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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
Australia, NZ dollars make most of US dollar malaise
By Wayne ColeSYDNEY, July 1 (Reuters) - The Australian and New Zealand dollars paused near multi-month peaks on Tuesday after clearing another set of chart barriers to set the seal on a strong quarter, with the U.S. currency still stuck in a broad downtrend.The Aussie held at $0.6575 AUD=D3, having ...Reuters
Tue, Jul 1
FOREX-Dollar feeble as Trump's tax bill and tariffs weigh
Euro at strongest since September 2021Dollar weakness shows no sign of stopping Fiscal worries grow on Trump's spending bill as voting nearsBy Ankur Banerjee SINGAPORE, July 1 (Reuters) - The U.S. dollar languished at its weakest against the euro since September 2021 on Tuesday, as President ...Reuters
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
Dollar hits near 4-year low versus euro, weighed by worries over tax bill, trade deal
Dollar index on track for biggest H1 drop since early 1970s Euro hits highest since 2021 against the greenbackChina trade progress precedes July 9 tariff deadlineCanadian dollar strengthens after US digital tax is haltedBy Chibuike Oguh NEW YORK, June 30 (Reuters) - The dollar hit a near four-yeaReuters
Tue, Jul 1
GBP/USD holds onto high ground ahead of dual central bank appearances and US ISM data
GBP/USD continues to knock into multi-year highs above the 1.3700 handle, with the pair keeping afloat on thin intraday volumes on Monday. Greenback flows continue to tilt into the bearish side, keeping Cable price action on rails and limiting the downside.Fxstreet
Mon, Jun 30
USD/CAD trades with mild losses near 1.3600 as US, Canada to resume trade talks
The USD/CAD pair trades with mild losses near 1.3605 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar as trade negotiations between the United States and Canada resume.
Fxstreet
Mon, Jun 30
AUD/JPY holds steady near 94.65 as buyers defend key support zone
The AUD/JPY has continued to consolidate within the 93.70–95.00 range over the past ten trading days, amid a fragile market mood driven by controversial US policies, the escalation and de-escalation of the Middle East conflict, and the approval of the US fiscal budget.Fxstreet
Mon, Jun 30
Progress Software Q2 revenue up 36%, raises FY25 guidance
OverviewProgress Software fiscal Q2 revenue grows 36% yr/yr to $237 mlnARR increases 46% yr/yr to $838 mln, reflecting strong product portfolioCo raises FY25 guidance for revenue, operating margin, EPS, and cash flowOutlookProgress Software raises FY25 revenue guidance to $962-$974 mln.Company expec...Reuters
Mon, Jun 30
Forex Today: Central bankers will be in the spotlight
The Greenback traded with marked losses at the start of the week, as market participants remained cautious ahead of Chief Powell's and another central banker's speech at the ECB Forum in Portugal, while also keeping an eye on trade developments and the likelihood of additional Fed easing.Fxstreet
Mon, Jun 30
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