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04/07/2022

USD/CAD slides to multi-day low, below mid-1.2800s amid modest USD weakness

AUD/USD recovers further from two-year low, climbs back above mid-0.6800s

Gold Price Forecast: XAUUSD eyes $1,798 and $1,794 as next downside targets – Confluence Detector

EUR/USD regains the smile and advances to 1.0450

USD/IDR to move downward in the coming quarters amid brighter rupiah outlook – MUFG

EUR/SEK: Growth concerns keep risks tilted to the downside for the krona – MUFG

Eurozone Sentix Investor Confidence slumps to -26.4 in July vs. -19.9 expected

USD/JPY Price Analysis: 200-hour SMA, around 135.60 might continue to cap the upside

USD/CAD: Cautious over the extent of the loonie's recovery – MUFG

EUR/USD to remain subdued as buyers stay on the sidelines

NZD/USD: Better prospects for the kiwi beyond Q3 – MUFG

ECB's Muller: Appropriate to raise policy rate by 25 bps in July – Bloomberg

Silver Price Analysis: XAG/USD consolidates below $20.00 mark, not out of the woods yet

AUDUSD: Tough financial market conditions will weigh on the aussie before recovery can take hold – MUFG

USD/CNY: Potential improving sentiment will provide further support for yuan – MUFG

Forex Today: Market action remains subdued to start the week

USD/TRY remains bid near 16.80 post-CPI

01/07/2022

Today's Markets news
USD/JPY Price Analysis: Intraday recovery falters near 200-hour SMA, around 135.70 area

RBA expected to raise the policy rate on July 5 – UOB

ECB's Panetta: Normalisation should remain gradual

Gold Price Forecast: XAUUSD breaks below $1,800, bears gearing up to challenge YTD low

China: PMIs rebound in June – UOB

EUR/GBP jumps back above mid-0.8600s on stronger Eurozone inflation figures

GBP/USD struggles near two-week low, bears flirts with 1.2100 mark amid stronger USD

Breaking: Eurozone Preliminary Inflation soars 8.6% YoY in June vs. 8.4% expected

EUR/USD: Bears regain control around 1.0440 ahead of EMU CPI, US ISM

NZD/USD plummets to two-year low, seems vulnerable below 0.6200 amid stronger USD/risk-off

Gold Price Forecast: XAUUSD to struggle amid higher interest rates and firm US dollar – Commerzbank

Eurozone: S&P Global Manufacturing PMI drops to 52.1 in June (final)

Germany: S&P Global Manufacturing PMI arrives at 52 (final) in June as expected

GBP/USD to extend its slide towards 1.2050

Silver Price Analysis: XAG/USD bears retain control, descending channel breakdown in play

USD/CNH remains stuck within the 6.6600-6.7400 range – UOB

US Dollar Index regains the smile and 105.00 ahead of ISM

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