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Russian rouble flat vs US dollar, ignoring oil volatility
MOSCOW, June 25 (Reuters) - The Russian rouble was flat against the U.S. dollar as well as China's yuan on Wednesday, ignoring volatility in the oil market related to the conflict between Israel and Iran. By 0950 GMT, the rouble RUB= traded at 78.35 per U.S. dollar, according to LSEG data...Reuters
Wed, Jun 25
USD/JPY: Decline finds support at 21, 50 DMAs – OCBC
USD/JPY turned lower, tracking the dip in UST yields (on dovish Fed rhetoric) while oil prices hold losses (as geopolitical tensions in Middle East subsided for now). USD/JPY was last at 145.62 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Wed, Jun 25
AUD/USD: Expected to trade in a sideways range of 0.6465/0.6515 – UOB Group
Australian Dollar (AUD) is expected to trade in a sideways range of 0.6465/0.6515 against US Dollar (USD). In the longer run, current price movements are likely part of a broad range trading phase between 0.6385 and 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Wed, Jun 25
EMERGING MARKETS-FX, stocks steady as investors tiptoe around fragile Middle East truce
MSCI FX up 0.1%, stocks gain 0.9%Czech central bank expected to hold rates at policy meetingShanghai stocks close at six month high Bulgaria to remain standalone market, MSCI saysBy Purvi Agarwal June 25 (Reuters) - Most emerging market stocks and currencies were stable on Wednesday as investors ...Reuters
Wed, Jun 25
EUR/JPY Price Forecast: Rises toward 169.00 near ascending channel’s upper boundary
EUR/JPY retraces its recent losses registered in the previous session, trading around 168.80 during the European hours on Wednesday. According to the technical analysis of the daily chart, the currency cross remains within the ascending channel pattern, strengthening the bullish bias.
Fxstreet
Wed, Jun 25
FOREX-Dollar runs out of steam as Israel-Iran truce boosts risk appetite
Dollar struggling to recoup lossesOptimism over shaky Israel-Iran ceasefire keeps mood buoyantFed Chair Powell says he is in no hurry to ease ratesBy Rae Wee and Amanda Cooper SINGAPORE/LONDON, June 25 (Reuters) - The dollar struggled to regain lost ground on Wednesday as investors decided to tak...Reuters
Wed, Jun 25
EUR: Testing the big resistance – ING
The EUR/USD rally stalled again in the 1.160-1.165 area and it is plausible markets may require a more compelling macro story (most likely from the US) rather than the mere unwinding of geopolitical risks for a break higher, ING's FX analyst Francesco Pesole notes.
Fxstreet
Wed, Jun 25
Investment firm PAG raises $432 million in first yuan-denominated buyout fund, sources say
PAG yuan-denominated fund exceeds initial target, sources sayPAG yuan fund will focus on control deals in China China PE deals fall to lowest first-half level since 2013By Kane Wu HONG KONG, June 25 (Reuters) - Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) at the fir...Reuters
Wed, Jun 25
NZD/USD rises above 0.6000 as US Dollar remains subdued due to dampened safe-haven demand
NZD/USD extends its winning streak for the third successive session, trading around 0.6030 during the early European hours on Wednesday. The pair remains stronger following the trade balance data, released by Statistics New Zealand.Fxstreet
Wed, Jun 25
Swedish central bank open to cut but uncertainty high, minutes show
STOCKHOLM, June 25 (Reuters) - Sweden's central bank could ease policy again before the end of the year if growth disappoints and inflation remains tame, minutes from the meeting last week at which the Riksbank cut its key interest rate to 2.00%, published on Wednesday, showed."We are signal...Reuters
Wed, Jun 25
