ECB delays plans to lay out policy tightening guidelines
The European Central Bank (ECB) has, after an 18-month review, said it would shift its inflation target
NZD/USD holds near daily lows in risk-off turn in US markets
NZD/USD suffers in a bout of risk-off to lowest levels since 21 June. US data uncovers cracks
Gold Price Forecast: XAU/USD defends $1,800 even as covid concerns back USD
Gold price struggles for clear direction amid mixed clues, pare weekly gains. Delta variant probe
AUD/USD to extend its move downward, next challenge at the 0.7400 level – OCBC
The AUD/USD pair ended the day clear of its key support at 0.7450. Economists at
USD/CNY to advance nicely through the second half of 2021 – HSBC
China’s State Council meeting on 7 July opens the door for a possible targeted RRR
USD/CNH: Upside momentum improves further – UOB
UOB Group’s FX Strategists noted USD/CNH could now advance well above the 6.5000 level in
US: Weekly Initial Jobless Claims rose to 373K vs. 350K expected
Weekly Initial Jobless Claims in the US jumped to 37K from 364K. US Dollar Index
GBP/USD stays below 1.3800 after UK GDP misses estimates with 0.8% in May
UK GDP arrived at 0.8% MoM in May vs. 1.7% expected. GBP/USD remains little changed
UK Manufacturing Production drops unexpectedly by 0.1% MoM in May
The Office for National Statistics (ONS) published the UK industrial and manufacturing production data on Friday, suggesting
USD/JPY to plunge towards the 108.56 May low and the 107.48 April low – Commerzbank
The Japanese yen soars in risk-off trade. USD/JPY has snapped the 2021 uptrend at 110.36.