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AUD/USD gains sharply to near 0.6500 as Trump hints optimism on US-China trade deal
The AUD/USD pair jumps to near 0.6500 during the European trading session. The Aussie pair strengthens as antipodeans outperform its peers amid optimism that the United States (US) and China will reach a tariff deal soon.
Fxstreet
Wed, Aug 6
GBP/USD: Expected to continue to trade in a range – UOB Group
Pound Sterling (GBP) is expected to continue to trade in a range against US Dollar (USD), albeit a higher one of 1.3270/1.3320. In the longer run, the likelihood of GBP breaking clearly below 1.3140 has diminished considerably, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Wed, Aug 6
RPT-COLUMN-Bank of England's long unwinding road: Mike Dolan
By Mike DolanLONDON, Aug 6 (Reuters) - An expected cut that will take the Bank of England's key interest rate to 4% this week will be merciful relief for an economy badly in need of a lift. But overwhelming caution and a split among policymakers mean the easing cycle is set to be one of the shal...Reuters
Wed, Aug 6
EMERGING MARKETS-FX, stocks steady as markets await cues on new Fed governor, tariffs
US envoy Witkoff in Moscow ahead of sanctions deadlineTrump narrows Fed governor search to four namesNawrocki to be sworn in as Polish presidentMSCI EM FX flat, stocks down 0.3%By Purvi Agarwal Aug 6 (Reuters) - Most emerging market currencies were subdued and stock indexes were mixed on Wednesda...Reuters
Wed, Aug 6
AUD/JPY Price Forecast: Tests nine-day EMA barrier, near 96.00 psychological level
AUD/JPY continues to gain ground for the second successive day, trading around 95.90 during the European hours on Wednesday. The technical analysis of the daily chart shows that the currency cross remains within the descending channel pattern, suggesting a prevailing bearish bias.
Fxstreet
Wed, Aug 6
FOREX-Dollar drifts as investors await Trump's Fed governor decisions
By Rae Wee and Amanda Cooper SINGAPORE/LONDON, Aug 6 (Reuters) - The dollar remained stuck in its recent trading range on Wednesday, with investors choosing to stay on the sidelines after another round of weak U.S. data and as President Donald Trump prepared to fill a coming vacancy on the Federa...Reuters
Wed, Aug 6
Siemens Energy expects double-digit million euro tariff hit in Q4
FRANKFURT, Aug 6 (Reuters) - Siemens Energy ENR1n.DE expects a mid double-digit million euro hit to profits in the fourth quarter, its CEO Christian Bruch said on Wednesday, also flagging hits of similar magnitude in 2026.Bruch, speaking to journalists after presenting third-quarter results, said th...Reuters
Wed, Aug 6
NZD/USD gathers strength above 0.5900 ahead of RBNZ Inflation Expectations release
The NZD/USD pair gathers strength to near 0.5920 during the early European session on Wednesday. Increased expectations of a Federal Reserve (Fed) rate cut weigh on the US Dollar (USD). Fed officials are scheduled later on Wednesday, including Susan Collins, Lisa Cook and Mary Daly.Fxstreet
Wed, Aug 6
