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While negative divergence is forming, Euro (EUR) could edge above 1.1795 against US Dollar (USD); the major resistance at 1.1830 is likely out of reach for now.

Created : 2025.07.24 18:22

Last updated : 2025.07.24

Expectations have intensified for the Turkish central bank (CBT) to resume cutting interest rates today: with analyst forecasts for a cut between 250bp and 350bp (majority expectation for 250bp).

Created : 2025.07.24 18:16

Last updated : 2025.07.24

The Turkish central bank is likely to return to the cutting cycle today after tightening conditions in March and April. We expect a 250bp cut to 43.50% in line with market surveys. However, expectations are tilted towards a larger rate cut.

Created : 2025.07.24 18:11

Last updated : 2025.07.24

USD/CHF edges higher for the second successive day, trading around 0.7940 during the European hours on Thursday.

Created : 2025.07.24 18:03

Last updated : 2025.07.24

The Euro is posting moderate gains on Thursday, after bouncing from 0.8640 on Wednesday, but remains trapped within the weekly range, with investors awaiting details of a widely expected trade deal with the US, and the outcome of the European Central Bank's meeting.News reporting that Eurozone and U

Created : 2025.07.24 17:49

Last updated : 2025.07.24

Junko Koeda recently argued for the need to monitor second-round effects from rising rice costs. Another board member, Hajime Takata, said this month the BOJ must resume rate hikes after a temporary pause as Japan was on the cusp of achieving the bank's 2% target.

Created : 2025.07.24 17:33

Last updated : 2025.07.24

EUR/JPY loses ground after halting its five-day winning streak, trading around 172.20 during the European hours on Thursday. The currency cross remains subdued despite the release of improved HCOB Purchasing Managers' Index (PMI) data from Eurozone.

Created : 2025.07.24 17:22

Last updated : 2025.07.24

The dollar didn't suffer in the first half of July from trade tensions re-escalating. And it is equally finding no benefit from positive trade deal news.

Created : 2025.07.24 17:20

Last updated : 2025.07.24

Amidst all the discussions about potential trade deals with the US (see yesterday's article on Japan and today's article on the EU), one important point has been overlooked. Switzerland has not yet received a letter threatening tariffs from 1 August.

Created : 2025.07.24 17:18

Last updated : 2025.07.24

The Japanese Yen (JPY) has continued to strengthen overnight, remaining the best performer in G10 since the start of the week, up 1.8% against the US Dollar (USD), ING's FX analyst Francesco Pesole notes.

Created : 2025.07.24 17:15

Last updated : 2025.07.24

Following the announcement of the deal with Japan, it seems that negotiations with the EU are also gathering momentum. Yesterday, the US Treasury Secretary stated that the Japan deal was not a blueprint for the EU, as the latter had not yet presented any such 'innovative' ideas.

Created : 2025.07.24 17:13

Last updated : 2025.07.24

The ECB announces monetary policy today and is widely expected to keep rates on hold. Trade and the euro's strength are the two hot topics in Frankfurt today.

Created : 2025.07.24 17:08

Last updated : 2025.07.24

The Eurozone manufacturing sector remained in contraction, while the services sector expanded in July, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Thursday.

Created : 2025.07.24 17:02

Last updated : 2025.07.24

S&P Global will release on Thursday its preliminary July Purchasing Managers' Indices (PMIs) for the United States, based on surveys of top private sector executives, to provide an early indication of economic momentum.

Created : 2025.07.24 17:00

Last updated : 2025.07.24

Silver (XAG/USD) is trading lower for the second consecutive day on Thursday, as the risk-on mood weighs on demand for the safe-haven precious metals, but the pair has a significant support at the $38.75 area (July 22 lows), which is keeping the bullish structure in place so far.News that the EU is

Created : 2025.07.24 16:55

Last updated : 2025.07.24

The Pound Sterling (GBP) underperforms its major peers on Thursday ahead of the preliminary United Kingdom (UK) S&P Purchasing Managers' Index (PMI) data for July, which will be published at 08:30 GMT.

Created : 2025.07.24 16:48

Last updated : 2025.07.24

The GBP/JPY pair trades 0.3% down to near 198.30 during the European trading session on Thursday.

Created : 2025.07.24 16:46

Last updated : 2025.07.24

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is holding ground after registering losses in the previous four successive days and trading around 97.20 during European hours on Thursday.

Created : 2025.07.24 16:33

Last updated : 2025.07.24

The German manufacturing sector contraction eased in July while the services sector returned to expansion, the preliminary business activity report published by the HCOB survey showed on Thursday.

Created : 2025.07.24 16:31

Last updated : 2025.07.24

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.75 during the early European trading hours on Thursday.

Created : 2025.07.24 16:11

Last updated : 2025.07.24