The British pound fell by 0.8%, the Polish zloty dropped by 0.4% on the interest rate cut day, and the Canadian dollar rose by 0.4%

Wallstreetcn
2025.07.02 20:58

On Wednesday (July 2), at the New York close, the US dollar rose 0.17% against the Japanese yen, reporting 143.66 yen, showing an M-shaped rise and fall throughout the day. When the US ADP employment data (small non-farm) was released at 20:15 Beijing time, it sharply plummeted from around 144.20 to nearly 143.40.
The euro rose 0.08% against the yen, while the British pound fell 0.64% against the yen—starting a sharp decline at 19:52 (quickly dropping from around 197.500 to near 196.000).
The euro fell 0.08% against the US dollar, showing a V-shaped trend throughout the day, the British pound fell 0.81% against the US dollar, and the British pound fell 0.74% against the euro. The US dollar rose 0.09% against the Swiss franc.
Among commodity currencies, the Australian dollar rose 0.04% against the US dollar, the New Zealand dollar fell 0.18% against the US dollar, and the US dollar fell 0.40% against the Canadian dollar.
The Swedish krona fell 0.42% against the US dollar, while the Norwegian krone rose 0.06% against the US dollar. The Danish krone fell 0.08% against the US dollar, the Polish zloty fell 0.41% against the US dollar, and the zloty fell 0.34% against the euro