The balance of risks for the dollar remains tilted to the upside – ING
Global risk sentiment continues to be challenged. Economists at ING expect the US Dollar Index
NZD/USD steady within a narrow range, awaiting NZ Business PMI/US Retail sales
NZD/USD continues extending its fall during the week, set to finish with losses for the
US: Weekly Initial Jobless Claims rise to 244K vs. 235K expected
Initial Jobless Claims rose by 9,000 in the week ending July 9. The greenback continues
USD/CNH now looks to a test of 6.8000 – UOB
FX Strategists at UOB Group Lee Sue Ann and Quek Ser Leang see USD/CNH advancing
China’s GDP contracts 2.6% YoY in Q2 2022 vs. -1.5% expected, AUD/USD unfazed
China's annualized GDP figures for the second quarter of 2022 arrived at 0.4% vs. 1.0% expected and 4.8%
GBP/USD surrenders intraday gains, holds above 1.1800 as traders await US macro data
GBP/USD failed to preserve its modest intraday gains despite subdued USD price action. The overnight
China’s NBS: Downward pressure on economy increased substantially in Q2
Following the release of the June activity numbers, China’s National Bureau of Statistics (NBS) released a statement,
USD/JPY: Focus now shifts to 140.00 – UOB
Further upside momentum could lift USD/JPY to the 140.00 region in the next weeks, commented
GBP/USD looks at risk of moving to 1.16-1.17 in the coming days – ING
GBP/USD surrenders intraday gains. Economists at ING see the pair at risk of falling to
AUDUSD could see a further drop to the 0.66 mark over the coming days – ING
The Australian dollar is currently looking at a significant divergence between internal and external drivers.