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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0% lower at C$1.3681 to the greenback, or 73.09 U.S. cents, after trading in a range of 1.3661 to 1.3698.Canadian government 10-year bond yields CA10YT=RR ros...Reuters
Fri, Jun 6
FOREX-Dollar poised for weekly loss, all eyes on US jobs data
Dollar close to 1-1/2 month lowCurrencies on guard ahead of Friday's U.S. jobs dataECB's hawkish tone keeps euro supportedBy Johann M Cherian, Rae Wee June 6 (Reuters) - The dollar was headed for a weekly loss on Friday, undermined by signs of fragility in the U.S. economy and little prog...Reuters
Fri, Jun 6
USD/JPY extends recovery to near 144.00 ahead of US NFP data
The USD/JPY pair rises further to near 144.00 during European trading hours on Friday, following the previous day’s recovery move. The pair strengthens as the US Dollar (USD) extends recovery ahead of the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.Fxstreet
Fri, Jun 6
Sterling set to end week higher with spending plans in focus
UK services sector activity expanded more than expectedUK spared further US tariffs on steel and aluminiumInvestors concerned about debt in developed marketsBy Johann M Cherian June 6 (Reuters) - Sterling was on track to finish the week higher on Friday, supported by a UK economy largely resilien...Reuters
Fri, Jun 6
USD/JPY: Likely to trade in a range of 142.95/144.40 – UOB Group
US Dollar (USD) is likely to trade in a range of 142.95/144.40 against Japanese Yen (JPY). In the longer run, price action suggests that USD is still trading in a range, most likely between 142.10 and 145.50, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Fri, Jun 6
EMERGING MARKETS-Emerging market FX set to end week near record highs
Emerging FX and stocks flat, set for weekly gainsRussian rouble down ahead of rate decisionIndian stocks rise after larger-than-expected rate cutBy Nikhil Sharma June 6 (Reuters) - Emerging market assets were set to close the week higher on Friday, supported by a weaker dollar, as investors navig...Reuters
Fri, Jun 6
RUB: Consensus has shifted towards rate cut – Commerzbank
The Central Bank of Russia's (CBR) had been expected to hold its key rate steady at today’s meeting. This had been a majority view among analysts, including ourselves, until recently, but as of late, the consensus majority has shifted in favour of a 100bp rate cut today.Fxstreet
Fri, Jun 6
AUD/USD: To test 0.6540 before pulling back – UOB Group
Australian Dollar (AUD) could first test 0.6540 against US Dollar (USD) before the risk of a pullback increases. 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
Fri, Jun 6
NZD/USD Price Forecast: Rejection at 0.6080 brings 0.6000 back into play
New Zealand Dollar’s upside attempts were capped at 0.6180 on Thursday, and the pair is extending the reversal on Friday, against a somewhat firmer US Dollar, which brings the 0.6000 support area back into focus.The Greenback is trimming some losses with investors unwinding their USD shorts, after aFxstreet
Fri, Jun 6
