Show:
HUF: Markets are looking for new impetus - ING
As anticipated, yesterday's meeting of the National Bank of Hungary did not introduce any significant new developments, ING's FX analyst Chris Turner notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Wednesday, according to FXStreet data.
Yen gains capped by politics - ING
Japanese markets are showing signs of strength, but political uncertainty is capping yen gains. Despite bullish signals from equities and rates, USD/JPY remains stuck near 147, ING's FX analyst Chris Turner notes.
JPY: Deal and possible snap elections - Commerzbank
The Japanese yen is virtually unchanged this morning. However, this is not due to a lack of news. Rather both sides seem to be roughly balancing each other out, Commerzbank's FX analyst Volkmar Baur notes.
Copper eyes $10,000 level again - ING
LME Copper is nearing $10,000/t again, as the metal did earlier this month, on signs of improving demand in China. Prices surged past $9,920/t in yesterday's trading.
USD: Bessent's call for a Fed review - Commerzbank
It was just a brief dip below the 1.16 mark last week. Early this morning, EUR-USD is trading almost 2 cents higher around 1.1740.
EU Gas prices steady - ING
European natural Gas prices steadied after last week's decline, as supply concerns eased with improved Norwegian flows. However, firm price support may still be needed to secure LNG ahead of next winter, Société Générale's FX analysts note.
EUR/USD: Chance to rise above 1.1765 - UOB Group
There is potential for Euro (EUR) to rise above 1.1765 against US Dollar (USD); overbought conditions suggest it might not be able to hold above this level.
USD: Trade deals are good news for risk assets - ING
Equity markets are trading higher around the world on news that President Trump has announced a trade deal between the US and Japan, ING's FX analyst Chris Turner notes.
USD/CHF remains above 0.7900 as US Dollar steadies due to positive trade developments
USD/CHF holds ground after registering losses in the previous three successive sessions, trading around 0.7920 during the European hours on Wednesday. The pair holds ground as the US Dollar (USD) remains steady amid improving market sentiment, driven by latest trade developments.
USD/CAD returns below 1.3600, with YTD lows, at 1.3540 coming into view
The US Dollar extends its decline for the fourth consecutive day, with the Canadian Dollar supported by a brighter market mood, as the trade deal between the US and Japan provided some certainty about the outlook of global trade and boosted hopes of more such deals.USD/CAD has extended its downtrend
Oil surplus and time spreads - ING
Oil prices edged lower yesterday with ICE Brent settling 0.9% lower on the day amid concerns over tariffs, with the 1 August deadline fast approaching.
DXY: Quietly coming off - OCBC
US Dollar (USD) fell further overnight amid continued decline in UST yields. DXY was last at 97.42 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Nikkei breakout holds - Société Générale
The Nikkei 225 has confirmed a bullish breakout above its multi-month range, powered by an inverse head and shoulders pattern. Momentum remains strong, with targets set near last year's highs and beyond, Société Générale's FX analysts note.
EUR: Quietly bid on the day - ING
It did not take a lot for EUR/USD to push through last week's 1.1720 high, a move we had not been expecting, ING's FX analyst Chris Turner notes.
China developer survey: Tier 3 cities left behind - Standard Chartered
CDSI retreated to 48.7 in H2 mainly due to a sharp sentiment deterioration in Tier 3 cities. Developers in Tier 1 and 2 cities remain optimistic on sales and new home prices in these cities in H2.
Silver Price Forecast: XAG/USD stalls below $39.40 long-term highs amid higher appetite for risk
Silver (XAG/USD) is trading within a tight range at multi-year highs above $39.15 in the early European session on Wednesday.
Dow Jones futures rise in response to positive developments on trade negotiations
Dow Jones Futures rises ahead of the US market opening on Wednesday, trading around 44,850, up by 0.32%, during European hours. Meanwhile, S&P 500 Futures are up by 0.28% to 6,360, and Nasdaq 100 Futures appreciate 0.13% to trade near 23,250.
Forex Today: Mood improves as US reaches trade deal with Japan
Here is what you need to know on Wednesday, July 23:
EUR/USD retreats from highs amid a stronger US Dollar, tariff deadline fears
The EUR/USD pair is trading lower on Wednesday, giving away some gains following a 1.3% rally over the last three days.
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