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USD/CAD remains capped below 1.3660 lows as higher crude prices support the Loonie
The US Dollar rallied on early trade on Friday, boosted by the risk-averse reaction to Israel’s attack on Iran, but was capped at 1.3660 before returning to levels close to 1.3600 as the escalating Oil prices have pushed the Canadian Dollar higher.Crude prices have surged on concerns that escalating
AUD/USD bounces up but remains below 0.6500 on risk-off markets
The Australian Dollar is trimming some losses following a sharp decline earlier today as news that Israel bombed Iranian nuclear and military sites triggered a rush for safety, sending risk-sensitive assets, like the AUD, tumbling.The AUD/USD depreciated nearly 1% during Friday’s early trading to hi
Fxstreet
Jun 13, 2025
NZD/USD plunges to near 0.6000 as Middle East tensions hit risk-perceived assets
The NZD/USD pair is down almost 0.1% to near the psychological support of 0.6000 on Friday. The kiwi pair faces a sharp sell-off as antipodean currencies underperform amid escalating tensions between Israel and Iran.
Fxstreet
Jun 13, 2025
EUR/GBP extends upside above 0.8500 as weaker UK data boosts BoE rate cut bets
The EUR/GBP cross trades in positive territory for the fifth consecutive day near 0.8525 during the early European session on Friday. A slew of weaker-than-expected UK economic data continues to undermine the Pound Sterling (GBP) against the Euro (EUR).
Fxstreet
Jun 13, 2025
EUR/USD retreats on risk aversion after Israel’s attack on Iran
The EUR/USD pair snaps a four-day rally on Friday, retreating from nearly four-year highs above 1.1600 to the lower range of the 1.1500s. Israel’s attack on Iran triggered a risk-averse market reaction, with investors rushing to safe assets like the US Dollar (USD).Fxstreet
Jun 13, 2025
Pound Sterling slumps as Middle East tensions diminish appeal for risky assets
The Pound Sterling (GBP) underperforms against its major peers on Friday, except for antipodean currencies, as market sentiment turns risk-averse amid escalating geopolitical tensions in the Middle East.
Fxstreet
Jun 13, 2025
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