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POLL-Russian central bank seen keeping key rate on hold at 21%
reuters://realtime/verb=Open/url=cpurl://apps.cp./Apps/econ-polls?RIC=RUGDPYAP Poll dataSeven economists out of 26 predict a key rate cutGeopolitical situation seen as main riskMedian inflation forecast is 7.0% in 2025By Gleb Bryanski and Elena Fabrichnaya MOSCOW, June 2 (Reuters) - Russia's ...Reuters
Mon, Jun 2
FOREX-US dollar slips as tariff worries resurface
Dollar sentiment fragile after Trump threatens 50% steel dutiesBeijing hits back over White House accusations it violated dealSenate to start consideration of Trump's tax and spending billFocus on business activity surveys in Asia, Europe and USPoland's zloty slips vs euro after electionsBy ...Reuters
Mon, Jun 2
Silver Price Forecast: Safe-haven XAG/USD surges as US Dollar slides
Silver (XAG/USD) is shining brightly on Monday, with prices rallying in response to a weaker US Dollar (USD). With the white precious metal trading over 3% higher on the day, prices have moved above the 10-day Simple Moving Average (SMA), providing support at $33.28 at the time of writing.
Fxstreet
Mon, Jun 2
POLL-Russian central bank seen keeping key rate on hold at 21%
MOSCOW, June 2 (Reuters) - The Russian central bank will keep its key interest rate on hold at 21% at its board meeting on June 6 but may soften its rhetoric and signal rate cuts later in the year, a Reuters poll of 26 economists showed on Monday. Seven economists expected the regulator to start cut...Reuters
Mon, Jun 2
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.3% higher at C$1.3695 to the greenback, or 73.02 U.S. cents, after trading in a range of 1.3675 to 1.3743.Canadian government 10-year bond yields CA10YT...Reuters
Mon, Jun 2
Mexican Peso cheers on weaker US Dollar following new tariff threats
The Mexican Peso (MXN) is trading firmer against the US Dollar (USD) on Monday, as traders digest the impact of a surprise tariff escalation by the United States. The USD/MXN pair is struggling to maintain any recovery momentum, with risk sentiment dented and the Greenback broadly offered.
Fxstreet
Mon, Jun 2
FOREX-US dollar declines as steel tariffs, China tensions hurt sentiment
Dollar sentiment fragile after Trump threatens 50% steel dutiesBeijing hits back over White House accusations it violated dealSenate to start consideration of Trump's tax and spending billFocus on business activity surveys in Asia, Europe and USCanadian dollar near 8-month high; Poland's zlo...Reuters
Mon, Jun 2
USD/CHF sinks to six-week low as strong Swiss GDP, softer Retail Sales boost Swiss Franc
The Swiss Franc (CHF) extends its winning streak against the US Dollar (USD) for the third consecutive day on Monday, starting the week on a firm footing as a broadly weak US Dollar and cautious global sentiment continue to underpin demand for the safe-haven currency.
Fxstreet
Mon, Jun 2
GBP gains offer retracement back toward recent multi-year high – Scotiabank
Pound Sterling (GBP) is also showing impressive strength with a 0.6% gain vs. the US Dollar (USD) and mid-performance among the G10, retracing a good portion of its latest pullback from last Monday’s multi-year high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Mon, Jun 2
Sterling firms with focus on defence plan, weaker dollar
By Johann M Cherian June 2 (Reuters) - Sterling had a firm start to the week on Monday, as investors assessed a domestic defence plan and a batch of better-than-expected British economic data, while simmering trade tensions between the U.S. and China eroded appetite for the dollar.The mood among ...Reuters
Mon, Jun 2
USD/JPY: Outlook for USD is unclear after wild swings – UOB Group
US Dollar (USD) is likely to trade in a range of 143.25/144.30. In the longer run, the outlook for USD is unclear after wild swings; for the time being it could trade between 142.10 and 146.30, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jun 2
AUD/USD approaches 0.6500 with the US Dollar on the defensive
The Australian Dollar is one of the stronger performers on Monday. The sour risk sentiment is not weighing the Aussie today, which is drawing support from a weak US Dollar to reach levels right below 0.6500.The Greenback has opened the week on the back foot, hit by a mix of events.
Fxstreet
Mon, Jun 2
INDIA RUPEE-Rupee ends higher boosted by fragile dollar, likely portfolio inflows
By Jaspreet Kalra MUMBAI, June 2 (Reuters) - The Indian rupee strengthened on Monday, supported by weakness in the U.S. dollar and modest dollar inflows that helped the local currency begin the week on a positive note.The rupee INR=IN closed at 85.3825 against the U.S. dollar, up 0.23% on the day...Reuters
Mon, Jun 2
EUR/USD: Likely to trade in a range of 1.1270/1.1435 for now – UOB Grou
Increase in momentum is not enough to indicate a sustained advance; Euro (EUR) is likely to trade in a range of 1.1270/1.1435 for now vs US Dollar (USD), UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Mon, Jun 2
