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Breaking: Iran closes the Strait of Hormuz amid ceasefire deal violation
Iran says it is closing the Strait of Hormuz after accusing the United States (US) and Israel of violating the ceasefire. According to Iran, the decision came over the continued Israeli strikes in Lebanon.
Fxstreet
21 hours ago
Iran confirms Switzerland meeting with US was postponed, but MOU was signed digitally
Iran’s Foreign Ministry confirmed on Friday that a planned meeting in Switzerland with US officials had been postponed, adding that preparations are already underway for a new meeting in the coming days, Reuters reported.
Fxstreet
Fri, Jun 19
Global data: Flash PMIs and inflation focus – Deutsche Bank
Deutsche Bank’s Galina Pozdnyakova, Jim Reid and Luke Templeman highlight that next week’s main macro focus will be global flash PMIs and several key inflation releases.
Fxstreet
Fri, Jun 19
"Israel and Hezbollah agree to a ceasefire," senior US official tells Reuters
Citing a senior US official on Friday, Reuters reported that Israel and Hezbollah have agreed to a ceasefire at 4 p.m. local time on Friday.
Fxstreet
Fri, Jun 19
Russia Central Bank Reserves $: $729.3B vs previous $749.7B
Russia Central Bank Reserves $: $729.3B vs previous $749.7B
Fxstreet
Fri, Jun 19
Canada Retail Sales (MoM) below expectations (0.6%) in April: Actual (0.5%)
Canada Retail Sales (MoM) below expectations (0.6%) in April: Actual (0.5%)
USD/CAD
Fxstreet
Fri, Jun 19
Canada Retail Sales ex Autos (MoM) below expectations (0.7%) in April: Actual (0.1%)
Canada Retail Sales ex Autos (MoM) below expectations (0.7%) in April: Actual (0.1%)
Fxstreet
Fri, Jun 19
Singapore Dollar: NEER strength caps upside for USD/SGD – UOB
UOB Global Economics & Markets Research notes that USD/SGD closed at 1.2900, with the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) estimated at 1.75% above its mid-point.
USD/SGD
Fxstreet
Fri, Jun 19
Japanese Yen: Intervention risks rise on US holiday – ING
ING strategists Francesco Pesole, Frantisek Taborsky and Chris Turner note that the Dollar has held post-Fed gains, keeping USD/JPY elevated in intervention territory.
USD/JPY
US Dollar Index
Fxstreet
Fri, Jun 19
Swiss Franc: Limited downside as SNB stays cautious – MUFG
MUFG’s Derek Halpenny says the Swiss Franc underperformed after the SNB left rates at zero, but only minor inflation forecast revisions underline expectations of persistently low Swiss inflation.
EUR/CHF
USD/CHF
Fxstreet
Fri, Jun 19
Bank of England: Active hold stance supports restrictive convergence – Rabobank
Rabobank’s Global Daily notes that the Bank of England kept rates unchanged in what policymakers call an “active hold,” effectively tightening policy versus pre‑war expectations for cuts.
GBP/USD
Fxstreet
Fri, Jun 19
Global rates: Converging at slightly restrictive levels – Rabobank
Rabobank’s Global Daily stresses that unchanged rates in the UK and US contrast with recent hikes by the ECB and Bank of Japan, but argues this is less divergence than it appears.
Fxstreet
Fri, Jun 19
Greece Current Account (YoY) rose from previous €-2.344B to €-1.389B in April
Greece Current Account (YoY) rose from previous €-2.344B to €-1.389B in April
Fxstreet
Fri, Jun 19
Forex Today: US-Iran talks called off, US Dollar extends rally to 13-month high
Here is what you need to know on Friday, June 23:
Fxstreet
Fri, Jun 19
1.2%: British Pound remains subdued after UK Retail Sales beat forecasts
GBP/USD remains subdued for the third successive day, trading around 1.3190 during the early European hours on Friday. The British Pound (GBP) pares its daily losses against the US Dollar (USD) but remains in negative territory following the release of key economic data from the United Kingdom (UK).
GBP/USD
Fxstreet
Fri, Jun 19
ECB Wunsch says central bank may cut rates when the dynamics turn
European Central Bank (ECB) policymaker and the head of Belgium's central bank, Pierre Wunsch, said on Friday that the central bank may cut the interest rates when the dynamics turn.
EUR/USD
Fxstreet
Fri, Jun 19
United Kingdom Retail Sales beat expectations in April: What 1.2% means for the British Pound
Retail Sales, a key measure of consumer spending, in the United Kingdom (UK) climbed 1.2% month-over-month (MoM) in May after falling by a revised 1.0% in April, the latest data published by the Office for National Statistics (ONS) showed on Friday.
GBP/USD
Fxstreet
Fri, Jun 19
United Kingdom Public Sector Net Borrowing came in at £23.294B, above forecasts (£18.5B) in May
United Kingdom Public Sector Net Borrowing came in at £23.294B, above forecasts (£18.5B) in May
Fxstreet
Fri, Jun 19
United Kingdom Retail Sales (MoM) above forecasts (0.5%) in May: Actual (1.2%)
United Kingdom Retail Sales (MoM) above forecasts (0.5%) in May: Actual (1.2%)
GBP/USD
Fxstreet
Fri, Jun 19
United Kingdom Retail Sales ex-Fuel (MoM) above expectations (0.4%) in May: Actual (1.2%)
United Kingdom Retail Sales ex-Fuel (MoM) above expectations (0.4%) in May: Actual (1.2%)
GBP/USD
Fxstreet
Fri, Jun 19
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