News
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AUD/JPY sits near weekly top, bulls await sustained move beyond 96.00 mark
The AUD/JPY cross reverses an Asian session dip to the 95.65 area and climbs back closer to the weekly high touched earlier this Friday. Spot prices, however, lack follow-through, with bulls awaiting a sustained strength and acceptance above the 95.00 mark before positioning for any further gains.
Fxstreet
Fri, Aug 8
GBP/JPY holds onto gains near 198.00, BoJ warns of global trade uncertainty
The GBP/JPY pair clings to gains after a three-day winning streak around 198.00 during the late Asian trading session on Friday. The cross remains broadly firm as a hawkish interest rate cut by the Bank of England (BoE) has pushed the Pound Sterling on the front foot.
Fxstreet
Fri, Aug 8
USD/CAD consolidates below mid-1.3700s; looks to Canadian jobs data for fresh impetus
The USD/CAD pair struggles to gain any meaningful traction and oscillates in a narrow range, below mid-1.3700s during the Asian session on Friday. Meanwhile, spot prices remain close to a one-week low touched the previous day and seem poised to register weekly losses amid a bearish US Dollar (USD).Fxstreet
Fri, Aug 8
USD/INR gains as US-India trade tensions diminish Indian economy outlook
The Indian Rupee (INR) opens lower against the US Dollar (USD) on Friday after a three-day winning streak. The USD/INR recovers to near 87.75 as the market experts have warned that trade tensions between the United States (US) and India could hit Indian exports significantly.Fxstreet
Fri, Aug 8
USD/CHF treads water above 0.8050 as US tariffs weigh on Swiss Franc
USD/CHF remains steady for the second consecutive day, hovering around 0.8060 during the Asian trading hours on Friday. However, the pair may appreciate as the Swiss Franc (CHF) could receive downwards pressure due to newly enacted 39% tariffs on United States (US) imports from Switzerland.
Fxstreet
Fri, Aug 8
China's yuan holds steady as US trade truce deadline approaches
SHANGHAI, Aug 8 (Reuters) - China's yuan held steady on Friday as investors anxiously awaited news on whether a tariff truce would be extended between the world's two largest economies, after U.S. President Donald Trump floated the possibility of raising tariffs on China.China was initially ...Reuters
Fri, Aug 8
Japanese Yen drifts lower against rebounding USD; downside potential seems limited
The Japanese Yen (JPY) attracts some intraday sellers after the Summary of Opinions from the Bank of Japan's (BoJ) July meeting showed that policymakers remain worried about the potential negative impact of higher US tariffs on the domestic economy.
Fxstreet
Fri, Aug 8
Australia, NZ dollars set for weekly gains, RBA policy meet next week
SYDNEY, Aug 8 (Reuters) - The Australian and New Zealand dollars were set for weekly gains on Friday with the U.S. dollar burdened by weak economic data and dovish bets for policy easing, slipping back towards its three-year lows. The Aussie eased 0.2% to $0.6513 AUD=D3, having edged up 0.3% overni...Reuters
Fri, Aug 8
FOREX-Trump's Fed pick, Bank of England's 'hawkish' cut weigh on dollar
Dollar weighed by rate cut bets, Trump's Fed pickTraders pricing two U.S. rate cuts this year Pound boosted by narrow BoE vote to cut ratesBy Jaspreet Kalra and Ankur Banerjee SINGAPORE, Aug 8 (Reuters) - The dollar was under pressure on Friday and was on course for a weekly fall as U.S. Pres...Reuters
Fri, Aug 8
GBP/USD: Greenback weakens and BoE rate cut bets decline
GBP/USD extended recent bullish momentum on Thursday, gaining over two-thirds of one percent on the day and climbing above key technical indicators as market rebalance both a weaker US Dollar (USD) and a stronger Pound Sterling (GBP).Fxstreet
Thu, Aug 7
USD/CAD weakens to below 1.3750, Canadian jobs report in focus
The USD/CAD pair trades in negative territory around 1.3735 during the early Asian session on Friday. The Greenback edges lower against the Canadian Dollar (CAD) as traders boost bets that the US Federal Reserve (Fed) will cut rates in September after weak US Nonfarm Payrolls (NFP) data.Fxstreet
Thu, Aug 7
Vitalhub Q2 revenue beats estimates
OverviewVitalhub Q2 total revenue up 47% YoY to CAD 23.9 mln, beating estimates, per LSEG dataAdjusted EBITDA rises 50% YoY to CAD 6.3 mlnAnnual recurring revenue grows 55% YoY to CAD 79.6 mlnOutlookCompany aims to continue international expansion with current cash and ARRResult DriversORGANIC GROWT...Reuters
Thu, Aug 7
