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
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
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
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 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
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
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
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
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
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
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
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
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
The USD/CAD pair regains positive traction during the Asian session on Wednesday and climbs to the 1.3700 neighborhood, closer to over a one-week high touched the previous day. Moreover, the fundamental backdrop suggests that the path of least resistance for spot prices is to the upside.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:23:45
GBP/USD extends its losing streak, trading around 1.3580 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground amid increased risk aversion.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:18:40
Silver price (XAG/USD) falls to near $36.50 during Asian trading hours on Wednesday. The white metal faces a slight selling pressure even as the White House has signaled that it will release more letters, specifying additional import rates, to those nations that have not closed a trade deal during the 90-day tariff pause.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:11:17
The USD/CHF pair gathers strength around 0.7975 during the early European session on Wednesday, bolstered by a firmer US Dollar (USD). However, the concerns about renewed trade tensions triggered by US President Donald Trump might cap the upside for the pair.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:11:17
GBP/USD extends its losing streak, trading around 1.3580 during the Asian hours on Wednesday. The pair depreciates as the US Dollar (USD) gains ground amid increased risk aversion.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:09:24
Gold prices fell in Saudi Arabia on Wednesday, according to data compiled by FXStreet.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:05:14
Gold prices fell in Philippines on Wednesday, according to data compiled by FXStreet.
Source: fxstreet.com
Published (UTC): 2025-07-09 07:01:06