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Pound Sterling faces selling pressure ahead of BoE’s monetary policy announcement
The Pound Sterling (GBP) trades lower against its major peers, except antipodeans, on Thursday. The British currency faces selling pressure ahead of the Bank of England’s (BoE) monetary policy announcement due at 11:00 GMT.
Fxstreet
Thu, Jun 19
NZD/USD Price Forecast: Targets 0.5950 support near 50-day EMA
NZD/USD falls nearly 1% on Thursday, trading around 0.5970 during the early European hours on Thursday. The technical analysis of the daily chart suggests the emergence of a bearish bias, as the pair has broken below the lower boundary of the ascending channel pattern.
Fxstreet
Thu, Jun 19
Rio Tinto reaches $138.75 million settlement over Mongolian mine
By Clara Denina and Jonathan Stempel NEW YORK/LONDON, June 18 (Reuters) - Rio Tinto RIO.L, RIO.AX agreed to pay $138.75 million to settle a lawsuit that accused the Anglo-Australian mining giant of defrauding investors by concealing problems with its $7 billion underground expansion of the Oyu To...Reuters
Thu, Jun 19
Sterling slips ahead of Bank of England decision; Middle East in focus
LONDON, June 19 (Reuters) - Sterling slipped versus a stronger dollar on Thursday ahead of the Bank of England's policy decision, with no change to rates the widely expected outcome, while investor sentiment remained fragile given the flaring conflict in the Middle East. At 0618 GMT the pound wa...Reuters
Thu, Jun 19
EUR/GBP hovers around 0.8550 as traders adopt caution ahead of BoE’s decision
EUR/GBP extended its winning streak for the fourth consecutive day, trading near 0.8550 during the Asian hours on Thursday. The currency cross remains steady ahead of the Bank of England’s (BoE) interest rate decision scheduled later in the day.
Fxstreet
Thu, Jun 19
USD/CAD Price Forecast: Recovers to near 20-day EMA
The USD/CAD pair extends its two-day recovery move to near 1.3710 during Asian trading hours on Thursday. The Loonie pair attracts bids as the US Dollar (USD) gains further, while Middle East tensions have escalated amid the possibility of the United States (US) striking Iran, Bloomberg reported.
Fxstreet
Thu, Jun 19
FOREX-Dollar advances as Mideast worries rise and as Powell flags inflation risks
Middle East tensions dampen sentiment; dollar firms on safe-haven demandPowell warns on inflation risks from tariffsBoE, SNB and Norges Bank meeting on ThursdayBy Ankur Banerjee SINGAPORE, June 19 (Reuters) - The dollar firmed on Thursday, buoyed by safe-haven demand due to the looming threat of ...Reuters
Thu, Jun 19
EUR/USD extends downside to near 1.1450 ahead of ECB’s Lagarde speech
The EUR/USD pair extends the decline to near 1.1465 during the Asian session on Thursday. The Euro (EUR) weakens against the Greenback amid the risk-off mood due to rising geopolitical tensions in the Middle East.
Fxstreet
Thu, Jun 19
GBP/USD holds losses near 1.3400 ahead of BoE’s policy decision
GBP/USD remains subdued for the third consecutive session, trading around 1.3410 during the Asian hours on Thursday. The pair faces challenges as the US Dollar (USD) gains ground amid increased safe-haven demand, driven by escalating tensions between Israel and Iran.Fxstreet
Thu, Jun 19
Australia, NZ dollars take collateral damage from Mideast conflict
By Wayne Cole SYDNEY, June 19 (Reuters) - The Australian and New Zealand dollars slid on Thursday as concerns the United States was inching closer to striking Iran dampened risk sentiment, while domestic data was too mixed to offer much direction. The Aussie, often used as a proxy for risk as...Reuters
Thu, Jun 19
Australian Dollar holds losses following labor data, eyes on Middle East
The Australian Dollar (AUD) depreciated against the US Dollar (USD) on Thursday, retracing its recent gains registered in the previous session. The AUD/USD pair holds losses following the employment data release from Australia.
Fxstreet
Thu, Jun 19
FOREX-Dollar steady as Powell flags inflation risks; Mideast worries rise
Currencies muted after Fed, Powell comments Middle East tensions dampen sentimentCentral Bank bonanza continues with BoE, SNB and Norges Bank meetingBy Ankur Banerjee SINGAPORE, June 19 (Reuters) - The dollar held steady on Thursday, as investors weighed Federal Reserve Chair Jerome Powell's ...Reuters
Thu, Jun 19
NZD/USD trades with mild gains above 0.6000, New Zealand economy grows faster than expected in Q1
The NZD/USD pair trades with mild gains near 0.6030 during the early Asian session on Thursday. The New Zealand Dollar (NZD) strengthens against the Greenback due to the stronger-than-expected New Zealand’s Gross Domestic Product (GDP) report.Fxstreet
Wed, Jun 18
USD/CAD gathers strength to near 1.3700 as Fed holds rate steady
The USD/CAD pair trades in positive territory for the third consecutive day near 1.3695 during the early Asian session on Thursday. The US dollar (USD) edges higher against the Canadian Dollar (CAD) after the Federal Reserve (Fed) kept interest rates unchanged at the June policy meeting.Fxstreet
Wed, Jun 18
