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GBP/USD rebounds to 1.3500 as Fed’s Bowman backs July cut, Iran tensions flare
The Pound Sterling advances during the North American session, up 0.37% against the US Dollar, as risk appetite improved amid developments in the Middle East. At the time of writing, the GBP/USD trades at 1.3500.
Fxstreet
Jun 23, 2025
AUD/USD bounces off monthly low, holds firm above 0.6400 after mixed US PMI prints
The Australian Dollar (AUD) reverses earlier losses and edges higher against the US Dollar (USD) on Monday, as traders reassess safe-haven flows after the United States (US) launched attacks on Iran over the weekend.
Fxstreet
Jun 23, 2025
Indian Rupee weakens amid US–Iran conflict, but strong PMI and moderating Oil price offer support
The Indian Rupee (INR) kicked off the week on a softer note, weakening against the US Dollar (USD) on Monday as investors flocked to the Greenback after the United States (US) launched airstrikes targeting Iranian nuclear facilities over the weekend.Fxstreet
Jun 23, 2025
JPY is unexpectedly underperforming on the day – Scotiabank
The Japanese Yen (JPY) is weak, down a sizeable 1.2% vs. the US Dollar (USD) and hitting fresh local lows while threatening a push to levels last seen in early April, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.
Fxstreet
Jun 23, 2025
CAD strays further from fair value – Scotiabank
The Canadian Dollar (CAD) ended last week on a soft note amid rising geo-political tensions and has eased a little further over the weekend to trade back to near 1.38, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret note.Fxstreet
Jun 23, 2025
EUR/GBP Price Forecast: Refreshes two-month high near 0.8575
The EUR/GBP pair posts a fresh two-month high near 0.8575 during European trading hours on Monday. The cross trades broadly stable after the release of the preliminary United Kingdom (UK)/Eurozone Purchasing Managers’ Index (PMI data for June.
Fxstreet
Jun 23, 2025
USD/CHF is struggling to return above 0.8200 despite the overall Dollar strength
The US Dollar is trading with moderate gains against the Swiss Franc on Monday, but remains trapped within the last few days' trading range, as the 0.8200 level keeps holding bulls for now.The Greenback is appreciating against most of its main peers, but is failing to perform any significant advance
Fxstreet
Jun 23, 2025
USD/CAD holds gains near one-month highs above 0.3740 on cautious markets, soft Canadian data
The US Dollar is practically flat against its Canadian counterpart on Monday, consolidating gains after an impulsive recovery from year-to-date lows at 1.3538 last week.The Greenback appreciated more than 1% in the previous three trading days, with investors rushing for safe assets as risk aversionFxstreet
Jun 23, 2025
NZD/USD falls to near 0.5900 due to risk-off sentiment following US attack on Iran
NZD/USD continues its losing streak for the third successive session, trading around 0.5900 during the European hours on Monday. The NZD/USD pair loses ground amid dampened risk sentiment, driven by the escalating Middle East tension.
Fxstreet
Jun 23, 2025
Eurozone Preliminary Manufacturing PMI steadies at 49.4 in June vs. 49.8 expected
The Eurozone manufacturing sector remained in contraction, while the services sector prodded the expansion territory in June, according to data from the HCOB's latest Purchasing Managers' Index (PMI) Survey, published on Monday.Fxstreet
Jun 23, 2025
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