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RUB: Consensus has shifted towards rate cut – Commerzbank
The Central Bank of Russia's (CBR) had been expected to hold its key rate steady at today’s meeting. This had been a majority view among analysts, including ourselves, until recently, but as of late, the consensus majority has shifted in favour of a 100bp rate cut today.
Fxstreet
Jun 6, 2025
AUD/USD: To test 0.6540 before pulling back – UOB Group
Australian Dollar (AUD) could first test 0.6540 against US Dollar (USD) before the risk of a pullback increases. In the longer run, bias remains on the upside, but it remains to be seen if AUD can break clearly above 0.6555, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUD/USD
Fxstreet
Jun 6, 2025
GBP/USD: Likely to retest the 1.3615 level – UOB Group
Firmer underlying tone suggests Pound Sterling (GBP) could retest the 1.3615 level against US Dollar (USD); the next resistance at 1.3655 is unlikely to come under threat.
GBP/USD
Fxstreet
Jun 6, 2025
EUR: Lagarde provides support – ING
We were caught off guard by the main message from ECB President Christine Lagarde yesterday that the easing cycle was nearing its conclusion, ING's FX analyst Chris Turner notes.
EUR/USD
Fxstreet
Jun 6, 2025
NZD/USD Price Forecast: Rejection at 0.6080 brings 0.6000 back into play
New Zealand Dollar’s upside attempts were capped at 0.6180 on Thursday, and the pair is extending the reversal on Friday, against a somewhat firmer US Dollar, which brings the 0.6000 support area back into focus.The Greenback is trimming some losses with investors unwinding their USD shorts, after a
NZD/USD
Fxstreet
Jun 6, 2025
EUR/USD: Chance to potentially retest 1.1495 – UOB Group
Euro (EUR) could potentially retest 1.1495 against US Dollar (USD) or even break above this level; slowing momentum suggests 1.1530 is likely out of reach.
EUR/USD
Fxstreet
Jun 6, 2025
Eurozone Retail Sales (MoM) meets forecasts (0.1%) in April
Eurozone Retail Sales (MoM) meets forecasts (0.1%) in April
EUR/USD
Fxstreet
Jun 6, 2025
Eurozone Retail Sales (YoY) above forecasts (1.4%) in April: Actual (2.3%)
Eurozone Retail Sales (YoY) above forecasts (1.4%) in April: Actual (2.3%)
EUR/USD
Fxstreet
Jun 6, 2025
Eurozone Employment Change (YoY) below forecasts (0.8%) in 1Q: Actual (0.7%)
Eurozone Employment Change (YoY) below forecasts (0.8%) in 1Q: Actual (0.7%)
EUR/USD
Fxstreet
Jun 6, 2025
Eurozone Employment Change (QoQ) came in at 0.2%, below expectations (0.3%) in 1Q
Eurozone Employment Change (QoQ) came in at 0.2%, below expectations (0.3%) in 1Q
EUR/USD
Fxstreet
Jun 6, 2025
Pound Sterling retraces against US Dollar ahead of US NFP data
The Pound Sterling (GBP) corrects slightly to near 1.3550 against the US Dollar during the European trading session on Friday, falling from a fresh three-year high of 1.3620 posted the previous day.
GBP/USD
Fxstreet
Jun 6, 2025
EUR/USD retreats to 1.1430 as the impulse from a hawkish ECB ebbs
EUR/USD is trading moderately lower on Friday, moving near the 1.1430 level at the time of writing, after having reached levels near 1.1500 the previous day.
EUR/USD
Fxstreet
Jun 6, 2025
AUD/JPY Price Forecast: Tests nine-day EMA near psychological 93.00 support
AUD/JPY extends its gains for the second successive session, trading around 93.60 during early European hours on Friday. A technical analysis of the daily chart shows that the currency cross remains within an ascending channel pattern, confirming a sustained bullish bias.
AUD/JPY
Fxstreet
Jun 6, 2025
USD/CAD Price Forecast: Seems vulnerable below 1.3700; US/Canadian jobs data awaited
The USD/CAD pair extends its sideways consolidative price move for the second straight day on Friday and trades around the 1.3665 region during the early European session. Spot prices remain close to the year-to-date low touched on Thursday and seem vulnerable to sliding further.
USD/CAD
Fxstreet
Jun 6, 2025
EUR/GBP holds gains near 0.8450, upside appears as ECB signals an end to easing cycle
EUR/GBP extends its gains for the third consecutive day, trading around 0.8430 during the Asian hours on Friday. The currency cross remained stable after the European Central Bank (ECB) delivered a widely expected 25 basis point rate cut on Thursday, and reduced interest rates to 2.0% from 2.25%.
EUR/GBP
Fxstreet
Jun 6, 2025
EUR/JPY Price Forecast: Climbs above mid-164.00s, bulls retain control near multi-week top
The EUR/JPY cross attracts some follow-through buying for the second straight day on Friday and trades near the mid-164.00s heading into the European session. Spot prices remain close to over a three-week high touched on Thursday and remain well supported by a broadly weaker Japanese Yen (JPY).
EUR/JPY
Fxstreet
Jun 6, 2025
EUR/USD wobbles around 1.1440 ahead of US NFP data
The EUR/USD pair trades in a limited range around 1.1440 during Asian trading hours on Friday. The major currency pair consolidates as investors await the United States (US) Nonfarm Payrolls (NFP) data for May, which will be published at 12:30 GMT.
EUR/USD
US Dollar Index
Fxstreet
Jun 6, 2025
USD/CHF Price Forecast: Hovers above 0.8200 near nine-day EMA barrier
The USD/CHF pair extends its gains for the second successive session, trading around 0.8200 during the Asian hours on Friday. However, the bearish bias is prevailing as the pair moves downwards within the descending channel pattern.
USD/CHF
Fxstreet
Jun 6, 2025
USD/INR gains as RBI surprisingly cuts repo rate by 50 bps to 5.5%
The Indian Rupee (INR) weakens against the US Dollar (USD) and falls to near 86.00 during Asian trading hours on Friday. The USD/INR pair strengthens as the Reserve Bank of India (RBI) has unexpectedly cut its Repo rate by 50 basis points (bps) to 5.5%.
US Dollar Index
Fxstreet
Jun 6, 2025
GBP/USD hovers above 1.3550 ahead of US Nonfarm Payrolls
GBP/USD maintains its position near 1.3616, the highest since February 2022, which was recorded on June 5. At the time of writing, the pair is trading around 1.3570, with little moves ahead of labor market data from the United States (US).
GBP/USD
Fxstreet
Jun 6, 2025
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