News
Important Only
AUD/USD rallies to near 0.6530 as US Dollar slumps ahead of Sino-US trade talks
The AUD/USD pair is up almost 0.55% to near 0.6530 during European trading hours on Monday. The Aussie pair strengthens as antipodeans outperform ahead of trade negotiations between the United States (US) and China later in the day.
Fxstreet
Mon, Jun 9
Russian rouble flat vs US dollar after rate cut
MOSCOW, June 9 (Reuters) - The Russian rouble was flat against the U.S. dollar on Monday after weakening about 2% in the previous session, following the decision by the central bank to cut its key interest rate last week. By 0820 GMT, the rouble RUB= traded at 78.80 per U.S. dollar, according to LSE...Reuters
Mon, Jun 9
GBP/JPY corrects from 196.00 as upwardly revised Japan’s Q1 GDP supports Yen
The GBP/JPY pair retraces to near 195.65 during European trading hours on Monday from the intraday high of 196.00. The pair faces slight selling pressure as the Japanese Yen (JPY) gains after the revised Q1 Gross Domestic Product (GDP) data showed that the economy remained flat.
Fxstreet
Mon, Jun 9
Iron ore drifts down as China deflation persists
By Amy Lv and Lewis Jackson BEIJING, June 9 (Reuters) - Iron ore futures prices slipped on Monday as weak data from top consumer China weighed on investor sentiment, although hopes of progress in trade talks between the world's two largest economies limited losses.The most-traded September ir...Reuters
Mon, Jun 9
Pound Sterling gains against US Dollar as focus shifts to US-China trade talks
The Pound Sterling (GBP) rises to near 1.3570 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair gains as the US Dollar underperforms across the board amid uncertainty ahead of trade talks between the United States (US) and China in London later in the day.
Fxstreet
Mon, Jun 9
USD/CAD drifts lower from 1.3700 with all eyes on the US-China talks
The US Dollar is trading lower across the board on Monday, as the dust from the strong US Nonfarm Payrolls report settles, and investors shift their focus to the trade negotiations between the US and China, which are taking place in London later on Monday.Negotiators from the world’s two major econo
Fxstreet
Mon, Jun 9
NZD/USD surges to near 0.6050 due to easing US-China trade dispute
NZD/USD recovered its recent losses registered in the previous session, trading around 0.6040 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) declines, potentially due to a technical correction.
Fxstreet
Mon, Jun 9
EUR/JPY softens below 165.00 as US dollar soft as trade uncertainty mounts
The EUR/JPY cross weakens to near 164.85, snapping the two-day winning streak during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid the growing acceptance that the Bank of Japan (BoJ) will continue raising interest rates.
Fxstreet
Mon, Jun 9
When pegs fly: Trump-induced turbulence hits Hong Kong dollar, interest rates
By Rae Wee and Jiaxing Li SINGAPORE/HONG KONG, June 9 (Reuters) - U.S. President Donald Trump's erratic policies are rattling a currency peg that has withstood the test of time and is seen as an anchor for China and Asia.The Hong Kong dollar has whipsawed from one end of its narrow trading ba...Reuters
Mon, Jun 9
FOREX-Dollar slips after rally, focus shifts to US-China trade talks
US, China set for trade talks in London on MondayLast week's upbeat jobs report provides reliefJapan tariff negotiator to visit US late this week, report saysChina's May exports slow, deflation deepens as tariffs biteBy Johann M Cherian June 9 (Reuters) - The dollar slipped against all ma...Reuters
Mon, Jun 9
GBP/USD Price Forecast: Bullish outlook remains in play above 1.3550
The GBP/USD pair gains traction to around 1.3555 during the early European session on Monday, bolstered by a weaker US Dollar (USD). Trade uncertainty dampens sentiment among US businesses, prompting traders to reassess the Greenback's safe-haven status and act as a tailwind for the major pair.Fxstreet
Mon, Jun 9
AUD/JPY trades firmly around 94.00, US-China trade talks remain key
The AUD/JPY pair holds onto a two-day strong upside move around 94.00 at the start of the week. The cross exhibits strength ahead of the trade negotiations between delegates from the United States (US) and China in London later in the day.
Fxstreet
Mon, Jun 9
USD/INR trades cautiously ahead of US-China trade talks
The Indian Rupee ticks up against the US Dollar (USD) to near 85.70 during the Asian session on Monday. The pair edges lower as the US Dollar starts the week on a frail note, with investors focusing on trade negotiations between the United States (US) and China in London later in the day.Fxstreet
Mon, Jun 9
