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USD/JPY: Rapid buildup in momentum suggests further USD declines – UOB Group
Rapid buildup in momentum suggests further US Dollar (USD) declines that could potentially reach 144.25 against Japanese Yen (JPY). In the longer run, USD appears to have moved into a range trading phase between 143.50 and 146.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Thu, Jun 26
USD/MXN downtrend set to resume – Société Générale
USD/MXN remains under pressure after confirming a breakdown from a multi-month consolidation. With a rounding top in place and resistance capped at 19.44, the pair appears poised to resume its downtrend toward key support levels, Société Générale's FX analysts note.
Fxstreet
Thu, Jun 26
INDIA RUPEE-Rupee hits two-week high as Fed credibility worries compound dollar's troubles
By Jaspreet Kalra MUMBAI, June 26 (Reuters) - The Indian rupee strengthened to a fortnightly peak on Thursday, bolstered by broad weakness in the dollar on the back of concerns over the future independence of the U.S. Federal Reserve.The rupee INR=IN rose 0.4% to close at 85.7050 per U.S. dollar,...Reuters
Thu, Jun 26
EMERGING MARKETS-Forex, stocks broadly higher after Trump's Fed comments pressure dollar
Trump signals US may ease Iran oil sanctions, to hold nuclear talks next weekDollar slips on Fed independence concernsIMF disburses $834 million to Jordan under two facilitiesMSCI EM FX, stocks up 0.5% eachBy Purvi Agarwal and Ragini Mathur June 26 (Reuters) - Most emerging market currencies gain...Reuters
Thu, Jun 26
FOREX-Dollar slips on Fed credibility concerns, euro close to 4-year high
Dollar at multi-year lows as euro briefly tops $1.1700More reports Trump considering early pick for Fed chairEnd of US 'exceptionalism' undermining dollarBy Wayne Cole and Linda Pasquini SYDNEY/GDANSK, June 26 (Reuters) - The dollar slipped to multi-year lows against the euro and Swiss fr...Reuters
Thu, Jun 26
EUR/USD: The level to monitor is 1.1730 – UOB Group
Euro (EUR) may break above 1.1700, but it remains to be seen if it can maintain a foothold above this level. In the longer run, EUR could advance; the level to monitor is 1.1730, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Thu, Jun 26
Taiwan Dollar Surges to Three-Year High – Will Its Strength Keep Growing?
TradingKey - Against the backdrop of a weakening U.S. dollar, increased attractiveness of Taiwanese stocks, and rising foreign exchange sales by local exporters, the New Taiwan Dollar (TWD) surged on Thursday, approaching the key level of 29 against the U.S. dollar — marking a three-year high.TradingKey
Thu, Jun 26
EUR/CAD rises to near 1.6050, marks fresh seven-year highs
EUR/CAD continues its winning streak that began on June 16, trading around 1.6040 during the early European hours on Thursday. The currency cross has marked 1.6052, the new high since March 2018, with the Euro (EUR) receiving support amid improving risk appetite.
Fxstreet
Thu, Jun 26
