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TRY: Flows return, but lira still weak - Commerzbank
Latest balance of payments data from Turkey show that capital inflow rebounded in May after suffering a heavy decline during the politically tumultuous March-April period (following the Istanbul mayor's arrest).
GBP: Underperformance starting to become clearer - Commerzbank
Investors seem to be taking a dimmer view of sterling, presumably on the back of the fiscal straitjacket currently trapping UK Chancellor Rachel Reeves, ING's FX analyst Chris Turner notes.
GBP/JPY Price Forecast: Further decline towards 197.00 looks likely
The Pound is correcting lower from last week's highs, right below the 200.00 psychological level, with bears testing support at the area around previous highs, in the 198.30- 198.40 region at the time of writing.Market sentiment is sour, as Trump's latest tariff threats to the Eurozone and Mexico ha
Gold Price Forecast: XAU/USD refreshes three-week high, aims to revisit $3,400
Gold price (XAU/USD) posts a fresh three-week high around $3,370 during the European trading session on Monday.
Speculators load up on Brent, Gasoil - ING
Speculators sharply boosted their net long positions in ICE Brent and gasoil futures last week, driven mainly by new long entries as they focused on short-term market tightness.
USD/JPY eases from 147.50 as investors ponder the impact of Trump's tariffs
The US Dollar is trimming previous gains on Monday.
USD: Trump and his tariffs - Commerzbank
Over the weekend, further letters from the US president arrived at various trading partners, including the EU. According to these letters, imports from the EU will be subject to a 30% tariff from August 1. This is a higher rate than originally announced on Liberation Day.
DXY: Plenty of US data this week - OCBC
US Dollar (USD) held on to mild gains, amid rise in UST yields and ahead of US CPI (Tuesday). DXY was last at 97.9 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD: Russia news could be USD driver today - ING
News from the weekend that the US could impose 30% import tariffs on the EU and Mexico hasn't moved markets too much. Equity futures in the US and Germany have been marked down 0.4% and 0.6% respectively, while the dollar is marginally stronger.
AUD/USD gives back early gains and drops to near 0.6560 amid sour market mood
The AUD/USD pair gives up its initial gains and falls to near 0.6560 during the European trading session on Monday. The Aussie pair falls back as the market sentiment remains risk-off amid escalating global trade tensions.
Oil holds onto gains ahead of Trump statement - ING
Oil prices managed to move higher on Friday, with Brent settling 2.51% higher on the day. The market remains well supported in early morning trading today, ING's commodity analysts Warren Patterson and Ewa Manthey note.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Monday, according to FXStreet data.
EUR/USD: Risk for EUR is on the downside - UOB Group
Risk for Euro (EUR) is on the downside against US Dollar (USD), but it does not appear to have enough momentum to reach the major support at 1.1625.
EUR/USD: More downside if 21DMA breaks - OCBC
Euro (EUR) fell last week, in line with our caution for some 'speed bumps' in the interim. EUR was last at 1.1686 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR: Corrective activity continues - ING
Those waiting for better levels to buy EUR/USD could be rewarded for their patience. US-EU trade negotiations look set to get noisier over the coming weeks, and baseline expectations that the EU secures a 10% tariff rate on most goods could be challenged, ING's FX analyst Chris Turner notes.
CAD: Strong labour market report amid tariff turmoil - Commerzbank
Amidst all the upheaval caused by the US's announcement of 35% tariffs on Canadian goods at the end of last week, Friday's Canadian labour market report for June came as a very welcome surprise: 83,000 new jobs were created and the unemployment rate fell by 0.2 percentage points, despite the partici
AUD/JPY holds gains near 97.00 despite increased safe-haven demand
AUD/JPY extends its winning streak for the third successive session, trading around 96.80 during the European hours on Monday.
NZD/USD struggles to return above 0.6000 with the US Dollar firmer on cautious markets
The New Zealand Dollar is trimming some losses in the early European session.
WTI advances to near $68.00 as traders await Trump's statement on Russia
West Texas Intermediate (WTI) Oil price extends its gains for the second successive session, trading around $68.00 per barrel during the European hours on Monday.
Dow Jones futures point to a negative opening after the latest Tariff threats
Wall Street is expected to open the week in the same negative tone that closed the previous one.
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