News
Important Only
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
Continental revises down profitability targets on trade turbulence
By Rachel More BERLIN, June 24 (Reuters) - German car parts supplier Continental CONG.DE revised down profitability targets for its core tyre business and with it the broader group on Tuesday, pointing to currency effects and increasing trade barriers.The company now sees its 2025 adjusted EBIT m...Reuters
Tue, Jun 24
Trading Guide Under Trump’s Tariff: Favor Euro and Yen, Emerging Market Equities Seen Most Optimistic in Two Years
TradingKey - Trading data and investor surveys indicate that Trump’s tariff policies are indeed weighing on U.S. dollar assets, and the sell-off of the greenback is more than just Wall Street analysts’ commentary. Amid prolonged uncertainty over trade policy, investors are showing a stronger ...
Brazil central bank says tightening effects yet to be felt, signals pause in rate hikes
Central bank open to resuming hikes if inflation remains above 3% targetBrazil's economy has continued to outperform expectationsShort-term inflation outlook remains adverseBy Marcela Ayres BRASILIA, June 24 (Reuters) - Brazil's central bank said on Tuesday that much of the impact fro...Reuters
Tue, Jun 24
EUR/GBP Price Forecast: Bulls test key resistance as momentum indicators cool
The Euro (EUR) is slipping against the Pound today, putting the brakes on a solid run that saw buyers firmly in control for nearly two weeks. The EUR/GBP cross is edging lower, trading around 0.8527 during the American trading hours, down about 0.40% on the day.
Fxstreet
Tue, Jun 24
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3705 to the greenback, or 72.97 U.S. cents, after trading in a range of 1.3707 to 1.3738.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Jun 24
US tax bill could have 'big influence' on Czech central bank's portfolio, official says
US tax bill may lead to reconsideration of US portfolio -KubicekUS share of global reserves could fall to 47% in a decade -KubicekChina's yuan will play important role in reserves - Bank of Zambia's MuhangaBy Yoruk Bahceli LONDON, June 24 (Reuters) - U.S. President Donald Trump's swee...Reuters
Tue, Jun 24
GBP is ignoring softer CBI sentiment – Scotiabank
Pound Sterling (GBP) is up a notable 0.6% vs. the US Dollar (USD), extending Monday’s impressive gains and pushing back toward its recent multi-year high from mid-June, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Jun 24
CAD underperforms but charts point to recovery – Scotiabank
The Canadian Dollar (CAD) is tracking a little higher on the session, with the broader drop in the USD and rebound in risk appetite overshadowing the sharp slide in crude oil prices, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.Fxstreet
Tue, Jun 24
FOREX-Euro rises, yen jumps as oil falls after Israel-Iran ceasefire
Trump says both Iran and Israel violated ceasefireHe adds Iran will never rebuild its nuclear programmeOil prices drop, risk currencies rally, Israel's shekel jumpsEyes on Powell's testimony later in the sessionBy Stefano Rebaudo June 24 (Reuters) - The euro and the yen rose against the d...Reuters
Tue, Jun 24
Brazil central bank says much of rate hike impact yet to be felt
BRASILIA, June 24 (Reuters) - Brazil's central bank said on Tuesday that much of the impact from its "particularly quick and very firm" tightening cycle is yet to be felt, which is why it now foresees a pause in interest rate increases to assess those effects.In the minutes of last week&...Reuters
Tue, Jun 24
Central bank body BIS delivers stark stablecoin warning
BIS warns stablecoin carry multitude of system-wide risksRisks include monetary sovereignty, EM capital flight Central banks need to boldly pursue tokenisationBy Marc Jones LONDON, June 24 (Reuters) - The Bank for International Settlements issued its starkest warning yet on the risks posed by sta...Reuters
Tue, Jun 24
