Show:
WTI flattens around $66 even as EU approves sanctions on Russia
West Texas Intermediate (WTI), futures on NYMEX, trades flat around $66.00 during the European trading session on Monday. The Oil price struggles for direction while the European Union (EU) has imposed sanctions on energy exports from Russia, following its three-year long war with Ukraine.
EUR/JPY wobbles below the 173.10 highs after Japan's elections
The Yen has reacted positively to the outcome of the Japanese elections.
ECB Survey: Eurozone firms optimisitc but feel the heat of trade tensions
In its quarterly Survey on the Access to Finance of Enterprises (SAFE) published on Monday, the European Central Bank (ECB) said that most Eurozone firms remain upbeat on growth prospects but face headwinds from trade tensions.
USD/CAD rises to near 1.3750 ahead of BoC Business Outlook Survey
USD/CAD attempts to retrace its recent losses from the previous session, trading around 1.3730 during the early European hours on Monday. The pair appreciates as the Canadian Dollar (CAD) struggles amid ongoing trade tensions.
Forex Today: Market mood turns upbeat to start week
Here is what you need to know on Monday, July 21:
EUR/USD ticks up, yet US tariff uncertainty limits gains
The EUR/USD pair is showing a minor appreciation, with markets remaining cautious in the early European session on Monday.
Pound Sterling consolidates against US Dollar as investors seek fresh US tariff headlines
The Pound Sterling (GBP) trades calmly around 1.3440 against the US Dollar (USD) during the European trading session on Monday.
NZD/USD recovers early lost ground, moves back above mid-0.5900s amid softer USD
The NZD/USD pair reverses a major part of its intraday losses and climbs to the 0.5965 region, or back closer to the daily peak during the early European session on Monday. Spot prices, however, remain confined in Friday's broader range, warranting some caution for aggressive traders.
EUR/GBP weakens to near 0.8650 on tariff tensions
The EUR/GBP cross loses momentum to around 0.8660 during the early European session on Monday. The Euro (EUR) softens against the Pound Sterling (GBP) due to renewed trade tensions between the United States (US) and the European Union (EU) ahead of the tariff deadline on August 1.
USD/CHF Price Forecast: Bearish outlook remains in play near 0.8000
The USD/CHF pair drifts lower to around 0.8010 during the early European session on Monday. Concerns over the economic impact of higher US tariffs keep investors on edge and boost the Swiss Franc (CHF), a traditional safe-haven currency.
GBP/USD Price Forecast: Hovers above 1.3400 despite a persistent bearish bias
The GBP/USD pair edges higher for the second successive day, trading around 1.3420 during the Asian hours on Monday. However, the bearish bias persists as the daily chart's technical analysis indicates that the pair remains within the descending channel pattern.
FX option expiries for Jul 21 NY cut
FX option expiries for Jul 21 NY cut at 10:00 Eastern Time via DTCC can be found below.
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