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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
GBP/USD holds steady post-FOMC, BoE on deck
GBP/USD spun a circle on Wednesday, rising and falling through the Federal Reserve’s (Fed) latest rate hold. Cable is caught in intraday consolidation near the 1.3400 handle, as Pound Sterling traders gear up for the Bank of England’s (BoE) own interest rate decision, due early Thursday.
Fxstreet
Wed, Jun 18
Rio Tinto reaches $138.75 million settlement over Mongolian mine
NEW YORK, June 18 (Reuters) - Rio Tinto RIO.L, RIO.AX agreed to pay $138.75 million to settle a lawsuit accusing the Anglo-Australian mining giant of defrauding investors by failing to disclose problems with its $7 billion underground expansion of the Oyu Tolgoi copper and gold mine in Mongolia, acc...Reuters
Wed, Jun 18
Australia unemployment rate expected to signal a broadly stable labor market
The Australian Bureau of Statistics (ABS) will release the May monthly employment report at 01:30 GMT on Thursday. The country is expected to have added 25K new job positions, while the Unemployment Rate is projected to hold steady at 4.1%.
Fxstreet
Wed, Jun 18
FOREX-Dollar trades higher after Fed, investors focus on Israel-Iran conflict
Dollar moved higher after Fed held rate steadyFed sees two cuts this year, but inflation to slow future onesConcern about Middle East conflict continuesIran leader rejects U.S. demand for surrenderBy Laura Matthews NEW YORK, June 18 (Reuters) - The U.S. dollar traded higher against most major cur...Reuters
Wed, Jun 18
EUR/USD stalls below 1.15 as Fed holds, Trump comments lift Dollar
The EUR/USD trades almost flat after climbing past the 1.1500 figure, following the Federal Reserve's (Fed) decision to hold rates unchanged, amid increasing tensions in the Middle East. This, along with comments from US President Donald Trump, boosted the Dollar, capping the Euro’s (EUR) advance.
Fxstreet
Wed, Jun 18
Investors see quick stock market drop if US joins Israel-Iran conflict
Investors fear U.S. involvement in Israel-Iran conflict could affect stock marketsOil prices may rise sharply if U.S. attacks Iran, impacting global economyDollar gains as investors seek safe havenBy Noel Randewich June 18 (Reuters) - Financial markets may be in for a "knee-jerk" selloff ...Reuters
Wed, Jun 18
CORRECTED-Foreigners pare back holdings of US Treasuries as Trump's tariff chaos weighs
NEW YORK, June 18 (Reuters) - Foreign investors reduced their holdings of U.S. Treasuries in April after owning record levels of U.S. debt, data from the Treasury Department showed on Wednesday, spurning dollar-denominated assets amid chaos on the trade front as President Donald Trump imposed tariff...Reuters
Wed, Jun 18
GBP/USD inches higher as Fed holds rates, maintains 2025 cut outlook
GBP/USD trades within a 40-pip range, exhibiting mild volatility on Wednesday, after the Federal Reserve (Fed) stood pat on rates and hinted that it is still expecting two rate cuts this year. At the time of writing, the pair trades near 1.3450, posting modest gains of 0.20%, as traders await the FFxstreet
Wed, Jun 18
GBP/JPY extends slide as traders brace for BoE rate decision
The British Pound (GBP) extends its decline for the second consecutive day against the Japanese Yen (JPY) on Wednesday, as cautious sentiment dominates the market ahead of the Bank of England’s (BoE) key interest rate verdict due on Thursday.
Fxstreet
Wed, Jun 18
AUD/USD strengthens ahead of the Fed rate decision, Australian employment
The Australian Dollar (AUD) is gaining ground against the US Dollar (USD) on Wednesday, supported by a softer Greenback as market participants await the outcome of the Federal Reserve’s (Fed) policy decision.Fxstreet
Wed, Jun 18
GBP/USD rebounds as Fed, BoE decisions loom amid geopolitical jitters
The GBP/USD recovers some ground on Wednesday as traders await the Federal Reserve's (Fed) monetary policy decision, amid heightened tensions in the Middle East and the release of jobless claims data in the US. At the time of writing, the pair trades at 1.3452, up 0.19%.Fxstreet
Wed, Jun 18
FOREX-Dollar trades lower as investors focus on Israel-Iran conflict ahead of Fed decision
Dollar holds lower ranges as Middle East conflict continuesSafe havens strengthen modestlyPound rises after UK inflation dataFed expected to leave interest rates unchanged By Amanda Cooper and Laura Matthews NEW YORK/LONDON, June 18 (Reuters) - The U.S. dollar traded mostly lower against the yen ...Reuters
Wed, Jun 18
