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EUR/GBP rises as ECB holds rates steady, Eurozone PMIs stabilize, UK services falter
EUR/GBP is edging higher on Thursday as traders digest economic data from both regions and a measured tone from the European Central Bank (ECB).At the time of writing, the pair is trading around 0.8685, holding just below key resistance at 0.8738, as attention turns to diverging growth signals and c
Lagarde speech: If trade tensions resolved in short order, it would clear some uncertainty
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
EUR/USD softens after ECB holds interest rates, Lagarde flags trade risks
The Euro (EUR) is holding steady against the US Dollar (USD) on Thursday after the European Central Bank (ECB) left interest rates unchanged, as widely expected.
Lagarde speech: Disinflationary or inflationary impact of tariffs can not yet be determined
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
Lagarde speech: We don't target exchange rate, we monitor
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
Lagarde speech: Higher tariffs and stronger Euro to make it harder for firms to invest
Christine Lagarde, President of the European Central Bank (ECB), explains the ECB's decision to leave key rates unchanged at the July policy meeting and responds to questions from the press.
US: Initial Jobless Claims fell to 217K last week
According to a report from the US Department of Labour (DOL) released on Thursday, the number of US citizens submitting new applications for unemployment insurance decreased to 217K for the week ending July 19.
US Dollar pauses after falling to two-week low amid trade optimism
The US Dollar (USD) takes a breather on Thursday after sliding to a two-week low on Wednesday as renewed optimism around global trade deals boosted market sentiment.
Gold falls as risk appetite grows on prospects of a EU-US trade deal
Gold is extending losses for a second straight session on Thursday, pressured by a shift toward risk-on sentiment and a firmer US Dollar.
RBNZ's Conway: Global uncertainty may ease inflation - BBH
NZD/USD is consolidating yesterday's gains around 0.6050. RBNZ Chief Economist Paul Conway maintained a dovish tone, BBH FX analysts report.
Gold Price Forecast: XAU/USD slumps to near $3,360, fails to break triangle on upside
Gold price (XAU/USD) trades almost 0.7% lower around $3,360 during the European trading session on Thursday.
USD/CAD remains depressed near 1.3600 ahead of US PMI, Jobless Claims data
The US Dollar is ticking higher against the Canadian Dollar on Thursday and has risen above 1.3600, although it remains close to one-year lows at the 1.3540 area, driven by risk-on markets, following the release of US preliminary PMIs and weekly Jobless Claims data.
USD/JPY: Markets eye stronger services PMI into July 31 BoJ - Scotiabank
The Japanese Yen (JPY) is entering Thursday's NA session unchanged against the US Dollar (USD), having faded its early Asian session gains driven by the release of a mixed set of PMI's, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
AUD/USD hits 11-month high on improved risk sentiment and robust PMI data - BBH
AUD/USD broke higher through key resistance level at 0.6600, reaching its highest level since August 2024.
GBP is underperforming due to PMI disappointment - Scotiabank
The Pound Sterling (GBP) is weak, down 0.3% against the US Dollar (USD) and underperforming most of the G10 currencies with the exception of CHF, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/JPY rebounds above 146.00 as Japan's PMI steadies - BBH
USD/JPY recovered above 146.00 after testing a two-week low yesterday around 145.86, BBH FX analysts report.
EUR: All eyes on ECB meeting - Scotiabank
The Euro (EUR) is soft, down a modest 0.2% against the US Dollar (USD) as we head into Thursday's NA session and the 8:15am ET ECB policy decision (followed by the 8:45am ET press conference), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
CAD slips, fails to benefit from pro-risk mood - Scotiabank
The Canadian Dollar (CAD) is modestly lower on the session, unable to find any lift today from the bid for its FX commodity cousins or global stocks, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD steadies but undertone remains bearish - Scotiabank
The US Dollar (USD) is trading a little higher overall on the session but its performance is more mixed against the G10 currencies and it slipped to its lowest since November against the CNY in overnight trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP: UK composite PMI drops to 2-month low as services sector slows
Pound Sterling (GBP) is underperforming most major currencies, BBH's FX analysts report.
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