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Australian Dollar advances as US-Iran framework boosts risk appetite ahead of RBA decision
AUD/USD trades around 0.7070 at the time of writing on Monday, up 0.35% on the day, benefiting from renewed risk appetite after the United States (US) and Iran announced a framework agreement aimed at ending their conflict.
Fxstreet
Mon, Jun 15
Eurozone Industrial Production rises moderately by 0.1% in April, misses 0.3% estimates
The Eurozone industrial sector activity rises at a moderate pace of 0.1% in April, slower than 0.3% estimates, according to data published by Eurostat. March’s Industrial Production data was revised higher to 0.4% from 0.2%.Fxstreet
Mon, Jun 15
USD/CHF Price Forecast: Slips below 0.7950, nine-day EMA
USD/CHF depreciates nearly 0.5%, trading around 0.7930 during the European hours on Monday. The technical analysis of the daily chart indicates the pair is remaining within the ascending channel pattern, signaling an ongoing bullish bias.
Fxstreet
Mon, Jun 15
British Pound picks up amid peace hopes with central banks coming into focus
The British Pound (GBP) has drawn support from the US Dollar’s (USD) weakness, amid a brighter market mood on Monday, to hit a fresh 10-day high at 1.3460. The pair, however, remains trapped within the trading range from the last four weeks, as investors' focus shifts to monetary policy.
Fxstreet
Mon, Jun 15
Silver Price Forecast: XAG/USD trades above $70.00, nine-day EMA, wedge confluence
XAG/USD extends its gains for the third consecutive day, trading around $70.30 per troy ounce during the Asian hours on Monday. The technical analysis of the daily chart shows that the spot price is breaking above the falling wedge pattern, suggesting a potential bullish reversal.
Fxstreet
Mon, Jun 15
USD/CAD Price Forecast: Softens below 1.4000 as overbought conditions spur pause in broader uptrend
The USD/CAD pair trades in negative territory around 1.3975 during the early European trading hours on Monday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the US and Iran announce a peace deal to reopen the Strait of Hormuz.
Fxstreet
Mon, Jun 15
Japanese Yen pares recent gains due to wide US-Japan interest rate differential
USD/JPY pares its daily gains, still remaining in the positive territory and trading around 160.10 during the Asian hours on Monday. The Japanese Yen (JPY) has found a solid foothold in the wake of the geopolitical breakthrough.Fxstreet
Mon, Jun 15
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