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USD/CHF holds ground near 0.8250 ahead of Trump tariffs implementation
USD/CHF remains stronger for the second successive session, trading around 0.8240 during the Asian hours on Wednesday. The US Dollar continues to gain ground against its peers, potentially due to a technical correction.
USD/CHF
Fxstreet
Wed, Jun 4
FOREX-Dollar drifts as trade tensions simmer ahead of jobs data
US doubles steel duties on Wednesday, to receive 'best offers' from trade partnersTrump to have call this week with President Xi as two sides clash over tariff truceDollar rose after JOLTS data, with ADP report due before payrolls on FridayBy Kevin Buckland TOKYO, June 4 (Reuters) - The d...
Reuters
Wed, Jun 4
AUD/JPY Price Forecast: Bearish bias remains unchanged near 93.00
The AUD/JPY cross trades in positive territory near 93.10 during the early European session on Wednesday. The Australian Dollar (AUD) remains weak against the Japanese Yen (JPY) after Australia’s first quarter (Q1) economic growth missed estimates.
AUD/JPY
Fxstreet
Wed, Jun 4
USD/CAD hangs near YTD low; flat lines above 1.3700 ahead of BoC, US macro data
The USD/CAD pair extends its sideways consolidative price move through the Asian session on Wednesday and remains close to its lowest level since October 2024 touched earlier this week.
USD/CAD
Fxstreet
Wed, Jun 4
GBP/USD remains above 1.3500 as US Dollar comes under pressure from "Sell America" trend
GBP/USD edges higher after registering losses in the previous session, trading around 1.3520 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) attracts sellers under the “Sell America” trend amid rising tariff uncertainty, which could hurt growth in the US economy.
GBP/USD
Fxstreet
Wed, Jun 4
EUR/USD hovers below 1.1400 as Eurozone inflation falls below ECB’s 2% target
EUR/USD moves little after registering losses in the previous session, trading around 1.1380 during the Asian hours on Wednesday. The pair may appreciate as the US Dollar (USD) struggles due to traders’ caution amid rising tariff uncertainty and its potential to hurt growth in the US economy.
EUR/USD
Fxstreet
Wed, Jun 4
USD/INR softens ahead of Indian/US PMI releases
The Indian Rupee (INR) gains ground on Wednesday. The weaker US Dollar (USD) after the downbeat economic data supports the local currency.
Fxstreet
Wed, Jun 4
India Morning Newsletter, June 4
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
Wed, Jun 4
Japanese Yen stalls Tuesday’s retracement slide from one-week high against USD
The Japanese Yen (JPY) attracts some intraday buyers following an Asian session downtick against its American counterpart and for now, seems to have stalled its pullback from a one-week high touched the previous day.
USD/JPY
Fxstreet
Wed, Jun 4
Australian dollar out of gas as economy sputters
By Wayne Cole SYDNEY, June 4 (Reuters) - The Australian and New Zealand dollars barely budged on Wednesday as domestic economic data again disappointed, adding to market wagers that interest rates will have to be cut again and perhaps soon.Figures showed Australia's economy grew just 0.2% in ...
Reuters
Wed, Jun 4
Australian Dollar remains stronger following Q1 GDP data
The Australian Dollar (AUD) appreciates against the US Dollar (USD) on Wednesday after registering over 0.5% losses in the previous session. The AUD/USD pair remains in positive territory following the release of mixed economic data from Australia.
AUD/USD
Fxstreet
Wed, Jun 4
PBOC sets USD/CNY reference rate at 7.1886 vs. 7.1869 previous
The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Wednesday at 7.1886 as compared to the previous day's fix of 7.1869 and 7.1977 Reuters estimate.
USD/CNH
Fxstreet
Wed, Jun 4
NZD/USD strengthens to near 0.6000, eyes on potential US-China talks
The NZD/USD pair holds positive ground around 0.6000 during the early Asian session on Wednesday. The US Dollar (USD) weakens against the New Zealand Dollar (NZD) amid concerns over the impact of US President Donald Trump’s tariffs on the US economy and global trade.
NZD/USD
Fxstreet
Wed, Jun 4
FOREX-Dollar edges down as trade tensions simmer ahead of jobs data
TOKYO, June 4 (Reuters) - The dollar drifted lower on Wednesday as the market looked ahead to U.S. employment data for immediate trading cues, while waiting on developments in President Donald Trump's tariff negotiations with key trading partners including China.
Reuters
Wed, Jun 4
GBP/USD settles into a holding pattern just above 1.3500
GBP/USD trimmed bullish momentum on Tuesday, settling into slim chart churn just north of 1.3500.
GBP/USD
Fxstreet
Tue, Jun 3
USD/CAD remains on the defensive near 1.3700 ahead of BoC rate decision
The USD/CAD pair remains on the defensive around 1.3715 during the early Asian session on Wednesday. The Canadian Dollar (CAD) edges higher against the Greenback as crude oil prices rise.
USD/CAD
Fxstreet
Tue, Jun 3
AUD/JPY Price Forecast: Edges higher with eyes set on 94.00 as bullish harami emerges
The AUD/JPY opens Wednesday’s Asian session with a positive mood, posting gains of over 0.08% at the time of writing. The cross-pair appears poised to extend the ongoing leg up, testing the May 29 daily high of 93.86.
AUD/JPY
Fxstreet
Tue, Jun 3
Brazil's central bank to offer $1 billion in dollar auctions with repurchase deal on June 4
SAO PAULO, June 3 (Reuters) - The Brazilian central bank said on Tuesday it will offer up to $1 billion in two simultaneous dollar auctions, with repurchase agreement, to be held on Wednesday morning. The auctions, which will aim to roll over contracts expiring on July 2, will start at 10:30 a.m. lo...
Reuters
Tue, Jun 3
Brazil's central bank to offer $1 billion in dollar auctions with repurchase deal on June 4
SAO PAULO, June 3 (Reuters) - The Brazilian central bank said on Tuesday it will offer up to $1 billion in two simultaneous dollar auctions, with repurchase agreement, to be held on Wednesday morning. The auctions, which will aim to roll over contracts expiring in July, will start at 10:30 a.m. loca...
Reuters
Tue, Jun 3
USD/CHF Price Forecast: Rebounds from 6-week low, climbs past 0.8200
USD/CHF bounces off six-week lows of 0.8155 and surges past the 0.8200 figure as the Greenback is boosted by solid US jobs data, which is pushing the pair above its opening price by 0.26%.
USD/CHF
Fxstreet
Tue, Jun 3
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