.3925 area during the Asian session. The uptick is sponsored by a combination of factors, though the lack of follow-through buying warrants caution for aggressive bullish traders.Fxstreet
Mon, Jul 7
NZD/USD extends downside below 0.6050 as traders await details of tariff deals
The NZD/USD pair extends the decline to around 0.6035 during the Asian trading hours on Monday. The New Zealand Dollar (NZD) weakens against the Greenback amid tariff uncertainty triggered by US President Donald Trump.Fxstreet
Mon, Jul 7
EUR/USD remains below 1.1800 due to renewed trade concerns, Eurozone Retail sales eyed
EUR/USD edges lower after registering gains in the previous session, trading around 1.1780 during the Asian hours on Monday. The pair struggles due to renewed tariff concerns, driven by the comments from US Treasury Secretary Scott Bessent.Fxstreet
Mon, Jul 7
AUD/USD weakens to near 0.6550 on renewed tariff concerns
The AUD/USD pair trades in negative territory for the third consecutive day near 0.6550 during the early Asian session on Monday. The renewed concern about a global trade war weighs on the Australian Dollar (AUD) against the Greenback.
Fxstreet
Sun, Jul 6
EUR/USD holds near highs despite tariff jitters, eyes on EU data next week
EUR/USD posted minimal gains of 0.18% on Friday amid thin liquidity conditions, as markets in the United States are closed due to the Independence Day holiday. The shared currency is poised to close the week with gains of 0.53% despite the release of solid US economic data this week.Fxstreet
Fri, Jul 4
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