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AUD/USD returns above 0.6500 amid broad-based USD weakness
The Australian Dollar is trading higher for the second consecutive day on Thursday as US Dollar weakness offsets the impact of the downbeat Australian GDP figures seen on Wednesday, pushing the pair to one-week highs above 0.6500.The US Dollar weakness is the main driver of an otherwise calm market
Fxstreet
Thu, Jun 5
BoE DMP Survey: UK firms’ inflation expectations remain at 3.2% in the May quarter
The latest Bank of England (BoE) Decision Maker Panel (DMP) quarterly survey released on Thursday showed that “one-year ahead expected CPI inflation by the UK firms remained unchanged at 3.2% in the quarter to May.”
Fxstreet
Thu, Jun 5
Russian rouble strengthens vs US dollar after Trump-Putin call
MOSCOW, June 5 (Reuters) - The Russian rouble strengthened slightly against the U.S. dollar on Thursday after a telephone conversation between Russian President Vladimir Putin and U.S. President Donald Trump the day before. By 0910 GMT, the rouble RUB= was up 0.4% at 78.90 per U.S. dollar, according...Reuters
Thu, Jun 5
USD/CHF holds gains above 0.8200 following Swiss Unemployment Rate
USD/CHF recovers its recent losses of over 0.50% registered in the previous session, trading around 0.8200 during the European hours on Thursday. The seasonally adjusted Swiss Unemployment Rate rose to 2.9% month-over-month in May, indicating a lack of expansion within the Swiss labor market.
Fxstreet
Thu, Jun 5
British firms shrug off US tariffs, BoE survey shows
By David Milliken LONDON, June 5 (Reuters) - Few British businesses now expect to be directly affected by recent changes in U.S. trade policy, with only 12% naming it as one of their top three sources of uncertainty, down from 22% a month earlier, a Bank of England survey showed on Thursday.U.S. ...Reuters
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 Ankur Banerjee and Lucy Raitano SINGAPORE/LONDON, June 5 (Reuters) - The euro steadied near six-week highs again...Reuters
Thu, Jun 5
NZD/USD appreciates to near 0.6050 despite a stable US Dollar, Initial Jobless Claims eyed
NZD/USD extends its gains for the second successive day, trading around 0.6030 during the European hours on Thursday. The pair maintains its position near an eight-month high at 0.6055, recorded on June 3.
Fxstreet
Thu, Jun 5
Silver Price Forecast: XAG/USD remains positive, supported above $34.00
Silver prices (XAG/USD) maintain their bullish structure intact, with bulls aiming for the $34.60-$34.80 resistance area, with downside attempts contained above the $34.00 support level.A US Dollar on its back foot is contributing to keeping the precious metal buoyed.
Fxstreet
Thu, Jun 5
Pound Sterling edges higher on continued US Dollar weakness
The Pound Sterling (GBP) exhibits strength above 1.3550 against the US Dollar (USD) during European trading hours on Thursday. The GBP/USD pair trades firmly while the US Dollar struggles to gain ground after a sharp sell-off on Wednesday.Fxstreet
Thu, Jun 5
GBP/JPY rises above 194.00 as Japan’s real wages falls in April
GBP/JPY recovers its recent losses registered in the previous session, trading around 194.30 during the European hours on Thursday. The currency cross appreciates as the Japanese Yen (JPY) loses ground following the labor market data.
Fxstreet
Thu, Jun 5
EUR/GBP ticks down to near 0.8400 ahead of ECB’s monetary policy decision
The EUR/GBP pair trades slightly lower around 0.8410 during European trading hours on Thursday. The pair faces moderate selling pressure ahead of the European Central Bank’s (ECB) interest rate decision, which will be announced at 12:15 GMT.
Fxstreet
Thu, Jun 5
USD/CAD languishes near YTD low, seems vulnerable around 1.3670-1.3665 region
The USD/CAD pair extends its bearish consolidative price action heading into the European session on Thursday and currently trades around the 1.3670-1.3665 area, just above the lowest level since October 2024 touched the previous day.
Fxstreet
Thu, Jun 5
