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EUR/JPY Price Forecast: Key upside barrier emerges near 166.50
The EUR/JPY cross extends its upside to around 166.50 during the early European trading hours on Monday. A generally positive tone around the equity markets weighs on the safe-haven currency like the Japanese Yen (JPY).
Fxstreet
Mon, Jun 16
RPT-EXCLUSIVE-Crypto giants set for EU green light amid growing regulatory rift, sources say
Gemini set to get licence from Malta - sourcesCoinbase poised to get green light from Luxembourg, says sourceApprovals fuel row among European regulatorsBy Elizabeth Howcroft and John O'Donnell PARIS/FRANKFURT, June 13 (Reuters) - Two of the world’s largest cryptocurrency companies are poised...Reuters
Mon, Jun 16
GBP/USD Price Forecast: Treads water above 1.3550, nine-day EMA
The GBP/USD pair has recovered its daily losses, trading around 1.3570 during the Asian hours on Monday. The bullish bias may weaken as the daily chart’s technical analysis indicates that the pair is hovering around the ascending channel pattern.
Fxstreet
Mon, Jun 16
FOREX-Dollar steady with focus on Middle East conflict, central bank meetings
Markets fear Israel-Iran fighting could spill over into regional conflictECB relaxed about euro strength, de Guindos saysMonetary policy decisions by Fed, BOJ, BoE due through the weekBy Johann M Cherian June 16 (Reuters) - The dollar held its ground in choppy trading on Monday, as investors keen...Reuters
Mon, Jun 16
Thai commerce minister confident of negotiating U.S. tariffs as low as 10%
BANGKOK, June 16 (Reuters) - Thailand's commerce minister on Monday said his country would have trade talks with the United States and expressed confidence both sides could agree on good terms on tariffs, possibly as low as 10%. Pichai Naripthaphan told reporters he expected the talks would ...Reuters
Mon, Jun 16
GBP/JPY struggles to break above 196.00 ahead of BoJ-BoE monetary policy
The GBP/JPY pair struggles to extend its upside above 196.00 from the last three trading sessions. During Asian trading hours on Monday, the cross has faced pressure near 196.00 again and has ticked down to near 195.50.
Fxstreet
Mon, Jun 16
USD/INR refreshes two-month high on rising Oil prices, foreign outflows
The Indian Rupee (INR) posts a fresh two-month low, slightly above 86.20 against the US Dollar (USD) at the start of the week. The USD/INR pair faces selling pressure as the US Dollar ticks up amid an increase in its safe-haven demand, following the conflict between Israel and Iran.Fxstreet
Mon, Jun 16
ECB relaxed about euro strength, risk of too low inflation, de Guindos says
Markets have understood well the ECB's signalsRisk of undershooting inflation very limited, de Guindos saysEuro's firming not a major concernBy Balazs Koranyi and Francesco Canepa FRANKFURT, June 16 (Reuters) - Tariffs will weigh on euro zone economic growth and prices for years, but ther...Reuters
Mon, Jun 16
USD/CHF strengthens above 0.8100 on renewed US Dollar demand
The USD/CHF pair gathers strength to around 0.8125 during the early European session on Monday, bolstered by the rebound in the US Dollar (USD). Investors await the Swiss May Producer and Import Prices and SECO Economic Forecasts, which will be published later on Monday.
Fxstreet
Mon, Jun 16
USD/CAD rebounds to near 1.3600 as Oil prices correct downwards, G7 Summit eyed
USD/CAD is trading around 1.3600 during the Asian hours on Monday after rebounding from eight-month low of 1.3566, which was recorded on June 13. The pair gains ground as the commodity-linked Canadian Dollar (CAD) faces challenges due to a decline in the crude Oil prices.
Fxstreet
Mon, Jun 16
Australia, New Zealand dollars vulnerable as Israel-Iran conflict escalates
SYDNEY, June 16 (Reuters) - The Australian and New Zealand dollars remained vulnerable to declines on Monday as the conflict between Israel and Iran showed no sign of cooling and oil prices climbed anew, although the sell-off in global stocks did steady a little. The Aussie AUD=D3 dropped 0....Reuters
Mon, Jun 16
Silver Price Forecast: XAG/USD drifts lower below $36.50 on rising Middle East tensions
The Silver price (XAG/USD) edges lower to around $36.20 during the Asian trading hours on Monday. The recovery in the Greenback weighs on the USD-denominated commodity price. However, the potential downside seems limited amid the escalating geopolitical tensions in the Middle East.
Fxstreet
Mon, Jun 16
NZD/USD remains above 0.6000, moves little after China’s economic data release
NZD/USD holds gains following the release of mixed economic data from China, trading around 0.6020 during the Asian hours on Monday. The National Bureau of Statistics (NBS) reported that China’s Retail Sales rose 6.4% year-over-year in May, surpassing the 5.0% expected and April’s 5.1% increase.
Fxstreet
Mon, Jun 16
FOREX-Dollar inches up as markets on edge over Middle East conflict
Dollar buoyed by safe-haven demandMarkets fear Israel-Iran fighting could spillover into regional conflictMonetary policy decisions by Fed, BOJ, BoE due through the weekBy Johann M Cherian June 16 (Reuters) - The dollar firmed against major currencies on Monday, driven by safe-haven buying from i...Reuters
Mon, Jun 16
EUR/USD remains subdued near 1.1550 due to rising Israel-Iran tensions
EUR/USD extends its losses for the second successive session, trading around 1.1540 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) gains ground amid rising safe-haven demand as geopolitical tensions escalate in the Middle East.Fxstreet
Mon, Jun 16
