USD/JPY: Dollar Benefits from Safe Haven Demand
Monday's acceleration penetrated daily cloud (spanned between 144.74 and 145.54) with cloud top being under increased pressure, after bulls broke through double-Fibo barriers at 145.35/38 (50% of 148.64/142.11/50% of 148.02/142.68).
Source: actionforex.com
Published (UTC): 2025-07-07 13:27:38
Gold (XAUUSD) Price Forecast: Dollar Strength Drives Gold Below 50-Day Moving Average
Gold breaks below 50-day MA as dollar gains and Fed hawkishness weigh. Traders watch $3,244 and $3,136 for next gold price forecast levels.
Source: fxempire.com
Published (UTC): 2025-07-07 12:54:11
USDINR Prediction: An Extended Upside As Trump BRICS Tariff Threat Ruffles Markets
USDINR is on course to register the biggest daily gain in weeks, with the momentum gaining steam as the US threatens new tariffs.
Source: investingcube.com
Published (UTC): 2025-07-07 12:31:54
Tariff Extensions and Their Impact on Gold Price
While gold and miners verified their breakdowns, the USD Index appears to have bottomed in tune with its monthly turning point.
Source: fxempire.com
Published (UTC): 2025-07-07 12:29:56
USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion
USD/CHF advances beyond 0.7970 with US tariffs boosting risk aversion
Source: fxstreet.com
Published (UTC): 2025-07-07 12:06:10
USD/JPY jumps to near 145.40 as US trade jitters resurface
The USD/JPY pair gains sharply to near 145.45 during the European trading session on Monday, the highest level seen in a week. The pair strengthens as the US Dollar (USD) trades firmly, with investors awaiting the name of likely countries that will receive letters from United States (US) President Donald Trump, specifying reciprocal tariffs.
Source: fxstreet.com
Published (UTC): 2025-07-07 11:35:21
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Monday, according to FXStreet data. Silver trades at $36.55 per troy ounce, down 1.06% from the $36.94 it cost on Friday.
Source: fxstreet.com
Published (UTC): 2025-07-07 11:31:56
GBP/JPY treads water near 197.50 following UK house prices, Japan's wage data
GBP/JPY remains steady after experiencing volatility, trading around 197.30 during the European hours on Monday. The currency cross holds ground following the UK Halifax House Prices data, which climbed 2.5% year-over-year in June, against the 2.6% rise in May.
Source: fxstreet.com
Published (UTC): 2025-07-07 11:05:21
AUD/USD extends losses below 0.6500 as investors rush for safety
Risk aversion is driving markets on Monday, as markets brace for the reintroduction of April's “Liberation Day” tariffs and the Aussie Dollar dives on a mix of fears of higher levies on exports to the US and a generalised disruption of global trade. Australia's economy is strongly dependent on international trade, and the uncertainty about the global trade outlook is hurting confidence in its currency.
Source: fxstreet.com
Published (UTC): 2025-07-07 10:47:00
Pound to Dollar Exchange Rate Week Ahead Forecast: Correction Towards 1.35
Looking forward, economic data is thin on the ground for the first half of this week's session, leaving investors to focus on Donald Trump's upcoming tariff deadline. On Wednesday, any countries with which the US has not agreed a new trade deal will be subject to unilateral ‘reciprocal' tariffs.
Source: exchangerates.org.uk
Published (UTC): 2025-07-07 10:30:00
Pound Canadian Dollar Exchange Rate Forecast: UK GDP, Canada Jobs Next
Looking ahead to this week, the Pound Canadian Dollar exchange rate (GBP/CAD) will likely be driven by the release of some UK and Canadian data, scheduled for release at the end of the week. Attention for GBP traders will centre on the UK's monthly GDP figures for May.
Source: exchangerates.org.uk
Published (UTC): 2025-07-07 10:30:00
GBP/AUD Weekly Forecast: Pound Price Undermined vs Aussie by UK Political Tensions
Looking ahead, the primary catalyst of movement for the Pound Australian Dollar exchange rate this week will likely be the publication of the Reserve Bank of Australia (RBA)'s latest interest rate decision. Expected on Tuesday, the Australian central bank is forecast to cut rates by 25-basis points, from 3.85% to 3.60%.
Source: exchangerates.org.uk
Published (UTC): 2025-07-07 10:30:00
Pound New Zealand Dollar Exchange Rate Forecast: GBP Slips vs NZD on UK Political Jitters
As we look towards this week, the Pound New Zealand (GBP/NZD) exchange rate will likely be influenced by the Reserve Bank of New Zealand (RBNZ)'s upcoming interest rate decision, scheduled for release on Wednesday. The central bank is widely expected to reveal a 25-basis point interest rate cut, reducing the interest rate from 3.25% to.
Source: exchangerates.org.uk
Published (UTC): 2025-07-07 10:30:00
Silver Price Forecast: XAG/USD tests $36.50 near nine-day EMA support
Silver price (XAG/USD) edges lower after halting a three-day winning streak, trading around $36.50 per troy ounce, down by more than 1%, during the European hours on Monday. The technical analysis of the daily chart suggests the price of the precious metal remains within an ascending channel pattern, indicating a bullish bias is prevailing.
Source: fxstreet.com
Published (UTC): 2025-07-07 10:28:54
China gold reserves rise for eigth straight month
The latest data shows that China's gold reserves at the end of June were at 73.90 million ounces, up from 73.83 million ounces at the end of May. In value terms, the reserves at the end of June amount to $242.93 billion compared to $241.99 billion at the end of May.
Source: forexlive.com
Published (UTC): 2025-07-07 10:04:52
GBP/USD Dips as EUR/GBP Accelerates Higher
On the hourly chart of GBP/USD at FXOpen, the pair failed to stay above the 1.3750 pivot level. As a result, the British Pound started a fresh decline below 1.3720 against the US Dollar.
Source: actionforex.com
Published (UTC): 2025-07-07 10:00:29
EUR/GBP holds ground near 0.8650 ahead of Eurozone Retail Sales data
EUR/GBP continues to gain ground for the second successive session, trading around 0.8630 during the European hours on Monday. The currency cross receives support following Germany's improved Industrial Production data release.
Source: fxstreet.com
Published (UTC): 2025-07-07 09:56:29
EUR/USD Analysis: US Dollar Strengthens at the Start of the Week
On 2 July, on the EUR/USD chart, we noted that the rally—during which the pair had gained more than 6% since mid-May—was under threat, citing several technical signals, including:
Source: actionforex.com
Published (UTC): 2025-07-07 09:53:00
EUR/USD turns lower in risk-off markets as US trade tariffs loom
EUR/USD turns lower in risk-off markets as US trade tariffs loom
Source: fxstreet.com
Published (UTC): 2025-07-07 09:46:07
NZD/USD reversal extends to 0.6000 amid a sour market sentiment
Risk aversion is driving markets on Monday as Trump prepares letters informing trade partners of the tariffs on their products. The sentiment and trade-sensitive New Zealand Dollar has accelerated its reversal from last week's high, at 0.6120, and is testing the 0.6000 psychological level at the time of writing.
Source: fxstreet.com
Published (UTC): 2025-07-07 09:39:46