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US President Donald Trump says he has completed a 'massive deal' with Japan

US President Donald Trump said early Wednesday that the United States (US) has a trade deal with Japan.

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USD/CAD extends the decline to near 1.3600 as Trump's tariff deadline looms

The USD/CAD pair extends its downside to around 1.3605 during the early Asian session on Wednesday.

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GBP/USD continues bullish bounce as Greenback continues to weaken

GBP/USD rose for a second straight day on Tuesday, lifted by a general weakening in global Greenback markets.

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Silver Price Forecast: XAG/USD hits 14-year high above $39.25

Silver price rally continued during the week, posting gains of over 0.94% on Tuesday and reaching 14-year highs, levels last seen in September 2011. At the time of writing, XAG/USD trades at $39.25.

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EUR/USD climbs above 1.1740 as risk appetite pressures Dollar, ECB in focus

EUR/USD remains above the 20-day Simple Moving Average (SMA) of 1.1704, trading with gains of over 0.50% due to an improvement in risk appetite weighing on the US Dollar, even though fears that the European Union (EU) and the United States (US) might fail to reach a deal before the August 1 deadline

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Canadian Dollar climbs as Greenback losses pile on

The Canadian Dollar (CAD) caught another breather on Tuesday, gaining ground against the weakening US Dollar (USD) and extending into its third straight day of firm gains. The Loonie is up around 1.25% against the Greenback from last week's lows, pushing the USD/CAD pair down to the 1.3600 handle.

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AUD/USD extends gains as Fed uncertainty threatens the US Dollar ahead of Australian PMI data

The Australian Dollar (AUD) is extending its climb against the US Dollar (USD) on Tuesday as a softer Greenback and a slightly more balanced tone from the Reserve Bank of Australia (RBA) support the upside move. 

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Gold surges to 5-week high as US yields slide, trade uncertainty boosts safe-haven demand

Gold price extended its rally to two consecutive days on Tuesday, rising by over 0.9% as US Treasury yields continued their decline, weakening the US Dollar as traders await fresh news regarding new trade deals from the United States.

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Canadian PM Carney: Working a deal with Trump, will keep talking to non-US allies

Canadian Prime Minister Mark Carney noted on Tuesday that while the Canadian government is still open to further trade discussions with the US, Canada will still be pursuing active negotiations with allies outside of the US.

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Forex Today: Trade, Fed's independence remains in the driver's seat

The Greenback accelerated its decline on Tuesday, slipping back to two-week lows near 97.50 amid an improved sentiment around the risk complex despite unabated uncertainty on the trade front and further fireworks surrounding the Trump-Powell crisis.

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EUR/JPY pauses as US trade negotiations continue, ECB decision nears

The Euro (EUR) is trading in a tight range against the Japanese Yen (JPY) on Tuesday as trade tensions between the United States and its key partners remain a central focus.

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Dow Jones Industrial Average grapples with tech backslide

The Dow Jones Industrial Average (DJIA) remains trapped in consolidation around the 44,400 region on Tuesday. Earnings week is in full swing, and a few key misses on Tuesday gave investors cause for pause, twisting a kink into the tech rally and dragging down key blue chips.

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Trump blames housing problems on Fed's Powell not cutting rates

United States (US) President Donald Trump took the opportunity to lash out further at Federal Reserve (Fed) Chair Jerome Powell on Tuesday during a meeting with Philippines President Bongbong Marcos.

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GBP/USD edges higher despite soaring UK borrowing as Dollar slips further

The GBP/USD advances modestly during the North American session as the US dollar extends its losses for two straight days, despite data showing that UK government borrowing soared in June. At the time of writing, the pair trades at 1.3504 up 0.12%.

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EUR/USD tests key resistance as US-EU trade talks reach critical juncture and ECB decision nears

EUR/USD is trading marginally higher on Tuesday as investors continue to monitor developments in trade and economic policy.

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USD/JPY dips as attention shifts to US-Japan trade talks

The Japanese Yen (JPY) is extending gains against the US Dollar (USD) on Tuesday. Investors are closely monitoring high-level US-Japan trade talks and assessing recent developments in Japan's domestic politics.

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US Treasury Sec. Bessent: Nothing tells me Powell should step down right now

In an interview with Fox Business Network on Tuesday, United States (US) Treasury Secretary Scott Bessent said that Federal Reserve Chairman Jerome Powell's term end in May and added that there is nothing that tell him Powell should step down right now, per Reuters.

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The US Dollar Index treads water below 98.00

The Greenback, when tracked by the US Dollar Index (DXY), alternates gains with losses in the lower end of the weekly range below the 98.00 support amid another day of generalised weakness in US yields.

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Saudi Arabia exported more crude Oil and Oil products in May - Commerzbank

Saudi Arabia exported just under 6.2 million barrels of crude Oil per day in May, according to data from the Joint Official Data Initiative (JODI), Commerzbank's commodity analyst Carsten Fritsch notes.

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China imports significantly more (Iranian) Oil from Malaysia - Commerzbank

China published detailed data on crude Oil imports in June on Monday. Of the total 49.9 million tons, Russia accounted for 8.35 million tons and Saudi Arabia for 7.9 million tons, Commerzbank's commodity analyst Carsten Fritsch notes.

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