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ECB’s Lane: A range of forward-looking signals point to inflationary pressures in coming months
European Central Bank (ECB) Chief Economist Philip Lane said at the European Parliament in Brussels that inflationary pressures in the Eurozone economy could remain above 2% for quite some time despite peace prospects between the United States (US) and Iran.
Fxstreet
Tue, Jun 23
The Canadian Dollar hits 14-month lows: Why higher inflation is unlikely to support the Loonie for now
The Canadian Dollar (CAD) is facing renewed pressure as USD/CAD extends its rally to 14-month highs, with Societe Generale noting a decisive shift in momentum and RBC highlighting that domestic inflation remains skewed by volatile energy costs.
Fxstreet
Tue, Jun 23
USD/CHF Price Forecast: Sits near November 2025 top as bulls await move beyond 0.8100
The USD/CHF pair trades with a positive bias for the fifth straight day on Tuesday, near its highest level since November 2025, with bulls awaiting sustained strength above the 0.8100 mark before positioning for further gains.
Fxstreet
Tue, Jun 23
Eurozone flash Manufacturing PMI rises faster-than-expected to 51.3 in June
Eurozone’s flash Manufacturing Purchasing Managers’ Index (PMI) arrives at 51.3 in June, higher than 51.2 estimates, but lower than 51.6 in May. The overall business activity has improved significantly, but remained in the contraction phase.Fxstreet
Tue, Jun 23
Euro inches lower following HCOB PMI data from Germany
EUR/USD held ground after registering modest losses in the previous day, trading around 1.1430 during the European hours on Tuesday. However, the pair withdraws its daily gains following the release of HCOB Purchasing Managers Index (PMI) data from Germany.Fxstreet
Tue, Jun 23
British Pound edges lower vs JPY on UK politics, intervention fears; looks to UK PMIs
The GBP/JPY cross struggles to capitalize on the previous day's solid intraday bounce from the vicinity of a one-month trough, touched last week, and edges lower on Tuesday. Spot prices, however, lack bearish conviction and currently trade just below the 214.00 mark amid mixed fundamental cues.
Fxstreet
Tue, Jun 23
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