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BoE's Mann: A more persistent hold on the bank rate is appropriate right now
Catherine Mann, a member of the Bank of England's Monetary Policy Committee (MPC), said on Tuesday that the bank rate should be held persistently to lean against inflation risks. She added that she was ready to cut rates more forcefully if downside risks to growth materialise.
USD/JPY recovers above 147.50 as markets focus on Trump-Fed feud
USD/JPY lost its traction and declined below 147.00 after posting strong gains on Monday. Although the pair recovers above 147.50 region in the second half of the day on Tuesday, it remains in negative territory.
EUR/USD regains traction near 1.1650, focus stays on US docket
The Euro (EUR) is clawing back ground on Tuesday, with EUR/USD rebounding after Monday's hiccup and edging toward the 1.1650 area. Continued upside could put a test for the monthly highs near 1.1740 (August 22) back on the radar.
GBP/USD recovers toward 1.3500 ahead of US consumer sentiment data
Following Monday's bearish action, GBP/USD stages a rebound on Tuesday. At the time of press, the pair was up 0.25% on the day at 1.3485.
Gold picks up pace, retargets $3,400 on USD selling
Gold prices are climbing again, snapping Monday's brief dip and pushing back toward the key $3,400 per ounce level.
EUR up modestly and outperforming G10 - Scotiabank
The Euro (EUR) is up 0.2% against the US Dollar (USD) and outperforming all of the G10 currencies in quiet trade, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
CAD quiet ahead of Macklem speech - Scotiabank
The Canadian Dollar (CAD) is trading in a tight range and entering Tuesday's NA session with a marginal gain against the US Dollar (USD)
CAD steady ahead of BoC Gov. Macklem speech - Scotiabank
The US Dollar (USD) is soft but overall movement remains limited as G10 currencies respond to news of President Trump's moves to fire Fed Gov, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
AUD/USD edges up to near 0.6500 ahead of US Durable Goods Orders data
The AUD/USD pair ticks higher to near the psychological level of 0.6500 during the European trading hours on Tuesday.
EUR/GBP Price Forecast: Euro reversal brings 0.8600 support area into focus
The Euro posted a significant reversal from the 0.8670 area on Monday, printing a bearish engulfing candle on the daily chart. This figure has strongly negative connotations and has shifted the pair's focus towards the key support area around 0.8600.
Oil prices rise due to dwindling hopes for peace in Ukraine - Commerzbank
Oil prices rose last week and also started the new trading week on a bullish note. Brent rose to $69 per barrel and WTI to $65 per barrel.
Gold price rises noticeably after Powell speech - Commerzbank
The price of Gold jumped by around $50 to just under $3,380 per troy ounce on Friday afternoon, Commerzbank's commodity analyst Carsten Fritsch notes.
US Consumer Confidence Preview: Some weakness could emerge in August
The United States (US) will see the release of the August Conference Board's Consumer Confidence Index on Tuesday. The report is a monthly survey conducted by the Conference Board that gathers information on consumer behaviour, expectations, purchasing intentions, and vacation plans.
USD/CAD pulls back below 1.3850 ahead of US data, BoC Macklem's speech
The US Dollar has retraced its previous gains against the loonie on Tuesday, retreating to levels right below 1.3850 after being capped at intra-day highs near 1.3870.
EUR/HUF faces key resistance at 399/400 - Société Générale
EUR/HUF remains under pressure after failing to reclaim the 200-day moving average. A rebound is testing the 399/400 resistance zone, but inability to break higher risks extending the decline toward 389.90 support, Société Générale's FX analysts note.
When is the US Durable Goods Orders data and how it could affect EUR/USD?
The Durable Goods Orders for July is due for release today at 12:30 GMT. Economists expect fresh orders for durable goods have declined again, but at a moderate pace of 4%, compared to a 9.3% contraction seen in June.
USD/CNH: Chance of dropping below July's low of 7.1435 - UOB Group
US Dollar (USD) could drop below July's low of 7.1435, but it might not be able to maintain a foothold below this level.
AUD/USD holds range as RBA minutes signal more easing - BBH
AUD/USD dipped slightly but remains within its multi-month 0.6400-0.6600 range, BBH FX analysts report, BBH FX analysts report.
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
USD/JPY expected to trade in a range between 146.70 and 148.00 - UOB Group
US Dollar (USD) is expected to trade in a range between 146.70 and 148.00. In the longer run, outlook is mixed; USD could trade in a range between 146.40 and 148.40, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
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