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USD/CHF hits fresh long-term lows near 0.7900 as market sentiment sours
The Swiss Franc is one of the strongest G8 performers, amid higher demand for safe havens as risk aversion increased during Tuesday’s European market session. The USD/CHF, as a result, has extended its decline to fresh 14-year lows at the 0.7900 area.
Fxstreet
Tue, Jul 1
EUR/USD steadies near highs as trade uncertainty, US debt woes weigh on the Dollar
The EUR/USD pair is trading practically flat around 1.1790 at the moment of writing on Tuesday, edging slightly down after a nine-day rally that reached levels above 1.1800 for the first time in almost four years.
Fxstreet
Tue, Jul 1
EUR/GBP holds below 0.8600 ahead of Eurozone inflation data, BoE’s Bailey speech
The EUR/GBP cross attracts some sellers to around 0.8575 during the early European session on Tuesday. The Euro (EUR) edges lower against the Pound Sterling (GBP) due to the softer-than-expected German inflation data.
Fxstreet
Tue, Jul 1
GBP/USD holds steady around 1.3740, remains close to multi-year top amid a bearish USD
The GBP/USD pair edges higher during the Asian session on Tuesday and currently trades around the 1.3740 area, just below its highest level since October 2021 touched last week amid a bearish US Dollar (USD).
Fxstreet
Tue, Jul 1
EUR/USD extends the rally to near 1.1800 ahead of Eurozone inflation, US ISM PMI data
The EUR/USD pair trades in negative territory near 1.1790 during the early European session on Tuesday. The US Dollar (USD) weakens against the Euro (EUR) amid rising fiscal worries and uncertainty around trade deals.Fxstreet
Tue, Jul 1
EUR/JPY Price Forecast: Trades around 169.50 after retreating from twelve-month highs
EUR/JPY depreciates after two days of gains, trading around 169.40 during the Asian hours on Tuesday. The technical analysis of the daily chart shows that the currency cross moves upwards within the ascending channel pattern, strengthening the bullish bias.
Fxstreet
Tue, Jul 1
NZD/USD trades below 0.6100 following China's Caixin Manufacturing PMI
NZD/USD edges lower after registering more than 0.50% losses in the previous session, trading around 0.6090 during the Asian hours on Tuesday. The pair remains subdued following the release of the economic data from New Zealand and its close trading partner, China.
Fxstreet
Tue, Jul 1
AUD/JPY attracts some sellers to near 94.50 as Japan's business mood improves
The AUD/JPY cross attracts some sellers to around 94.50 during the early Asian session on Tuesday. The Japanese Yen (JPY) edges higher against the Aussie after the upbeat Japanese Tankan survey. Traders brace for Australia’s Retail Sales data for May, which will be released later on Wednesday.
Fxstreet
Tue, Jul 1
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