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China's yuan slips after Trump-Xi call leaves issues unresolved
Trump and Xi hold call but leave key issues unresolvedInvestors remain sceptical of a Sino-US trade deal, analyst saysYuan eases as sentiment fails to be lifted, trader saysMarket attention switches to key economic data releases next week SHANGHAI, June 6 (Reuters) - China's yuan slipped agai...Reuters
Fri, Jun 6
INDIA RUPEE-Rupee nearly flat alongside subdued Asia FX; RBI policy decision awaited
By Jaspreet Kalra MUMBAI, June 6 (Reuters) - The Indian rupee was nearly flat in early trading on Friday, tracking muted moves in regional currencies as traders awaited the Reserve Bank of India's monetary policy decision. The rupee INR=IN was at 85.80 as of 09:20 a.m. IST, little changed fro...Reuters
Fri, Jun 6
GBP/USD hovers above 1.3550 ahead of US Nonfarm Payrolls
GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. At the time of writing, the pair is trading around 1.3570, with little moves ahead of labor market data from the United States (US).
Fxstreet
Fri, Jun 6
China's yuan slips despite much anticipated Trump-Xi call
SHANGHAI, June 6 (Reuters) - China's yuan slipped against the dollar on Friday, as U.S. President Donald Trump and Chinese leader Xi Jinping held a much-anticipated call but left key issues that have stoked tensions unresolved for future talks.During the more than one-hour-long call, Xi told Tru...Reuters
Fri, Jun 6
ECB cuts rates again but hints at pause
FRANKFURT, June 5 (Reuters) - The European Central Bank cut interest rates as expected on Thursday but hinted at a pause in its year-long easing cycle after inflation finally returned to its 2% target. The ECB has lowered borrowing costs eight times, or by 2 percentage points since last June...Reuters
Fri, Jun 6
Iron ore heads for weekly gains on resilient China demand
BEIJING, June 6 (Reuters) - Iron ore futures prices rose to one-week high on Friday and were set for weekly gains, buoyed by progress in Sino-U.S. talks and steady demand from top consumer China, although seasonally slow steel consumption capped gains.The most-traded September iron ore contract on C...Reuters
Fri, Jun 6
FOREX-Dollar mired in US economic weakness and trade limbo
Dollar headed for weekly lossCurrencies on guard ahead of Friday's U.S. jobs dataECB's hawkish tone keeps euro supportedBy Rae Wee SINGAPORE, June 6 (Reuters) - The dollar was headed for a weekly loss on Friday, undermined by signs of fragility in the U.S. economy and as trade negotiation...Reuters
Fri, Jun 6
Australia, NZ dollars look to end week on a high, payrolls crucial
SYDNEY, June 6 (Reuters) - The Australian and New Zealand dollars were looking to end the week with hefty gains on Friday as a hint of thawing in the U.S.-China trade impasse aided risk sentiment, while investors everywhere braced for the all-important U.S. jobs report.
Reuters
Fri, Jun 6
Australian Dollar extends gains as sentiment improves following a Trump-Xi phone call
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending its winning streak for the third successive day. Traders await the upcoming US Nonfarm Payrolls (NFP) report, due later in the day, seeking fresh insights into the United States (US) economy.Fxstreet
Fri, Jun 6
BOJ should continue to tighten policy, US Treasury says
TOKYO, June 6 (Reuters) - The Bank of Japan should continue to proceed with monetary tightening, which would support a "normalization of the yen's weakness" and rebalancing of bilateral trade, the U.S. Treasury Department said on Thursday."BOJ policy tightening should continue to pro...Reuters
Fri, Jun 6
AUD/JPY Price Forecast: Rallies above 93.00 on risk appetite, as bullish engulfing pattern looms
The AUD/JPY prolonged its gains on Thursday and edged up over 0.76% amid a risk-on impulse sparked by news that the US and China might reach an agreement as President Trump spoke with China’s President Xi Jinping during the day. At the time of writing the cross-pair trades at 93.30.
Fxstreet
Thu, Jun 5
FACTBOX-US finds no currency manipulators, adds Ireland, Switzerland to monitoring
June 5 (Reuters) - The U.S. Treasury Department said on Thursday that no major U.S. trading partners manipulated their currencies in the four quarters through to the end of December but it has expanded its monitoring list to nine countries. The release is the first semi-annual currency report since...Reuters
Thu, Jun 5
Trump Media Files S-3 Registration Statement For Previously Announced Bitcoin Treasury Deal
June 5 (Reuters) - Trump Media & Technology Group Corp DJT.O:TRUMP MEDIA FILES S-3 REGISTRATION STATEMENT FOR PREVIOUSLY ANNOUNCED BITCOIN TREASURY DEALTRUMP MEDIA & TECHNOLOGY: SEEKS TO REGISTER FOR RESALE BY INVESTORS ABOUT 56 MILLION SHARES OF EQUITY, 29 MILLION SHARES UNDERLYING CONVERT...Reuters
Thu, Jun 5
