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GBP/USD: Likely to trade in a 1.3515/1.3575 range – UOB Group
Pound Sterling (GBP) is likely to trade in a 1.3515/1.3575 range. In the longer run, there is a chance for GBP to retest 1.3615 before the risk of a more sustained and sizeable pullback increases, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Fxstreet
Mon, Jun 9
ANALYSIS-Argentine leader Milei licking his chops ahead of October elections
Milei credited with stabilizing economy, taming inflationGovernment's austerity program has led to public discontentMilei's party leads in polls, opposition Peronists face internal divisionsBy Nicolás Misculin BUENOS AIRES, June 9 (Reuters) - Argentina's firebrand right-wing President...Reuters
Mon, Jun 9
FOREX-Dollar slips after rally, focus shifts to US-China trade talks
US, China set for trade talks in London on MondayLast week's better than feared US jobs report provides reliefJapan tariff negotiator to visit US late this week, report saysChina's May exports slow, deflation deepens as tariffs biteBy Johann M Cherian and Linda Pasquini June 9 (Reuters) -...Reuters
Mon, Jun 9
AUD/USD rallies to near 0.6530 as US Dollar slumps ahead of Sino-US trade talks
The AUD/USD pair is up almost 0.55% to near 0.6530 during European trading hours on Monday. The Aussie pair strengthens as antipodeans outperform ahead of trade negotiations between the United States (US) and China later in the day.
Fxstreet
Mon, Jun 9
Russian rouble flat vs US dollar after rate cut
MOSCOW, June 9 (Reuters) - The Russian rouble was flat against the U.S. dollar on Monday after weakening about 2% in the previous session, following the decision by the central bank to cut its key interest rate last week. By 0820 GMT, the rouble RUB= traded at 78.80 per U.S. dollar, according to LSE...Reuters
Mon, Jun 9
GBP/JPY corrects from 196.00 as upwardly revised Japan’s Q1 GDP supports Yen
The GBP/JPY pair retraces to near 195.65 during European trading hours on Monday from the intraday high of 196.00. The pair faces slight selling pressure as the Japanese Yen (JPY) gains after the revised Q1 Gross Domestic Product (GDP) data showed that the economy remained flat.
Fxstreet
Mon, Jun 9
Iron ore drifts down as China deflation persists
By Amy Lv and Lewis Jackson BEIJING, June 9 (Reuters) - Iron ore futures prices slipped on Monday as weak data from top consumer China weighed on investor sentiment, although hopes of progress in trade talks between the world's two largest economies limited losses.The most-traded September ir...Reuters
Mon, Jun 9
Pound Sterling gains against US Dollar as focus shifts to US-China trade talks
The Pound Sterling (GBP) rises to near 1.3570 against the US Dollar (USD) during the European trading session on Monday. The GBP/USD pair gains as the US Dollar underperforms across the board amid uncertainty ahead of trade talks between the United States (US) and China in London later in the day.Fxstreet
Mon, Jun 9
USD/CAD drifts lower from 1.3700 with all eyes on the US-China talks
The US Dollar is trading lower across the board on Monday, as the dust from the strong US Nonfarm Payrolls report settles, and investors shift their focus to the trade negotiations between the US and China, which are taking place in London later on Monday.Negotiators from the world’s two major econo
Fxstreet
Mon, Jun 9
NZD/USD surges to near 0.6050 due to easing US-China trade dispute
NZD/USD recovered its recent losses registered in the previous session, trading around 0.6040 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) declines, potentially due to a technical correction.Fxstreet
Mon, Jun 9
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