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EUR/USD trades lower around 1.1800, upside appears amid rising odds of Fed rate cuts
EUR/USD remains subdued for the second successive session, trading around 1.1800 during the Asian hours on Thursday.
EUR/USD
Fxstreet
Thu, Jul 3
EUR/JPY steadies around 169.50, with upside potential due to BoJ’s caution on rate hikes
EUR/JPY remains steady following recent gains registered in the previous session, trading around 169.50 during the Asian hours on Thursday.
EUR/JPY
Fxstreet
Thu, Jul 3
Japanese Yen remains on the front foot against a bearish USD, ahead of US NFP report
The Japanese Yen (JPY) trades with a mild positive bias against a bearish US Dollar (USD) during the Asian session on Thursday and remains close to a nearly one-month peak touched earlier this week.
USD/JPY
Fxstreet
Thu, Jul 3
Australian Dollar remains subdued following Trade Balance, China’s Services PMI data
The Australian Dollar (AUD) holds losses against the US Dollar (USD) on Thursday following the release of key economic data.
AUD/USD
Fxstreet
Thu, Jul 3
PBOC sets USD/CNY reference rate at 7.1523 vs. 7.1546 previous
On Thursday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1523 as compared to the previous day's fix of 7.1546 and 7.1618 Reuters estimate.
USD/CNH
Fxstreet
Thu, Jul 3
GBP/USD struggles to regain balance ahead of key labor data
GBP/USD tumbled on Wednesday, falling back below the 1.3600 handle in a sharp plunge fueled by a sharp increase in UK bond yields.
GBP/USD
Fxstreet
Wed, Jul 2
USD/CAD extends downside below 1.3600 on downbeat US ADP employment data
The USD/CAD pair trades in negative territory near 1.3585 during the early Asian session on Thursday. The US Dollar (USD) remains under selling pressure amid mounting US debt concerns, tariff policies uncertainty and rising interest rate cut bets.
USD/CAD
Fxstreet
Wed, Jul 2
AUD/USD steadies ahead of trade data from Australia and US NFPs
The Australian Dollar is trading flat against the US Dollar on Wednesday as both economies wait for the release of critical economic data on Thursday.
AUD/USD
Fxstreet
Wed, Jul 2
EUR/USD holds near 1.1800 as soft US jobs data fuels Fed cut bets
The Euro (EUR) posts minimal losses of 0.08% against the US Dollar (USD), trading below the 1.1800 figure on Wednesday. A worse-than-expected US jobs report increased speculation that the Federal Reserve (Fed) might cut interest rates amid growing recession fears in the world's largest economy.
EUR/USD
Fxstreet
Wed, Jul 2
NZD/USD retreats from YTD highs ahead of US Nonfarm Payrolls report
The New Zealand Dollar (NZD) is trading lower against the US Dollar (USD) on Wednesday as markets look ahead to Thursday’s US Nonfarm Payrolls (NFP) report.
NZD/USD
Fxstreet
Wed, Jul 2
Canadian Dollar continues upward grind as Greenback falters further
The Canadian Dollar (CAD) rose on Wednesday, gaining another one-third of one percent as choppy downside Greenback momentum gives up further ground. Loonie gains are being cooked up entirely by USD selling pressure, putting CAD bulls in a tricky place and making swing plays a bumpy ride.
USD/CAD
Fxstreet
Wed, Jul 2
USD/CHF steadies near 13-year low ahead of Swiss CPI, US NFP
The Swiss Franc (CHF) is trading flat against the US Dollar (USD) on Wednesday as the greenback finds some footing following an extended decline. The USD/CHF pair is hovering around 0.7913 after reaching an intraday high of 0.7941, holding near its lowest level since July 2011.
USD/CHF
Fxstreet
Wed, Jul 2
Forex Today: US Nonfarm Payrolls will steal the show
The Greenback showed signs of life and charted a meaningful rebound on Wednesday, leaving behind the area of multi-year lows vs. its peers, despite remaining under pressure ahead of the release of crucial US labour market data on Thursday and amid steady concerns on the trade front.
EUR/USD
US Dollar Index
Fxstreet
Wed, Jul 2
USD/JPY gains modestly as US Dollar stabilizes despite soft ADP report
The Japanese Yen (JPY) loses ground against the US Dollar (USD) on Wednesday, as the Greenback recovers slightly after hitting its lowest level since February 2022 the previous day.
USD/JPY
Fxstreet
Wed, Jul 2
GBP/USD plunges as UK political turmoil rattles markets, Reeves’ future in doubt
The Pound Sterling plummets sharply, more than 1.20% or 170 pips, on Wednesday against the Greenback, amid growing speculation that the Chancellor of Exchequer, Rachel Reeves, could be replaced by the Prime Minister, Sir Keir Starmer.
GBP/USD
Fxstreet
Wed, Jul 2
EUR/GBP rallies amid uncertainty over the future of UK Minister Reeves
The Euro (EUR) is surging against the British Pound (GBP) on Wednesday as investors responded to mounting concerns about the UK’s fiscal trajectory and political stability.
EUR/GBP
Fxstreet
Wed, Jul 2
EUR/JPY trades in tight range as psychological resistance firms at 170.00
The Japanese Yen (JPY) is steadying against the Euro (EUR) on Wednesday as markets continue to monitor trade developments with the United States.
EUR/JPY
Fxstreet
Wed, Jul 2
GBP/USD slumps over 1% as UK political turmoil triggers market sell-off
The British Pound (GBP) weakens against the US Dollar (USD) on Wednesday, with GBP/USD sliding over 1% on the day from its highest level since October 2021. The pair is trading near 1.3593 during the American session, as political and fiscal jitters weigh on Sterling sentiment.
GBP/USD
Fxstreet
Wed, Jul 2
GBP/JPY drops to two-week low below 196.00 on UK political jitters
Pound Sterling stays under heavy selling pressure on Wednesday as markets assess the latest political developments in the UK. At the time of press, GBP/JPY was trading at its lowest level in two weeks near 195.50, losing 0.8% on a daily basis.
GBP/JPY
Fxstreet
Wed, Jul 2
Brazil Industrial Output (MoM) in line with expectations (-0.5%) in May
Brazil Industrial Output (MoM) in line with expectations (-0.5%) in May
Fxstreet
Wed, Jul 2
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