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Euro posts modest gains above 1.1600, Middle East tensions curb upside
The EUR/USD pair posts modest gains around 1.1635 during the early Asian session on Tuesday. Nonetheless, the potential upside might be limited, as Iran announced a halt to US negotiations and a full closure of the Strait of Hormuz, which could prompt risk-off sentiment.
Fxstreet
Tue, Jun 2
New Zealand Dollar rides the RBNZ hawks into a payrolls week
The New Zealand Dollar (NZD) is in an odd spot: it has one of the few central banks in the developed world openly leaning toward higher rates, yet it still spent Monday on the back foot, down close to 1% on the day. That tells you most of what you need to know about whose week this is.
Fxstreet
Mon, Jun 1
Japanese Yen drifts back to the intervention line, daring Tokyo to act
The Japanese Yen (JPY) keeps doing the one thing Tokyo least wants: drifting weaker into the zone where intervention becomes a live question. USD/JPY firmed back above 159.50 and pressed toward the 160.00 handle on Monday, the same threshold that triggered official Yen-buying at the end of April.Fxstreet
Mon, Jun 1
Forex Today: US Dollar gains ground after strong Manufacturing data as US-Iran tensions persist
The US Dollar Index (DXY) rises toward the 99.20 region on Monday after stronger-than-expected US manufacturing data reinforced confidence in the resilience of the United States (US) economy.Fxstreet
Mon, Jun 1
Canadian Dollar falls against the US Dollar as markets remain cautious over Iran tensions
The Canadian Dollar (CAD) trades on the back foot against the US Dollar (USD) on Monday as renewed tensions in the Middle East lift the Greenback. At the time of writing, USD/CAD trades around 1.3834, up nearly 0.27% on the day.
Fxstreet
Mon, Jun 1
Australian Dollar falls as strong US manufacturing data boosts Greenback
The AUD/USD pair trades near the 0.7160 region on Monday as the United States Dollar (USD) strengthens following upbeat manufacturing data, while renewed geopolitical tensions and cautious market sentiment weigh on the Australian Dollar (AUD).Fxstreet
Mon, Jun 1
EUR/USD slips as renewed Middle East tensions boost the Greenback
EUR/USD comes under renewed selling pressure on Monday as initial optimism surrounding a potential US-Iran peace deal fades amid escalating tensions in the Middle East. At the time of writing, the pair trades around 1.1626, down nearly 0.30% on the day.Fxstreet
Mon, Jun 1
Japanese Yen falls amid strong US manufacturing data
The USD/JPY pair advances toward the 159.70 region, very close to intervention levels near 160.00, on Monday, as the United States Dollar (USD) strengthens following stronger-than-expected manufacturing data, while escalating geopolitical tensions in the Middle East keep market participants cautiousFxstreet
Mon, Jun 1
Swiss Franc weakens as fading US-Iran deal hopes lift the US Dollar
USD/CHF edges higher on Monday as fading hopes for a near-term US-Iran peace deal underpin the US Dollar (USD) and keep the Swiss Franc (CHF) under pressure despite stronger-than-expected Swiss Gross Domestic Product (GDP) figures.
Fxstreet
Mon, Jun 1
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