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REFILE-INDIA RUPEE-Rupee's upside capped by dollar bids from foreign and state-run banks
By Jaspreet Kalra MUMBAI, June 27 (Reuters) - The Indian rupee edged higher on Friday as the dollar grappled with concerns over the future independence of the Federal Reserve and heightened expectations of cuts to U.S. benchmark interest rates. However, dollar bids from foreign and state...Reuters
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 level since April 2022By Ankur Banerjee SINGAPORE, June 27 (Reuters) - The U.S dollar wobbled on Friday, hovering ne...Reuters
Fri, Jun 27
AUD/JPY Price Forecast: Edges higher in a multi-week-old range, up a little above mid-94.00s
The AUD/JPY cross trims a part of modest Asian session gains to the 94.85 region, or the highest level since May 14, though it retains the positive bias amid mixed cues. Spot prices currently trade around the 94.60 area, up less than 0.10% for the day.
Fxstreet
Fri, Jun 27
Vietnam approves plans for international financial centre amid US trade pressure
HANOI, June 27 (Reuters) - Vietnam's lawmakers approved a plan on Friday to establish international financial centres in Ho Chi Minh City and Danang to attract investment and strengthen its global financial standing as economic uncertainties rise. The centres will operate under unified manageme...Reuters
Fri, Jun 27
EUR/USD trades around 1.1700, maintains position near four-year highs
EUR/USD extends its winning streak that began on June 18, trading around 1.1700 during the Asian hours on Friday. The EUR/USD pair continues to gain ground as the US Dollar (USD) faces challenges due to renewed concerns over the US Federal Reserve’s (Fed) independence.Fxstreet
Fri, Jun 27
FOREX-Dollar lingers near 3-1/2-year low as traders wager on US rate cuts
Euro, sterling perched at highest since late 2021Powell's replacement chatter stoke Fed rate cut wagers Dollar weakness persists, down 10% so far this yearBy Ankur Banerjee SINGAPORE, June 27 (Reuters) - The dollar drifted on Friday, hovering near its lowest level in 3-1/2 years against the e...Reuters
Fri, Jun 27
EUR/JPY holds position below 169.00 following Tokyo Consumer Price Index data
EUR/JPY remains subdued for the second successive session, trading around 168.90 during the Asian hours on Friday. The currency cross holds little losses following the release of the Tokyo Consumer Price Index (CPI) data.
Fxstreet
Fri, Jun 27
Japanese Yen reverses softer Tokyo CPI-inspired intraday losses
The Japanese Yen (JPY) weakened across the board during the Asian session on Friday in reaction to data showing that consumer inflation in Tokyo slowed sharply in June. Adding to this, Japan's Retail Sales recorded growth for the 38th consecutive month, though at the slowest pace since February.
Fxstreet
Fri, Jun 27
Australian Dollar gains ground as US Dollar struggles amid concerns over Fed independence
The Australian Dollar (AUD) inches higher on Friday, extending its winning streak for the fifth successive session. The AUD/USD pair remains stronger as the US Dollar (USD) struggles due to renewed concerns over the US Federal Reserve’s (Fed) independence.
Fxstreet
Fri, Jun 27
FOREX-Dollar lingers near 3-1/2-year low as traders bet on US rate cuts
Euro, sterling perched at highest since late 2021Powell's replacement chatter stoke Fed rate cut wagers Dollar weakness persists, down 10% so far this yearBy Ankur Banerjee SINGAPORE, June 27 (Reuters) - The dollar drifted on Friday, hovering near its lowest level in 3-1/2 years against the e...Reuters
Fri, Jun 27
