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DHL Q2 profit beats expectations, reaffirms 2025 outlook
By Anastasiia Kozlova and Matthias Inverardi Aug 5 (Reuters) - German logistics giant DHL DHLn.DE on Tuesday reported a better-than-expected rise in second-quarter operating profit and reaffirmed its 2025 profit guidance despite persisting macroeconomic headwinds. The second quarter was highly...Reuters
Tue, Aug 5
EUR/JPY Price Forecast: Treads water above 170.00, near five-week lows
EUR/JPY attempts to halt its two-day losing streak, trading around 170.20 during the European hours on Tuesday. The bearish bias is strengthening as the technical analysis of the daily chart shows that the currency cross remains within the descending channel pattern.
Fxstreet
Tue, Aug 5
Russian finance ministry to cut forex sales to 0.3 bln roubles a day from August 7
MOSCOW, Aug 5 (Reuters) - The Russian Finance Ministry said on Tuesday it will cut its foreign currency sales to 0.3 billion roubles ($3.75 million) a day from August 7 to September 4, down from 0.82 billion roubles previously.The ministry said it will sell 6.2 billion roubles of foreign currency d...Reuters
Tue, Aug 5
USD/CHF moves above 0.8100 as US Dollar strengthens ahead of ISM PMI release
USD/CHF continues to gain ground for the second successive session, trading around 0.8110 during the European hours on Tuesday. The pair remains stronger as the US Dollar (USD) advances ahead of the release of US ISM Purchasing Managers Index (PMI) data due later in the day.
Fxstreet
Tue, Aug 5
EUR/GBP extends losses below 0.8700 with BoE interest rates coming into view
The Euro trades lower for the second consecutive day on Tuesday, exploring levels sub-0.8700 as the Pound trims some losses, with investors shifting their gaze to the Bank of England’s monetary policy decision, due next Thursday.
Fxstreet
Tue, Aug 5
Weak Indian rupee may blunt US tariff bite, say economists
By Nimesh Vora MUMBAI, Aug 5 (Reuters) - The Indian rupee's recent slide may help soften the blow from higher U.S. tariffs, economists said, with trade tensions between New Delhi and Washington intensifying under President Donald Trump.The rupee dropped to 87.8850 per U.S. dollar on Tuesday,...Reuters
Tue, Aug 5
FOREX-Dollar edges up vs euro and yen, but still close to Friday's lows
Traders boost bets on Fed easing moves extending through 2026Goldman Sachs expects Fed to deliver 3 consecutive rate cutsFed could harden its view to protect independence, analysts sayInvestors still concerned about the tariff impact By Stefano Rebaudo and Ankur Banerjee Aug 5 (Reuters) - The dol...Reuters
Tue, Aug 5
INDIA RUPEE-Indian rupee down; likely saved from all-time low by RBI intervention
By Dharamraj Dhutia MUMBAI, Aug 5 (Reuters) - The Indian rupee weakened on Tuesday as U.S.-India trade tensions escalated, though likely central bank intervention helped avert a slide to a record low.The currency INR=IN was at 87.8275 to the U.S. dollar at 1:15 p.m. IST, weaker than Monday's ...Reuters
Tue, Aug 5
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