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Euro: Downward bias capped by 1.1390 support against US Dollar – UOB
United Overseas Bank’s (UOB) Quek Ser Leang sees EUR/USD retaining a mild downside bias after slipping below a prior strong support at 1.1405. Intraday losses are expected to be limited to tests of 1.1390, with resistance at 1.1430–1.1445.
United Kingdom Claimant Count Rate fell from previous 4.5% to 4.4% in June
United Kingdom Claimant Count Rate fell from previous 4.5% to 4.4% in June
United Kingdom Public Sector Net Borrowing declined to £15.989B in June from previous £23.294B
United Kingdom Public Sector Net Borrowing declined to £15.989B in June from previous £23.294B
UK Unemployment Rate steadies at 4.9% in May vs. 5.0% expected
The United Kingdom’s (UK) ILO Unemployment Rate remained steady at 4.9% in the three months to May after reporting 4.9% in the previous reading, data published by the Office for National Statistics (ONS) showed on Tuesday. The data came in below the market consensus of 5.0%.
Switzerland Trade Balance fell from previous 6110M to 5224M in June
Switzerland Trade Balance fell from previous 6110M to 5224M in June
United Kingdom Employment Change (3M): 147K (May) vs 100K
United Kingdom Employment Change (3M): 147K (May) vs 100K
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in May: Actual (4.9%)
United Kingdom ILO Unemployment Rate (3M) below expectations (5%) in May: Actual (4.9%)
United Kingdom Average Earnings Including Bonus (3Mo/Yr) registered at 4.3%, below expectations (4.5%) in May
United Kingdom Average Earnings Including Bonus (3Mo/Yr) registered at 4.3%, below expectations (4.5%) in May
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) meets expectations (3.4%) in May
United Kingdom Average Earnings Excluding Bonus (3Mo/Yr) meets expectations (3.4%) in May
United Kingdom Claimant Count Change registered at 6.7K, below expectations (28.3K) in June
United Kingdom Claimant Count Change registered at 6.7K, below expectations (28.3K) in June
EUR/JPY Price Forecast: Holds gains above 185.50 near nine-day EMA support
EUR/JPY edges higher after three days of losses, trading around 185.50 during the Asian hours on Tuesday. The currency cross is holding above both the nine-day and 50-day Exponential Moving Averages (EMAs), which reinforces a mildly bullish near-term bias.
USD/CAD Price Forecast: Intraday positive move stalls ahead of 1.4100 confluence hurdle
The USD/CAD pair attracts buyers for the second straight day on Tuesday and recovers further from its lowest level since June 17, around the 1.4000 psychological mark touched the previous day.
Indonesian Rupiah gains support amid financial hub plans, geopolitical tensions ease
USD/IDR continues its losing streak for the sixth successive day, trading around 17,940 during the Asian hours on Tuesday.