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The Statement Indicates That The Brazilian Government Has Begun A Reciprocal Process With The United States Regarding Trade Tariffs. Brazil Is Informing The US Government Of The Progress And Requesting Diplomatic Consultations
U.S. Media: The Kennedy Center Has Decided To Inscribe Trump's Name On The Building's Exterior Wall
U.S. Energy Secretary Wright: The United States Is Communicating And Coordinating With Every Ship, And Oil Shipments Through The Strait Of Hormuz Will Continue To Increase, With U.S. Escort And Transport Capabilities Also Being Enhanced
U.S. Energy Secretary Wright: 8 To 9 Million Barrels Of Oil Pass Through The Strait Of Hormuz Every Day, And The United States Also Has A Record Of The Number Of Ships Passing Through The Strait Of Hormuz Daily
New Zealand's Manufacturing Performance Index For July Stood At 54.3, Down From The Previous Reading Of 59.7
Federal Reserve's Goolsby: If Some Of These Factors Can Be Disregarded, Inflation Could Fall Back To 2%
Federal Reserve's Goolsby: Many Inflation Drivers Come From Tariffs, And Then Oil Prices, And We Hope These Are One-off Increases
According To Fox News: Federal Reserve's Goolsby Said That Inflation Data Has Improved And He Hopes This Trend Will Continue
The Reserve Bank Of New Zealand: The Financial Policy Committee Considered House Price Developments, The Recent Risk Profile Of Mortgage Loans, And The Financial Stress On Borrowers
The Probability Of The Federal Reserve Keeping Interest Rates Unchanged In September Stands At 65.2%
Australian Prime Minister Albanese: US President Trump Has Agreed To Consider The Request Regarding Tariffs
Australian Prime Minister Albanese: Discussed Tariffs With US President Trump, Urging Him To Consider Granting Full Exemptions
Australian Prime Minister Albanese: Reviewed The Progress Of The Trilateral Security Partnership (AUKUS) Defense Agreement Between The United States, The United Kingdom And Australia
According To Axios, Trump's Son-in-law Jared Kushner Is Expected To Travel To Cairo Next Week To Meet With Egyptian Mediators

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Richmond Federal Reserve President Barkin delivered a speech.
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UBS has maintained its EUR/CHF forecast at 0.94 for the period spanning the fourth quarter of 2025 through the third quarter of 2026, despite recent downward pressure on the currency p...
UBS has maintained its EUR/CHF forecast at 0.94 for the period spanning the fourth quarter of 2025 through the third quarter of 2026, despite recent downward pressure on the currency pair.
The EURCHF exchange rate has experienced sustained downward pressure recently due to global political events and the ongoing rally in gold prices, which has bolstered the Swiss franc’s position as a safe-haven currency, according to UBS.
Safe-haven demand for the Swiss franc currently remains elevated, but UBS expects this to change in the medium term as U.S. political and trade uncertainties resolve, potentially making the CHF less attractive and allowing the EUR/CHF to gradually rise toward the 0.94 target.
With Swiss interest rates at zero, UBS analysts believe the euro offers better total returns than the Swiss franc, supporting their maintained forecast for the currency pair.
The bank’s outlook suggests a stabilization of the EUR/CHF exchange rate in the coming quarters, despite current market pressures that have strengthened the Swiss currency against the euro.
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