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USD/JPY steadies ahead of BoJ Ueda's remarks
USD/JPY is attempting a mild recovery after last week's sell-off in the United States (US) bond market dragged the pair below the key psychological level of 144.00.
Silver consolidates near $33.50 after breakout, eyes $34.50 next
The Silver (XAG/USD) pair starts the week on a steady footing, hovering near $33.40 during the American trading hours on Monday, after gaining nearly 4% in the previous week on the back of a bullish technical breakout and renewed safe-haven demand.
AUD/USD Price Forecast: Strives to hold 0.6500 for fresh rally
The AUD/USD pair surrenders significant intraday gains after posting a fresh six-month high near 0.6540 on Monday. The Aussie pair gives back a majority of gains as the US Dollar (USD) recoups its early losses.
NZD/USD Price Forecast: Poise for fresh rally towards 0.6100
The NZD/USD pair posts a fresh six-and-a-half-month high near 0.6030 against the US Dollar (USD) at the start of the week.
EUR/CAD steadies as EU tariff delays and robust Canadian data drive mixed momentum
The Euro (EUR) is firming against the Canadian Dollar (CAD) on Monday, bolstered by easing trade tensions after the United States announced a delay in implementing new tariffs on European imports.
USD/CAD holds steady above 1.3700 as trade tension eases amid holiday-thinned trading
The Canadian Dollar (CAD) gives back some of the initial gains against the US Dollar (USD) at the early American session on Monday, with the USD/CAD pair trading around 1.3720 at the time of writing after hiting a daily low of 1.3686 earlier in the day as follow-through selling faded on the signs of
Mexican Peso trades at a new YTD high against the US Dollar on US Memorial Day
The Mexican Peso (MXN) is experiencing a steady appreciation against the US Dollar (USD) on Monday, reflecting lingering uncertainty in the United States (US) economic outlook amid concerns about US President Donald Trump's tariff threats and the country's fiscal outlook.
EUR/JPY jumps to near 163.00 as EU-US trade tensions de-escalate
The EUR/JPY pair is up 0.45% to 162.60 in European trading hours on Monday, touches a high of 163.00 during the day.
GBP nears 1.36, highest since early 2022 - Scotiabank
Pound Sterling (GBP) is modestly firmer on the session, Scotiabank's Chief FX Strategist Shaun Osborne notes.
EUR probes 1.14 area on tariff relief - Scotiabank
The EU's tariff reprieve followed what the president called a 'very nice call' with Commission President von der Leyen over the weekend, Scotiabank's Chief FX Strategist Shaun Osborne notes.
CAD holds ground in low 1.37s - Scotiabank
The Canadian Dollar (CAD) had a decent run lower last week, with the US Dollar's (USD's) 1.6% drop through Friday leaving the CAD as one of the better-performing major currencies on the week.
USD eases amid latest tariff reprieve - Scotiabank
President Trump rescinded his threat of 50% tariffs on EU imports over the weekend, delaying the decision until July 9th, the original end date of his last delay on reciprocal tariffs announced early in April, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Gold Price Forecast: XAU/USD pulls back to $3,325 with the bullish trend still intact
Gold (XAU/USD) is trading lower on Monday, weighed by softer demand for safe havens.
US Dollar partially recovers after brief dip on EU tariffs delay
The US Dollar Index (DXY), which tracks the performance of the Greenback's value against six major currencies, ticks slightly lower this Monday after facing some small losses during early trading hours. The index trades around 99.00 at the time of writing.
GBP: Further glimmers of hope - Commerzbank
In recent weeks, the Pound Sterling (GBP) has recovered significantly against the euro, with the exchange rate now standing at around 0.84 instead of 0.87.
EU spokesperson: EU's 'zero-for-zero' proposal still on table in talks with US
A spokesperson for the European Commission said on Monday that the European Union's (EU) 'zero-for-zero' proposal is still on the table in tariff negotiations with the United States (US), per Reuters.
USD/CNH: Downward momentum has not increased significantly - UOB Group
There is a chance for US Dollar (USD) to test 7.1650 vs Chinese Yuan (CNH); the major support at 7.1500 is unlikely to come into view.
The US-UK trade deal doesn't look so bad after all - Commerzbank
As if to keep us on our toes on an otherwise uneventful Friday, Donald Trump followed up his threat of tariffs on smartphones by announcing that 50% tariffs would be imposed on EU goods from 1 June, due to stalled negotiations with the European Union.
EUR/USD rises as Trump takes U-turn on EU tariffs
EUR/USD jumps above 1.1400 during European trading hours on Monday, the highest level seen this month. The major currency pair gains as the US Dollar (USD) falters on erratic statements coming from Washington regarding tariff policies.
USD/JPY: Any decline is likely part of a lower range of 142.10/143.45 - UOB Group
Scope for US Dollar (USD) to weaken further vs Japanese Yen (JPY); any decline is likely part of a lower range of 142.10/143.45. In the longer run, risk is still on the downside, but it remains to be seen if USD can maintain its pace of decline.
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