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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
Sterling tiptoes lower; 40-year gilt auction, BoE speakers in focus
LONDON, June 3 (Reuters) - The pound trod water on Tuesday, holding mostly steady against the dollar and the euro, ahead of a raft of Bank of England speakers and an auction of long-dated government bonds that may offer a gauge of investor confidence in Britain's finances.Sterling was last down ...
Reuters
Tue, Jun 3
GBP/JPY Price Forecast: Potential double top at the 196.40 area
The Pound is trading lower for the fourth consecutive day against a stronger Yen, favoured by the frail market sentiment, and hawkish comments by BoJ Governor Ueda, which keep hopes of further rate hikes alive.The BoJ’s chief warned about trade uncertainty but maintained that the bank will continue
Fxstreet
Tue, Jun 3
NZD/USD Price Forecast: Pulls back from 0.6050 near seven-month highs
NZD/USD is retracing its recent losses, trading around 0.5990 during the European hours on Tuesday. The technical analysis of the daily chart suggests a revival of neutral market sentiment as the Kiwi pair is attempting to fall back within a rectangular pattern.
Fxstreet
Tue, Jun 3
The Dollar(DXY) Posts Worst Start in History—Section 899 Asset Tax Deepens Dollar Woes
TradingKey - Although the easing of U.S.-China tariff tensions briefly slowed the selloff in dollar assets, the Trump administration’s proposed tax on foreign capital has delivered another heavy blow to the greenback. With the U.S. Dollar Index (DXY) down more than 8% year-to-date, the dollar is...
Russian rouble strengthens slightly vs US dollar after Ukraine talks in Istanbul
MOSCOW, June 3 (Reuters) - The Russian rouble strengthened slightly against the U.S. dollar on Tuesday, regaining some ground after a fall in the previous session caused by Ukraine's attack on Russian air bases and uncertainty over the outcome of talks in Istanbul. By 0815 GMT, the rouble R...Reuters
Tue, Jun 3
FOREX-Dollar lingers near six-week low as trade war wears on US economy
Dollar index hits lowest since late April, euro touches six-week highU.S. manufacturing contracts for third month, impacting dollar performanceFiscal worries prompt 'sell America' theme, Senate debates tax billBy Rocky Swift and Amanda Cooper TOKYO/LONDON, June 3 (Reuters) - The dollar ho...Reuters
Tue, Jun 3
USD/CAD returns to 1.3730 with the Dollar showing a firmer tone
The US Dollar is trading on a somewhat stronger note on Tuesday, favoured by an improved market sentiment, which has helped the USD/CAD to bounce from year-to-date lows below 1.3700 and return to 1the 1.3730 area at the moment of writing.The broader trend, however, remains bearish, with speculative
Fxstreet
Tue, Jun 3
Iron ore nears 2-month low on Trump's tariff hike plan, weak China data
By Amy Lv and Lewis Jackson BEIJING, June 3 (Reuters) - Iron ore futures fell to their lowest in nearly two months on Tuesday due to demand fears sparked by President Donald Trump's plan to double tariffs on steel imports and on weak factory data in top consumer China.The most-traded Septembe...Reuters
Tue, Jun 3
