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USD/CAD Price Forecast: Trades tightly around 1.3650
The USD/CAD pair trades in a very tight range near 1.3650 during the Asian trading session on Wednesday. The Loonie trades consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for June for fresh cues on the Federal Reserve’s (Fed) monetary policy outlook.
Fxstreet
Wed, Jul 2
USD/INR ticks higher at open while US-India trade deal likely finalize before deadline
The Indian Rupee (INR) ticks down against the US Dollar (USD) at open on Wednesday. The USD/INR edges higher to near 85.75 as the US Dollar strives to gain ground after the release of the surprisingly upbeat US JOLTS Job Openings data for May.
Fxstreet
Wed, Jul 2
EUR/USD maintains position near 1.1800 near four-year highs
EUR/USD halts its winning streak that began on June 18, trading around 1.1800 during the Asian hours on Wednesday. The pair inches lower after marking 1.1830, the highest since September 2021, recorded on Tuesday, which could be attributed to the slight gains in the US Dollar (USD).
Fxstreet
Wed, Jul 2
GBP/USD holds steady near 1.3750, US ADP Employment data in focus
The GBP/USD pair trades on a flat note near 1.3745 during the Asian trading hours on Wednesday. However, the dovish remarks from the US Federal Reserve (Fed) Chair Jerome Powell and rising fiscal worries might weigh on the Greenback in the near term.
Fxstreet
Wed, Jul 2
Silver Price Forecast: XAG/USD edges lower to near $36.00 on modest US Dollar strength
The Silver price (XAG/USD) edges lower to around $36.10 during the Asian trading hours on Wednesday, pressured by a modest rebound in the US Dollar (USD). Traders will take more cues from the release of the US ADP Employment Change report for June, which is due later on Wednesday.
Fxstreet
Wed, Jul 2
Australian Dollar loses ground following disappointing Retail Sales data
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Wednesday following the release of weaker-than-expected domestic economic data. However, the AUD/USD pair gained ground as the US Dollar (USD) remains subdued amid rising odds of the Federal Reserve (Fed) cutting interest rates.
Fxstreet
Wed, Jul 2
GBP/USD teases new highs as Greenback pummeling continues
GBP/USD poked into its highest bids in 45 months on Tuesday, knocking a few inches closer to four-year highs as the US Dollar’s broad-market pummeling continues unabated. Lopsided trade policies, further aggravated by public musings about steep tariffs by President Donald Trump are keeping GreenbackFxstreet
Wed, Jul 2
USD/CAD holds positive ground near 1.3650 on better-than-expected US jobs data
The USD/CAD pair trades with mild gains near 1.3645 during the early Asian session on Wednesday. The US Dollar (USD) pares losses against the Canadian Dollar (CAD) after data showed a better-than-expected increase in labor market demand.Fxstreet
Tue, Jul 1
NZD/JPY Price Forecast: Holds above 87.35 on risk-off mood, stays bullish
The NZD/JPY consolidates during the week, although it posted losses of over 0.44% on Tuesday, on solid Japanese economic data. Additionally, the risk-off mood, which has boosted safe-haven peers like the Yen, exerted downward pressure on the cross-pair, which trades at 87.41, virtually unchanged.
Fxstreet
Tue, Jul 1
Forex Today: Focus remains on the ECB Forum and US jobs
The Greenback dipped to new multi-year troughs before attempting a mild rebound on Tuesday, as investors continued to assess the participation of Chief Powell at the ECB Forum, while fresh tensions emerged on the trade front in anticipation of the July 9 tariffs deadline.Fxstreet
Tue, Jul 1
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