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CHF: SNB refrains from surprises – Commerzbank
When the Swiss National Bank (SNB) announced its decision yesterday, some analysts seemed to have been anticipating a repeat of negative interest rates in Switzerland, Commerzbank's FX analyst Michael Pfister notes.
EUR/CHF
USD/CHF
Fxstreet
Fri, Jun 20
AUD/USD trades calmly as investors await clarity on US’ plans of striking Iran
The AUD/USD pair ticks up to near 0.6490 during European trading hours on Friday. The Aussie pair oscillates inside the Thursday’s trading range, while investors await the decision from the United States (US) about whether it will directly involve in the week-long aerial war between Israel and Iran.
AUD/USD
Fxstreet
Fri, Jun 20
EUR outperforming in quiet trade – Scotiabank
The Euro (EUR) is strong, up a decent 0.3% vs. the US Dollar (USD) as it outperforms all of the G10 currencies into Friday’s NA session, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
EUR/USD
Fxstreet
Fri, Jun 20
CAD little changed near 1.37 – Scotiabank
USD/CAD is little changed on the day and while the Canadian Dollar (CAD) is a relative underperformer on the session, USD traction above 1.37 is showing signs of weakening, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.
USD/CAD
Fxstreet
Fri, Jun 20
USD/CHF finds support above 0.8150 and holds weekly gains
The US Dollar was rejected on Thursday at 0.8715, but downside attempts have remained capped above 0.8450 on Friday, which leaves the pair on track to close the week with a 0.7% advance.The Swiss Franc lost ground during the week as the market anticipated that the Swiss National Bank would cut rates
USD/CHF
Fxstreet
Fri, Jun 20
USD/JPY: Likely to trade between 144.80 and 145.80 – UOB Group
US Dollar (USD) is expected to trade in a range, most likely between 144.80 and 145.80. In the longer run, there has been a tentative buildup in momentum; for a sustained advance, USD must first break and hold above 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USD/JPY
Fxstreet
Fri, Jun 20
Sterling set for weekly loss as Middle East conflict overshadows domestic data
By Linda Pasquini June 20(Reuters) - Sterling gained slightly against the dollar on Friday but was set for a loss on the week as uncertainty over the Israel-Iran conflict fuelled demand for traditional safe havens such as the greenback.Weak UK retail data earlier in the session and the Bank of En...
Reuters
Fri, Jun 20
NZD/USD: Scope to test 0.6025 – UOB Group
Rebound in New Zealand Dollar (NZD) has scope to test 0.6025 against US Dollar (USD), but a sustained break above this level is unlikely. In the longer run, NZD must break and hold below 0.5940 before further declines are likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
NZD/USD
Fxstreet
Fri, Jun 20
USD/CAD remains capped below 1.3700 with the loonie favoured by a brighter market mood
The Canadian Dollar is trading higher against a weaker USD on Monday, trimming losses following a three-day sell-off, as a brighter market mood, coupled with high Oil prices, presents a more favourable backdrop for the CAD.US President Donald Trump eased investors' fears earlier today, affirming tha
USD/CAD
Fxstreet
Fri, Jun 20
USD/CHF: SNB may not be done cutting rates – OCBC
The Swiss National Bank (SNB) cut rate 25bp to bring policy rate down to 0%, as widely anticipated. USD/CHF was last at 0.8165 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
USD/CHF
Fxstreet
Fri, Jun 20
EMERGING MARKETS-EM stocks rebound as oil and dollar dip, Turkish lira falls further
Asian stocks support EM equities KOSPI crosses 3,000 mark on post-election rallyLira weakens further, analysts see rate cuts comingBy Sruthi Shankar June 20 (Reuters) - A semblance of calm returned to most emerging markets on Friday, as worries about an immediate U.S. involvement in the Iran-Isra...
Reuters
Fri, Jun 20
INDIA RUPEE-Rupee gains slightly to cap week clouded by Middle East conflict
By Jaspreet Kalra MUMBAI, June 20 (Reuters) - The Indian rupee ended modestly higher on Friday but fell for a second consecutive week as the conflict between Iran and Israel remained the key driver for global markets and kept energy prices elevated, pressuring oil-sensitive currencies in Asia.The...
Reuters
Fri, Jun 20
AUD/USD: Likely to trade in a sideways range of 0.6460/0.6510 – UOB Group
Instead of continuing to decline, Australian Dollar (AUD) is more likely to trade in a sideways range of 0.6460/0.6510 against US Dollar (USD).
AUD/USD
Fxstreet
Fri, Jun 20
EUR: Back to 1.15 – ING
EUR/USD is back above 1.150 as markets priced out a certain degree of geopolitical risk off the pair, ING's FX analyst Francesco Pesole notes.
EUR/USD
Fxstreet
Fri, Jun 20
USD/JPY Price Forecast: The pair remains bullish with 146.15 on sight
The US Dollar keeps trading in a bullish trend with higher highs and higher lows against a weaker Yen and is on track to close the week 0.8% higher, despite the strong Japanese inflation figures seen earlier today.
USD/JPY
Fxstreet
Fri, Jun 20
CEE MARKETS-FX, stocks mixed with Israel-Iran conflict in focus
BUDAPEST, June 20 (Reuters) - Central European currencies and stocks were mixed on Friday as market participants eyed developments in the war between Israel and Iran, as well as the effect of rising oil prices.The conflict between Israel and Iran entered its second week on Friday as U.S. President D...
Reuters
Fri, Jun 20
FOREX-Dollar set for weekly rise as Middle East conflict fuels safe-haven demand
Fears of US involvement in Middle East conflict spark demand for dollarOil prices, war and tariffs cloud central banks' policy outlook China keeps benchmark rates unchanged as expected in JuneBy Johann M Cherian June 20 (Reuters) - The dollar was set for its biggest weekly rise in over a mont...
Reuters
Fri, Jun 20
Pound Sterling faces selling pressure after poor UK Retail Sales data
The Pound Sterling (GBP) faces selling pressure against its major peers on Friday after the release of the weaker-than-projected United Kingdom (UK) Retail Sales data for May.
GBP/USD
Fxstreet
Fri, Jun 20
Silver Price Forecast: XAG/USD falls to near $35.50 as traders lock in profits
Silver price (XAG/USD) extends its losses for the third consecutive session, trading around $35.80 during the early European hours on Friday. The price of the precious metal depreciates as traders take profits and liquidate positions to offset losses in other assets.
Silver
Fxstreet
Fri, Jun 20
EUR/USD nudges higher as the US Dollar pulls back with risk aversion easing
The EUR/USD pair is trading higher for the third consecutive day on Friday and has returned above the 1.1500 level, trading at 1.1520 at the moment of writing.
EUR/USD
Fxstreet
Fri, Jun 20
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