News
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USD/JPY steadies ahead of US JOLTS data and potential clues on the health of the US labour market
The Japanese Yen (JPY) is edging lower against the US Dollar (USD) on Tuesday as market participants await the release of the US Job Openings and Labor Turnover Survey, scheduled for 14:00 GMT.
Fxstreet
Tue, Jun 3
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.373 to the greenback, or 72.83 U.S. cents, after trading in a range of 1.3709 to 1.3742.Canadian government 10-year bond yields CA10YT=RR r...Reuters
Tue, Jun 3
BoE's Bailey sticks with 'careful' rate cut view as uncertainty deepens
BoE's Bailey says greater uncertainty requires gradual approachBreeden says Trump tariffs not key for her May vote to cut ratesDhingra says supply chain points to medium-term inflation fall Bailey says Mann right to consider QT in view of changed marketsBy David Milliken and Suban Abdulla LON...Reuters
Tue, Jun 3
AUD/USD drifts lower amid cautious RBA, global trade uncertainty
The Australian Dollar (AUD) slips against the US Dollar (USD) on Tuesday, retreating from recent highs to 0.6460 as traders react to the Reserve Bank of Australia’s (RBA) cautious tone and softer-than-expected current account figures.
Fxstreet
Tue, Jun 3
CAD edges lower after another rebound from the upper 1.36s – Scotiabank
The Canadian Dollar (CAD) has edged a little lower on the session, in line with its major currency peers. Spot may continue to range trade ahead of Wednesday’s BoC policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Tue, Jun 3
FOREX-Dollar lingers near six-week low as trade war wears on US economy
Dollar index briefly hits lowest since late April and recoversUS manufacturing contracts for third monthEuro dented by slower euro zone inflationFiscal worries prompt 'sell America' theme, Senate debates tax billBy Rocky Swift and Amanda Cooper TOKYO/LONDON, June 3 (Reuters) - The dollar ...Reuters
Tue, Jun 3
Indian rupee, bonds set to be among top three Asian beneficiaries of foreign inflows, BofA Sec exec says
By Dharamraj Dhutia MUMBAI, June 3 (Reuters) - Indian markets will likely be among the top three in Asia to attract foreign inflows once tariff-related uncertainties ease, with the rupee and local currency-denominated bonds benefiting the most, an executive from BofA Securities told Reuters."...Reuters
Tue, Jun 3
USD/JPY: 143.85 must be breached for a sustained upside – UOB Group
US Dollar (USD) could decline further; given the deeply oversold momentum against Japanese Yen (JPY), a clear break below 142.10 appears unlikely. In the longer run, for a sustained decline, USD must first close below 142.10, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Jun 3
AUD/USD to test 0.6510 before leveling off – UOB Group
Sharp rise appears excessive, but there is room for Australian Dollar (AUD) to test 0.6510 before leveling off. 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
Tue, Jun 3
EMERGING MARKETS-Emerging market stocks rise from three-week low; Polish assets extend slide
EM stocks up 0.4%, FX flatPolish stocks extend declines in emerging marketsTurkish inflation falls to 35.4% in May, below forecastBy Nikhil Sharma June 3 (Reuters) - Polish assets extended declines on Tuesday amid heightened uncertainty following eurosceptic Karol Nawrocki's presidential elec...Reuters
Tue, Jun 3
AUD/JPY drops to near 92.00 following cautious remarks by RBA’s Hunter
AUD/JPY depreciated by approximately 0.50%, trading around 92.20 during the European hours on Tuesday. The currency cross loses ground as the Australian Dollar (AUD) falls following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes.
Fxstreet
Tue, Jun 3
