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Australian Dollar rises on US economic concerns amid Trump’s new tariff threats
The Australian Dollar (AUD) appreciated against the US Dollar (USD) by over 0.50% on Monday. The AUD/USD pair rises as the Greenback may face challenges amid growing concerns regarding slow growth and renewed inflation in the United States (US).
AUD/USD
Fxstreet
Mon, Jun 2
India Morning Newsletter, June 2
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
Mon, Jun 2
Japanese Yen bulls retain control amid hawkish BoJ expectations, safe-haven buying
The Japanese Yen (JPY) remains on the front foot against its American counterpart for the third consecutive day on Monday and seems poised to strengthen further amid a combination of supporting factors.
USD/JPY
Fxstreet
Mon, Jun 2
USD/INR gains momentum on RBI rate cut bets
The Indian Rupee (INR) extends the decline on Monday. A rise in crude oil prices drags the Indian currency lower. It’s worth noting that India is the world's third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value.
Fxstreet
Mon, Jun 2
EUR/USD rises toward 1.1400 as Trump threated to double import tariffs on steel, aluminum
EUR/USD retraces its recent losses registered in the previous session, trading around 1.1370 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles as the US Court of Appeals, on Thursday, ruling allowing US President Donald Trump's tariffs to take effect.
EUR/USD
Fxstreet
Mon, Jun 2
FOREX-US dollar declines as traders assess tariff outlook
Dollar sentiment fragile after Trump threatens 50% steel dutiesCurrency got some respite with court blocking Trump levies Senate to start consideration of Trump's "big, beautiful bill"By Kevin Buckland TOKYO, June 2 (Reuters) - The U.S. dollar edged lower on Monday, giving back some o...
Reuters
Mon, Jun 2
GBP/USD moves back closer to 1.3500 mark amid broadly weaker USD
The GBP/USD pair regains positive traction at the start of a new week amid renewed US Dollar (USD) selling, though it remains below the 1.3500 psychological mark during the Asian session.
GBP/USD
Fxstreet
Mon, Jun 2
AUD/USD extends the rally to near 0.6450 amid weaker US Dollar, tariff uncertainty
The AUD/USD pair extends its upside to around 0.6445 during the early Asian session on Monday. Tariff uncertainty continues to undermine the US Dollar (USD) against the Australian Dollar (AUD).
AUD/USD
Fxstreet
Sun, Jun 1
Canadian Dollar lurches higher on upbeat quarterly GDP growth
The Canadian Dollar (CAD) found some room on the top side on Friday, spurred higher by a better-than-expected print in Canadian Gross Domestic Product (GDP) growth figures for the first quarter.
USD/CAD
Fxstreet
Fri, May 30
AUD/USD trades sideways as fundamental and technical factors weigh on price action
The Australian Dollar (AUD) is consolidating against the US Dollar on Friday as fresh domestic data and monetary policy expectations for the Reserve Bank of Australia (RBA) and the US Federal Reserve (Fed) continue to drive price action.
AUD/USD
Fxstreet
Fri, May 30
EUR/USD holds steady as US PCE softens, trade tensions offset USD weakness
The Euro (EUR) remains steady against the US Dollar (USD) on Friday after a softer-than-expected US Personal Consumption Expenditures (PCE) Price Index, which was close to the Federal Reserve’s (Fed) 2% goal, lifted the pair from daily lows of 1.1312.
EUR/USD
Fxstreet
Fri, May 30
FOREX-Dollar mixed on tariff uncertainty, headed for monthly gain against yen
US inflation eased in AprilInvestors expect tariffs to remain in some formDollar poised for monthly gain against Japanese yen By Karen Brettell NEW YORK, May 30 (Reuters) - The dollar was mixed on Friday but on track for the first monthly gain against the Japanese yen this year as investors facto...
Reuters
Fri, May 30
EUR/JPY falls as Bank of Japan faces pressure to raise rates
The Euro (EUR) is coming under renewed pressure against the Japanese Yen (JPY) as investors weigh persistent inflation in Japan against soft consumer and inflation data from the Eurozone.
EUR/JPY
Fxstreet
Fri, May 30
CANADA FX DEBT-Canadian dollar heads for fourth straight monthly gain as GDP beats estimates
Canadian dollar rises 0.4% against the greenbackHeads for longest monthly winning streak in four yearsFirst-quarter GDP rises 2.2%10-year yield steadies at 3.205%By Fergal Smith TORONTO, May 30 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Friday, and was headed for...
Reuters
Fri, May 30
EUR/GBP edges higher as German Retail Sales and Inflation data provide a mixed picture for the ECB
The Euro (EUR) is firming against the British Pound (GBP) on Friday, with EUR/GBP holding above the 100-day Simple Moving Average (SMA) near 0.8415.
EUR/GBP
Fxstreet
Fri, May 30
FOREX-Dollar mixed on tariff uncertainty, headed for monthly gain on yen
US inflation eased in AprilInvestors expect tariffs to remain in some formDollar poised for monthly gain against Japanese yen By Karen Brettell NEW YORK, May 30 (Reuters) - The dollar was mixed on Friday but on track for a monthly gain against the Japanese yen as investors factored in the likelih...
Reuters
Fri, May 30
Deals of the day-Mergers and acquisitions
May 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Shale producer EOG Resources said it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica assets.nL3N...
Reuters
Fri, May 30
USD/CHF Price Forecast: Gains ground near 0.8200
The USD/CHF pair attracts bids after revisiting near the five-week low around 0.8185 during North American trading hours on Friday.
USD/CHF
Fxstreet
Fri, May 30
Mexican Peso gains as US PCE softens, consumer sentiment in focus
The Mexican Peso (MXN) is strengthening against the US Dollar (USD) in the early hours of the American session on Friday after the release of soft inflation data in the United States, with the pair remaining vulnerable to broader geopolitical risks.
USD/MXN
Fxstreet
Fri, May 30
Canada first-quarter GDP expands by 2.2% annualized rate, beating estimates
Q1 GDP growth led by exports, business investmentsFinal domestic demand, household spending slowed Gross domestic product in March grows by 0.1%Markets bet 82% chance of pause in rates next week By Promit MukherjeeOTTAWA, May 30 (Reuters) - Canada's economy grew faster than expected in the first...
Reuters
Fri, May 30
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