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FOREX-Dollar hits fresh lows as Trump attacks threaten Fed credibility
Dollar at multi-year lows on euro, sterling, Swiss francWSJ reports Trump considering early pick for Fed chairLoss of US exceptionalism undermining dollarBy Wayne Cole SYDNEY, June 26 (Reuters) - The dollar eased to a fresh 3-1/2-year low on the euro on Thursday as concerns about the future indep...Reuters
Thu, Jun 26
USD/CAD softens below 1.3750 on Middle East optimism
The USD/CAD pair trades with mild losses around 1.3720 during the early Asian session on Thursday. The Greenback remains weak as traders continue to assess the ceasefire in the Middle East and the cautious tone from Federal Reserve (Fed) Chair Jerome Powell.
Fxstreet
Wed, Jun 25
Silver Price Forecast: XAG/USD climbs above $36.00 on weak US Dollar
Silver price advances by nearly 1% on Wednesday, as the US Dollar depreciates due to month-end flows, along with expectations of falling US Treasury yields. At the time of writing, XAG/USD trades at $36.25, after bouncing off daily lows of $35.68.
Fxstreet
Wed, Jun 25
EUR/USD hits 3-year high above 1.1650 as Fed cut bets grow, Dollar dives
EUR/USD rallied to its highest level since October 2021, above the 1.1650 level on Wednesday, driven by a risk-on mood sparked by the de-escalation of the Iran-Israel conflict and broad weakness in the US Dollar.
Fxstreet
Wed, Jun 25
Canadian Dollar flubs bullish momentum, but pumps the brakes on losses
The Canadian Dollar (CAD) snapped a meager two-day win streak against the US Dollar (USD) on Wednesday. The Loonie pared limited gains against the Greenback, but held steady near the 1.3700 handle during the midweek market session.Fxstreet
Wed, Jun 25
FOREX-Dollar lowest since 2021 against euro, gains on yen
Dollar mixed, volatility declines after large dollar dropOptimism over fragile Israel-Iran truce keeps mood buoyantFed Chair Powell repeats concern about tariffs causing inflationBy Karen Brettell NEW YORK, June 25 (Reuters) - The dollar fell to multi-year lows against the euro and sterling on We...Reuters
Wed, Jun 25
CANADA FX DEBT-Loonie steadies, bond yields climb as Canada commits to defense spending surge
Loonie trades in a range of 1.3715 to 1.3754Defense spending set to rise to 5% of GDPPrice of oil increases 1.5%10-year yield rises 4.8 basis pointsBy Fergal Smith TORONTO, June 25 (Reuters) - The Canadian currency was barely changed against its U.S. counterpart on Wednesday and bond yields climb...Reuters
Wed, Jun 25
Forex Today: Focus remains on US data and comments from central bankers
The Greenback remained on the back foot, surrendering initial gains and refocusing on the downside as market participants kept assessing the ceasefire in the Middle East as well as the cautious message from Chair Powell.Fxstreet
Wed, Jun 25
European Commission to allow stablecoin interchangeability
Commission set to issue guidance on EU's stablecoin rulesInterchangeability of EU and non-EU tokens to be allowedECB has warned of stablecoin risksBy Valentina Za and Elizabeth Howcroft MILAN, June 25 (Reuters) - The European Commission is set to clarify that the European Union's crypto r...Reuters
Wed, Jun 25
USD/JPY climbs as Yen slips on cautious BoJ, steady DXY
The Japanese Yen (JPY) weakens against the US Dollar (USD) on Wednesday, halting a two-day winning streak as the Greenback finds footing. A stabilizing US Dollar Index (DXY) and cautious sentiment following the Bank of Japan’s (BoJ) latest policy commentary weighed on the Yen.
Fxstreet
Wed, Jun 25
GBP/USD holds above 1.3600 as ceasefire lifts mood, BoE turns dovish
The Pound Sterling extends its gains to three straight days during the week, amid an upbeat market mood triggered by the ceasefire of the Israel-Iran conflict. Nevertheless, the truce remains fragile after both parties exchanged blows close to or after the deadline proposed by Washington.Fxstreet
Wed, Jun 25
FOREX-Dollar mixed, investors return focus to Fed, trade
Dollar mixed as markets consolidate following large dollar dropOptimism over fragile Israel-Iran truce keeps mood buoyantFed Chair Powell testifies to US Congress for second dayBy Karen Brettell NEW YORK, June 25 (Reuters) - The dollar was mixed on Wednesday in what analysts said was largely cons...Reuters
Wed, Jun 25
