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GBP/USD: Corrective pullback underway - OCBC
Pound Sterling (GBP) fell, alongside Gilts on signs of division within Labour party. GBP was last at 1.3671 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
AUD/USD holds gains above 0.6560, the dollar eases ahead of the NFP report
The Australian Dollar remains consolidating gains near the year-to-date highs at 0.6590.
EUR/USD: Near term consolidation - OCBC
Euro (EUR) gains slowed overnight, in line with our caution. EUR was last at 1.18 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: ECB starting to express some concern over euro strength - ING
The Financial Times is running a story today on ECB officials questioning whether the euro has strengthened too much.
China: Q2 GDP growth likely stayed above 5% - Standard Chartered
Q2 growth to have moderated to 5.1% y/y (4.7% prior), eased below 1% on a q/q basis. Official PMI survey suggests demand improved m/m in June, supporting production activity. Front-loading activity likely supported export growth; higher oil prices may have lifted import growth.
USD/CAD Price Forecast: Remains below 1.3600 due to persistent bearish bias
The USD/CAD pair extends its losses after registering nearly 0.50% losses in the previous session, trading around 1.3590 during the European hours on Thursday.
USD/MXN falls below 18.80 as US Dollar remains subdued ahead of Nonfarm Payrolls
USD/MXN edges lower after registering gains in the previous two successive sessions, trading around 18.80 during the European hours on Thursday.
US Dollar Index (DXY) languishes below 97.00 with all eyes on US payrolls data
The US Dollar Index (DXY), which measures the value of the Dollar against the world's six most traded currencies, keeps wavering below the 97.00 area, unable to take off from multi-year lows, after having lost more than 2% during the last two weeks.
EUR/USD steadies in cautious markets ahead of US Nonfarm Payrolls
The EUR/USD pair is practically flat on Thursday, trading right below 1.1800 at the time of writing, not far from the multi-year highs reached earlier this week.
Trump's tax-cut and spending bill clears procedural hurdle in US House of Representatives
The United States (US) House of Representatives clears procedural hurdle, paving the way for the debate and the final vote on President Donald Trump's 'big, beautiful bill."
Pound Sterling regains composure after doubts over Chancellor Reeves fuel slump
The Pound Sterling (GBP) trades in a tight range around 1.3650 against the US Dollar (USD) during European trading hours on Thursday.
Silver Price Forecast: XAG/USD surges to near $36.80 ahead of US NFP
Silver price revisits two-week high near $36.80 during European trading hours on Thursday. The white metal trades firmly ahead of the United States (US) Nonfarm Payrolls (NFP) data for June, which will be published at 12:30 GMT.
EUR/JPY stands firm near YTD peak; bulls await breakout through 169.70-169.75 hurdle
The EUR/JPY cross edges higher for the second consecutive day on Thursday and climbs back closer to a nearly one-year high touched earlier this week. Spot prices currently trade around the 169.70-169.75 area, up 0.10% for the day amid a broadly weaker Japanese Yen (JPY).
NZD/USD attracts some sellers to below 0.6100 ahead of US NFP data
The NZD/USD pair attracts some sellers to around 0.6070 during the early European session on Thursday. The New Zealand Dollar (NZD) edges lower against the Greenback as China's services activity growth hits a nine-month low in June.
Forex Today: US Dollar struggles to extend rebound ahead of Nonfarm Payrolls
Here is what you need to know on Thursday, July 3:
EUR/GBP softens to near 0.8650 ahead of German, Eurozone PMI releases
The EUR/GBP cross loses ground to near 0.8650, snapping the four-day winning streak during the early European session on Thursday. The HCOB Services and Composite PMI reports from Germany and the Eurozone will be the highlights later on Thursday.
BoJ's Takata: Japan is close to achieving price target but hasn't fully achieved it yet
Bank of Japan (BoJ) Board Member Hajime Takata said on Thursday that Japan is close to achieving BoJ's price target but hasn't fully achieved it yet, so it needs to maintain an accommodative monetary policy.
GBP/JPY remains under pressure around 196.00 amid rallying UK bond yields
The GBP/JPY pair trades cautiously near 196.00 during the Asian session on Thursday after posting a fresh weekly low around 195.40 the previous day.
FX option expiries for Jul 3 NY cut
FX option expiries for Jul 3 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
Nonfarm Payrolls set to show hiring environment in US labor market remained subdued in June
The all-important United States (US) Nonfarm Payrolls (NFP) data for June will be released by the Bureau of Labor Statistics (BLS) on Thursday at 12:30 GMT.
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