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AUD/USD retreats from 0.6560 YTD highs ahead of the US PCE Inflation release
The Aussie Dollar hit a fresh seven-month high at 0.6660 earlier on Friday but has failed to consolidate at those levels and is pulling lower at the time of writing, with investors paring back US Dollar shorts ahead of the release of the US PCE Prices Index report.The pair remains on track for a 1.
Fxstreet
Fri, Jun 27
USD/CAD finds support right above 1.3600 ahead of US inflation, Canadian GDP data
The US Dollar has found some buyers at the 1.3610 area and is trading with marginal gains on Thursday, with investors awaiting key data releases from the US and Canada, due later today.The pair, however, remains on its back foot, trading 0.9% lower so far this week, as the easing geopolitical concer
Fxstreet
Fri, Jun 27
Sterling keeps climbing on struggling dollar
LONDON, June 27 (Reuters) - The pound was set for its biggest weekly gain against the dollar in nearly four months on Friday and held close to its near four-year high hit the previous day, though that was more due to dollar weakness than sterling strength. The pound was last up 0.14% on the dollar a...Reuters
Fri, Jun 27
EMERGING MARKETS-FX, stocks steady ahead of US inflation data; trade progress monitored
US inflation data in focus Trump says US and China signed trade deal, details unclear S&P and Moody's downgrade Colombia's debt ratingMSCI EM indexes set for biggest weekly rise since April By Purvi Agarwal June 27 (Reuters) - Most emerging market currencies and stocks were higher on ...Reuters
Fri, Jun 27
USD/CHF extends losses to fresh 14-year lows sub-0.8000 amid generalised US Dollar weakness
The Swiss Franc appreciates further, as the USD/CHF hits levels below 0.8000 for the first time since September 2011. The US Dollar is tumbling on a mix of improving appetite for risk and weak US data that is feeding hopes of Fed rate cuts.
Fxstreet
Fri, Jun 27
FOREX-Dollar hovers near 3-1/2-year low as traders wager on US rate cut
Euro, sterling perched at highest since late 2021Powell's replacement chatter stokes Fed rate cut wagers Dollar down 10% so far this yearTaiwan dollar on the rise, hits highest since April 2022By Ankur Banerjee and Lucy Raitano SINGAPORE/LONDON, June 27 (Reuters) - The U.S. dollar hovered nea...Reuters
Fri, Jun 27
USD/MXN extends losses and nears the 11-month low, at 18.82
The Mexican Peso is trading with marginal gains on Friday, appreciating for the fifth consecutive day and on track to a 2.4% weekly rally as the US Dollar weakness has offset the impact of a 50 bps rate cut by the Bank of Mexico.
Fxstreet
Fri, Jun 27
NZD/USD holds steady above 0.6050 after news of progressing US-China trade talks
NZD/USD continues its winning streak for the fifth consecutive session, trading around 0.6070 during the European hours on Friday. The pair gained ground as the US Dollar (USD) struggled due to renewed concerns over the US Federal Reserve’s (Fed) independence.
Fxstreet
Fri, Jun 27
EUR/GBP weakens to near 0.8500 ahead of Eurozone Consumer Confidence
The EUR/GBP cross loses traction to near 0.8515 during the early European session on Friday. The Pound Sterling (GBP) strengthens against the Euro (EUR) despite growing concerns over the UK labor market and a slight slowdown in consumer inflation expectations.
Fxstreet
Fri, Jun 27
