Show:
AUD/USD slips from YTD high as stronger US Dollar and wedge rejection weigh on outlook
The Australian Dollar (AUD) is losing ground against the US Dollar (USD) on Friday, pressured by rising US Treasury yields that continue to support demand for the Greenback.
USD/CHF steadies below 0.8000 amid resilient US data and easing trade fears
The Swiss Franc (CHF) loses ground for a third consecutive day against the US Dollar (USD) on Friday, pressured by improving risk sentiment and a rebound in the US Dollar.
GBP/USD sinks as strong US data, weak UK Retail Sales weigh
The GBP/USD tumbles to a day's low after clearing the 1.3500 figure, following economic data from the United States (US) that justified the Federal Reserve's need to maintain its current monetary policy. Conversely, UK Retail Sales disappointed investors after missing the mark.
EU Officials: European framework trade deal with US could happen this weekend
Citing European Union (EU) officials and diplomats, Reuters reported on Friday that the EU and the United States (US) could each a framework deal on trade this weekend.
EUR/USD flattens as US Dollar Firms; Trump Sees "50-50 Chance" of EU trade deal
The Euro (EUR) trades with a negative tone against the US Dollar (USD) on Friday as the Greenback regains upward momentum, supported by resilient US economic data, renewed trade optimism, and expectations that the Federal Reserve (Fed) will leave interest rates unchanged at its upcoming monetary pol
USD/JPY climbs as improved risk appetite, firm US Dollar weigh on Yen
The Japanese Yen (JPY) is weakening against the US Dollar (USD) on Friday as risk-on sentiment and widening interest rate differentials continue to pressure the Yen.
US President Trump: Powell might be ready to lower rates
United States (US) President Donald Trump said on Friday that he had a good meeting with Federal Reserve (Fed) Chairman Jerome Powell on Thursday and added that the got the impression Powell might be ready to cut interest rates, per Reuters.
US Durable Goods Orders decline by 9.3% in June vs. -10.8 expected
Durable Goods Orders in the United States (US) declined by 9.3%, or $32.1 billion, in June to $311.8 billion, the US Census Bureau reported on Friday. This reading followed the 16.5% increase (revised from 16.4%) reported in May and came in better than the market expectation for a decrease of 10.8%.
Trump Accounts: A better retirement alternative to IRAs?
Trump Accounts, recently introduced as part of the One Big Beautiful Bill Act (OBBBA), are generating a lively debate among savings and retirement experts.
US Dollar finds support amid Fed uncertainty, renewed trade optimism
The US Dollar (USD) trades with a positive tone for the second straight day on Friday, drawing strength from upbeat US economic data and fresh optimism on trade.
EUR soft to end the week - Scotiabank
The Euro (EUR) is soft, down a modest 0.2% against the US Dollar (USD) and fading a slight portion of this week's gains.
CAD weak and extending Thursday's decline - Scotiabank
The Canadian Dollar (CAD) is weak, down 0.3% against the US Dollar (USD) and extending Thursday's losses as it gives up the bulk of this week's early gains, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
NZD/USD has likely moved into a 0.6015/0.6055 - UOB Group
New Zealand Dollar (NZD) has likely moved into a 0.6015/0.6055 consolidation phase. In the longer run, NZD could continue to rise; the next level to watch is 0.6080, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD is strengthening broadly - Scotiabank
The US Dollar (USD) is showing broad strength against nearly all of the G10 currencies as we head into Friday's NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/CAD rallies to 1.3680 as the market focuses on a hawkish Fed
The US Dollar is rallying for the second day in a row against a weaker Canadian Dollar.
Gold Price Forecast: XAU/USD extends losing streak amid easing global trade fears
Gold price (XAU/USD) extends its losing streak for the third trading day on Friday.
AUD/USD: Short-term momentum has eased slightly - UOB Group
The current price movements are likely part of a 0.6570/0.6615 consolidation phase. In the longer run, short-term momentum has eased slightly; AUD may still move to 0.6645, but the odds are not high, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
GBP/USD: Upward momentum has largely faded - UOB Group
Pullback in Pound Sterling (GBP) could extend but is unlikely to threaten 1.3450 (there is another support level at 1.3490). In the longer run, upward momentum has largely faded; GBP is expected to trade in a range of 1.3450/1.3590, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/CHF stabilizes near key support - Société Générale
EUR/CHF is stabilizing after defending key support levels, with recent price action suggesting a potential base formation. A hold above 0.9290 could open the door to further gains, Société Générale's FX analysts note.
EUR/GBP Price Forecast: Rallies to fresh highs and looks to the 0.8735 level
The Euro extends its gains for the second consecutive day against the Pound Sterling, reaching fresh three-week highs above 0.8700, with bulls targeting the year-to-date high of 0.8740.UK data released earlier on Friday revealed that Retail Sales increased by a softer-than-expected 0.9% rate in June
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy