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Canadian Dollar edges higher vs soft USD; bulls seem hesitant amid mixed cues
The USD/CAD pair attracts fresh sellers during the Asian session on Friday and currently trades around the 1.4070 zone, down 0.10% for the day amid a softer US Dollar (USD).
Euro rises as US Dollar weakens despite rising Middle East tensions
EUR/USD gains ground after posting modest losses in the previous day, trading around 1.1380 during the Asian hours on Friday.
Japanâs Katayama says ready to act appropriately on currency shifts whenever necessary
Japanâs Finance Minister Satsuki Katayama delivered a verbal intervention on Friday, saying that authorities prepared to take decisive steps on foreign exchange.
Australian Dollar rebounds vs USD; Trump's tariffs and US-Iran tensions cap gains
The AUD/USD pair attracts some buyers during the Asian session on Friday and reverses a part of the previous day's slide back to the weekly trough.
Japanese Yen flatlines near multi-decade low after CPI inflation data
The USD/JPY pair holds steady near 163.90 during the early Asian session on Friday. However, the Japanese Yen (JPY) remains near a multi-decade low against the US Dollar (USD). The preliminary readings of the US S&P Global Purchasing Managers Index (PMI) will be published later on Friday.Â
PBOC sets USD/CNY reference rate at 6.7939 vs. 6.7906 previous
On Friday, the Peopleâs Bank of China (PBOC) sets the USD/CNY central rate for the trading session ahead at 6.7939 compared to the previous day's fix of 6.7906 and 6.7795 Reuters estimate.
10% weekly surge: WTI holds above $90.00 amid Middle East escalation
West Texas Intermediate (WTI) oil price halts its three-day winning streak, trading around $90.20 per barrel during the Asian hours on Friday. However, WTI crude price is on track to surge over 10% this week.
US President Donald Trump imposes new tariffs on dozens of trade partnersÂ
The United States (US) will impose new tariffs of between 10% and 12.5% on imports from most major trading partners, its biggest move yet to reconstruct US President Donald Trumpâs tariff wall that was pierced by the Supreme Court, Bloomberg reported on Thursday.Â
US President Donald Trump vows to punish Iran for Houthi attacks in Red Sea
US President Donald Trump said that the US would hold Iran responsible for the Houthisâ actions and warned that Iran and its Houthi allies would both soon receive a âmajor military punishment,â Reuters reported on Thursday.Â
US military launches 13th consecutive night of strikes on Iranian military targets
The US Central Command (CENTCOM) said it is attacking Iran for the 13th consecutive night, the Guardian reported on Friday. The US military stated that this action aims to hold Iran accountable and diminish threats from the Islamic Revolutionary Guard Corps (IRGC) to commercial shipping.
Gold slumps to near $4,050 as Middle East conflict fuels inflation worries
Gold price (XAU/USD) faces some selling pressure to around $4,050 during the early Asian session on Friday.
Japanâs National CPI climbs 1.7% YoY in June, Core CPI rises as expected
Japanâs National Consumer Price Index (CPI) rose by 1.7% YoY in June, compared to the previous reading of 1.5%, according to the latest data released by the Japan Statistics Bureau on Friday.
Japan National Consumer Price Index (YoY) increased to 1.7% in June from previous 1.5%
Japan National Consumer Price Index (YoY) increased to 1.7% in June from previous 1.5%