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EUR/USD: Sintra forum in full focus – OCBC
Euro (EUR) rose to an intraday high of 1.1829 briefly yesterday before easing. EUR was last at 1.1774 levels. ECB Vice President Guindos said that a rise in the euro beyond $1.20 could create challenges for policymakers, though he sees current levels as no cause for concern.Fxstreet
Wed, Jul 2
USD/CAD steadies above 1.3640 ahead of US ADP employment data
The US Dollar maintains a moderately positive tone against the Canadian Dollar on Wednesday, favoured by strong US job openings and manufacturing data seen on Tuesday, with all eyes on the US ADP employment report, due later on Wednesday.The USD/CAD bounced up from two-week lows right below 1.3600 f
Fxstreet
Wed, Jul 2
AUD/JPY Price Forecast: Tests 94.50 barrier, while finding support at nine-day EMA
AUD/JPY gains ground after registering gains in the previous session, trading around 94.50 during the European hours on Wednesday. As per the technical analysis of the daily chart, the currency cross continues to move upwards within an ascending channel pattern, indicating a prevailing bullish bias.
Fxstreet
Wed, Jul 2
USD/MXN holds gains near 18.70, extends recovery due to stronger US Dollar
USD/MXN edges higher for the second successive day, extending its recovery slightly after rebounding from 18.66, the lowest since August 2024, which was recorded on July 1. The pair is trading around 18.70 during the European hours on Wednesday.
Fxstreet
Wed, Jul 2
FOREX-Dollar wallows near 3-1/2-year low as Fed easing, Trump bill in focus
Fed's Powell does not rule out an interest rate cut this monthMassive tax, spending bill goes back to House for final approvalTrump continues attacks on Powell, putting pressure on dollarBy Kevin Buckland and Alun John TOKYO/LONDON, July 2 (Reuters) - The U.S. dollar languished near its lowes...Reuters
Wed, Jul 2
NZD/USD softens below 0.6100 on firmer US Dollar, eyes on US ADP Employment data
The NZD/USD pair faces some selling pressure near 0.6085 during the early European session on Wednesday, pressured by the rebound in the Greenback. Traders brace for the US ADP Employment Change report for June, which will be published later on Wednesday.
Fxstreet
Wed, Jul 2
GBP/JPY Price Forecast: Gains momentum to near 197.50, bullish outlook remains intact
The GBP/JPY cross gathers strength to near 197.50 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Pound Sterling (GBP) as US President Donald Trump raises doubts over a US-Japan deal.
Fxstreet
Wed, Jul 2
Dollar wallows near 3-1/2-year low as Fed easing, Trump bill in focus
TOKYO, July 2 (Reuters) - The U.S. dollar hunkered near its lowest since February 2022 against major peers on Wednesday, as traders considered dovish hints from Federal Reserve Chair Jerome Powell, along with the potential impact of President Donald Trump's spending bill.Reuters
Wed, Jul 2
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
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