News
Important Only
USD/CHF extends losses to fresh 14-year lows sub-0.8000 amid generalised US Dollar weakness
The Swiss Franc appreciates further, as the USD/CHF hits levels below 0.8000 for the first time since September 2011. The US Dollar is tumbling on a mix of improving appetite for risk and weak US data that is feeding hopes of Fed rate cuts.
Fxstreet
Fri, Jun 27
FOREX-Dollar hovers near 3-1/2-year low as traders wager on US rate cut
Euro, sterling perched at highest since late 2021Powell's replacement chatter stokes Fed rate cut wagers Dollar down 10% so far this yearTaiwan dollar on the rise, hits highest since April 2022By Ankur Banerjee and Lucy Raitano SINGAPORE/LONDON, June 27 (Reuters) - The U.S. dollar hovered nea...Reuters
Fri, Jun 27
USD/MXN extends losses and nears the 11-month low, at 18.82
The Mexican Peso is trading with marginal gains on Friday, appreciating for the fifth consecutive day and on track to a 2.4% weekly rally as the US Dollar weakness has offset the impact of a 50 bps rate cut by the Bank of Mexico.
Fxstreet
Fri, Jun 27
NZD/USD holds steady above 0.6050 after news of progressing US-China trade talks
NZD/USD continues its winning streak for the fifth consecutive session, trading around 0.6070 during the European hours on Friday. The pair gained ground as the US Dollar (USD) struggled due to renewed concerns over the US Federal Reserve’s (Fed) independence.
Fxstreet
Fri, Jun 27
EUR/GBP weakens to near 0.8500 ahead of Eurozone Consumer Confidence
The EUR/GBP cross loses traction to near 0.8515 during the early European session on Friday. The Pound Sterling (GBP) strengthens against the Euro (EUR) despite growing concerns over the UK labor market and a slight slowdown in consumer inflation expectations.
Fxstreet
Fri, Jun 27
REFILE-INDIA RUPEE-Rupee's upside capped by dollar bids from foreign and state-run banks
By Jaspreet Kalra MUMBAI, June 27 (Reuters) - The Indian rupee edged higher on Friday as the dollar grappled with concerns over the future independence of the Federal Reserve and heightened expectations of cuts to U.S. benchmark interest rates. However, dollar bids from foreign and state...Reuters
Fri, Jun 27
FOREX-Dollar hovers near 3-1/2-year low as traders wager on US rate cut
Euro, sterling perched at highest since late 2021Powell's replacement chatter stokes Fed rate cut wagers Dollar down 10% so far this yearTaiwan dollar on the rise, hits highest level since April 2022By Ankur Banerjee SINGAPORE, June 27 (Reuters) - The U.S dollar wobbled on Friday, hovering ne...Reuters
Fri, Jun 27
AUD/JPY Price Forecast: Edges higher in a multi-week-old range, up a little above mid-94.00s
The AUD/JPY cross trims a part of modest Asian session gains to the 94.85 region, or the highest level since May 14, though it retains the positive bias amid mixed cues. Spot prices currently trade around the 94.60 area, up less than 0.10% for the day.
Fxstreet
Fri, Jun 27
