EUR/JPY retreats from YTD high amid trade tensions and overbought signals
The Euro (EUR) is slipping against the Japanese Yen (JPY), easing from its recent year-to-date high of 172.28 reached on Wednesday amid fresh concerns over potential US tariffs targeting Japan.
Source: fxstreet.com
Published (UTC): 2025-07-09 15:13:39
Gold News: Bears Press as Dollar Strength and Tariffs Hit Gold Prices
Gold prices slip as tariff threats, higher yields, and a strong dollar weigh on XAU/USD. Traders watch Fed minutes as gold's bearish bias holds below pivot.
Source: fxempire.com
Published (UTC): 2025-07-09 14:49:45
Silver Price Forecast: XAG/USD falls for third straight day, pressured by firm US Dollar
Silver (XAG/USD) is trading near $36.40 on Wednesday, marking its third consecutive daily decline, as a stronger US Dollar and rising US Treasury yields continue to pressure precious metals. The metal is easing slightly on the day after failing to build on its modest overnight rebound, but remains within a tight consolidation range, just below its recent 13-year highs.
Source: fxstreet.com
Published (UTC): 2025-07-09 14:48:34
GOLD – Bears Tighten Grip and Probe Again into Daily Cloud
Bears probe again through pivotal support at $3300 (psychological / rising daily cloud top) in attempts to sustain break lower, after cloud contained several attacks recently.
Source: actionforex.com
Published (UTC): 2025-07-09 14:16:07
USD/CAD: Risks easing a little more from a technical point of view – Scotiabank
The Canadian Dollar (CAD) remains pinned back to near its recent lows against the US Dollar (USD) in the upper 1.36s, where the USD has camped out for most of the week so far, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Source: fxstreet.com
Published (UTC): 2025-07-09 14:00:54
EUR/USD drifts closer to weekly lows on cautious markets, ahead of the FOMC Minutes
The EUR/USD pair is posting moderate losses on Wednesday, nearing the bottom of the weekly range, as investors remain wary of risk after US President Donald Trump announced new tariffs on copper and pointed to significant restrictions on pharmaceuticals.
Source: fxstreet.com
Published (UTC): 2025-07-09 14:00:20
USD/CNH: Chance to rise above 7.1900 – UOB Group
There is a chance for US Dollar (USD) to rise above 7.1900 against Chinese Yuan (CNH), but it might not be able to maintain a foothold above this level. In the longer run, increasing momentum suggests USD may rise, but it is too early to expect 7.2000 to come into view, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Source: fxstreet.com
Published (UTC): 2025-07-09 13:58:16
USD/JPY: Any advance may be limited to 147.20 – UOB Group
Strong momentum is likely to continue to outweigh overbought conditions, but any advance may be limited to 147.20. In the longer run, US Dollar (USD) outlook remains positive against Japanese Yen (JPY); the next levels to watch are 147.20 and 147.60, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Source: fxstreet.com
Published (UTC): 2025-07-09 13:50:53
EUR/GBP Price Forecast: Sideways trading with key support at 0.8600 in focus
The Euro is trading with a moderate bearish bias on Wednesday, although still within the last few days' range. The lack of progress on the trade talks with the US is weighing on the common currency, although the positive comments from European negotiators keep hopes of a trade deal alive.
Source: fxstreet.com
Published (UTC): 2025-07-09 13:47:38
EUR/USD: There are also the rate differentials – Commerzbank
There is another reason why the USD is struggling to gain ground against the euro: the interest rate differential. The market is now pricing in just under two interest rate cuts by the Fed by the end of the year, but only one by the ECB.
Source: fxstreet.com
Published (UTC): 2025-07-09 13:37:37
EUR/JPY Hits 12-Month High
Since early June, the exchange rate has increased by approximately 5.6%. This upward movement is driven by a combination of factors, including:
Source: actionforex.com
Published (UTC): 2025-07-09 10:48:16
Gold Drops Below $3,300 as Fed Rate Forecasts Shift
Gold prices fell below 3,300 USD per troy ounce on Wednesday, extending losses after a 1% decline the previous day. The downward pressure stemmed from the Federal Reserve's cautious stance, which partially offset concerns over escalating trade tensions.
Source: actionforex.com
Published (UTC): 2025-07-09 10:43:39
Rabobank: Near-Term Dollar Rebound Despite Long-Term EUR/USD Bullish Outlook
The US dollar may continue to find support in the weeks ahead, say analysts at Rabobank, as resilient equity markets, shifting risk sentiment, and global uncertainties combine to strengthen its appeal, despite their 12-month forecast for EUR/USD to rise to 1.20. "The recent improvement in the USD's tone is a catch-up move which follows.
Source: exchangerates.org.uk
Published (UTC): 2025-07-09 10:30:00
Pound to Euro Exchange Rate Forecast: GBP Price Muted following German Data
As we look ahead to Wednesday's European session, movement in the Pound Euro (GBP/EUR) exchange rate is likely to continue to be driven by market appetite for risk, amid a lack of any economic releases from the Eurozone on the UK. Should markets remain buoyant, this is likely to see the GBP/EUR exchange rate continue to hold steady as.
Source: exchangerates.org.uk
Published (UTC): 2025-07-09 10:30:00
Pound US Dollar Exchange Rate Forecast: GBP Flat vs USD as Trump Delays Tariffs
Looking ahead, focus for the GBP/USD exchange rate during Wednesday's European session will likely centre around the Federal Open Market Committee (FOMC)'s latest meeting minutes. Should the committee reiterate its dovish approach to cutting US interest rates, USD exchange rates could gain ground towards the end of Wednesday's.
Source: exchangerates.org.uk
Published (UTC): 2025-07-09 10:30:00
AUD/USD Attempts Fresh Climb as NZD/USD Slips
On the hourly chart of AUD/USD at FXOpen, the pair started a fresh increase above 0.6550. The Aussie Dollar tested the 0.6585 zone before the bears appeared and pushed it lower against the US Dollar.
Source: actionforex.com
Published (UTC): 2025-07-09 09:41:43
GBP/JPY refreshes yearly high near 200.00 on Japanese Yen's continued underperformance
The GBP/JPY pair extends its winning streak for the third trading day on Wednesday. The cross posts a fresh yearly high near 199.85 as the Japanese Yen (JPY) continues to underperform its peers, while United States (US) President Donald Trump imposes 25% tariffs on imports from Japan for failing to close a deal during the 90-day tariff pause.
Source: fxstreet.com
Published (UTC): 2025-07-09 09:27:43
EUR/GBP loses momentum below 0.8650 as traders brace for EU-US deal update
The EUR/GBP cross loses traction to around 0.8620 during the early European session on Wednesday. The Euro (EUR) softens against the Pound Sterling as renewed tariff threats from US President Donald Trump unsettle markets.
Source: fxstreet.com
Published (UTC): 2025-07-09 09:05:11
US Dollar Price Forecast: FOMC Minutes Eyed as Traders Reprice Fed Cuts – GBP/USD and EUR/USD
DXY strengthens on Trump tariff news and rate cut delays. GBP/USD and EUR/USD remain under pressure ahead of FOMC minutes.
Source: fxempire.com
Published (UTC): 2025-07-09 08:35:11
EUR/JPY Price Forecast: Keeps bullish vibe above 172.00, overbought RSI warrants caution for bulls
The EUR/JPY cross extends its upside to near 172.20 during the early European session on Wednesday. The Japanese Yen (JPY) edges lower against the Euro (EUR) due to concerns about the economic fallout from US President Donald Trump's 25% tariffs from a new deadline of August 1 on Japanese goods.
Source: fxstreet.com
Published (UTC): 2025-07-09 08:10:58