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India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Friday, according to data compiled by FXStreet.
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EUR/USD hovers near 1.1400 ahead of Eurozone HICP, US Nonfarm Payrolls
EUR/USD remains steady after mild gains registered in the previous session, trading around 1.1420 during the Asian hours on Friday. The pair holds ground ahead of the Eurozone Harmonized Index of Consumer Prices (HICP) data due later in the day.
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GBP/USD holds below 1.3200 ahead of US NFP data
The GBP/USD pair extends the decline to near 1.3195 during the Asian trading hours on Friday. The Pound Sterling (GBP) edges lower against the Greenback due to rising expectations of the Bank of England (BoE) rate cut next week.
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Gold price flat lines above one-month low as traders seem reluctant ahead of US NFP report
Gold price (XAU/USD) trades with a negative bias below the $3,300 mark during the Asian session on Friday and remains well within striking distance of a one-month low touched earlier this week.
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US President Trump: Open to tariff discussions with Canada
Speaking to NBC News on Thursday, US President Donald Trump said, "I'm open to discussions" with Canada.
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WTI remains subdued below $69.00 amid potential impact of upcoming US tariffs on economy
West Texas Intermediate (WTI) Oil price extends its losses for the second successive session, trading around $68.70 per barrel during the Asian hours on Friday.
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Japanese Yen refreshes multi-month low against USD; seems vulnerable ahead of US NFP
The Japanese Yen (JPY) touches a fresh four-month low against its American counterpart during the Asian session on Friday and seems vulnerable to weaken further.
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NZD/USD extends the decline to below 0.5900 on downbeat Chinese PMI data, renewed trade tensions
The NZD/USD pair extends its downside to around 0.5880 during the early Asian trading hours on Friday. The New Zealand Dollar (NZD) softens against the US Dollar (USD) amid escalating trade tension between the United States (US) and China.
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Australian Dollar loses ground following China's dismal PMI
The Australian Dollar (AUD) edges lower on Friday, continuing its seven-day losing streak. The AUD/USD pair remains steady following the release of economic figures from Australia and its close trading partner, China.
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China pauses US-bound corporate investment amid escalating trade tensions - Nikkei
During trade talks between the world's two biggest economies, China has halted outbound investments for firms seeking to establish or expand operations in the United States (US), Nikkei Asia reported on Friday.
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China's Caixin Manufacturing PMI declines to 49.5 in July vs. 50.3 expected
China's Caixin Manufacturing Purchasing Managers' Index (PMI) eased to 49.5 in July from 50.4 in June, according to the latest data released on Friday.
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Japan's Kato says he is alarmed over FX trend, driven by speculative move
Japanese Economy Minister Ryosei Akazawa on Friday alarmed over the foreign exchange (FX) moves, including those driven by speculators. Akazawa further stated that he will need to closely monitor the impact of US tariffs on exports.
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PBOC sets USD/CNY reference rate at 7.1496 vs. 7.1494 previous
On Friday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1496 as compared to the previous day's fix of 7.1494 and 7.2033 Reuters estimate.
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Japan's Akazawa urges caution on interest rates, calls for US tariff relief
Japanese Economy Minister Ryosei Akazawa said on Friday that the government acknowledges the Bank of Japan's (BoJ) decision to hold interest rates steady at its July meeting on Thursday.
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Gold Price Forecast: XAU/USD holds losses below $3,300 as Trump sets baseline tariff rate of 10%
The Gold price (XAU/USD) trades in negative territory near $3,285 during the early Asian trading hours on Friday. The precious metal loses ground amid the rebound in the US Dollar (USD) after US President Donald Trump announces fresh tariff deals with trade partners.
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USD/CHF climbs to near 0.8150 as Trump hits Switzerland with a 39% tariff rate
The USD/CHF pair gathers strength to near 0.8145 during the early Asian session on Friday. The Swiss Franc (CHF) weakens against the US Dollar (USD) after the US President Donald Trump set a 39% tariff on goods from Switzerland.
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US President Donald Trump keeps minimum reciprocal tariff at 10% - Bloomberg
The White House stated that US President Donald Trump will keep minimum global tariff rates at 10%, resisting prior suggestions he could raise the floor to 15% or higher, Bloomberg reported late Thursday.
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USD/CAD gathers strength above 1.3850 as Trump raises tariff on Canada to 35%
The USD/CAD pair edges higher to near 1.3855 during the early Asian session on Friday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after US President Donald Trump raised Canada's tariff to 35%. The US Nonfarm Payrolls (NFP) for July will take center stage later on Friday.
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EUR/USD steadies near 1.1400 as hot US data supports Fed hold, eyes on NFP
The EUR/USD recovered some ground on Thursday, up a modest 0.10% after data from the United States (US) revealed a strong economy, justifying the Federal Reserve's reluctance to reduce rates, as witnessed on Wednesday. AT the time of writing, the pair trades at 1.1417, virtually unchanged.
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US President Donald Trump signs an order raising tariff rate on Canada from 25% to 35%
The White House announced late Thursday that US President Donald Trump has signed an Executive Order increasing the tariff on Canada from 25% to 35%, with the higher tariff set to take effect on August 1, 2025.
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