News
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Australian Dollar extends gains as sentiment improves following a Trump-Xi phone call
The Australian Dollar (AUD) advances against the US Dollar (USD) on Friday, extending its winning streak for the third successive day. Traders await the upcoming US Nonfarm Payrolls (NFP) report, due later in the day, seeking fresh insights into the United States (US) economy.
Fxstreet
Fri, Jun 6
BOJ should continue to tighten policy, US Treasury says
TOKYO, June 6 (Reuters) - The Bank of Japan should continue to proceed with monetary tightening, which would support a "normalization of the yen's weakness" and rebalancing of bilateral trade, the U.S. Treasury Department said on Thursday."BOJ policy tightening should continue to pro...Reuters
Fri, Jun 6
AUD/JPY Price Forecast: Rallies above 93.00 on risk appetite, as bullish engulfing pattern looms
The AUD/JPY prolonged its gains on Thursday and edged up over 0.76% amid a risk-on impulse sparked by news that the US and China might reach an agreement as President Trump spoke with China’s President Xi Jinping during the day. At the time of writing the cross-pair trades at 93.30.
Fxstreet
Thu, Jun 5
FACTBOX-US finds no currency manipulators, adds Ireland, Switzerland to monitoring
June 5 (Reuters) - The U.S. Treasury Department said on Thursday that no major U.S. trading partners manipulated their currencies in the four quarters through to the end of December but it has expanded its monitoring list to nine countries. The release is the first semi-annual currency report since...Reuters
Thu, Jun 5
Trump Media Files S-3 Registration Statement For Previously Announced Bitcoin Treasury Deal
June 5 (Reuters) - Trump Media & Technology Group Corp DJT.O:TRUMP MEDIA FILES S-3 REGISTRATION STATEMENT FOR PREVIOUSLY ANNOUNCED BITCOIN TREASURY DEALTRUMP MEDIA & TECHNOLOGY: SEEKS TO REGISTER FOR RESALE BY INVESTORS ABOUT 56 MILLION SHARES OF EQUITY, 29 MILLION SHARES UNDERLYING CONVERT...Reuters
Thu, Jun 5
US finds no currency manipulation in 2024, Ireland, Switzerland added to monitoring list
By Dan Burns June 5 (Reuters) - No major U.S. trading partner manipulated its currency in 2024, the Treasury Department said on Thursday in the first semi-annual currency report of President Donald Trump's new administration, although its "monitoring list" of countries warranting clos...Reuters
Thu, Jun 5
Heritage Distilling Holding Company Inc Adopts Cryptocurrency Reserve Policy As Part Of Treasury Diversification
June 5 (Reuters) - Heritage Distilling Holding Company Inc CASK.O:HERITAGE DISTILLING HOLDING COMPANY INC: ADOPTS CRYPTOCURRENCY RESERVE POLICY AS PART OF TREASURY DIVERSIFICATIONHERITAGE DISTILLING HOLDING COMPANY INC: PREPARING PRE-LAUNCH OF BITCOIN BOURBONReuters
Thu, Jun 5
FOREX-Dollar drops against euro after ECB indicates possible end to rate easing cycle
ECB cuts rates as bets build on a summer pauseUS weekly jobless claims rise for second straight weekInvestors await details of Trump-Xi call, trade deals Traders focused on US May payrolls on FridayBy Saqib Iqbal Ahmed and Chibuike Oguh NEW YORK, June 5 (Reuters) - The dollar dropped against the ...Reuters
Thu, Jun 5
EUR/USD holds above 1.1440 as ECB cuts rates; focus shifts to US NFP data
EUR/USD holds onto earlier gains of over 0.20% after the European Central Bank (ECB) grabbed the headlines, reducing rates but leaving the door open for a pause at the upcoming July 24 meeting. At the time of writing, the pair trades at 1.1441 after bouncing off daily lows of 1.1404.
Fxstreet
Thu, Jun 5
CANADA FX DEBT-Canadian dollar hits eight-month high as market shrugs off record trade deficit
Canadian dollar gains 0.1% against the greenbackTouches its strongest level since October 8 at 1.3635Price of US oil settles 0.8% higherBond yields rise across the curveBy Fergal Smith TORONTO, June 5 (Reuters) - The Canadian dollar strengthened to nearly an eight-month high against its U.S. coun...Reuters
Thu, Jun 5
Brazil's May trade surplus lands below expectations as import growth persists
BRASILIA, June 5 (Reuters) - Brazil posted a smaller-than-expected trade surplus in May, government data showed on Thursday, as imports continued to show strong momentum.The monthly surplus fell 12.8% from a year earlier to $7.2 billion, missing the $8.3 billion forecast in a Reuters poll of economi...Reuters
Thu, Jun 5
Australian Dollar climbs despite weak trade balance data, NFP in focus
The Australian Dollar (AUD) extends its rally against the US Dollar (USD) for a second day on Thursday, brushing aside weak domestic data as the Greenback loses ground following a string of disappointing US economic releases.Fxstreet
Thu, Jun 5
ANALYSIS-For markets, end to ECB rate cuts just got closer
ECB cuts interest rates for 8th time in a yearMoney markets increasingly confident in July pauseEuro at six-week highs, two-year bond yields jumpBy Dhara Ranasinghe and Naomi Rovnick LONDON, June 5 (Reuters) - Traders are increasingly confident the European Central Bank will pause its run of inte...Reuters
Thu, Jun 5
USD/CAD slips below 1.3650 as US jobless claims rise, Canada’s PMI contract
USD/CAD extended its losses on Thursday amid a busy schedule on both sides of the border, with US unemployment benefits data coming in above forecasts. At the same time, Canada’s Ivey PMI shows that business activity contracted for the second straight month.Fxstreet
Thu, Jun 5
