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AUD/JPY Price Forecast: Slips below 94.00 as Middle East de-escalation lifts safe havens
The AUD/JPY retreats amid a risk-on mood, spurred by the de-escalation of the Middle East conflict. This pushed safe-haven currencies, except for the US Dollar, higher during Tuesday’s session, to the detriment of the Australian Dollar.
Fxstreet
Tue, Jun 24
FOREX-Dollar drops on Middle East optimism, euro highest since 2021
Trump announces Iran, Israel ceasefireEuro, yen gain as oil prices drop, risk currencies rallyFed's Powell expects inflation to rise this summerBy Karen Brettell NEW YORK, June 24 (Reuters) - The dollar fell on Tuesday and the euro rose to its highest level since October 2021 after a ceas...Reuters
Tue, Jun 24
CORRECTED-US investor strikes $1 billion merger to create bitcoin treasury company
ProCap BTC raises $750 million in equity and convertible noteProCap Financial to use bitcoin for revenue via lending, derivativesInstitutional investors commit capital, but Reuters can't verify investmentsBy Gertrude Chavez-Dreyfuss BOSTON, June 23 (Reuters) - U.S. investor and entrepreneur A...Reuters
Tue, Jun 24
Fed's Williams says dollar remains dominant on global stage
ALBANY, June 24 (Reuters) - Federal Reserve Bank of New York President John Williams said on Tuesday he sees no current threat to dethrone the dollar as the dominant global reserve currency.Foreigners' holdings of dollars “hasn’t fundamentally changed at all” and the dollar is still the main res...Reuters
Tue, Jun 24
USD/CHF nears multi-year lows, Fed dovish tilt weighs on US Dollar
The Swiss Franc (CHF) trades stronger against the US Dollar (USD) on Tuesday, building on Monday’s gains amid a broadly weaker Greenback as geopolitical tensions ease following a ceasefire agreement between Iran and Israel.
Fxstreet
Tue, Jun 24
Russian rouble stable vs US dollar despite oil price fall
MOSCOW, June 24 (Reuters) - The Russian rouble was stable against the U.S. dollar on Tuesday despite prices for oil, Russia's main export commodity, tumbling to a two-week low on what the market viewed as a lower risk of supply disruptions in the Middle East. By 0830 GMT, the rouble RUB= was up ...Reuters
Tue, Jun 24
CANADA FX DEBT-Canadian dollar gains as CPI data fails to boost rate cut bets
Canadian dollar gains 0.3% against the greenbackTrades in a range of 1.3679 to 1.3738Annual rate of CPI holds steady at 1.7%Bond yields edge lower across the curveBy Fergal Smith TORONTO, June 24 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Tuesday, as domestic dat...Reuters
Tue, Jun 24
FOREX-Dollar drops after cease fire announcement
Trump announces Iran, Israel ceasefireEuro, yen gain as oil prices drop, risk currencies rallyFed's Powell to testify before U.S. CongressBy Karen Brettell NEW YORK, June 24 (Reuters) - The dollar was broadly lower on Tuesday after the announcement of a ceasefire between Israel and Iran and a...Reuters
Tue, Jun 24
GBP/USD nears 1.3600 as ceasefire fails, Powell tempers rate cut hopes
The Pound Sterling extended its gains versus the US Dollar on Tuesday, as the proposed ceasefire between Israel and Iran was violated by both parties, despite US President Donald Trump's warning. Nevertheless, the risk appetite remains strong, despite the ongoing developments in the Middle East.
Fxstreet
Tue, Jun 24
Continental revises down profitability targets on trade turbulence
By Rachel More BERLIN, June 24 (Reuters) - German car parts supplier Continental CONG.DE revised down profitability targets for its core tyre business and with it the broader group on Tuesday, pointing to currency effects and increasing trade barriers.The company now sees its 2025 adjusted EBIT m...Reuters
Tue, Jun 24
Trading Guide Under Trump’s Tariff: Favor Euro and Yen, Emerging Market Equities Seen Most Optimistic in Two Years
TradingKey - Trading data and investor surveys indicate that Trump’s tariff policies are indeed weighing on U.S. dollar assets, and the sell-off of the greenback is more than just Wall Street analysts’ commentary. Amid prolonged uncertainty over trade policy, investors are showing a stronger ...Brazil central bank says tightening effects yet to be felt, signals pause in rate hikes
Central bank open to resuming hikes if inflation remains above 3% targetBrazil's economy has continued to outperform expectationsShort-term inflation outlook remains adverseBy Marcela Ayres BRASILIA, June 24 (Reuters) - Brazil's central bank said on Tuesday that much of the impact fro...Reuters
Tue, Jun 24
EUR/GBP Price Forecast: Bulls test key resistance as momentum indicators cool
The Euro (EUR) is slipping against the Pound today, putting the brakes on a solid run that saw buyers firmly in control for nearly two weeks. The EUR/GBP cross is edging lower, trading around 0.8527 during the American trading hours, down about 0.40% on the day.
Fxstreet
Tue, Jun 24
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3705 to the greenback, or 72.97 U.S. cents, after trading in a range of 1.3707 to 1.3738.Canadian government 10-year bond yields CA10Y...Reuters
Tue, Jun 24
