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GBP/JPY nears YTD highs above 198.00 amid a moderate risk appetite
The Pound resumed its positive trend as the safe-haven Yen struggles in risk-on marketsA divided BoJ committee puts further rate hikes into question and adds bearish pressure on the Yen,GBP/JPY has rallied 1.6% over the last five days, nearing the YTD highs at 198.20 and 198.25.
Fxstreet
Wed, Jun 25
AUD/JPY holds positive ground above 94.00 amid improved risk sentiment
The AUD/JPY pair attracts some buyers to around 94.30 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) due to growing optimism that a ceasefire between Israel and Iran will hold after it was touted by US President Donald Trump.
Fxstreet
Wed, Jun 25
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 WuHONG KONG, June 25 (Reuters) - Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) in the first c...Reuters
Wed, Jun 25
FOREX-Dollar stalls 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 SINGAPORE, June 25 (Reuters) - The dollar struggled to regain lost ground on Wednesday as investors decided to take on more risk following ...Reuters
Wed, Jun 25
China's yuan hovers near one-month high on Mideast ceasefire optimism
HONG KONG, June 25 (Reuters) - China's yuan edged higher against the U.S. dollar on Wednesday, nearing its strongest level in a month, as a truce between Israel and Iran continued to lift market sentiment. The ceasefire brokered by U.S. President Donald Trump between Iran and Israel appeared to be..
Reuters
Wed, Jun 25
USD/CHF refreshes over-a-decade low near 0.8030 on USD’s continued underperformance
The USD/CHF pair posts a fresh over-a-decade low near 0.8034 during Asian trading hours on Wednesday. The Swiss Franc pair faces a sharp selling pressure as the US Dollar (USD) continues to underperform its peers after a ceasefire between Israel and Iran.
Fxstreet
Wed, Jun 25
EUR/USD strengthens above 1.1600 on risk-on mood
The EUR/USD pair edges higher to around 1.1615 during the early European session on Wednesday. The improved risk sentiment provides some support to the Euro (EUR) against the Greenback. Traders will take more cues from the Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday.
Fxstreet
Wed, Jun 25
Silver Price Forecast: XAG/USD posts modest gains near $36.00 on weaker US Dollar
The Silver price (XAG/USD) posts modest gains near $35.95 during the Asian session on Wednesday. The weaker US Dollar (USD) provides some support to the USD-denominated commodity price. Traders brace for Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday.
Fxstreet
Wed, Jun 25
Australia, NZ dollars ride risk recovery, rate cut priced in
By Wayne Cole SYDNEY, June 25 (Reuters) - The Australian and New Zealand dollars edged higher on Wednesday as a truce in the Middle East seemed to be largely holding for the moment, outweighing a soft domestic inflation report that merely solidified wagers for a near-term rate cut.Australia's...Reuters
Wed, Jun 25
GBP/USD holds gains above 1.3600 due to improved risk appetite
GBP/USD extends its winning streak for the third successive session, trading around 1.3620 during the Asian hours on Wednesday. The pair is hovering around 1.3648, the highest since February 2022, which was recorded on Tuesday.Fxstreet
Wed, Jun 25
Japanese Yen stands firm near one-week high against USD amid BoJ rate hike bets
The Japanese Yen (JPY) remains on the front foot against its American counterpart during the Asian session on Wednesday and remains close to a one-week high touched the previous day amid a combination of supporting factors.
Fxstreet
Wed, Jun 25
Australian Dollar remains strong despite a weaker-than-expected Monthly CPI
The Australian Dollar (AUD) extends its gains for the third successive session on Wednesday. The AUD/USD pair remains stronger following the release of Australia’s Monthly Consumer Price Index (CPI), which climbed by 2.1% year-over-year in May.
Fxstreet
Wed, Jun 25
FOREX-Dollar stumbles as optimism from fragile Israel-Iran truce lingers
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 SINGAPORE, June 25 (Reuters) - The dollar struggled to regain lost ground on Wednesday as investors who have been starved of good news latc...Reuters
Wed, Jun 25
USD/CAD holds below 1.3750 on easing Middle East tensions
The USD/CAD pair trades with mild losses near 1.3725 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the Canadian Dollar (CAD) amid easing Middle East tensions. Investors will keep an eye on Federal Reserve (Fed) Chair Jerome Powell testifies later on Wednesday.Fxstreet
Tue, Jun 24
