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EUR: Testing the big resistance – ING
The EUR/USD rally stalled again in the 1.160-1.165 area and it is plausible markets may require a more compelling macro story (most likely from the US) rather than the mere unwinding of geopolitical risks for a break higher, ING's FX analyst Francesco Pesole notes.
Fxstreet
Wed, Jun 25
Investment firm PAG raises $432 million in first yuan-denominated buyout fund, sources say
PAG yuan-denominated fund exceeds initial target, sources sayPAG yuan fund will focus on control deals in China China PE deals fall to lowest first-half level since 2013By Kane Wu HONG KONG, June 25 (Reuters) - Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) at the fir...Reuters
Wed, Jun 25
NZD/USD rises above 0.6000 as US Dollar remains subdued due to dampened safe-haven demand
NZD/USD extends its winning streak for the third successive session, trading around 0.6030 during the early European hours on Wednesday. The pair remains stronger following the trade balance data, released by Statistics New Zealand.
Fxstreet
Wed, Jun 25
Swedish central bank open to cut but uncertainty high, minutes show
STOCKHOLM, June 25 (Reuters) - Sweden's central bank could ease policy again before the end of the year if growth disappoints and inflation remains tame, minutes from the meeting last week at which the Riksbank cut its key interest rate to 2.00%, published on Wednesday, showed."We are signal...Reuters
Wed, Jun 25
GBP/JPY nears YTD highs above 198.00 amid a moderate risk appetite
The Pound resumed its positive trend as the safe-haven Yen struggles in risk-on marketsA divided BoJ committee puts further rate hikes into question and adds bearish pressure on the Yen,GBP/JPY has rallied 1.6% over the last five days, nearing the YTD highs at 198.20 and 198.25.
Fxstreet
Wed, Jun 25
AUD/JPY holds positive ground above 94.00 amid improved risk sentiment
The AUD/JPY pair attracts some buyers to around 94.30 during the early European session on Wednesday. The Japanese Yen (JPY) softens against the Euro (EUR) due to growing optimism that a ceasefire between Israel and Iran will hold after it was touted by US President Donald Trump.
Fxstreet
Wed, Jun 25
PAG raises $432 million in first yuan-denominated buyout fund, sources say
PAG yuan-denominated fund exceeds initial target, sources sayPAG yuan fund will focus on control deals in China China PE deals fall to lowest first-half level since 2013By Kane WuHONG KONG, June 25 (Reuters) - Asia-focused investment firm PAG has raised 3.1 billion yuan ($432 million) in the first c...Reuters
Wed, Jun 25
FOREX-Dollar stalls as Israel-Iran truce boosts risk appetite
Dollar struggling to recoup lossesOptimism over shaky Israel-Iran ceasefire keeps mood buoyantFed Chair Powell says he is in no hurry to ease ratesBy Rae Wee SINGAPORE, June 25 (Reuters) - The dollar struggled to regain lost ground on Wednesday as investors decided to take on more risk following ...Reuters
Wed, Jun 25
China's yuan hovers near one-month high on Mideast ceasefire optimism
HONG KONG, June 25 (Reuters) - China's yuan edged higher against the U.S. dollar on Wednesday, nearing its strongest level in a month, as a truce between Israel and Iran continued to lift market sentiment. The ceasefire brokered by U.S. President Donald Trump between Iran and Israel appeared to be..
Reuters
Wed, Jun 25
USD/CHF refreshes over-a-decade low near 0.8030 on USD’s continued underperformance
The USD/CHF pair posts a fresh over-a-decade low near 0.8034 during Asian trading hours on Wednesday. The Swiss Franc pair faces a sharp selling pressure as the US Dollar (USD) continues to underperform its peers after a ceasefire between Israel and Iran.Fxstreet
Wed, Jun 25
EUR/USD strengthens above 1.1600 on risk-on mood
The EUR/USD pair edges higher to around 1.1615 during the early European session on Wednesday. The improved risk sentiment provides some support to the Euro (EUR) against the Greenback. Traders will take more cues from the Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday.Fxstreet
Wed, Jun 25
Silver Price Forecast: XAG/USD posts modest gains near $36.00 on weaker US Dollar
The Silver price (XAG/USD) posts modest gains near $35.95 during the Asian session on Wednesday. The weaker US Dollar (USD) provides some support to the USD-denominated commodity price. Traders brace for Federal Reserve’s (Fed) Chair Jerome Powell testifies later on Wednesday.Fxstreet
Wed, Jun 25
