Headwinds not sufficient yet to halt the USD’s advance – AmpGFX

Greg Gibbs, Founder, Analyst, & PM, (AmpGFX), Amplifying Global FX Capital Pty Ltd an Australian financial services company, explained that the fall in gold may make sense against the stronger USD.   Key Quotes: "However, it is odd to see it underperform other G10 currencies in a ...

Japan Monetary Base (YoY) below forecasts (8.3%) in June: Actual (7.4%)

Forex today: soured risk tone improves slightly in New York

Forex today was starting out negative after a poor start in Asia that followed through into European markets. NY was slightly better and indeed the benchmarks managed a decent turnaround late n the NY session. All ears were on the ground for an agreement within German Chancellor Merkel’ ...

Trump makes a veiled threat towards the WTO – Reuters

As reported by Reuters, US President Donald Trump made a thinly-veiled threat against the WTO on Monday, warning that the US would "be doing something" if they are not treated properly. Key quotes "Trump, speaking to reporters during a meeting with Dutch Prime Minister Mark Rutte a ...

Caution under the hood? – ANZ

Analysts at ANZ offered a breakdown of the US data. Key Quotes: "The June US ISM manufacturing index rose to 60.2 vs 58.7 in May. It is the second highest reading this year. New orders were steady, employment dipped and production rose. But the main boost came from supplier delivery times ...

South Korea Consumer Price Index Growth (YoY) came in at 1.5%, below expectations (1.7%) in June

South Korea Consumer Price Index Growth came in at -0.2%, below expectations (0%) in June

Key US data reviews: ISM manufacturing index rose to 60.2 – Nomura

Analysts at Nomura International plc offered a review of the latest key data. Key Quotes: "ISM manufacturing index: The ISM manufacturing index rose to 60.2 in June from 58.7 in May, above expectations (Nomura: 57.7, Consensus: 58.5). It appears that steady business expansion and elevate ...

AUD/USD drifting into 0.73 with RBA rate decision around the corner

The Aussie is in retreat once again, marks in a new low for the year. RBA rate decision ahead, move is widely expected to be on hold but statement language could change. The AUD/USD is trading near 0.7340 after Monday saw the pair on the decline once more, slipping from a high of 0.7409 for th ...

NZD/USD: in a minor correction as bulls defend 0.6620 support

Key support is 0.6620 while resistance comes as 0.6850. Some short-term technical indicators suggest the kiwi is now starting to look oversold. NZD/USD recovered from the lows of 0.6689 and made a corrective high of 0.6716 as sour risk turned slightly more palatable with US stocks  turnin ...

New Zealand NZIER Business Confidence (QoQ) down to -20% in 2Q from previous -11%

Peru stocks higher at close of trade; S&P Lima General up 0.37%

Investing.com – Peru stocks were higher after the close on Monday, as gains in the Banking&Financials, Food&Beverages and S&P Lima Juniors sectors led shares higher. At the close in Lima, the S&P Lima General gained 0.37%. The best performers of the session on the S&P Lima ...