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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
AUD/JPY Price Forecast: Slips below 94.00 as Middle East de-escalation lifts safe havens
The AUD/JPY retreats amid a risk-on mood, spurred by the de-escalation of the Middle East conflict. This pushed safe-haven currencies, except for the US Dollar, higher during Tuesday’s session, to the detriment of the Australian Dollar.
Fxstreet
Tue, Jun 24
FOREX-Dollar drops on Middle East optimism, euro highest since 2021
Trump announces Iran, Israel ceasefireEuro, yen gain as oil prices drop, risk currencies rallyFed's Powell expects inflation to rise this summerBy Karen Brettell NEW YORK, June 24 (Reuters) - The dollar fell on Tuesday and the euro rose to its highest level since October 2021 after a ceas...Reuters
Tue, Jun 24
CORRECTED-US investor strikes $1 billion merger to create bitcoin treasury company
ProCap BTC raises $750 million in equity and convertible noteProCap Financial to use bitcoin for revenue via lending, derivativesInstitutional investors commit capital, but Reuters can't verify investmentsBy Gertrude Chavez-Dreyfuss BOSTON, June 23 (Reuters) - U.S. investor and entrepreneur A...Reuters
Tue, Jun 24
Fed's Williams says dollar remains dominant on global stage
ALBANY, June 24 (Reuters) - Federal Reserve Bank of New York President John Williams said on Tuesday he sees no current threat to dethrone the dollar as the dominant global reserve currency.Foreigners' holdings of dollars “hasn’t fundamentally changed at all” and the dollar is still the main res...Reuters
Tue, Jun 24
USD/CHF nears multi-year lows, Fed dovish tilt weighs on US Dollar
The Swiss Franc (CHF) trades stronger against the US Dollar (USD) on Tuesday, building on Monday’s gains amid a broadly weaker Greenback as geopolitical tensions ease following a ceasefire agreement between Iran and Israel.
Fxstreet
Tue, Jun 24
Russian rouble stable vs US dollar despite oil price fall
MOSCOW, June 24 (Reuters) - The Russian rouble was stable against the U.S. dollar on Tuesday despite prices for oil, Russia's main export commodity, tumbling to a two-week low on what the market viewed as a lower risk of supply disruptions in the Middle East. By 0830 GMT, the rouble RUB= was up ...Reuters
Tue, Jun 24
CANADA FX DEBT-Canadian dollar gains as CPI data fails to boost rate cut bets
Canadian dollar gains 0.3% against the greenbackTrades in a range of 1.3679 to 1.3738Annual rate of CPI holds steady at 1.7%Bond yields edge lower across the curveBy Fergal Smith TORONTO, June 24 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday, as domestic dat...Reuters
Tue, Jun 24
FOREX-Dollar drops after cease fire announcement
Trump announces Iran, Israel ceasefireEuro, yen gain as oil prices drop, risk currencies rallyFed's Powell to testify before U.S. CongressBy Karen Brettell NEW YORK, June 24 (Reuters) - The dollar was broadly lower on Tuesday after the announcement of a ceasefire between Israel and Iran and a...Reuters
Tue, Jun 24
GBP/USD nears 1.3600 as ceasefire fails, Powell tempers rate cut hopes
The Pound Sterling extended its gains versus the US Dollar on Tuesday, as the proposed ceasefire between Israel and Iran was violated by both parties, despite US President Donald Trump's warning. Nevertheless, the risk appetite remains strong, despite the ongoing developments in the Middle East.Fxstreet
Tue, Jun 24
