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GBP/USD falls as solid US jobless claims data cools July Fed cut hopes
The Pound Sterling traded with losses of 0.27% on Thursday after a jobs report in the United States (US) revealed that the labor market is solid, reducing the chance of a rate cut by the Federal Reserve at the July meeting.
EUR/USD slides as stronger US labor data boosts Greenback
The Euro (EUR) weakens against the US Dollar (USD) on Thursday as the Greenback edges higher following stronger-than-expected US weekly labor data, which reinforced confidence in the resilience of the labor market.
Fed's Musalem: Impact of tariffs on inflation still unclear
St. Louis Fed President Alberto Musalem struck a cautiously optimistic tone on the US economy, noting strength in the labour market but warning of renewed inflation risks.
WTI Crude Oil edges lower amid robust supply and diminishing demand expectations
West Texas Intermediate (WTI) Crude Oil is trading lower on Thursday, falling back below the $67.00 mark as markets react to renewed supply concerns and softening demand expectations.
Silver Price Forecast: XAG/USD steadies after three-day decline
Silver (XAG/USD) is holding firm on Thursday after a strong start to the day, recovering from a three-day losing streak as market sentiment turns cautious once again.
US: Initial Jobless Claims dropped to 227K last week
The US Department of Labour (DOL) reported on Thursday that the number of US citizens submitting new applications for unemployment insurance fell to 227K for the week ending July 5.
Gold rises for second consecutive day as trade tensions intensify
Gold (XAU/USD) is ticking up slightly on Thursday, benefiting from escalating global trade tensions as recent tariff announcements from US President Trump have rekindled investors' appetite for bullion as a traditional safe-haven asset.
US Dollar steady amid Trump's trade escalation, cautious Fed
The US Dollar (USD) holds its footing on Thursday after a weak start to the day, as investors digest fresh tariff threats from US President Donald Trump.
JPY is steady on the day - Scotiabank
The Japanese Yen (JPY) is quietly consolidating its recent pullback, attempting to find support following a poor start to July, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
GBP up modestly in quiet trade - Scotiabank
The Pound Sterling (GBP) is up a modest 0.2% and outperforming most of the G10 currencies in quiet trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/GBP wobbles around 0.8630 amid uncertainty over US-EU trade deal
The EUR/GBP pair trades in a tight range around 0.8625 during the European trading session on Thursday.
USD/CHF pares previous losses and returns above 0.7950 amid a stronger US Dollar
The US Dollar is featuring a moderate recovery on Thursday, paring some losses after the previous two days' reversal. The pair, however, remains trading near long-term lows, with upside attempts capped below the 0.8000 psychological level.
EUR consolidates in low 1.17s - Scotiabank
The Euro (EUR) is quietly consolidating in the low 1.17s and extending this week's narrow range, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
CAD is little changed on the day - Scotiabank
The Canadian Dollar (CAD) remains range-bound but has made a little progress overnight, reflecting the generally softer US Dollar (USD) undertone, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD slips as markets digest tariff news - Scotiabank
The US Dollar (USD) is trading a little more defensively overall this morning as markets digest the latest round of US tariff news--a hefty 50% on copper and 50% on Brazil, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Gold Price Forecast: XAU/USD is testing trendline resistance at $3,325
Gold (XAU/USD) found buyers right below the $3,300 level on Wednesday to regain some of the ground lost over the previous days.
AUD/USD jumps to near 0.6570 as RBA needs confidence over inflation cooling down
The AUD/USD climbs to near 0.6570 during the European trading session on Thursday.
USD/CNH: Chance of edging lower and testing 7.1720 - UOB Group
Softening underlying tone may lead to US Dollar (USD) edging lower and testing 7.1720 against Chinese Yuan (CNH). In the longer run, increasing momentum suggests USD may rise, but it is too early to expect 7.2000 to come into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/CAD eases from 1.3700 Fed cuts hopes, higher Oil prices
The US Dollar retreated from two-week highs above 1.3700 on Wednesday, following the release of the FOMC m¡inutes and weighed by falling US Treasury yields.
Rising JGB yields keep Yen under pressure - BBH
USD/JPY eased off from this week's high above 147.00, while JPY continues to underperform against most major currencies, BBH FX analysts report.
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