Show:
Japanese Yen retreats sharply from two-week high against USD amid political uncertainty
The Japanese Yen (JPY) retreats sharply from a two-week top touched against its American counterpart during the Asian session on Wednesday and lifts the USD/JPY pair above the 147.00 mark in the last hour.
Australian Dollar continues to climb on the back of improving market sentiment
The Australian Dollar (AUD) gains ground against the US Dollar (USD) on Wednesday, extending its winning streak for the fourth successive session.
Japan's Ishiba agrees with US on tariffs
Japanese Prime Minister Shigeru Ishiba said on Wednesday that Japan has agreed to a trade deal with the United States, one of the country's largest trading partners.
BoJ's Uchida: Japan's economy has recovered moderately
Bank of Japan Deputy Governor Shinichi Uchida said on Wednesday that Japan's economy has recovered moderately, although some weakness has been seen in parts.
NZD/USD strengthens to near 0.6000 amid concerns over Fed's independence
The NZD/USD pair trades in positive territory for the fourth consecutive day near 0.6005 during the Asian trading hours on Wednesday.
PBOC sets USD/CNY reference rate at 7.1414 vs. 7.1460 previous
The People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1414 as compared to the previous day's fix of 7.1460.
WTI tumbles to below $65.50 amid concern over oil demand
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.40 during the early Asian trading hours on Wednesday.
US President Donald Trump says he has completed a 'massive deal' with Japan
US President Donald Trump said early Wednesday that the United States (US) has a trade deal with Japan.
USD/CAD extends the decline to near 1.3600 as Trump's tariff deadline looms
The USD/CAD pair extends its downside to around 1.3605 during the early Asian session on Wednesday.
GBP/USD continues bullish bounce as Greenback continues to weaken
GBP/USD rose for a second straight day on Tuesday, lifted by a general weakening in global Greenback markets.
Silver Price Forecast: XAG/USD hits 14-year high above $39.25
Silver price rally continued during the week, posting gains of over 0.94% on Tuesday and reaching 14-year highs, levels last seen in September 2011. At the time of writing, XAG/USD trades at $39.25.
EUR/USD climbs above 1.1740 as risk appetite pressures Dollar, ECB in focus
EUR/USD remains above the 20-day Simple Moving Average (SMA) of 1.1704, trading with gains of over 0.50% due to an improvement in risk appetite weighing on the US Dollar, even though fears that the European Union (EU) and the United States (US) might fail to reach a deal before the August 1 deadline
Canadian Dollar climbs as Greenback losses pile on
The Canadian Dollar (CAD) caught another breather on Tuesday, gaining ground against the weakening US Dollar (USD) and extending into its third straight day of firm gains. The Loonie is up around 1.25% against the Greenback from last week's lows, pushing the USD/CAD pair down to the 1.3600 handle.
AUD/USD extends gains as Fed uncertainty threatens the US Dollar ahead of Australian PMI data
The Australian Dollar (AUD) is extending its climb against the US Dollar (USD) on Tuesday as a softer Greenback and a slightly more balanced tone from the Reserve Bank of Australia (RBA) support the upside move.
Gold surges to 5-week high as US yields slide, trade uncertainty boosts safe-haven demand
Gold price extended its rally to two consecutive days on Tuesday, rising by over 0.9% as US Treasury yields continued their decline, weakening the US Dollar as traders await fresh news regarding new trade deals from the United States.
Canadian PM Carney: Working a deal with Trump, will keep talking to non-US allies
Canadian Prime Minister Mark Carney noted on Tuesday that while the Canadian government is still open to further trade discussions with the US, Canada will still be pursuing active negotiations with allies outside of the US.
Forex Today: Trade, Fed's independence remains in the driver's seat
The Greenback accelerated its decline on Tuesday, slipping back to two-week lows near 97.50 amid an improved sentiment around the risk complex despite unabated uncertainty on the trade front and further fireworks surrounding the Trump-Powell crisis.
EUR/JPY pauses as US trade negotiations continue, ECB decision nears
The Euro (EUR) is trading in a tight range against the Japanese Yen (JPY) on Tuesday as trade tensions between the United States and its key partners remain a central focus.
Dow Jones Industrial Average grapples with tech backslide
The Dow Jones Industrial Average (DJIA) remains trapped in consolidation around the 44,400 region on Tuesday. Earnings week is in full swing, and a few key misses on Tuesday gave investors cause for pause, twisting a kink into the tech rally and dragging down key blue chips.
Trump blames housing problems on Fed's Powell not cutting rates
United States (US) President Donald Trump took the opportunity to lash out further at Federal Reserve (Fed) Chair Jerome Powell on Tuesday during a meeting with Philippines President Bongbong Marcos.
Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy