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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.2% higher at C$1.3646 to the greenback, or 73.28 U.S. cents, after trading in a range of 1.3635 to 1.3691.Canadian government 10-year bond yields CA1...Reuters
Wed, Jun 18
UK inflation slows but oil price jump creates new problem for Bank of England
UK inflation cools to 3.4% as expectedBank of England likely to hold interest rates on ThursdayEnergy prices, Middle East conflict raise uncertaintyRate-setters likely to emphasise 'careful' policy approachInflation fall reflects airfares, correction of tax data errorBy Andy Bruce and Willia...Reuters
Wed, Jun 18
FOREX-Dollar hovers as investors focus on Israel-Iran conflict ahead of Fed decision
Dollar holds mostly steady as Middle East conflict continuesSafe havens strengthen modestlyPound rises after UK inflation dataFed expected to leave interest rates unchanged By Amanda Cooper LONDON, June 18 (Reuters) - The U.S. dollar dipped against the yen and steadied against the Swiss franc on ...Reuters
Wed, Jun 18
USD/INR holds near two-month high amid Middle East tensions and Fed caution
The Indian Rupee (INR) remains on the back foot against the US Dollar (USD) on Wednesday, marking its second consecutive day of weakness, despite a relatively subdued Greenback ahead of the key Federal Reserve’s interest rate decision.Fxstreet
Wed, Jun 18
JPY is a relative outperformer on trade data surprise – Scotiabank
The Japanese Yen (JPY) is entering Wednesday’s NA session with a 0.3% gain, outperforming nearly all of the G10 currencies in an environment of mild USD weakness, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
Fxstreet
Wed, Jun 18
GBP/USD recovery stalls above 1.3450 with all eyes on the Fed
British Pound’s recovery attempts from Tuesday’s lows near 1.3400 have stalled about 50 pips higher on Wednesday’s European session. Investors are wary of placing US Dollar's directional bets ahead of the ªFederal Reserve’s monetary policy decision.Fxstreet
Wed, Jun 18
Namibia central bank holds repo rate to safeguard rand peg
By Nyasha Nyaungwa WINDHOEK, June 18 (Reuters) - Namibia's central bank left its main interest rate unchanged on Wednesday, saying it wanted to safeguard the local currency's peg to South Africa's rand and that global risks were limiting its ability to ease policy.It was the second me...Reuters
Wed, Jun 18
GBP: Lower inflation again, but no change in interest rates – Commerzbank
Inflation in the United Kingdom was higher than expected in April. One reason for this was the sharp increase in travel prices, which pushed up both the core and headline rate, Commerzbank's FX analyst Michael Pfister notes.Fxstreet
Wed, Jun 18
USD/CHF: Dovish cut can lend momentum – OCBC
Swiss National Bank's Monetary Policy Committee (MPC) meeting takes place tomorrow. Markets have fully priced in a 25bp cut to bring the policy rate down to zero. Pair was last at 0.8178 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.Fxstreet
Wed, Jun 18
EMERGING MARKETS-Stocks under pressure as Middle East crisis deepens
EM stocks down 0.4%, FX down 0.2%Fed's interest rate verdict awaitedBank Indonesia keeps rates on holdHungary's main stock index hits a record highPolish consumer sentiment improves in June for second month in a rowBy Nikhil Sharma June 18 (Reuters) - Emerging market stocks came under pre...Reuters
Wed, Jun 18
NZD/USD Price Forecast: Tests ascending channel’s lower boundary near 0.6000
NZD/USD is retracing its recent losses, trading around 0.6030 during the European hours on Wednesday. The technical analysis of the daily chart suggests the potential for weakening bullish bias, as the pair tests the lower boundary of the ascending channel pattern.
Fxstreet
Wed, Jun 18
