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Here is what you need to know on Tuesday, July 9: The US Dollar stays resilient against its major rivals early Tuesday, with the US Dollar Index moving sideways near 105.00 after posting small gains on Monday. The US economic calendar will feature NFIB Business Optimism Index for June and RealClearMarkets/TIPP Economic Optimism for July. More importantly, Federal Reserve Chairman Jerome Powell will present the Semi-Anual Monetary Policy Report and testify before the Senate Banking Committee. US Dollar PRICE Last 7 days The table below shows the percentage change of US Dollar (USD) against listed major currencies last 7 days. US Dollar was the weakest against the Australian Dollar.   USD EUR GBP JPY CAD AUD NZD CHF USD   -0.73% -1.18% -0.37% -0.71% -1.25% -0.75% -0.46% EUR 0.73%   -0.45% 0.40% 0.02% -0.51% -0.04% 0.26% GBP 1.18% 0.45%   0.87% 0.49% -0.08% 0.43% 0.70% JPY 0.37% -0.40% -0.87%   -0.36% -0.88% -0.43% -0.14% CAD 0.71% -0.02% -0.49% 0.36%   -0.54% -0.04% 0.23% AUD 1.25% 0.51% 0.08% 0.88% 0.54%   0.49% 0.76% NZD 0.75% 0.04% -0.43% 0.43% 0.04% -0.49%   0.27% CHF 0.46% -0.26% -0.70% 0.14% -0.23% -0.76% -0.27%   The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the US Dollar from the left column and move along the horizontal line to the Japanese Yen, the percentage change displayed in the box will represent USD (base)/JPY (quote). After opening the week with a bearish gap, EUR/USD staged a rebound and closed marginally higher on Monday. The pair stays relatively quiet in the European morning on Tuesday and fluctuates in a tight range above 1.0800. GBP/USD touched its highest level since June 12…

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Filed under: News - @ July 9, 2024 8:12 am