News
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Big central banks' forecasting lens gets fogged by US tariffs
ECB cuts, Canada keeps rates steadyUS Fed shifts focus to inflation, unemployment risks Switzerland closer to negative rates Japan's Ueda refuses to commit on timing of next hike By Naomi Rovnick LONDON, June 5 (Reuters) - Unpredictable White House tariff rhetoric and its impact on currency m...Reuters
Thu, Jun 5
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3654 to the greenback, or 73.24 U.S. cents, after trading in a range of 1.3649 to 1.3683.Canadian government 10-year bond yields CA10...Reuters
Thu, Jun 5
Truth Social Bitcoin ETF, B.T. Files S-1 Registration Statement With SEC
June 5 (Reuters) - TRUTH SOCIAL BITCOIN ETF, B.T. - S-1TRUTH SOCIAL BITCOIN ETF BT FILES REGISTRATION STATEMENT WITH SEC - SEC FILINGTRUTH SOCIAL BITCOIN ETF: ASSETS OF TRUST CONSIST PRIMARILY OF BITCOIN HELD BY A CUSTODIAN ON BEHALF OF TRUSTTRUTH SOCIAL BITCOIN ETF BT - TRUST SEEKS TO REFLECT PERFO...Reuters
Thu, Jun 5
USD/INR pulls back from 86.00 as the US Dollar softens, RBI rate decision in focus
The Indian Rupee (INR) strengthens modestly against the US Dollar (USD) on Thursday, ending a two-day losing streak as the Greenback softened following Wednesday’s weaker-than-expected US economic data.Fxstreet
Thu, Jun 5
ECB cuts rates for eighth time amid trade war risk
FRANKFURT, June 5 (Reuters) - The European Central Bank cut interest rates for the eighth time in a year on Thursday, acknowledging inflation was under control and turning more pessimistic about the euro zone's economic prospects amid risks of a trade war with the United States.Thursday's cu...Reuters
Thu, Jun 5
Sterling holds its own against stronger dollar, trade optimism lends supports
By Lucy Raitano and Johann M Cherian LONDON, June 5 (Reuters) - Sterling ticked higher against the dollar on Thursday, one of the few major currencies to hold its own against the greenback which regained ground after weak U.S. data dragged it lower on Wednesday. The pound GBP= was up 0.14% at $1....Reuters
Thu, Jun 5
JPY is soft and fading from range high – Scotiabank
Japanese Yen (JPY) is soft, down 0.3% against the US Dollar (USD) and underperforming all of the G10 currencies as it fades a portion of Wednesday’s push toward the upper end of its local range, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Thu, Jun 5
NZD/USD Price Forecast: Sets to rally towards 0.6100
The NZD/USD pair posts a fresh seven-month high near 0.6055 on Thursday. The Kiwi pair strengthens as the New Zealand Dollar (NZD) outperforms across the board despite growing uncertainty over trade relations between the United States (US) and China.
Fxstreet
Thu, Jun 5
CAD holds near yesterday’s high on soft USD, unfazed by BoC – Scotiabank
The Canadian Dollar (CAD) is steady, holding near yesterday’s high against the US Dollar (USD). The BoC’s 'dovish hold' outcome yesterday was largely as expected, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
Thu, Jun 5
FOREX-Dollar makes tentative gains despite weak data, euro steady ahead of ECB
Weak economic data, trade uncertainties weigh on dollar Euro steady ahead of expected ECB rate cut Investors await Trump-Xi call, trade deals Dollar weakness to remain -Reuters pollBy Lucy Raitano and Ankur Banerjee SINGAPORE/LONDON, June 5 (Reuters) - The euro steadied near six-week highs agains...Reuters
Thu, Jun 5
EUR/JPY recovery loses steam at 163.60 with all eyes on the ECB
The Euro keeps trading on a moderate positive bias on Thursday, fuelled by a positive surprise on Eurozone services PMI data, but remains trading within previous days’ ranges, with investors awaiting the ECB’s monetary policy decision.The bank is widely expected to cut interest rates for the eighth
Fxstreet
Thu, Jun 5
AUD/USD is close to testing 0.6540 – UOB Group
Australian Dollar (AUD) could first test 0.6515 against the US Dollar (USD) before the risk of a pullback increases. In the longer run, price action suggests AUD could continue to rise and test the significant resistance level at 0.6540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jun 5
INDIA RUPEE-Rupee ends higher aided by mild inflows; RBI policy decision in focus
By Jaspreet Kalra MUMBAI, June 5 (Reuters) - The Indian rupee closed modestly stronger on Thursday, lifted by mild dollar inflows as well as positive cues from gains in most Asian peers, while traders awaited the Reserve Bank of India's monetary policy decision on Friday.The rupee INR=IN clos...Reuters
Thu, Jun 5
USD/JPY: Weak US data & JGB auction in focus – MUFG
The US dollar has been consolidating at weaker levels overnight following yesterday’s sell-off triggered by weak US economic data releases. It has resulted in the dollar index falling back towards recent lows at just below the 99.000-level.Fxstreet
Thu, Jun 5
EUR/USD clears channel resistance, eyes 1.1470 next – Société Générale
EUR/USD is showing renewed upward momentum after defending key support, breaking out of its recent channel and regaining technical strength. With bullish signals in place, the pair appears poised for further gains in the near term, Société Générale's FX analysts note.
Fxstreet
Thu, Jun 5
