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WTI falls to near $65.50 as prevailing trade tensions boost demand concerns
West Texas Intermediate (WTI) Oil price extends its losses for the third successive session, trading around $65.50 during European hours on Tuesday. The price of the black gold depreciates as ongoing trade tensions boost fears about the demand outlook.
USD/JPY extends its recovery, nearing 148.00 with trade talks on focus
The US Dollar is trading higher against the Japanese Yen on Tuesday as the market digests the results of last week's elections in Japan and shifts the focus back to the uncertain trade relationship between both countries.The Yen reacted positively to the election results, as the defeat of the ruling
NZD/USD Price Forecast: Slumps below 0.5950 as antipodeans underperform
The NZD/USD pair trades almost 0.4% lower to near 0.5940 during the European trading session on Tuesday.
Pound Sterling trades calmly against US Dollar as investors await updates on US tariffs
The Pound Sterling (GBP) trades broadly sideways against the US Dollar (USD) around 1.3470 during the European trading session on Tuesday. The GBP/USD pair ticks down slightly as the US Dollar gains ground after Monday's corrective move.
EUR/USD holds gains amid US-EU trade uncertainty
The EUR/USD pair is trading with minor losses on Tuesday, consolidating most of the gains taken during the previous two trading days.
Forex Today: US Dollar struggles to recover as Trump-Powell feud escalates
Here is what you need to know on Tuesday, July 22:
USD/CAD Price Forecast: Tests nine-day EMA barrier near 1.3700
USD/CAD gains ground after two days of losses, trading around 1.3690 during the early European hours on Monday. However, the bearish bias persists as the daily chart's technical analysis indicates that the pair moves sideways within the descending channel pattern.
EUR/GBP strengthens above 0.8675, traders brace for ECB rate decision
The EUR/GBP cross edges higher to near 0.8675 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) is expected to hold the interest rate steady at its July meeting on Thursday.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $65.31 per barrel, down from Monday's close at $65.68.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $68.05 after its previous daily close at $68.39.
FX option expiries for Jul 22 NY cut
FX option expiries for Jul 22 NY cut at 10:00 Eastern Time via DTCC can be found below.
Silver Price Forecast: XAG/USD ticks down to near $38.80, stays close to multi-decadal highs
Silver price (XAG/USD) edges lower to near $38.80 during the early European session on Tuesday. Still, the white metal is close to its decadal high around $39.00.
EUR/JPY Price Forecast: Constructive outlook in place above 172.50
The EUR/JPY cross gains traction to around 172.60 during the early European session on Tuesday.
USD/INR opens higher on foreign funds outflow, delay in US-India trade deal
The Indian Rupee (INR) opens on a negative note against the US Dollar (USD) on Tuesday. The USD/INR pair extends its winning streak for the fourth trading day, trades higher close to a four-week high around 86.50.
GBP/USD edges lower below 1.3500 as uncertainty deepens ahead of August 1 tariff deadline
GBP/USD inches lower after registering more than 0.5% gains in the previous session, trading around 1.3480 during the Asian hours on Tuesday.
USD/CHF softens to below 0.8000 as tariff uncertainty continues
The USD/CHF pair trades with mild losses near 0.7980 during the Asian trading hours on Tuesday, pressured by a weaker US Dollar (USD) and lower Treasury yields. Investors remain cautious ahead of the US deadline of August 1 for countries to strike trade deals with the US or face more tariffs.
A limited trade deal between US and India unlikely before August 1 - Reuters
A mini trade deal between India and the United States (US) is reportedly unlikely before the August 1 deadline, per Reuters.
Gold price remains below $3,400, potential upside on trade-related anxiety
Gold price (XAU/USD) edges lower on Tuesday after two days of gains. However, the price of the safe-haven metal may appreciate due to prevailing uncertainty ahead of US President Donald Trump's August 1 tariff deadline.
India Gold price today: Gold falls, according to FXStreet data
Gold prices fell in India on Tuesday, according to data compiled by FXStreet.
Japan's Akazawa says continuing to seek common ground on tariff issues with US
Japan's top trade negotiator, Ryosei Akazawa, said on Tuesday that he met US Commerce Secretary Howard Lutnick for two hours in Washington on Monday.
EUR/USD holds onto gains near 1.1700 amid US-EU trade tensions
The EUR/USD pair clings to gains made on Monday around 1.1700 during the Asian trading session on Tuesday. The major currency pair strengthens as the US Dollar (USD) corrects sharply, following a fresh escalation in trade tensions between the United States (US) and the European Union (EU).
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