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Dollar steady ahead of Powell Mark II; euro looks to French politics

Investing.com - The U.S. dollar stabilized in early European trade Wednesday, remaining near a three-week low, after the first day of Fed Chair Jerome Powell’s two-day testimony on Capitol Hill, while

Investing.com

Jul 10, 2024

AUD/USD consolidates near 0.6750 as investors await US Inflation

The AUD/USD pair stays in a tight range near 0.6750 in Wednesday’s European session.

Fxstreet

Jul 10, 2024

USD/SGD: A scope for a break below 1.3490 – UOB Group

The US Dollar (USD) is likely to consolidate in a range between 1.3490 and 1.3520.

Fxstreet

Jul 10, 2024

USD/JPY: A break above 161.80 is in the cards– UOB Group

The US Dollar (USD) is likely to edge higher; any advance is unlikely to break above 161.80.

Fxstreet

Jul 10, 2024

NZD/USD dives to 0.6070 as RBNZ communicates dovish interest-rate outlook

The NZD/USD pair slides vertically to near 0.6070 in Wednesday’s European session.

Fxstreet

Jul 10, 2024

AUD/USD: Likely to continue rising to 0.6800 – UOB Group

Further range trading seems likely, probably in a range of 0.6725/0.6755.

Fxstreet

Jul 10, 2024

EUR/USD clings to gains in countdown to US Inflation

EUR/USD turns sideways around 1.0800 in Wednesday’s European session after a modest corrective move from an almost four-week high of 1.0850.

Fxstreet

Jul 10, 2024

GBP/USD: The pair may break above 1.2860 – UOB Group

The Pound Sterling (GBP) is likely to trade in a sideways range of 1.2770/1.2820.

Fxstreet

Jul 10, 2024

EUR/USD: Risk of breaking above 1.0850 increases – UOB Group

The Euro (EUR) is expected to continue to trade in a range, probably between 1.0800 and 1.0840.

Fxstreet

Jul 10, 2024

Forex Today: Eyes on second round of Powell testimony, Fedspeak

Here is what you need to know on Wednesday, July 10: Major currency pairs continue to trade in familiar ranges midweek as investors' search for the next catalyst continues.

Fxstreet

Jul 10, 2024

EUR/USD Price Analysis: The first upside barrier emerges near 1.0850

The EUR/USD pair trades on a stronger note around 1.0818 on Wednesday during the early European session.

Fxstreet

Jul 10, 2024

Asia FX flat as dollar steadies on Powell comments; Kiwi sinks on dovish RBNZ

Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday as the dollar found some strength after Federal Reserve Chair Jerome Powell offered no direct cues on interest rate cuts

Investing.com

Jul 10, 2024

Japanese Yen recovers losses ahead of Fed Powell's second testimony

The Japanese Yen (JPY) depreciates for the third successive session on Wednesday.

Fxstreet

Jul 10, 2024

GBP/USD remains below 1.2800 ahead of second testimony by Fed’s Powell

GBP/USD remains tepid for the second consecutive day, trading around 1.2780 during the Asian session on Wednesday.

Fxstreet

Jul 10, 2024

AUD/NZD jumps above 1.1050 as RBNZ leaves its cash rate on hold at 5.5%

The AUD/NZD cross attracts some buyers near 1.1075 during the Asian trading hours on Wednesday.

Fxstreet

Jul 10, 2024

USD/INR strengthens ahead of Fed Chair Powell’s second testimony

The Indian Rupee (INR) trades on a weaker note on Wednesday amid the modest rebound of the US Dollar (USD).

Fxstreet

Jul 10, 2024

Australian Dollar remains tepid after soft China’s CPI inflation

The Australian Dollar (AUD) losses its recent gains on Wednesday.

Fxstreet

Jul 10, 2024

PBOC sets USD/CNY reference rate at 7.1342 vs. 7.1310 previous

The People’s Bank of China (PBOC) set the USD/CNY central rate on Wednesday at 7.1342, as against the previous day's fix of 7.1310 and 7.2711 Reuters estimates.

Fxstreet

Jul 10, 2024

South Korea Unemployment Rate remains at 2.8% in June

South Korea Unemployment Rate remains at 2.8% in June

Fxstreet

Jul 9, 2024

USD/JPY Price Analysis: Rises past 161.00 as Powell stays cautious

The USD/JPY advanced for the second straight day and climbed above the 161.00 figure on Tuesday as Fed Chair Jerome Powell remained cautious on rate cuts despite acknowledging that the US central bank's dual mandate risks are more balanced.

Fxstreet

Jul 9, 2024

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