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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
AUD/JPY Price Forecast: Remains subdued, trapped within 92.50-93.00
The AUD/JPY is poised to close on Monday with gains of over 0.09% amid a subdued trading session, despite an improvement in risk appetite during the day. At the time of writing, the cross-pair trades at 92.74 after bouncing off a daily low of 92.37.
AUD/JPY
Fxstreet
Mon, Jun 2
21Shares Announces 3-for-1 Share Split for ARK 21Shares Bitcoin ETF
June 2 (Reuters) - 21SHARES US: ANNOUNCES 3-FOR-1 SHARE SPLIT FOR ARK 21SHARES BITCOIN ETF
Reuters
Mon, Jun 2
GBP/USD steadies near 1.3540 as the US Dollar struggles under global pressure
The British Pound (GBP) bounces back at the start of the week, advancing against the US Dollar (USD) on Monday and trimming last week’s losses. The GBP/USD pair is rebounding modestly as investors pare back US Dollar holdings amid lingering uncertainty over the global economic outlook.
GBP/USD
Fxstreet
Mon, Jun 2
FOREX-US dollar dips as tariff worries resurface
Dollar sentiment fragile after Trump threatens 50% steel dutiesBeijing hits back over White House accusations it violated dealSenate to start consideration of Trump's tax and spending billFocus on business activity surveys in Asia, Europe and USPoland's zloty slips vs euro after electionsBy ...
Reuters
Mon, Jun 2
Forex Today: Focus remains on US jobs data and EMU flash CPI
The US Dollar (USD) faced increasing selling pressure in quite a negative start to the new trading week, slipping back to multi-week troughs amid the resurgence of trade concerns and jitters over the health of the US economy.
EUR/USD
Fxstreet
Mon, Jun 2
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.2% higher at C$1.3711 to the greenback, or 72.93 U.S. cents, after trading in a range of 1.3675 to 1.3743.Canadian government 10-year bond yields CA10YT...
Reuters
Mon, Jun 2
EUR/USD reaches six-week high near 1.1450 as US Dollar slides on trade jitters
EUR/USD edges up during the North American session to hit a six-week high of 1.1449, poised to stay above 1.1400 as the US Dollar drops to levels last seen in April as the “Sell America” trade continues.
EUR/USD
Fxstreet
Mon, Jun 2
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