News
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HUF: Steady rate does not equal steady the forint – Commerzbank
The Hungarian central bank (MNB) is set to leave its base rate unchanged at 6.50%, for the ninth consecutive month, today. That much has been clear from the MPC’s persistent rhetoric, and now confirmed by unanimous expectations among analysts.
Fxstreet
Tue, Jun 24
GBP/USD: Likely to trade in a range of 1.3420/1.3655 – UOB Group
There is a chance for Pound Sterling (GBP) to test 1.3580 before the risk of a pullback increases. In the longer run, outlook appears mixed; GBP could trade in a range of 1.3420/1.3655 for now, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Tue, Jun 24
Recruiter SThree flags improving US contract hiring, boosting shares
Records smaller drop in Q2 net fees vs Q1Continues to expect annual profit of about 25 million poundsCEO Lehne says strong contract extensions supporting performanceShares jump 10%, rivals also rise June 24 (Reuters) - Recruiter SThree STEMS.L said on Tuesday improving contractual hiring in the U...Reuters
Tue, Jun 24
Canada CPI set to remain below target in May despite inflation uncertainty from US tariffs
This Tuesday, Statistics Canada will release the Consumer Price Index (CPI) for May. This will get the market's attention because it will provide new information about inflation trends that the Bank of Canada (BoC) uses to make decisions about interest rates.
Fxstreet
Tue, Jun 24
German cabinet passes 2025 draft budget and budget framework for 2026
By Maria Martinez BERLIN, June 24 (Reuters) - Germany's cabinet approved on Tuesday the draft budget for 2025 and the budget framework for 2026 with record investments in both years to stimulate growth after Europe's biggest economy failed to grow for two consecutive years. The drafts inc...Reuters
Tue, Jun 24
Australian Dollar extends gains as Trump announces ceasefire in the Middle East
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Tuesday, extending its gains for the second successive session. The AUD/USD pair gains ground after US President Donald Trump said a ceasefire has been agreed upon between Iran and Israel.
Fxstreet
Tue, Jun 24
Iran's Foreign Minister says Iran will stop if Israel does
Iran's Foreign Minister, Abbas Araghchi, said early Tuesday in a post on social media that there was no cease-fire agreement but that Iran will stop its attacks if Israel stops its airstrikes by 4 a.m. local time in Tehran, per the New York Times.Fxstreet
Tue, Jun 24
Amazon to invest $54 billion in Britain over next three years
Investment includes building four state-of-the-art warehousesWill create thousands of new jobsFigure includes part of previously announced 8 billion poundsPM Starmer hails 'massive vote of confidence' in UKBy James Davey LONDON, June 24 (Reuters) - Amazon has deepened its commitment to Br...Reuters
Mon, Jun 23
Argentina GDP growth fastest since 2022, though lagging forecasts
By Brendan O'Boyle BUENOS AIRES, June 23 (Reuters) - Argentina's economy grew year-on-year for the second consecutive quarter and by the most since 2022 as the economy recovers from last year's recession while still facing some headwinds, official data showed on Monday.Gross domestic...Reuters
Mon, Jun 23
