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USD/CHF: Dovish cut can lend momentum – OCBC
Swiss National Bank's Monetary Policy Committee (MPC) meeting takes place tomorrow. Markets have fully priced in a 25bp cut to bring the policy rate down to zero. Pair was last at 0.8178 levels, OCBC's FX analysts Frances Cheung and Christopher Wong note.
Fxstreet
Wed, Jun 18
EMERGING MARKETS-Stocks under pressure as Middle East crisis deepens
EM stocks down 0.4%, FX down 0.2%Fed's interest rate verdict awaitedBank Indonesia keeps rates on holdHungary's main stock index hits a record highPolish consumer sentiment improves in June for second month in a rowBy Nikhil Sharma June 18 (Reuters) - Emerging market stocks came under pre...Reuters
Wed, Jun 18
NZD/USD Price Forecast: Tests ascending channel’s lower boundary near 0.6000
NZD/USD is retracing its recent losses, trading around 0.6030 during the European hours on Wednesday. The technical analysis of the daily chart suggests the potential for weakening bullish bias, as the pair tests the lower boundary of the ascending channel pattern.
Fxstreet
Wed, Jun 18
AUD/JPY rises above 94.00 despite increased risk aversion
AUD/JPY holds gains after registering nearly 0.50% losses in the previous session, trading around 94.20 during the European hours on Wednesday. However, the upside of the currency cross could be limited due to heightened safe-haven demand, driven by escalating Middle East tensions.
Fxstreet
Wed, Jun 18
Swedish central bank cuts key rate to 2.00%, may ease again this year
Quarter-point cut was expectedRiksbank says price pressures weaker than expectedPoints to chance of another cut before year's endBy Simon Johnson STOCKHOLM, June 18 (Reuters) - Sweden's central bank cut its key interest rate to 2.00% from 2.25% as expected on Wednesday and sai...Reuters
Wed, Jun 18
FOREX-Dollar muted as investors watch Israel-Iran conflict ahead of Fed decision
Dollar holds mostly steady as Middle East conflict rages onSafe havens strengthen modestly; pound rises after UK inflation dataFed expected to leave interest rates unchanged By Amanda Cooper LONDON, June 18 (Reuters) - The U.S. dollar eased against the yen and Swiss franc on Wednesday, as fig...Reuters
Wed, Jun 18
Sterling edges up after UK data shows jump in food inflation
By Amanda Cooper LONDON, June 18 (Reuters) - The pound edged higher on Wednesday as investor nervousness over the escalating conflict in the Middle East weighed on the dollar and after UK data showed consumer inflation barely moved in May, undermining the case for prompt rate cuts.The Office for ...Reuters
Wed, Jun 18
GBP/USD holds positive ground above 1.3450 after UK CPI data, Fed rate decision eyed
The GBP/USD pair strengthens near 1.3460 during the early European trading hours on Wednesday. The Pound Sterling (GBP) remains firm against the Greenback after the UK Consumer Price Index (CPI) inflation report.
Fxstreet
Wed, Jun 18
FOREX-Dollar wobbles as investors monitor Israel-Iran conflict ahead of Fed decision
Dollar clings onto recent gains as Middle East conflict rages onFed widely expected to leave interest rates unchanged Trade deals scant as G7 summit concludesBy Johann M Cherian June 18 (Reuters) - The U.S. dollar wavered against most major currencies on Wednesday, as fighting between Israel and ...Reuters
Wed, Jun 18
