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Pound Sterling trades sideways against US Dollar amid Israel-Iran conflict
The Pound Sterling (GBP) trades in a limited range around 1.3565 against the US Dollar (USD) during European trading hours on Tuesday. The GBP/USD pair consolidates as the US Dollar (USD) turns sideways, while investors seek fresh cues on the future of the conflict between Israel and Iran.
Fxstreet
Tue, Jun 17
EUR/JPY edges lower to near 167.00 following BoJ Governor Ueda’s speech
EUR/JPY halts its winning streak that began on June 5, trading around 167.20 during the early European hours on Tuesday. Earlier in the Asian session, the pair reached 167.59, the highest level since July 2024.
Fxstreet
Tue, Jun 17
QUOTES-BOJ Governor Ueda's comments at news conference
June 17 (Reuters) - The Bank of Japan kept interest rates steady on Tuesday and decided to decelerate the pace of its balance sheet drawdown next year, signalling its preference to move cautiously in removing remnants of its massive, decade-long stimulus.In a widely expected move, the BOJ maintained...Reuters
Tue, Jun 17
EUR/GBP extends the rally above 0.8500 ahead of ZEW Economic Sentiment Surveys
The EUR/GBP cross extends its upside to near 0.8520 during the early European trading hours on Tuesday. The Euro (EUR) strengthens against the Pound Sterling (GBP) as traders expect the European Central Bank (ECB) to pause its easing cycle to assess the impact of new US tariffs.
Fxstreet
Tue, Jun 17
Asian bonds draw biggest foreign inflows in nearly a decade in May
June 17 (Reuters) - Foreign investments in Asian bonds hit a near-10 year high in May, driven by a weaker dollar, concerns over U.S. fiscal risks, and expectations of rate cuts in regional economies.Foreign investors bought Asian bonds worth $15.29 billion on a net basis in May, the most for a m...Reuters
Tue, Jun 17
USD/CHF weakens below 0.8150 ahead of US Retail Sales release
The USD/CHF pair softens to around 0.8135 during the early European session on Tuesday. The persistent geopolitical risks in the Middle East provide some support to the Swiss Franc (CHF) against the US Dollar (USD). Traders brace for the US Retail Sales data for May, which is due later on Tuesday.
Fxstreet
Tue, Jun 17
USD/CAD Price Forecast: Sees more downside towards 1.3400
The USD/CAD pair wobbles inside Monday’s trading range around 1.3575 during the early European trading session on Tuesday. The Loonie pair trades sideways as investors await the Federal Reserve’s (Fed) monetary policy announcement on Wednesday.
Fxstreet
Tue, Jun 17
FOREX-Dollar steadies, yen rises after BOJ decision, focus on Ueda's presser
Yen gains in wake of BOJ decisionBOJ to slow balance sheet drawdown in fiscal 2026Middle East tensions keep markets on edgeTrump says everyone should immediately evacuate TehranBy Rae Wee SINGAPORE, June 17 (Reuters) - The dollar steadied on Tuesday while the yen rose following the Bank of Japan&...Reuters
Tue, Jun 17
ANALYSIS-Emerging market local currency debt could end decade-long drought as dollar wanes
EPFR data shows record inflows to emerging local currency bond fundsLocal currency bonds deliver returns of more than 10% so far this yearUS dollar slipped to weakest in three years in recent daysBy Libby George LONDON, June 17 (Reuters) - A weakening U.S. dollar is lifting a long-neglected asset...Reuters
Tue, Jun 17
EUR/USD treads water above 1.1550, receives support from ECB-Fed policy divergence
EUR/USD holds ground for the second successive session, trading around 1.1560 during the Asian hours on Tuesday. The pair maintains its position near 1.1631, the highest since October 2021, reached on June 12.Fxstreet
Tue, Jun 17
Australia, NZ dollars take a breather after upside breaks
By Wayne Cole SYDNEY, June 17 (Reuters) - The Australian and New Zealand dollars were just short of fresh highs on Tuesday as another bout of Middle East risk aversion swept markets, though both currencies found strong chart support to lean on.Hopes for a quick ceasefire were dashed by news of an...Reuters
Tue, Jun 17
FOREX-Dollar steadies, yen choppy after BOJ stands pat on rates
Yen volatile after BOJ decisionDollar firms on risk-off moodTrump says everyone should immediately evacuate TehranBy Rae Wee SINGAPORE, June 17 (Reuters) - The dollar firmed slightly on Tuesday while the yen swung between losses and gains after the Bank of Japan (BOJ) left rates unchanged and dec...Reuters
Tue, Jun 17
