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Eurozone Retail Sales (YoY) below forecasts (0.1%) in April: Actual (0%)

Eurozone Retail Sales (YoY) below forecasts (0.1%) in April: Actual (0%)

Fxstreet

Jun 6, 2024

Eurozone Retail Sales (MoM) registered at -0.5%, below expectations (-0.3%) in April

Eurozone Retail Sales (MoM) registered at -0.5%, below expectations (-0.3%) in April

Fxstreet

Jun 6, 2024

AUD/JPY rises to near 104.00 as Australia’s Trade Surplus widens

AUD/JPY continues to gain for the second successive day, trading around 103.90 during the European session on Thursday.

Fxstreet

Jun 6, 2024

EUR/USD remains firm ahead of ECB’s policy meeting and US NFP report

EUR/USD rises in Thursday’s European session but remains broadly sideways below the round-level resistance of 1.0900.

Fxstreet

Jun 6, 2024

NZD/USD returns below 0.6200 after pulling back from two-month highs

NZD/USD pulls back from two-month highs, trading around 0.6190 during the European session on Thursday.

Fxstreet

Jun 6, 2024

Forex Today: ECB policy announcements, US data to dominate the action

Here is what you need to know on Thursday, June 6: Following Wednesday's choppy action in foreign exchange markets, investors gear up for key events that could ramp up the volatility.

Fxstreet

Jun 6, 2024

USD/CHF holds below 0.8950 amid renewed Fed rate cut hopes, softer US Dollar

The USD/CHF pair edges lower to 0.8920 during the early European session on Thursday.

Fxstreet

Jun 6, 2024

USD/CAD edges lower to near 1.3650 due to improved risk appetite, higher Oil prices

USD/CAD retreats after two days of gains, trading around 1.3680 during the Asian session on Thursday.

Fxstreet

Jun 6, 2024

Japanese Yen gains ground due to rising speculation of rate cuts by the Fed

The Japanese Yen (JPY) appreciates due to improved risk sentiment and rising speculation of an interest rate cut by the US Federal Reserve (Fed) in September.

Fxstreet

Jun 6, 2024

USD/INR remains under pressure on weaker US Dollar, likely RBI intervention

Indian Rupee (INR) recovers on Thursday amid the weaker US Dollar (USD).

Fxstreet

Jun 6, 2024

PBOC sets USD/CNY reference rate at 7.1108 vs. 7.1097 previous

The People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1108, as against the previous day's fix of 7.1097 and 7.2436 Reuters estimates.

Fxstreet

Jun 6, 2024

Australian Dollar extends gains after higher Trade Balance

The Australian Dollar (AUD) retraced its recent losses on Thursday. The AUD/USD pair strengthened after the Trade Balance release in Australia, which widened to 6,548 million month-over-month in May, exceeding the expected 5,500 million and April's balance of 5,024 million.

Fxstreet

Jun 6, 2024

NZD/USD gains traction to three-month highs above 0.6200 on Fed rate cut bets

The NZD/USD pair extends the rally to three-month highs around 0.6205 on Thursday during the early Asian trading hours.

Fxstreet

Jun 6, 2024

EUR/USD holds positive ground above 1.0850 ahead of ECB rate decision

The EUR/USD pair gains ground around 1.0875 despite the recovery of the US Dollar (USD) during the early Asian session on Thursday.

Fxstreet

Jun 6, 2024

GBP/USD resumes upside near 1.2800 on mixed US data, Fed rate cut expectation

The GBP/USD pair resumes upside near 1.2790 despite the rebound of US Dollar (USD).

Fxstreet

Jun 5, 2024

AUD/USD stays firm amid mixed US Data, ahead of Aussie’s Trade Balance

The Australian Dollar finished Wednesday’s session unchanged after mixed economic data from the United States fueled interest rate cut speculations by the Federal Reserve.

Fxstreet

Jun 5, 2024

NZD/JPY Price Analysis: Kiwi tebounds from 20-day SMA, yet consolidation looms

On Wednesday, the NZD/JPY pair saw a formidable rebound from the 20-day Simple Moving Average (SMA) at 95.50, launching upward towards 96.75.

Fxstreet

Jun 5, 2024

EUR/JPY Price Analysis: Momentum shifts, bulls recover 20-day SMA

In Wednesday's session, the EUR/JPY pair witnessed a shift in momentum as buyers stepped in to recover the 20-day Simple Moving Average (SMA) at 169.40, supported by a recovery in the Yen against its peers.

Fxstreet

Jun 5, 2024

AUD/JPY Price Analysis: Upwards momentum wanes, consolidation to continue

In Wednesday's trading session, the AUD/JPY pair bounced to 103.80, reflective of a resurgence in upward momentum.

Fxstreet

Jun 5, 2024

USD/JPY Price Analysis: Erases previous-day losses and climbs above 156.00

The USD/JPY recovered some ground and advanced towards the top of the Ichimoku Cloud (Kumo) on Wednesday, gaining some 0.79% and trading at 156.11 at the time of writing.

Fxstreet

Jun 5, 2024

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