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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
Russian rouble weakens vs US dollar ahead of Ukraine talks
MOSCOW, June 2 (Reuters) - The Russian rouble fell against the U.S. dollar on Monday ahead of a new round of talks between Russia and Ukraine in Istanbul and following Ukrainian attacks on Russian air bases on Sunday. By 0920 GMT, the rouble RUB= was down 1.7% at 78.80 per U.S. dollar, LSEG data bas...Reuters
Mon, Jun 2
FOREX-US dollar declines as steel tariffs, China tensions hurt sentiment
Dollar sentiment fragile after Trump threatens 50% steel dutiesCanadian dollar near eight-month highBeijing hits back over White House accusations it violated dealSenate to start consideration of Trump's tax and spending billBy Kevin Buckland and Johann M Cherian June 2 (Reuters) - The U.S. d...Reuters
Mon, Jun 2
Weak dollar reprises its role as 'carry' trade funder
Trump's presidency boosts dollar-funded carry tradesGoldman Sachs sees carry trades as a major themeRupee, rupiah and real among top picks for their carryBy Nimesh VoraMUMBAI, June 2 (Reuters) - The U.S. dollar's weakness since the start of Donald Trump's presidency has made it the pref...Reuters
Mon, Jun 2
USD/CAD explores Year-to-Date lows below 1.3700 amid broad-based Dollar weakness
Strong Canadian GDP raises expectations of a hawkish BoC on Wednesday.The US Dollar is dropping across the board, hammered by a mix of risk aversion amid Trump’s erratic trade policies, concerns about fresh tariffs, and looming fears of US debt that have revived the “sell America” trade.The US Presi
Fxstreet
Mon, Jun 2
India's index-linked bonds see record foreign selling in May on profit-booking, currency swings
By Dharamraj Dhutia MUMBAI, June 2 (Reuters) - Foreign investors sold Indian government bonds included in global indexes for a second straight month in May, driven by profit-taking and currency volatility rather than a change in sentiment towards the country, several investors said.Foreign invest...Reuters
Mon, Jun 2
GBP/USD rushes beyond 1.3500 as the US Dollar accelerates its reversal
The Pound is rallying at Monday’s London session opening times, favoured by an ailing US Dollar, which has reversed Friday’s gains following a new tariff threat by US President Trump and a fresh trade rift with China.Investors are selling the US Dollar on Monday, wary that a 50% tariff on Aluminu¡iu
Fxstreet
Mon, Jun 2
EUR/JPY Price Forecast: Bullish outlook remains in play above 163.00
The EUR/JPY cross tumbles to around 163.15 during the early European session on Monday. The Japanese Yen (JPY) strengthens against the Euro (EUR) as persistent trade-related uncertainties and geopolitical risks further boost the safe-haven flows.
Fxstreet
Mon, Jun 2
USD/CHF drops to near 0.8200 due to increased safe-haven demand
USD/CHF continues its losing streak for the third successive session, trading around 0.8210 during the Asian hours on Monday. The pair loses ground as the US Dollar (USD) may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US).Fxstreet
Mon, Jun 2
FOREX-US dollar slides as sentiment soured by steel tariffs, China tensions
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 billBy Kevin Buckland TOKYO, June 2 (Reuters) - The U.S. dollar edged lower on Monday, giving back some of it...Reuters
Mon, Jun 2
