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US Dollar Index stabilizes around 97.40 after Trump's latest tariffs, Fed minutes
The US Dollar (USD) trades broadly stable during European trading hours on Thursday, while United States (US) President Trump announces the latest salvo of tariffs.
WTI inches higher to near $67.50 despite rising global demand concerns
West Texas Intermediate (WTI) Oil price extends its winning streak for the fourth consecutive day, trading around $67.40 per barrel during the early European hours on Thursday.
NZD/USD Price Forecast: Retains bullish bias above 0.6000 above the 100-day EMA
The NZD/USD pair attracts some buyers near 0.6010 during the early European session on Thursday, bolstered by a softer US Dollar (USD). The US weekly Initial Jobless Claims will be in the spotlight later on Thursday.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $67.36 per barrel, up from Wednesday's close at $67.32.Brent Oil Exchange Rate (Brent crude) is also up, advancing from the $69.61 price posted on Wednesday, and trading at $69.67.
ECB's Villeroy: Growth is slow, but positive in France
European Central Bank policymaker Francois Villeroy de Galhau spoke on Thursday about the French economy, saying that he expects the French Gross Domestic Product (GDP) to grow 0.6% this year.
EUR/GBP posts modest gain above 0.8600 ahead of German inflation data
The EUR/GBP cross trades with mild gains near 0.8625 during the early European session on Thursday. Optimism around the United States (US)-European Union (EU) deal underpins the Euro (EUR). The German June inflation data will be released later on Thursday.
GBP/JPY Price Forecast: Seems poised to retest YTD peak, near 200.00 mark
The GBP/JPY cross attracts some dip-buyers near the 198.40-198.35 region during the Asian session on Thursday and stalls a modest corrective pullback from a one-year high touched the previous day.
BoJ's regional assessment report sees impact of US tariff policies
In its quarterly regional economic report published on Thursday, the Bank of Japan (BoJ) is expected to reflect uncertainty over how US tariffs will affect local businesses.
USD/CAD Price Forecast: Wobbles near 1.3700
The USD/CAD pair trades in a tight range near 1.3700 during Asian trading hours on Thursday.
USD/INR opens higher while investors await India-US trade deal confirmation
The Indian Rupee (INR) opens higher against the US Dollar (USD) on Thursday. The USD/INR pair drops to near 85.70, while investors await the confirmation of the trade deal between India and the United States (US) to gauge direction.
EUR/USD rises to near 1.1750 due to uncertainty over Fed rates, tariff concerns
EUR/USD appreciates after registering mild losses in the previous session, trading around 1.1730 during the Asian hours on Thursday. The pair appreciates as the US Dollar (USD) loses ground following the latest Federal Open Market Committee (FOMC) Meeting Minutes and developments on US tariffs.
USD/CHF recovers few pips from weekly low, remains below mid-0.7900s
The USD/CHF pair rebounds a few pips from a fresh weekly low touched during the Asian session on Thursday and for now, seems to have stalled this week's slide from the vicinity of the 0.8000 psychological mark.
GBP/USD gathers strength above 1.3600 on softer US Dollar
The GBP/USD pair gains ground around 1.3605 during the Asian trading hours on Thursday. The Greenback softens against the Pound Sterling amid the prospects for more interest rate cuts by the Federal Reserve (Fed) this year. Traders await the US weekly Initial Jobless Claims data later on Thursday.
India Gold price today: Gold steadies, according to FXStreet data
Gold prices remained broadly unchanged in India on Thursday, according to data compiled by FXStreet.
FX option expiries for Jul 10 NY cut
FX option expiries for Jul 10 NY cut at 10:00 Eastern Time vi a DTCC can be found below.
Gold price trades with a positive bias above $3,300 but bullish conviction lacking
Gold price (XAU/USD) attracts some follow-through buying for the second straight day on Thursday and recovers further from a one-and-a-half-week low, around the $3,283-3,282 region touched the previous day.
Silver Price Forecast: XAG/USD edges higher to near $37.00 due to safe-haven demand
Silver price (XAG/USD) halts its three-day losing streak, trading around $36.50 per troy ounce during the Asian hours on Thursday. The safe-haven Silver gains ground due to the renewed trade concerns, driven by a new wave of tariff demand letters from US President Donald Trump on Wednesday
EUR/JPY hovers around 171.50 after pulling back from yearly highs
EUR/JPY continues its deterioration for the second successive session after pulling back from a one-year high of 172.28, reached on Wednesday. The currency cross is trading around 171.40 during the Asian hours on Thursday.
Japan's Akazawa: Dollar's status as global reserve currency remains solid
Japan's top trade negotiator, Ryosei Akazawa, said on Thursday that the US Dollar's (USD) status as global reserve currency remains solid. Akazawa added that Japan is unlikely to face US demands to prop up Japanese Yen as the USD is more susceptible to selling.
Japanese Yen draws support from reviving safe-haven demand amid trade concerns
The Japanese Yen (JPY) is building on the previous day's goodish recovery from over a two-week low and scaling higher for the second consecutive day against a broadly retreating US Dollar (USD).
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