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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
EUR/USD retreats on risk aversion after Israel’s attack on Iran
The EUR/USD pair snaps a four-day rally on Friday, retreating from nearly four-year highs above 1.1600 to the lower range of the 1.1500s. Israel’s attack on Iran triggered a risk-averse market reaction, with investors rushing to safe assets like the US Dollar (USD).
Fxstreet
Fri, Jun 13
Pound Sterling slumps as Middle East tensions diminish appeal for risky assets
The Pound Sterling (GBP) underperforms against its major peers on Friday, except for antipodean currencies, as market sentiment turns risk-averse amid escalating geopolitical tensions in the Middle East.
Fxstreet
Fri, Jun 13
Sterling drops as Israel's strikes on Iran boost safe-haven dollar
LONDON, June 13 (Reuters) - The pound fell on Friday, in sync with other volatile currencies such as the Australian dollar, after Israel launched a flurry of strikes on Iran, sending investors scurrying into the relative safety of the dollar.Reuters
Fri, Jun 13
South African assets sink on risk aversion after Israel's strike on Iran
JOHANNESBURG, June 13 (Reuters) - South Africa's rand and government bonds fell steeply in early trade on Friday, after Israeli military strikes on Iran drove investors toward safe havens.At 0657 GMT, the risk-sensitive rand traded at 18.04 against the dollar ZAR=D3, 1.6% weaker than Thursday...Reuters
Fri, Jun 13
FOREX-US dollar and other safe haven currencies rise as Israel strikes Iran
US dollar index bounces from March 2022 lows on safe-haven bidUS Treasuries, gold also gain on Middle East tensionsUS Dollar set for weekly declines against major currencies By Johann M Cherian June 13 (Reuters) - The U.S. dollar advanced on Friday as investors rushed back into the currency and o...Reuters
Fri, Jun 13
The dollar's crown is slipping, and fast
Dollar index at three-year lowsScandinavian currencies are star performersSafe-haven currency strength a headache for central banksBy Dhara Ranasinghe and Amanda Cooper LONDON, June 13 (Reuters) - The dollar has sunk to its lowest in three years as rapidly changing U.S. trade policy unsettles mar...Reuters
Fri, Jun 13
USD/MXN jumps above 19.00 on geopolitical risks
The USD/MXN pair gathers strength to around 19.05, snapping the two-day losing streak during the early European session on Friday. The risk-off sentiment amid escalating Israel-Iran tensions exerts some selling pressure on the Mexican Peso (MXN) against the Greenback.
Fxstreet
Fri, Jun 13
EUR/JPY finds cushion near 165.00 while safe-haven demand of Yen remains firm
The EUR/JPY pair finds temporary support near 165.00 during late Asian hours on Friday after a sharp sell-off earlier in the day. The pair slumped as tensions in the Middle East region increased demand for safe-haven assets such as Japanese yen (JPY).
Fxstreet
Fri, Jun 13
USD/CAD climbs to mid-1.3600s as safe-haven buying benefits USD and offsets surging Oil prices
The USD/CAD pair stages a modest recovery from sub-1.3600 levels, or its lowest level since October 2024 touched during the Asian session on Friday and reverses a major part of the previous day's losses.
Fxstreet
Fri, Jun 13
