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Pound Sterling finds cushion as US Dollar takes a breather from recent rally
The Pound Sterling (GBP) rebounds slightly to near 1.3270 against the US Dollar (USD) during the European trading session on Thursday, bouncing from an over two-month low of 1.3228 posted the previous day.
EUR/JPY Price Forecast: Recovers strongly from 169.70 as BoJ holds interest rates steady
The EUR/JPY pair attracts significant bids around 169.70 and recovers to near 170.80 on Thursday. The cross snaps three-day losing streak as the Japanese Yen (JPY) weakens after the Bank of Japan (BoJ) left interest rates steady at 0.5%, as expected.
USD/CAD holds gains above 1.3815 with US PCE Inflation on tap
The US Dollar stands tall, favoured by solid US data and a hawkish Fed.
EUR/GBP holds positive ground above 0.8600 as traders await Eurozone HICP release
The EUR/GBP cross trades on a stronger note around 0.8620 during the early European session on Thursday. The Pound Sterling (GBP) edges lower against the Euro (EUR) as traders remain confident that the Bank of England (BoE) will cut interest rates next month after a slew of weaker UK economic data.
BoJ's Ueda: Japan's economy recovering moderately albeit with some weakness
Bank of Japan (BoJ) Governor Kazuo is addressing a press conference on Thursday, explaining the central bank's decision to maintain the interest rate at 0.5% for the fourth consecutive meeting.
Forex Today: US Dollar consolidates Fed-inspired gains, key data incoming
Here is what you need to know on Thursday, July 31:
FX option expiries for Jul 31 NY cut
FX option expiries for Jul 31 NY cut at 10:00 Eastern Time via DTCC can be found below.
USD/CHF tumbles to below 0.8150 ahead of Trump's tariff deadline
The USD/CHF pair drifts lower to around 0.8125 during the early European trading hours. The Greenback weakens against the Swiss Franc (CHF) despite the hawkish stance from the US Federal Reserve officials.
NZD/USD moves away from over one-month low, climbs to 0.5925-0.5930 on softer USD
The NZD/USD pair gains strong positive traction during the Asian session on Thursday and for now, seems to have snapped a five-day losing streak to sub-0.5900 levels, or over a one-month low touched the previous day.
USD/INR trades firmly as Trump threatens 25% tariffs on India
The Indian Rupee (INR) holds onto losses against the US Dollar (USD) at open on Thursday.
EUR/USD finds temporary support near 1.1400 ahead of Eurozone HICP, US NFP data
The EUR/USD pair attracts some bids near the round level of 1.1400 during the Asian trading session on Thursday. The major currency pair finds cushion as the US Dollar (USD) takes a breather after a five-day winning streak.
USD/KRW remains subdued near 1,391 following US-Korea trade agreement
USD/KRW depreciates after registering gains in the previous session, trading around 1,391 during the Asian hours on Thursday. The pair inches lower as the South Korean Won (KRW) receives support after Seoul and Washington finalized a trade agreement.
US President Trump says Canada trade deal would be hard amid plans to recognise Palestinian state
US President Donald Trump said on Thursday that Canada's support for Palestine makes it difficult to form a trade agreement.
GBP/USD steadily climbs above mid-1.3200s amid a softer USD; bulls lack conviction
The GBP/USD pair attracts some buyers during the Asian session on Thursday and reverses a part of the previous day's decline to the lowest level since May 13.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Thursday, according to data compiled by FXStreet.
AUD/JPY Price Forecast: Falls to near 96.00 as sentiment remains neutral
AUD/JPY loses ground for the fourth successive session, trading around 96.10 during the Asian hours on Thursday. The technical analysis of the daily chart shows that the currency cross moves sideways within the rectangular pattern, suggesting a prevailing neutral sentiment.
EUR/JPY holds losses near 170.00 after BoJ policy, German HICP data awaited
EUR/JPY continues its losing streak for the fourth consecutive day, trading around 169.90 during the Asian session on Thursday. The currency cross loses ground following the release of the Bank of Japan's (BoJ) interest rate decision.
GBP/JPY weakens to near 197.00 as BoJ holds rates steady
The GBP/JPY cross faces some selling pressure to around 197.10 during the Asian trading hours on Thursday. The Japanese Yen (JPY) strengthens against the Pound Sterling (GBP) after the Bank of Japan (BoJ) interest rate decision.
US Dollar Index holds losses near 100.00 ahead of PCE inflation data
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is halting its five-day winning streak and trading around 99.80 during the Asian hours on Thursday.
Japanese Yen rebounds from multi-month low against USD ahead of BoJ decision
The Japanese Yen (JPY) edges higher against a softer US Dollar (USD) during the Asian session on Thursday and recovers a part of the previous day's slide to its lowest level since early April.
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