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Positive USD sentiment fades - Scotiabank
Positive US Dollar (USD) sentiment seen so far in July (which largely reflects short-covering demand after the USD's rapid slide in the first half of the year) may be stalling out, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
AUD/USD: Likely to consolidate in a range of 0.6475/0.6535 - UOB Group
Australian Dollar (AUD) is likely to consolidate in a range of 0.6475/0.6535 against US Dollar (USD). In the longer run, downward momentum has built further, but AUD may consolidate first before attempting to break below 0.6455, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD: Was that it? - Commerzbank
The trade-weighted US Dollar (USD) has been up 1.6% since the beginning of the month. Against the Euro (EUR), it is slightly less, but yesterday it did manage to temporarily reach 1.15 again.
USD/CHF retreats to levels near 0.8000 on broad-based Dollar weakness
The US Dollar is paring previous gains against the Swiss Franc on Friday, retreating from three-week highs at 0.8060 and approaching the 0.8000 psychological level.
Dow Jones futures edge higher on upbeat Netflix's earnings, Michigan sentiment data eyed
Dow Jones futures trade marginally higher during the European trading session, extend its winning streak for the third trading day on Friday. United States (US) equities are buoyed by strong second-quarter earnings show from the streaming platform company Netflix.
GBP/USD: Likely to trade in a higher range of 1.3390/1.3465 - UOB Group
Further consolidation seems likely; the firmer underlying tone suggests a higher range of 1.3390/1.3465.
USD/JPY hesitates around 148.60 with the US Dollar and the Yen on the defensive
The Dollar is trading in a choppy and volatile manner against the Japanese Yen.
DXY: Signs of exhaustion - OCBC
US Dollar (USD) was a touch softer this morning on comments from Fed's Waller. DXY was last at 98.37 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD: Momentum can build - ING
The dollar index is on track for a second consecutive week of gains, having rallied over 2% since the 1 July low of 96.50.
USD/JPY: Upper house election Sunday - OCBC
Recent polls by Nikkei, Kyodo, Asahi shows LDP-Komeito coalition is at risk of losing Upper House election. USD/JPY last seen at 148.58, OCBC's FX analysts Frances Cheung and Christopher Wong note.
US Gas stable on expected storage build - Societe Generale
US natural Gas prices held steady after EIA data showed a storage build in line with expectations, while European prices slipped as Norwegian supply disruptions eased. Despite earlier support from outages, improving UK grid flows weighed on the TTF.
USD/CAD trades lower around 1.3720 as US Dollar retraces
The USD/CAD pair is down 0.25% to near 1.3725 during the European trading session on Friday. The Loonie pair faces a slight selling pressure as the US Dollar (USD) retraces after failing to extend its two-week rally.
Oil: Middle distillate tightness persists - ING
Oil prices firmed yesterday despite a recovery in the USD amid waning concern that President Trump may remove Federal Reserve Chairman Jerome Powell from his position. Some fairly supportive US macro data also supported the Oil.
Silver Price Forecast: XAG/USD rallies to $38.40 favoured by a softer US Dollar
Silver (XAG/USD) is rallying for the third consecutive day on Friday, with bulls testing July 15 highs of 38.40 at the time of writing, as the US Dollar falls alongside US Treasury yields amid higher risk appetite.Corporate earnings reports from Netflix, the Chipmaker TSMC, PepsiCo, and United Airli
JPY: Sunday's vote could send USD/JPY above 150 - ING
Japan's upper house election on Sunday has turned into a pivotal event for JGBs and the Japanese Yen (JPY), ING's FX analyst Francesco Pesole notes.
AUD/USD: Pullback found support at 50DMA - OCBC
Australian Dollar (AUD) managed to claw back earlier losses as USD backpedalled on comments from Fed's Waller. AUD was last at 0.6518, OCBC's FX analysts Frances Cheung and Christopher Wong note.
EUR/USD: Likely to trade in a sideways range of 1.1585/1.1655 - UOB Group
Slowing momentum suggests that instead of continuing to weaken, Euro (EUR) is more likely to trade in a sideways range of 1.1585/1.1655 against US Dollars (USD).
EUR: EU Commission budget likely to be watered down - ING
The EU Commission's EUR 2tn budget proposal has continued to face harsh criticism from Germany, ING's FX analyst Francesco Pesole notes.
Silver price today: Silver rises, according to FXStreet data
Silver prices (XAG/USD) rose on Friday, according to FXStreet data.
AUD/USD advances further beyond 0.6500 amid notable USD weakness
The AUD/USD pair is building on the previous day's bounce from the vicinity of mid-0.6400s, or a three-and-a-half-week trough, and gaining strong follow-through positive traction on Friday.
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