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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.
Political interference risks undermine USD outlook - BBH
USD and 10-year Treasuries weakened after President Donald Trump said he was firing 'for cause' Fed Governor Lisa Cook effective immediately, BBH FX analysts report.
NZD/USD: Likely to trade between 0.5830 and 0.5875 - UOB Group
The current price movements are likely part of a range-trading phase between 0.5830 and 0.5875.
Gold eases from $3,385 highs as Fed's Cook refuses to resign
Gold's rally from Monday's lows at $3,350 has been capped on Tuesday after hitting fresh two-week highs at $3,385. The Precious metal has stalled below $3,380, as the US Dollar regains lost ground, following Fed Governour Lisa Cook's rejection of President Trump's calls to fire her.
EUR: French political uncertainty is on the rise acting as a dampener on Euro - MUFG
One of the main developments at the start of this week has been the announcement from French Prime Minister Francois Bayrou that he has agreed with President Emmanuel Macron to call parliament back into session early in order to allow the government to present its budget plan and hold a confidence m
AUD/USD: Likely to trade in a range of 0.6455/0.6505 - UOB Group
Australian Dollar (AUD) is likely to trade in a range of 0.6455/0.6505. In the longer run, slight increase in upward momentum is likely to lead to a higher range of 0.6440/0.6540 rather than a sustained advance, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD whips on data but wilts on Trump - DBS
The DXY Index climbed 0.7% to 98.4 overnight, primarily on profit-taking sparked by better-than-expected US new home sales (NHS).
GBP/USD: Likely to trade in a range between 1.3440 and 1.3520 - UOB Group
Pound Sterling (GBP) is likely to trade in a range between 1.3440 and 1.3520. In the longer run, further GBP strength is not ruled out, but it is unclear if there is enough momentum for it to reach 1.3595, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
EUR/USD: Likely to trade in a range of 1.1600/1.1690 - UOB Group
Euro (EUR) is likely to trade in a range of 1.1600/1.1690. In the longer run, EUR is expected to trade in a range between 1.1580 and 1.1745, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
JPY: Still hoping for wages - Commerzbank
The Bank of Japan remains convinced that rising wage growth will lead to sustainably higher inflation. Meanwhile, lower inflation regarding food prices is pushing down the overall rate. Excluding energy and food, inflation has been below 2% for some time now.
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.
Silver Price Forecast: XAG/USD rises to near $38.80 as Fed Cook's removal dampens market mood
Silver price (XAG/USD) recovers its early losses and trades 0.33% higher to near $38.80 during the European trading session on Tuesday.
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.
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