US Dollar

The USD is higher to start the US session vs the EUR, JPY and GBP. The EURUSD has seen down and up price action, erasing most of the declines to start the US session. The GBPUSD is down by about -0.44% after the UK economy showed weaker-than-expected data for May....

Unfortunately for the greenback, the data wasn’t enough as wage growth came out on the softer side which limited further repricing and more sustained gains. The focus now turns to the US CPI report due on Tuesday. The CPI is unlikely to force the Fed to cut at the July...

A Chinese central bank adviser and other experts are recommending that China implement a massive $209 billion stimulus package over the next year to combat economic challenges from US tariffs. They argue China’s economy is under strain from deflation, a weak property sector, and reduced exports due to 20-30% US...

Its weakened consistently. There has been no news nor data for yen today apart from what has already been posted

Equities also, ES and NQ both dropped on Globex. AUD/USD is back where iit started. EUR, GBP, NZD and CHF still have ground to recover. The yen is not even close, its barely retrced at all from highs around 146.80

The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB)

People’s Bank of China USD/CNY reference rate is due around 0115 GMT. The People’s Bank of China (PBOC), China’s central bank, is responsible for setting the daily midpoint of the yuan (also known as renminbi or RMB). The PBOC follows a managed floating exchange rate system that allows the value...

Bank of America uses a time zone framework to examine the USD’s outlook for H2 2025, arguing that while the dollar has seen its worst start to a year since 1973, its downside from here could be more limited, especially during US trading hours. Key Points: US Trading Hours vs....

The USDJPY moved lower during the early Asian session, with some pressure coming from broad dollar selling after a Wall Street Journal article highlighted growing division within the Federal Reserve. However, that dip was quickly met with buying interest, as the pair found support at the rising 100-hour moving average...