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GBP/USD: A move to 1.3700 can be expected above 1.3640 – UOB Group
Pound Sterling (GBP) is likely to trade in a range of 1.3540/1.3640. In the longer run, GBP must first close above 1.3640 before a move to 1.3700 can be expected, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Fri, Jun 13
USD/JPY jumps to near 144.00 while both currencies advance amid Middle East tensions
The USD/JPY pair climbs to near 144.00 during European trading hours on Friday after recovering early losses. The pair strengthens as the US Dollar (USD) outperforms across the board amid growing war tensions between Israel and Iran.
Fxstreet
Fri, Jun 13
USD/CAD remains capped below 1.3660 lows as higher crude prices support the Loonie
The US Dollar rallied on early trade on Friday, boosted by the risk-averse reaction to Israel’s attack on Iran, but was capped at 1.3660 before returning to levels close to 1.3600 as the escalating Oil prices have pushed the Canadian Dollar higher.Crude prices have surged on concerns that escalating
Fxstreet
Fri, Jun 13
FOREX-Dollar rises in reprisal of safe-haven role as Israel strikes Iran
Dollar index bounces from March 2022 lowsEuro breaks four-day rallyUS Treasuries, gold also gain on Middle East tensionsBy Johann M Cherian, Amanda Cooper LONDON, June 13 (Reuters) - The dollar rallied on Friday, as investors rushed back into the currency in their search for safe-haven assets, in...Reuters
Fri, Jun 13
AUD/USD bounces up but remains below 0.6500 on risk-off markets
The Australian Dollar is trimming some losses following a sharp decline earlier today as news that Israel bombed Iranian nuclear and military sites triggered a rush for safety, sending risk-sensitive assets, like the AUD, tumbling.The AUD/USD depreciated nearly 1% during Friday’s early trading to hiFxstreet
Fri, Jun 13
NZD/USD plunges to near 0.6000 as Middle East tensions hit risk-perceived assets
The NZD/USD pair is down almost 0.1% to near the psychological support of 0.6000 on Friday. The kiwi pair faces a sharp sell-off as antipodean currencies underperform amid escalating tensions between Israel and Iran.
Fxstreet
Fri, Jun 13
EUR/GBP extends upside above 0.8500 as weaker UK data boosts BoE rate cut bets
The EUR/GBP cross trades in positive territory for the fifth consecutive day near 0.8525 during the early European session on Friday. A slew of weaker-than-expected UK economic data continues to undermine the Pound Sterling (GBP) against the Euro (EUR).
Fxstreet
Fri, Jun 13
Iron ore set for weekly loss as Trump's fresh tariffs on steel weigh
By Amy Lv and Lewis Jackson BEIJING, June 13 (Reuters) - Iron ore futures extended their decline for a second straight session on Friday and are set to log a weekly loss, as U.S. President Donald Trump's plan to impose a 50% tariff on an additional range of "steel derivative products"...Reuters
Fri, Jun 13
