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USD/CAD holds steady above 1.3700 as tariff uncertainty lingers
The USD/CAD pair trades on a flat note near 1.3725 during the early Asian session on Monday.
NZD/USD holds losses around 0.5950 following PBoC decision, New Zealand's CPI data
NZD/USD lost ground following the disappointing New Zealand inflation data for the second quarter, trading around 0.5940 during the Asian hours on Monday. Traders may adopt caution ahead of the New Zealand Trade Balance data, due on Tuesday.
PBOC sets USD/CNY reference rate at 7.1522 vs. 7.1498 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1522 as compared to Friday's fix of 7.1498.
PBOC leaves Loan Prime Rates unchanged in July
The People's Bank of China (PBOC), China's central bank, announced to leave its Loan Prime Rates (LPRs) unchanged on Monday. The one-year and five-year LPRs were at 3.00% and 3.50%, respectively.
GBP/USD consolidates around 1.3400, remains close to two-month low
The GBP/USD pair kicks off the new week on a subdued note and oscillates in a narrow band, just above the 1.3400 round figure during the Asian session. Meanwhile, spot prices remain well within striking distance of a nearly two-month low touched last week.
Gold Price Forecast: XAU/USD trades with mild gains near $3,350 on tariff uncertainty
The Gold price ( XAU/USD) trades with mild gains near $3,350 during the early Asian session on Monday. Uncertainty around trade talks is likely to support Gold's safe-haven demand as a tariff deadline with the US looms.
AUD/USD flat lines near 0.6500 ahead of PBoC rate decision
The AUD/USD pair holds steady near 0.6505 during the early Asian session on Monday. Rising US tariff risks could weigh on the China-proxy Aussie as a tariff deadline with the US looms. Investors brace for the People's Bank of China (PBoC) interest rate decision later on Monday.
Japan's Ishiba vows to stay on after election setback - Bloomberg
Japanese Prime Minister Shigeru Ishiba said he intended to stay on even as his ruling coalition is certain to lose control of the upper house in Sunday's election, per Bloomberg.
New Zealand's CPI inflation rises to 2.7% YoY in Q2 vs. 2.8% expected
New Zealand's Consumer Price Index (CPI) climbed 2.7% YoY in the second quarter (Q2) of 2025, compared with the 2.5% increase seen in the first quarter, according to the latest data published by Statistics New Zealand on Monday. The market consensus was for a growth of 2.8% in the reported period
EUR/USD gains as Fed's Waller supports July rate cut, US sentiment improves
The EUYR/USD finished Friday's session with gains of over 0.26% amid a weaker US Dollar, following dovish comments by Fed Governor Christopher Waller, which weighed on US Treasury yields.
US President Trump: Pushes for 15% to 20% minimum duties on all EU goods - FT
According to the Financial Times, the US President Donald Trump has escalated his demands to the European Union (EU), eyeing at least a minimum tariff of 15% to 20% in a deal with the Eurozone, revealed three people briefed on talks.
Silver Price Forecast: XAG/USD consolidates below multi-year highs
Silver (XAG/USD) is treading water on Friday, with spot prices hovering near $38.25 after marking a fresh 14-year high of $39.13 earlier this week.
Gold price rises past $3,350 on Waller's dovish comments, soft US Dollar
Gold price advances during the North American session on Friday as the US Dollar weakens, with traders booking profits ahead of the weekend. Additionally, a Fed Governor's comments turned more dovish than expected, supporting a rate cut in July.
NZD/USD rises as markets brace for New Zealand CPI and weigh potential Fed dovish tilt
The New Zealand Dollar (NZD) is strengthening against the US Dollar (USD) on Friday as investors reposition expectations of US interest rates and look ahead to New Zealand's upcoming inflation data.
USD/JPY at critical juncture with Japan's political risk and monetary policy in focus
The Japanese Yen (JPY) is trading in a narrow range against the US Dollar on Friday, with monetary policy and political factors influencing the pair.
Australian Dollar rebounds as US Dollar softens
The Australian Dollar (AUD) is recovering lost ground on Friday after a sharp sell-off on Thursday, which was fueled by weaker-than-expected jobs data. The rebound is supported by a softer US Dollar and a rise in Australia's 10-year government bond yield, which is easing pressure on the Aussie.
Dow Jones Industrial Average bolstered by consumer sentiment despite earnings declines
The Dow Jones Industrial Average (DJIA) wobbled on Friday, testing fresh weekly highs on consumer sentiment and inflation expectations data. However, the Dow backslid after earnings misses in key overweight companies dragged the index sharply lower to round out the trading week.
GBP loses ground to EUR amid growth concerns - Rabobank
The Pound Sterling's (GBP) struggle to keep pace with the Euro (EUR) this year reflects a shift in market optimism in favour of Germany and the Eurozone. Chancellor Reeves will no doubt be joining businesses in celebrating if the BoE do lower rates again in August.
USD/CAD pressured as Fed Waller's dovish stance impacts US Dollar
The Canadian Dollar (CAD) is trading higher against the US Dollar (USD) on Friday as markets focus on dovish comments from Fed Governor Waller.
GBP/USD edges higher as UK jobs data eases BoE pressure, Fed doves resurface
The GBP/USD rises on Friday during the North American session, up by 0.21% amid a scarce economic docket in both sides of the Atlantic. Soft data announced in the United States (US) slightly boosted the Greenback, though the pair trades at 1.3442 after hitting a daily low of 1.3406.
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