Pakistan Gold price today: Gold rises, according to FXStreet data
Gold prices rose in Pakistan on Thursday, according to data compiled by FXStreet.
Pound Sterling Price News and Forecast: GBP/USD strengthens to near 1.3605
The GBP/USD pair gains ground around 1.3605 during the Asian trading hours on Thursday.
USD/CHF recovers few pips from weekly low, remains below mid-0.7900s
The USD/CHF pair rebounds a few pips from a fresh weekly low touched during the Asian session on Thursday and for now, seems to have stalled this week’s slide from the vicinity of the 0.8000 psychological mark.
FX option expiries for 10 July 10am New York cut
There are just a couple to take note of on the day, as highlighted in bold.
The first one being for EUR/USD at the 1.1700 level once again. The expiries there have been helping to limit downside price action on the week and will play the same role again today in the run up to the US weekly jobless claims. In the bigger picture, it’s still all about trade headlines and broader market sentiment is taking it all in rather well for now.
The next is for USD/JPY at the 146.00 mark. The expiries are not likely to factor too much into play, as it doesn’t tie to any technical significance. The 100-hour moving average around 145.77 currently is still the key near-term support level to watch out for, resting near the 100-day moving average at 145.83 as well. Those are the two more important levels for USD/JPY, with the expiries above just adding some mild interest nearby.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at www.forexlive.com.
Japanese Yen prolongs weekly downtrend as trade uncertainties temper BoJ rate hike bets
The Japanese Yen (JPY) selling bias remains unabated for the third successive day on Wednesday, which, along with a broadly stronger US Dollar (USD), lifts the USD/JPY pair beyond the 147.00 mark or a fresh two-week high during the Asian session.
WTI gains ground above $67.00 amid renewed Red Sea attacks
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $67.15 during the early Asian trading hours on Wednesday. The WTI price edges higher amid renewed Houthi attacks on shipping in the Red Sea.
RBA’s Hauser: Enormous amount of uncertainty in global economy
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Japan Money Supply M2+CD (YoY) climbed from previous 0.6% to 0.9% in June
Japan Money Supply M2+CD (YoY) climbed from previous 0.6% to 0.9% in June
USD/CAD trades with mild gains above 1.3650 as Trump vows 50% tariff on copper
The USD/CAD pair trades with mild gains near 1.3665 during the early Asian session on Wednesday. The Canadian Dollar (CAD) softens against the Greenback after US President Donald Trump reignited concerns following tariffs on Japan and South Korea.
EUR/USD Mid-Day Outlook
Daily Pivots: (S1) 1.1684; (P) 1.1724; (R1) 1.1766; More… EUR/USD’s consolidation from 1.1829 is still extending and intraday bias stays neutral. Downside should be contained by 1.1630 resistance turned support to bring rebound. On the upside, firm break of 1.1829 will resume the rise from 1.0176 and target 61.8% projection of 1.0176 to 1.1572 from […]
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