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ECB relaxed about euro strength, risk of too low inflation, de Guindos says
Markets have understood well the ECB's signalsRisk of undershooting inflation very limited, de Guindos saysEuro's firming not a major concernBy Balazs Koranyi and Francesco Canepa FRANKFURT, June 16 (Reuters) - Tariffs will weigh on euro zone economic growth and prices for years, but ther...
Reuters
Mon, Jun 16
USD/CHF strengthens above 0.8100 on renewed US Dollar demand
The USD/CHF pair gathers strength to around 0.8125 during the early European session on Monday, bolstered by the rebound in the US Dollar (USD). Investors await the Swiss May Producer and Import Prices and SECO Economic Forecasts, which will be published later on Monday.
USD/CHF
Fxstreet
Mon, Jun 16
USD/CAD rebounds to near 1.3600 as Oil prices correct downwards, G7 Summit eyed
USD/CAD is trading around 1.3600 during the Asian hours on Monday after rebounding from eight-month low of 1.3566, which was recorded on June 13. The pair gains ground as the commodity-linked Canadian Dollar (CAD) faces challenges due to a decline in the crude Oil prices.
USD/CAD
Fxstreet
Mon, Jun 16
Australia, New Zealand dollars vulnerable as Israel-Iran conflict escalates
SYDNEY, June 16 (Reuters) - The Australian and New Zealand dollars remained vulnerable to declines on Monday as the conflict between Israel and Iran showed no sign of cooling and oil prices climbed anew, although the sell-off in global stocks did steady a little. The Aussie AUD=D3 dropped 0....
Reuters
Mon, Jun 16
Silver Price Forecast: XAG/USD drifts lower below $36.50 on rising Middle East tensions
The Silver price (XAG/USD) edges lower to around $36.20 during the Asian trading hours on Monday. The recovery in the Greenback weighs on the USD-denominated commodity price. However, the potential downside seems limited amid the escalating geopolitical tensions in the Middle East.
Silver
Fxstreet
Mon, Jun 16
India Morning Newsletter, June 16
To access a PDF version of this newsletter, please click hereIf you would like to receive this newsletter via email, please register at: https://solutions.lseg.com/MNCIndia-SubscriptionpageFor an index of our newsletters click on NEWSL
Reuters
Mon, Jun 16
NZD/USD remains above 0.6000, moves little after China’s economic data release
NZD/USD holds gains following the release of mixed economic data from China, trading around 0.6020 during the Asian hours on Monday. The National Bureau of Statistics (NBS) reported that China’s Retail Sales rose 6.4% year-over-year in May, surpassing the 5.0% expected and April’s 5.1% increase.
NZD/USD
Fxstreet
Mon, Jun 16
Japanese Yen remains on the back foot ahead of the crucial BoJ policy meeting
The Japanese Yen (JPY) drifts lower for the second straight day on Monday, pushing the USD/JPY pair to the 144.75 area during the Asian session, albeit lacking follow-through.
USD/JPY
Fxstreet
Mon, Jun 16
FOREX-Dollar inches up as markets on edge over Middle East conflict
Dollar buoyed by safe-haven demandMarkets fear Israel-Iran fighting could spillover into regional conflictMonetary policy decisions by Fed, BOJ, BoE due through the weekBy Johann M Cherian June 16 (Reuters) - The dollar firmed against major currencies on Monday, driven by safe-haven buying from i...
Reuters
Mon, Jun 16
Australian Dollar steadies following mixed economic data from China
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Monday. The AUD/USD pair remains subdued for the second consecutive session due to escalating tensions in the Middle East.
AUD/USD
Fxstreet
Mon, Jun 16
EUR/USD remains subdued near 1.1550 due to rising Israel-Iran tensions
EUR/USD extends its losses for the second successive session, trading around 1.1540 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) gains ground amid rising safe-haven demand as geopolitical tensions escalate in the Middle East.
EUR/USD
Fxstreet
Mon, Jun 16
PBOC sets USD/CNY reference rate at 7.1789 vs. 7.1772 previous
On Monday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1789 as compared to Friday's fix of 7.1772 and 7.1854 Reuters estimate.
USD/CNH
Fxstreet
Mon, Jun 16
GBP/USD consolidates around mid-1.3500s ahead of this week’s key data/central bank event risks
The GBP/USD pair remains on the defensive below a three-year top touched on Friday, though it lacks bearish conviction and oscillates in a narrow band around mid-1.3500s during the Asian session.
GBP/USD
Fxstreet
Mon, Jun 16
AUD/USD extends downside below 0.6500 amid geopolitical risks
The AUD/USD pair weakens to 0.6485 during the early Asian session on Monday. Escalating geopolitical tensions in the Middle East following an Israeli attack on Iran provide some support to the US Dollar (USD).
AUD/USD
Fxstreet
Sun, Jun 15
Investors unnerved as Israel-Iran conflict fuels oil market rally
Wary investors move to "risk off" mode as geopolitical tension mountsCrude oil prices spike higher on outbreak of hostilitiesUS VIX volatility measure at highest point in 3 weeksBy Saqib Iqbal Ahmed, Suzanne McGee, Linda Pasquini NEW YORK/GDANSK, June 15 (Reuters) - Investors were on edge...
Reuters
Sun, Jun 15
South Korea Trade Balance remains unchanged at $6.94B in May
South Korea Trade Balance remains unchanged at $6.94B in May
Fxstreet
Sun, Jun 15
CORRECTED-Investors on edge over Israel-Iran conflict, oil price volatility
Wary investors move to "risk off" mode as geopolitical tension mountsCrude oil prices spike higher on outbreak of hostilitiesUS VIX volatility measure at highest point in 3 weeksBy Saqib Iqbal Ahmed, Suzanne McGee, Linda Pasquini NEW YORK/GDANSK, June 15 (Reuters) - Investors were on edge...
Reuters
Sun, Jun 15
Investors on edge over Israel-Iran conflict, anti-Trump protests
Wary investors move to "risk off" mode as geopolitical tension mountsCrude oil prices spike higher on outbreak of hostilitiesUS VIX volatility measure at highest point in 3 weeksBy Saqib Iqbal Ahmed and Suzanne McGee NEW YORK, June 14 (Reuters) - Dual risks kept investors on edge ahead of...
Reuters
Sat, Jun 14
Trump reports tens of millions in income from crypto ventures
June 13 (Reuters) - President Donald Trump filed his first public financial disclosure report of his term on Friday, providing what he said was the latest information about his holdings, including income from his family's foray into crypto currencies.Trump reported $57.35 million from token sale...
Reuters
Sat, Jun 14
Investors choose safe havens, oil over equities as Middle East erupts
Mid-East escalation brings geopolitical risks back to foreTension gives battered safe-haven dollar a boostInvestors watch for sustained oil price rallies By Sinéad Carew and Amanda Cooper NEW YORK/LONDON, June 13 (Reuters) - U.S. investors on Friday sought refuge in safe-haven assets like the...
Reuters
Fri, Jun 13
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