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USD/CHF Price Forecast: Remains capped below 100-day EMA, bearish bias prevails below 0.8200
The USD/CHF pair trades with mild gains near 0.8180 during the early European session on Tuesday, bolstered by a modest rebound of the US Dollar (USD).
USD/CHF
Fxstreet
Tue, Jun 3
EUR/JPY hovers near 163.50 as traders adopt caution ahead of Eurozone HICP inflation data
EUR/JPY remains steady after registering gains in the previous day, trading around 163.30 during the Asian hours on Tuesday. Eurozone Harmonized Index of Consumer Prices (HICP) data, scheduled to be released later in the day, will be eyed.
EUR/JPY
Fxstreet
Tue, Jun 3
Singapore hedge fund Arrowpoint capitalised on May market turmoil
By Summer Zhen HONG KONG, June 3 (Reuters) - Singapore's multi-strategy hedge fund Arrowpoint Investment Partners has made gains by exploiting market dislocations triggered by global trade tariff shocks and sees more arbitrage opportunities ahead, its chief investment officer said.Since mid-A...
Reuters
Tue, Jun 3
GBP/USD trades with negative bias above 1.3500 ahead of BoE Monetary Policy Report Hearings
The GBP/USD pair attracts some sellers during the Asian session on Tuesday and erodes a part of the overnight strong move up to the 1.3560 area, or a multi-day peak.
GBP/USD
Fxstreet
Tue, Jun 3
Australia, NZ dollars back away from resistance, data a drag
By Wayne Cole SYDNEY, June 3 (Reuters) - The Australian and New Zealand dollars backed away from resistance on Tuesday as soft economic data encouraged profit-taking on an overnight surge, while nudging short-term yields lower.The see-saw action left the Aussie down 0.4% at $0.6468 AUD=D3, unwind...
Reuters
Tue, Jun 3
China's yuan slips as caution prevails ahead of Trump-Xi talks
SHANGHAI, June 3 (Reuters) - China's yuan weakened against the dollar on Tuesday, the first trading session after the holiday, as investors cautiously awaited fresh developments in the Sino-U.S. relations following some signs of a re-escalation of tensions.U.S. President Donald Trump and Chinese...
Reuters
Tue, Jun 3
FOREX-Dollar holds near six-week low as trade war wears on US economy
Dollar index hits lowest since late April, euro touches six-week highU.S. manufacturing contracts for third month, impacting dollar performanceFiscal worries prompt 'sell America' theme, Senate debates tax billBy Rocky Swift TOKYO, June 3 (Reuters) - The dollar touched a six-week low on T...
Reuters
Tue, Jun 3
EUR/USD holds losses near 1.1400 ahead of Eurozone HICP inflation data
EUR/USD edges lower after registering over 0.50% gains in the previous session, trading around 1.1420 during the Asian hours on Tuesday. The US Dollar (USD) recovers its ground on technical correction, despite growing concerns regarding stagflation in the United States (US).
EUR/USD
Fxstreet
Tue, Jun 3
NZD/USD falls toward 0.6000 after retreating from eight-month highs
NZD/USD pulls back from an eight-month high of 0.6055, trading around 0.6010 during the Asian hours on Tuesday.
NZD/USD
Fxstreet
Tue, Jun 3
USD/INR recovers amid modest US Dollar bids
The Indian Rupee (INR) weakens on Tuesday. The renewed US Dollar (USD) demand and a rise in crude oil prices put pressure on the local currency.
Fxstreet
Tue, Jun 3
India Morning Newsletter, June 3
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
Tue, Jun 3
Japanese Yen pulls back from one-week high against USD; bullish bias remains
The Japanese Yen (JPY) retreated sharply from a one-week low touched against its American counterpart during the Asian session on Tuesday.
USD/JPY
Fxstreet
Tue, Jun 3
Australian Dollar remains subdued following RBA Meeting Minutes, China's Manufacturing PMI
The Australian Dollar (AUD) depreciated against the US Dollar (USD) on Tuesday after registering around 1% gains in the previous session. The AUD/USD pair remains subdued following the release of the Reserve Bank of Australia’s (RBA) Meeting Minutes.
AUD/USD
Fxstreet
Tue, Jun 3
PBOC sets USD/CNY reference rate at 7.1869 vs. 7.1848 previous
On Tuesday, the People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead at 7.1869 as compared to last Friday's fix of 7.1848 and 7.1872 Reuters estimate.
USD/CNH
Fxstreet
Tue, Jun 3
FOREX-Dollar holds near six-week low as trade war wears on US economy
TOKYO, June 3 (Reuters) - The dollar fell to a six-week low on Tuesday on signs of fragility in the U.S. economy because of damage from the trade war President Donald Trump's administration is waging.
Reuters
Tue, Jun 3
GBP/USD rebounds as trade woes weigh on Greenback
GBP/USD jumped on Monday, kicking off the June trading window by climbing back above 1.3550 after a broad-market weakening in Greenback flows.
GBP/USD
Fxstreet
Mon, Jun 2
USD/CAD remains on the defensive near 1.3700 as tariff fears resurface
The USD/CAD pair remains on the defensive near 1.3715 during the early Asian session on Tuesday. The US Dollar Index (DXY) softens to fresh seven-week lows amid jitters over the health of the US economy. The JOLTs Job Openings will be published later on Tuesday.
USD/CAD
Fxstreet
Mon, Jun 2
NZD/JPY Price Forecast: Holds steady above 86.00 with intact bullish structure
The NZD/JPY begins Tuesday’s Asian session flat after registering minimal gains of over 0.24% on Monday amid a risk-on mood. At the time of writing, the cross-pair trades at 86.13, unchanged.
NZD/JPY
Fxstreet
Mon, Jun 2
AUD/USD firms near critical resistance ahead of RBA Meeting Minutes
The Australian Dollar (AUD) is trading positively in the early hours of Tuesday's Asian session, while the US Dollar (USD) remains under pressure.
AUD/USD
Fxstreet
Mon, Jun 2
Canadian Dollar tests fresh multi-month highs to kickstart June markets
The Canadian Dollar (CAD) caught a fresh bid against the US Dollar (USD), with June’s market window kicking things off with a fresh six-month peak in intraday Loonie bids against the Greenback.
USD/CAD
Fxstreet
Mon, Jun 2
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