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EUR/JPY price forecast: Falls to near 171.50 as bearish bias emerges
EUR/JPY extends its losses for the second successive session, trading around 171.50 during the European hours on Tuesday. The technical analysis of the daily chart suggests the emergence of a bearish market bias as the currency cross is remaining slightly below the ascending channel pattern.
China's growing exports: Not just transshipment - Standard Chartered
China's y/y export growth accelerated during H1 despite a sharp decline in exports to US. Phones and laptops comprised an outsized share of China's declining exports to the US.
USD: Tightrope walk for the dollar - Commerzbank
The coming weeks, and probably even months, are likely to be a tightrope walk for the dollar against the backdrop of the Fed's adjusted stance.
GBP/JPY Price Forecast: Giving signs of topping below 200.00
The British Pound is showing signs of topping after having reached one-year highs, right above the 200.00 round level against the Japanese Yen.
USD: Focus on Cook's removal - ING
The US Dollar (USD) briefly sold off 0.6% in Asia after news broke that US President Donald Trump was dismissing Lisa Cook, a member of the Federal Reserve's governing board. This follows allegations of mortgage application irregularity.
DXY: Consumer confidence, durable goods today - OCBC
US Dollar (USD) fell this morning, in knee-jerk reaction to headline that Trump removed Fed Governor Lisa Cook from her position. DXY last at 98.43 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
GBP: Hawkish BoE and French politics to weigh on EUR/GBP - ING
EUR/GBP looks to stay offered this week as French politics prompts some reassessment of long euro exposure, ING's FX analyst Chris Turner notes.
US Dollar Index steadies near 98.50 as yields, Fed concerns drive focus
The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, is steadying after recovering daily losses and trading around 98.40 during the European hours on Tuesday.
EUR/USD: French political risk weighs - OCBC
Euro (EUR) fell overnight. French PM Bayrou said he would call for a confidence vote on budget on 8 September in an effort to force political parties to take a position on the government's budget proposals in parliament rather than through street protests planned for later that week.
EUR: French government looks likely to fall in September - ING
Hitting EUR/USD late on Monday was the surprise announcement from French Prime Minister François Bayrou that he was calling a vote of confidence in his government's fiscal austerity plans on 8 September.
Pound Sterling edges lower against US Dollar despite Trump announces removal of Fed's Cook
The Pound Sterling (GBP) ticks down to near 1.3440 against the US Dollar (USD) during the European trading session on Tuesday.
USD/JPY consolidates near 147.90 as Fed's Cook vows to stay
The US Dollar is regaining lost ground across the board amid a new twist in the Federal Reserve saga, as Governour Lisa Cook dismissed Trump's call to resign and committed to carry on with her duties at the Central Bank.
Forex Today: Markets turn risk-averse as Trump renews tariff threats
Here is what you need to know on Tuesday, August 26:
NZD/USD retreats below 0.5850, US Dollar bounces on risk aversion
The New Zealand Dollar is giving away previous gains against the US Dollar, and returns to the lower range of the 0.5800s after retreating from Monday's highs in the area of 0.5880.
USD/CHF holds above 0.8050 as Fed Governor Cook refuses to resign
USD/CHF extends its gains for the second successive session, trading around 0.8060 during the Asian hours on Tuesday.
EUR/GBP gains ground to near 0.8650 ahead of BoE's Mann speech
The EUR/GBP cross gains momentum to near 0.8645 during the early European session on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as the European Central Bank (ECB) signals a pause in monetary easing. The Bank of England (BoE) Catherine Mann is set to speak later on Tuesday.
USD/CAD trades cautiously around 1.3850 as Trump fires Fed's Cook
The USD/CAD pair trades with caution around 1.3850 against the US Dollar (USD) on Tuesday. The Loonie pair faces slight selling pressure as United States (US) President Donald Trump has fired Federal Reserve (Fed) Governor Lisa Cook over mortgage allegations.
USD/INR jumps to two-week high as US confirms Russian-linked tariffs on India
The Indian Rupee (INR) declines to an over two-week low of around 87.90 against the US Dollar (USD) at open on Tuesday.
EUR/JPY appreciates to near 172.00 as ECB signals policy easing
EUR/JPY gains ground after registering losses in the previous session, trading around 171.90 during the Asian hours on Tuesday.
India Gold price today: Gold rises, according to FXStreet data
Gold prices rose in India on Tuesday, according to data compiled by FXStreet.
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