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EUR consolidates rally just below Thursday’s multi-year high – Scotiabank
The Euro (EUR) is quietly consolidating this week’s rally to a fresh multi-year high and entering Friday’s NA session largely unchanged against the US Dollar (USD), Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Fri, Jun 27
JPY: Some relief from inflation – Commerzbank
Inflation in the Greater Tokyo Area, a reliable early indicator of price trends throughout Japan, rose less sharply than expected in June. Prices rose by 3.1% year-on-year, compared with a rise of 3.4% during the previous month, Commerzbank's FX analyst Volkmar Baur notes.
Fxstreet
Fri, Jun 27
USD/JPY: Any advance is unlikely to break clearly above 145.55 – UOB Group
US Dollar (USD) could rebound further against Japanese Yen (JPY), but any advance is unlikely to break clearly above 145.55. In the longer run, USD appears to have moved into a range trading phase between 143.50 and 146.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jun 27
Dollar question hovers over top central bankers meeting in Sintra
Heads of Fed, ECB, BoJ, BoE and BoK meetInvestors await comments on trade, dollar statusBy Francesco Canepa and Balazs Koranyi FRANKFURT, June 27 (Reuters) - A million-dollar question will hang over the world's top central bankers when they meet in Sintra, Portugal, next week: Is the monetary...Reuters
Fri, Jun 27
JPY: Slower inflation delays JPY gains – ING
The Japanese Yen (JPY) has been the only G10 currency losing against the dollar since the start of June, with the key driver being a dovish reassessment of Bank of Japan rate expectations after the latest meeting, ING's FX analyst Francesco Pesole notes.Fxstreet
Fri, Jun 27
AUD/USD retreats from 0.6560 YTD highs ahead of the US PCE Inflation release
The Aussie Dollar hit a fresh seven-month high at 0.6660 earlier on Friday but has failed to consolidate at those levels and is pulling lower at the time of writing, with investors paring back US Dollar shorts ahead of the release of the US PCE Prices Index report.The pair remains on track for a 1.Fxstreet
Fri, Jun 27
USD/CAD finds support right above 1.3600 ahead of US inflation, Canadian GDP data
The US Dollar has found some buyers at the 1.3610 area and is trading with marginal gains on Thursday, with investors awaiting key data releases from the US and Canada, due later today.The pair, however, remains on its back foot, trading 0.9% lower so far this week, as the easing geopolitical concerFxstreet
Fri, Jun 27
Sterling keeps climbing on struggling dollar
LONDON, June 27 (Reuters) - The pound was set for its biggest weekly gain against the dollar in nearly four months on Friday and held close to its near four-year high hit the previous day, though that was more due to dollar weakness than sterling strength. The pound was last up 0.14% on the dollar a...Reuters
Fri, Jun 27
EMERGING MARKETS-FX, stocks steady ahead of US inflation data; trade progress monitored
US inflation data in focus Trump says US and China signed trade deal, details unclear S&P and Moody's downgrade Colombia's debt ratingMSCI EM indexes set for biggest weekly rise since April By Purvi Agarwal June 27 (Reuters) - Most emerging market currencies and stocks were higher on ...Reuters
Fri, Jun 27
