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GBP/USD rebounds toward 1.3450 after losing over 1% in previous session, UK CPI eyed
GBP/USD edges higher after registering over 1% losses in the previous day, trading around 1.3440 during the Asian hours on Wednesday. Traders will focus on the UK Consumer Price Index (CPI) data for May, scheduled to be released later in the day.
GBP/USD
Fxstreet
Wed, Jun 18
India Morning Newsletter, June 18
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Wed, Jun 18
INDIA RUPEE-Rupee set to plumb to 2-month low at open on fears over oil-spurred outflows
By Nimesh Vora MUMBAI, June 18 (Reuters) - The Indian rupee is set to open weaker on Wednesday, nearing a two-month low, weighed down by rising crude oil prices amid escalating Iran-Israel tensions and concerns over outflows. The 1-month non-deliverable forward indicated a open in the 86.38...
Reuters
Wed, Jun 18
Japanese Yen languishes near monthly low against USD on mixed BoJ rate hike cues
The Japanese Yen (JPY) remains on the back foot against its American counterpart for the fourth consecutive day and retests the monthly low during the Asian session on Wednesday.
USD/JPY
Fxstreet
Wed, Jun 18
FOREX-Dollar steady as investors monitor Israel-Iran conflict ahead of Fed
Middle East conflict renews bids for safety in the dollarFed widely expected to leave interest rates unchanged Trade deals scant as G7 summit concludesBy Johann M Cherian June 18 (Reuters) - The U.S. dollar held on to gains against major currencies early on Wednesday, buoyed by demand for safety ...
Reuters
Wed, Jun 18
USD/INR gains ground on Middle East jitters
The Indian Rupee (INR) edges lower to near the weakest level in more than two months on Wednesday. The Indian currency remains under selling pressure, falling alongside most Asian peers as crude oil prices surged on rising geopolitical tensions in the Middle East.
Fxstreet
Wed, Jun 18
Australian Dollar gains ground despite dampened risk sentiment
The Australian Dollar (AUD) edges higher against the US Dollar (USD) on Wednesday after registering more than 0.50% losses in the previous session. However, the AUD/USD pair struggled due to dampened risk appetite amid escalating Middle East tensions.
AUD/USD
Fxstreet
Wed, Jun 18
PBOC sets USD/CNY reference rate at 7.1761 vs. 7.1746 previous
On Wednesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1761 as compared to the previous day's fix of 7.1746 and 7.2027 Reuters estimate.
USD/CNH
Fxstreet
Wed, Jun 18
NZD/USD gathers strength above 0.6000, Fed rate decision in focus
The NZD/USD pair gathers strength to around 0.6025 during the early Asian session on Wednesday. The New Zealand Dollar (NZD) edges higher against the Greenback amid reduced rate cut expectations from the Reserve Bank of New Zealand (RBNZ).
NZD/USD
Fxstreet
Wed, Jun 18
US dollar advances broadly as Mideast tension rises
NEW YORK, June 17 (Reuters) - The U.S. dollar advanced against major currencies on Tuesday, including the euro and the yen, as softer U.S. economic data and geopolitical tensions in the Middle East following an Israeli attack on Iran kept investors on edge ahead of the Federal Reserve's decision...
Reuters
Wed, Jun 18
GBP/USD tumbles as markets pivot into safe havens on rising Middle East tensions
GBP/USD plummeted over 1.2% on Tuesday, backsliding through near-term congestion and popping out the other side near the 1.3400 handle after global investors were knocked off their pre-seeded hopes that the Israel-Iran altercation would find a quick and peaceful resolution.
GBP/USD
Fxstreet
Tue, Jun 17
USD/CAD strengthens to near 1.3700 amid geopolitical risks
The USD/CAD pair trades in positive territory near 1.3690 during the early Asian session on Wednesday. The US Dollar (USD) attracts some buyers amid escalating geopolitical tensions between Israel and Iran.
USD/CAD
Fxstreet
Tue, Jun 17
AUD/JPY Price Forecast: Struggles at 94.00, drops as Middle East fears dent risk appetite
The AUD/JPY reversed its course on Tuesday after posting solid gains on Monday of over 0.98% amid an improvement in market players' mood despite increasing tensions in the Israel-Iran conflict.
AUD/JPY
Fxstreet
Tue, Jun 17
EUR/USD plunges below 1.15 as Trump threatens Iran, Dollar surges
The EUR/USD pair is collapsing by over 0.60% as the US Dollar (USD) remains bid due to its safe-haven status amid the escalation of the Middle East conflict between Israel and Iran, which appears to be broadening as the White House considers its involvement.
EUR/USD
Fxstreet
Tue, Jun 17
Canadian Dollar snaps win streak as Greenback bids return to the fold
The Canadian Dollar (CAD) shed weight against the US Dollar (USD) on Tuesday, tumbling around one-half of one percent as risk aversion grips investors and send them piling back into the safe haven Greenback.
USD/CAD
Fxstreet
Tue, Jun 17
CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie CAD= was trading 0.6% lower at C$1.3644 to the greenback, or 73.29 U.S. cents, after trading in a range of 1.3557 to 1.3653.Canadian government 10-year bond yields CA10YT=RR ...
Reuters
Tue, Jun 17
EUR/USD slides below 1.1500 as Trump’s Iran comments lift the US Dollar
EUR/USD slipped below the key 1.1500 level on Monday, retreating from recent highs as geopolitical risks drove demand for the US Dollar.
EUR/USD
Fxstreet
Tue, Jun 17
GBP/JPY Price Forecast: Pound-Yen pares gains, eyes trendline support with Fed rate call in focus
The British Pound (GBP) weakens against the Japanese Yen (JPY) on Tuesday, slipping lower as a resilient US Dollar (USD) and a steady Yen weigh on the Pound’s appeal.
GBP/JPY
Fxstreet
Tue, Jun 17
EUR/JPY retreats from YTD high as ECB and BoJ adopt a cautious tone
The Euro (EUR) is pulling back against the Japanese Yen (JPY) on Tuesday after hitting a year-to-date high and its strongest level since July.
EUR/JPY
Fxstreet
Tue, Jun 17
USD/JPY firms as BoJ holds rates, Fed decision eyed
The Japanese Yen (JPY) is weakening against the US Dollar (USD) for the third consecutive day on Tuesday, as the Greenback remained firm amid lingering Middle East tensions and the Bank of Japan's (BoJ) status quo policy stance.
USD/JPY
Fxstreet
Tue, Jun 17
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