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Canadian Dollar struggles to gain traction despite stronger inflation data
USD/CAD trades little changed on Monday after a brief bout of weakness following stronger-than-expected Canadian inflation data. At the time of writing, the pair is trading around 1.4165, hovering near its highest level since April 2025.Fxstreet
Mon, Jun 22
British Pound: Sterling seen vulnerable to Dollar path – Societe Generale
Societe Generale’s Kit Juckes notes that UK political change is generating only modest Sterling (GBP) weakness, with EUR/GBP seen one to two percentage points higher and GBP/USD likely to test 1.30 this summer.Fxstreet
Mon, Jun 22
British Pound rallies as Starmer exit is expected to end political uncertainty
The British Pound (GBP) is. showing the strongest performance among the major currencies on Monday, rallying 0.3% against the Japanese Yen, 0.14% against the Euro, and ticking up 0.05% against the Dollar after reversing previous losses.Fxstreet
Mon, Jun 22
Japanese Yen dips despite warnings as Fed hike bets, Iran tensions lift US Dollar
USD/JPY advances toward 161.70 on Monday, gaining around 0.25% at the time of writing, as the US Dollar (USD) benefits from both renewed risk aversion linked to geopolitical tensions in the Middle East and stronger expectations for tighter monetary policy in the United States (US).
Fxstreet
Mon, Jun 22
British Pound jumps against the Japanese Yen as UK PM Starmer steps down
The British Pound (GBP) accelerates its recovery against the Japanese Yen (JPY) on Monday to test levels above 214.00 at the time of writing. The Sterling is being boosted across the board, as investors welcome the decision of the United Kingdom Prime Minister, Keir Starmer, to step down.
Fxstreet
Mon, Jun 22
Euro advances as Eurozone PMIs and Lagarde speeches take focus while Yen stays pressured
EUR/JPY advances toward 185.30 on Monday, gaining 0.16% at the time of writing, as markets prepare for the release of the Eurozone’s preliminary HCOB Purchasing Managers Index (PMI) data and closely watch speeches from the President of the European Central Bank (ECB).
Fxstreet
Mon, Jun 22
British Pound edges up above 1.3200 after PM Keir Starmer’s resignation
The British Pound (GBP) nudged up above 1.3200 against the US Dollar (USD) on Monday and maintains a mild positive tone, despite news that Sir Keir Starmer resigned as Prime Minister of the United Kingdom and Leader of the Labour Party.Fxstreet
Mon, Jun 22
NZD/USD drops to fresh low since April vs bullish USD amid hawkish Fed, Iran uncertainty
The NZD/USD pair drifts lower for the fourth consecutive day – also marking the sixth day of a negative move in the previous seven – and drops to its lowest level since April 8 during the first half of the European session on Monday.
Fxstreet
Mon, Jun 22
Canadian Dollar: Downtrend extends versus US Dollar – Societe Generale
Societe Generale highlights that USD/CAD has accelerated higher after breaking a descending trend line in place since last year, signalling a momentum shift and an attempted breakout from a broad multi-month range.Fxstreet
Mon, Jun 22
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