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UK's Argentex rejects Lavide's investment proposal
June 9 (Reuters) - Argentex AGFX.L said on Monday it had rejected an equity investment proposal from the Netherlands-based Lavide Holding NV LVIDE.AS to obtain a 50% stake in the British currency risk manager for 2.5 million pounds ($3.39 million) and a potential provision of a 15 million pound cred...Reuters
Mon, Jun 9
Sterling rises against a weaker dollar ahead of UK's spending plan
By Linda Pasquini June 9 (Reuters) - Sterling rose against the dollar on Monday, as the greenback weakened after rallying on Friday on the back of a better-than-expected U.S. jobs report and investors eyed a spending plan by Britain's government later this week.The pound has been helped by a ...Reuters
Mon, Jun 9
AUD/USD: Bias remains on the upside – UOB Group
Further sideways trading in Australian Dollar (AUD) vs US Dollar (USD) appears likely, probably in a range of 0.6480/0.6520. In the longer run, bias remains on the upside, but it remains to be seen if AUD can break clearly above 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jun 9
GBP/USD: Likely to trade in a 1.3515/1.3575 range – UOB Group
Pound Sterling (GBP) is likely to trade in a 1.3515/1.3575 range. In the longer run, there is a chance for GBP to retest 1.3615 before the risk of a more sustained and sizeable pullback increases, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jun 9
ANALYSIS-Argentine leader Milei licking his chops ahead of October elections
Milei credited with stabilizing economy, taming inflationGovernment's austerity program has led to public discontentMilei's party leads in polls, opposition Peronists face internal divisionsBy Nicolás Misculin BUENOS AIRES, June 9 (Reuters) - Argentina's firebrand right-wing President...Reuters
Mon, Jun 9
FOREX-Dollar slips after rally, focus shifts to US-China trade talks
US, China set for trade talks in London on MondayLast week's better than feared US jobs report provides reliefJapan tariff negotiator to visit US late this week, report saysChina's May exports slow, deflation deepens as tariffs biteBy Johann M Cherian and Linda Pasquini June 9 (Reuters) -...Reuters
Mon, Jun 9
AUD/USD rallies to near 0.6530 as US Dollar slumps ahead of Sino-US trade talks
The AUD/USD pair is up almost 0.55% to near 0.6530 during European trading hours on Monday. The Aussie pair strengthens as antipodeans outperform ahead of trade negotiations between the United States (US) and China later in the day.Fxstreet
Mon, Jun 9
Russian rouble flat vs US dollar after rate cut
MOSCOW, June 9 (Reuters) - The Russian rouble was flat against the U.S. dollar on Monday after weakening about 2% in the previous session, following the decision by the central bank to cut its key interest rate last week. By 0820 GMT, the rouble RUB= traded at 78.80 per U.S. dollar, according to LSE...Reuters
Mon, Jun 9
GBP/JPY corrects from 196.00 as upwardly revised Japan’s Q1 GDP supports Yen
The GBP/JPY pair retraces to near 195.65 during European trading hours on Monday from the intraday high of 196.00. The pair faces slight selling pressure as the Japanese Yen (JPY) gains after the revised Q1 Gross Domestic Product (GDP) data showed that the economy remained flat.
Fxstreet
Mon, Jun 9
Iron ore drifts down as China deflation persists
By Amy Lv and Lewis Jackson BEIJING, June 9 (Reuters) - Iron ore futures prices slipped on Monday as weak data from top consumer China weighed on investor sentiment, although hopes of progress in trade talks between the world's two largest economies limited losses.The most-traded September ir...Reuters
Mon, Jun 9
Pound Sterling gains against US Dollar as focus shifts to US-China trade talks
The Pound Sterling (GBP) rises to near 1.3570 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair gains as the US Dollar underperforms across the board amid uncertainty ahead of trade talks between the United States (US) and China in London later in the day.Fxstreet
Mon, Jun 9
