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GBP/USD Price Forecast: Bullish outlook remains in play near 1.3450
The GBP/USD pair edges lower to near 1.3450 during the early European session on Tuesday. The potential downside for the major pair might be limited after US President Donald Trump announced he was firing a Federal Reserve (Fed) Governor, Lisa Cook.
EUR/USD trims gains below 1.1650 as Fed Governor Cook defies Trump
EUR/USD holds gains after registering more than three-quarters of a percent in the previous session, trading around 1.1630 during the Asian hours on Tuesday.
Fed's Cook: Will continue to carry out duties as Fed Governor
US Federal Reserve (Fed) Governor Lisa Cook said on Tuesday that she will not resign following President Donald Trump's announcement of her removal.
US Dollar Index corrects to near 98.30 as Trump fires Fed's Cook
The US Dollar Index (DXY), which tracks the Greenback's value against six major currencies, corrects to 98.30 during the Asian trading session on Tuesday, following a decent recovery move the previous day.
Australian Dollar remains subdued as President Trump threatens new tariffs on Chinese goods
The Australian Dollar (AUD) depreciates against the US Dollar (USD) on Tuesday, extending its losses for the second successive session.
Japan's Kato: Alarmed over FX moves, including those driven by speculators
Japanese Finance Minister Katsunobu Kato said on Tuesday that he is "alarmed over FX moves, including those driven by speculators."
USD/JPY falls below 147.50 following fresh threats from Trump
USD/JPY retraces its recent gains registered in the previous session, trading around 147.30 during the Asian hours on Tuesday.
RBA Minutes: Further rate cuts likely needed in coming year
The Reserve Bank of Australia (RBA) published the Minutes of its August monetary policy meeting on Tuesday, which showed that board members agreed that some further reduction in the cash rate is likely to be needed in the coming year.
PBOC sets USD/CNY reference rate at 7.1188 vs. 7.1161 previous
On Monday, the People's Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1188 as compared to the previous day's fix of 7.1161 and 7.1670 Reuters estimate.
US President Donald Trump threatens export curbs, tariffs in digital tax retaliation
US President Donald Trump threatened "subsequent additional tariffs" and export restrictions on advanced technology and semiconductors in retaliation for digital services taxes that hit American technology companies, Bloomberg reported on Tuesday.
NZD/USD strengthens above 0.5850 as Trump orders removal of Fed governor Cook
The NZD/USD pair gains ground to near 0.5860 during the early Asian session on Tuesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid concerns over Federal Reserve (Fed) independence after the report that US President Donald Trump says he is removing Fed Governor Lisa Cook.
US President Donald Trump says he is removing Fed Governor Cook -- Reuters
US President Donald Trump said that he was removing Federal Reserve (Fed) Governor Lisa Cook from her position on the Fed's board of directors, Reuters reported on Tuesday.
USD/CAD drifts lower to near 1.3850 amid tariff easing
The USD/CAD pair trades with mild losses around 1.3855 during the early Asian session on Tuesday. The Canadian Dollar (CAD) strengthens against the US Dollar (USD) on Canada's move to ease trade tensions with its largest trading partner.
USD/CHF Price Forecast: Climbs to 0.8059 as Dollar steadies
USD/CHF advances for the first time of the week, up by over 0.20%, trading at 0.8059 as the Greenback recovers following last Friday's plunge, as probabilities for a Fed rate cut settled at around 86%.
GBP/USD pares gains as markets weigh rate cut bets
GBP/USD backslid on Monday, falling back into the 1.3450 region after global markets reconsidered their rate cut frenzy sparked by perceptions of a dovish Federal Reserve (Fed) Chair Jerome Powell late last week.
Fed's Logan mulls over ending the Fed funds rate target range
Federal Reserve (Fed) Bank of Dallas President Lorie Logan mused about making key policy adjustments at the Fed on Monday, stressing the need for more effective policy communication.
EUR/USD falls below 1.17 as profit-taking lifts US Dollar
EUR/USD erases some of last Friday's gains and drops 0.93% as the Greenback stages a recovery, following dovish remarks by Federal Reserve (Fed) Chair Jerome Powell. Expectations that the Fed will cut rates in September triggered the Euro's (EUR) advance.
Australian Dollar holds firm as markets eye RBA Minutes and inflation data
The Australian Dollar (AUD) is holding firm against the US Dollar (USD) on Monday, with AUD/USD hovering close to the 0.6500 mark. The pair remains resilient despite a modest rebound in the Greenback, which is stabilizing after a sharp drop on Friday.
EUR/USD retreats below 1.1700 as US Dollar firms
The Euro (EUR) weakens against the US Dollar (USD) on Monday, with EUR/USD falling back below the 1.1700 psychological level as the Greenback picks up modest strength following last Friday's sharp slide driven by Federal Reserve (Fed) Chair Jerome Powell's dovish remarks at the Jackson Hole Symposiu
Donald Trump refreshes China tariff threats during Korea statements
United States (US) President Donald Trump swung for the fences on Monday, touching on a broad range of subjects during a joint press conference with South Korean President Lee Jae Myung.
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