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NZD/USD: Likely between 0.5860 and 0.5960 – UOB Group
New Zealand Dollar (NZD) could edge higher against US Dollar (USD) but is unlikely to be able to break above 0.5930. In the longer run, NZD is expected to range trade, most likely between 0.5860 and 0.5960, UOB Group’s FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Aug 6
Brazil's Haddad to speak to Bessent after steep US tariffs
SAO PAULO, Aug 6 (Reuters) - Brazil's Finance Minister Fernando Haddad said on Wednesday he will hold a call next week with U.S. Treasury Secretary Scott Bessent, as the country seeks to negotiate trade after President Donald Trump imposed a 50% tariff on several goods from Brazil."It will b...Reuters
Wed, Aug 6
FOREX-Dollar holds firm, investors await Trump's Fed governor decisions
By Rae Wee and Amanda Cooper SINGAPORE/LONDON, Aug 6 (Reuters) - The dollar stuck to its recent trading range on Wednesday, with investors choosing to stay on the sidelines after another round of weak U.S. data and as President Donald Trump prepared to fill a coming vacancy on the Federal Reserve...Reuters
Wed, Aug 6
FOREX-Dollar holds firm, investors await Trump's Fed governor decisions
By Rae Wee and Amanda Cooper SINGAPORE/LONDON, Aug 6 (Reuters) - The dollar stuck to its recent trading range on Wednesday, with investors choosing to stay on the sidelines after another round of weak U.S. data and as President Donald Trump prepared to fill a coming vacancy on the Federal Reserve...Reuters
Wed, Aug 6
Sterling holds steady ahead of BoE rate decision
LONDON, Aug 6 (Reuters) - The pound traded mostly steady on Wednesday, as traders marked time ahead of a Bank of England meeting, and watched out for developments in the United States, where President Donald Trump is angling to reshape the board of the Federal Reserve.Britain's central bank is e...Reuters
Wed, Aug 6
Data centre REIT Iron Mountain posts record Q2 revenue, raises FY forecast
OverviewIron Mountain Q2 rev grows 11.6% yr/yr to record $1.7 blnAdjusted EBITDA beats analyst expectations, driven by growth in key segmentsCo reports net loss of $43 mln due to Fx impact on intercompany balancesOutlookIron Mountain raises full-year revenue guidance to $6.79 bln-$6.94 blnCompany pr...Reuters
Wed, Aug 6
Drugmaker Perrigo misses Q2 sales estimates, cautions on FY forecast
OverviewPerrigo Q2 sales down 0.9% to $1.06 bln, missing analyst expectationsAdjusted EPS of $0.57 missed estimates, despite a 7.5% year-over-year increaseCompany reaffirms full-year 2025 adjusted EPS target, but cautions on salesOutlookPerrigo reaffirms full-year 2025 adj EPS target range of $2.90-...Reuters
Wed, Aug 6
AUD/USD gains sharply to near 0.6500 as Trump hints optimism on US-China trade deal
The AUD/USD pair jumps to near 0.6500 during the European trading session. The Aussie pair strengthens as antipodeans outperform its peers amid optimism that the United States (US) and China will reach a tariff deal soon.
Fxstreet
Wed, Aug 6
GBP/USD: Expected to continue to trade in a range – UOB Group
Pound Sterling (GBP) is expected to continue to trade in a range against US Dollar (USD), albeit a higher one of 1.3270/1.3320. In the longer run, the likelihood of GBP breaking clearly below 1.3140 has diminished considerably, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Aug 6
RPT-COLUMN-Bank of England's long unwinding road: Mike Dolan
By Mike DolanLONDON, Aug 6 (Reuters) - An expected cut that will take the Bank of England's key interest rate to 4% this week will be merciful relief for an economy badly in need of a lift. But overwhelming caution and a split among policymakers mean the easing cycle is set to be one of the shal...Reuters
Wed, Aug 6
EMERGING MARKETS-FX, stocks steady as markets await cues on new Fed governor, tariffs
US envoy Witkoff in Moscow ahead of sanctions deadlineTrump narrows Fed governor search to four namesNawrocki to be sworn in as Polish presidentMSCI EM FX flat, stocks down 0.3%By Purvi Agarwal Aug 6 (Reuters) - Most emerging market currencies were subdued and stock indexes were mixed on Wednesda...Reuters
Wed, Aug 6
AUD/JPY Price Forecast: Tests nine-day EMA barrier, near 96.00 psychological level
AUD/JPY continues to gain ground for the second successive day, trading around 95.90 during the European hours on Wednesday. The technical analysis of the daily chart shows that the currency cross remains within the descending channel pattern, suggesting a prevailing bearish bias.
Fxstreet
Wed, Aug 6
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