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Dollar falls after data disappoints; Trump calls for rate cut
US private payrolls post smallest gain in over two years in MayUS service sector unexpectedly contracts in May; inflation heats upTrump says Fed's Powell must lower interest rate Trump to speak this week with China's Xi amid clash over tariff truceBy Saqib Iqbal Ahmed
Reuters
Thu, Jun 5
USD/CAD remains under selling pressure below 1.3700, BoC held key rate steady
The USD/CAD pair remains under selling pressure around 1.3675 during the early Asian session on Thursday. Weaker US economic data and mounting economic and political uncertainty weigh on the US Dollar (USD) broadly.
USD/CAD
Fxstreet
Wed, Jun 4
Brazil sells $2.75 billion in second dollar bond deal of 2025 as CDS hits year low
By Marcela Ayres BRASILIA, June 4 (Reuters) - Brazil sold $2.75 billion in dollar-denominated sovereign bonds on Wednesday, the treasury said, marking its second international issuance this year as the country capitalizes on declining default risk. The government sold $1.5 billion through a ne...
Reuters
Wed, Jun 4
GBP/USD sticks close to near-term highs as key labor data looms
GBP/USD caught a bid on Wednesday, paring the previous day’s losses and keeping price action on the high side of recent congestion. Bids remain pinned firmly above 1.3500 with key US Nonfarm Payrolls data looming ahead later in the week.
GBP/USD
Fxstreet
Wed, Jun 4
AUD/USD threatens psychological resistance as US Dollar bulls back down
The Australian Dollar (AUD) is gaining confidence against the US Dollar (USD) on Wednesday, with bulls eagerly approaching a critical barrier of resistance.
AUD/USD
Fxstreet
Wed, Jun 4
AUD/JPY Price Forecast: Retails bullish bias, despite retracing from 4-day high
The AUD/JPY erased some of its earlier gains, dropping 0.20% late during Wednesday’s North American session, as US equities finished mixed due to worse-than-expected US economic data. At the time of writing, the cross-pair trades at 92.73, after hitting a four-day peak of 93.58.
AUD/JPY
Fxstreet
Wed, Jun 4
Mexican Peso trades near fresh YTD high against US Dollar
The Mexican Peso (MXN) is trading near a fresh year-to-date high against the US Dollar (USD) on Wednesday, which is providing support for the USD/MXN pair above 19.16.
USD/MXN
Fxstreet
Wed, Jun 4
Canadian Dollar lurches into fresh highs after BoC holds off on rate cuts
The Canadian Dollar caught a rally on Wednesday, bolstered by a rate hold from the Bank of Canada (BoC) following an accelerated string of rate cuts. Broad-market investor sentiment remains pinned on the low side after a disappointing US ADP jobs data print, hobbling the US Dollar.
USD/CAD
Fxstreet
Wed, Jun 4
RPT-FOREX-Dollar slips after data disappoints; Trump calls for rate cut
US private payrolls post smallest gain in over two years in MayUS service sector unexpectedly contracts in May; inflation heats upTrump says Fed's Powell must lower interest rate US doubles steel duties on Wednesday, to receive 'best offers' from trade partnersTrump to speak this week wi...
Reuters
Wed, Jun 4
Forex Today: The ECB is widely anticipated to lower its rates
The Greenback resumed its downtrend and faded part of the previous day’s advance on Wednesday, weighed down by trade concerns and disheartening data from the US docket.
EUR/USD
Fxstreet
Wed, Jun 4
EUR/USD reclaims 1.14 as US data, trade tensions weigh on US Dollar
The EUR/USD advances on Wednesday, edging up over 0.50% as the Greenback erases Tuesday’s gains following the release of weaker-than-expected economic data from the United States (US).
EUR/USD
Fxstreet
Wed, Jun 4
USD/JPY weakens as the safe-haven Yen benefits from a softer US Dollar
The Japanese Yen (JPY) is gaining ground against the US Dollar (USD) on Wednesday, following a series of economic data releases and rising trade tensions, which have contributed to Yen appreciation.
USD/JPY
Fxstreet
Wed, Jun 4
USD/CAD weakens as BoC holds rates, US data disappoints
The Canadian Dollar (CAD) extends its advance against the US Dollar (USD) on Wednesday after the Bank of Canada (BoC) held interest rates steady, aligning with market expectations.
USD/CAD
Fxstreet
Wed, Jun 4
CANADA FX DEBT-Canadian dollar hits 8-month high as BoC remains sidelined
Canadian dollar gains 0.3% against the greenbackTouches its strongest since October 9 at 1.3662Downturn in Canada's servces economy eases in MayBond yields fall less than U.S. Treasury yieldsBy Fergal Smith TORONTO, June 4 (Reuters) - The Canadian dollar strengthened to a near eight-month hig...
Reuters
Wed, Jun 4
AUD/USD rebounds as US Dollar slips on soft jobs, ISM data
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday, shrugging off softer-than-expected domestic GDP data as the Greenback retreats following disappointing US employment and ISM Services PMI figures.
AUD/USD
Fxstreet
Wed, Jun 4
EUR/CAD steadies as Bank of Canada holds rate steady at 2.75%
EUR/CAD is trading flat in the early hours of the American session on Wednesday after the Bank of Canada (BoC) announced its decision to leave interest rates unchanged at 2.75%.
EUR/CAD
Fxstreet
Wed, Jun 4
Circle IPO Is Said To Be Likely To Price Above Marketed Range - Bloomberg News
June 4 (Reuters) - CIRCLE IPO IS SAID TO BE LIKELY TO PRICE ABOVE MARKETED RANGE - BLOOMBERG NEWSSource text: https://tinyurl.com/57h7pppjFurther company coverage: [ ]
Reuters
Wed, Jun 4
FOREX-Dollar slips after data disappoints; Trump calls for rate cut
US private payrolls post smallest gain in over two years in MayUS service sector unexpectedly contracts in May; inflation heats upTrump says Fed's Powell must lower interest rate US doubles steel duties on Wednesday, to receive 'best offers' from trade partnersTrump to speak this week wi...
Reuters
Wed, Jun 4
Brazil central bank sells $400 million in dollar auctions with repurchase deal
SAO PAULO, June 4 (Reuters) - Brazil's central bank on Wednesday sold a total $400 million in two dollar auctions with repurchase agreement aimed at rolling over contracts expiring on July 2, according to statements on its website.The bank had said a day earlier it was going to offer up to $1 bi...
Reuters
Wed, Jun 4
Indian Rupee weakens for the second day as PMI disappoints, focus shifts to US data
The Indian Rupee (INR) weakens against the US Dollar (USD) for the second straight day on Wednesday, as a firmer Greenback and disappointing Indian PMI figures weigh on sentiment.
Fxstreet
Wed, Jun 4
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