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Fxstreet
Fed’s Bostic: The best approach for monetary policy is patience
Atlanta Federal Reserve President Raphael Bostic indicated that a robust economy provides the US central bank with the opportunity to consider the effects of tariffs on inflation and growth, while also expressing openness to the potential for a single interest rate cut later this year.
Fed
Currencies
DollarIndex
InterestRate
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Forex Live
US April factory orders -3.7% vs -3.1% expected
Factory orders and revisions to durable goods orders for April 2025
USD
News Discussion Forum
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Forex Live
JOLTS April job openings 7.391M vs 7.100M expected
JOLTS job openings for April 2025
USD
News Discussion Forum
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Fxstreet
USD/JPY steadies ahead of US JOLTS data and potential clues on the health of the US labour market
The Japanese Yen (JPY) is edging lower against the US Dollar (USD) on Tuesday as market participants await the release of the US Job Openings and Labor Turnover Survey, scheduled for 14:00 GMT.
USDJPY
Majors
Macroeconomics
Japan
BOJ
News Discussion Forum
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Fxstreet
Indian Rupee slips as US Dollar stabilizes, RBI rate cut bets in focus
The Indian Rupee (INR) weakens against the US Dollar (USD) on Tuesday, giving back Monday’s gains as the Greenback stabilizes ahead of key US labor market data.
USDINR
India
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Forex Live
US stock markets open flat, shaking off the early angst
Futures had been red
SPX
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Forex Live
China trade negotiator He Lifeng won't be easy to deal with
The WSJ profiles the negotiator and contrasts him with the prior negotiator
China
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Forex Live
Stil no signs of weakness from the US consumer
Some recent comments from bank and credit card executives
USD
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Forex Live
Factory orders and JOLTS highlight the US economic calendar
What's coming up
economic calendar
News Discussion Forum
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Fxstreet
Gold prices retreat after US JOLTS data hints at a resilient US labour market
Gold prices are experiencing a sharper correction against the US Dollar (USD) on Tuesday, JOLTS (Job Openings and Labor Turnover Survey) beat analyst forecasts, showing a 7.391 million increase in the number of job openings in April.
Gold
XAUUSD
Commodities
SEO
News Discussion Forum
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Fxstreet
USD/CHF returns above 0.8200 with the Dollar appreciating as risk aversion eases
The US Dollar is posting moderate gains on Tuesday’s European session, reaching intra-day highs past the 0.8200 psychological level, after bouncing up from at 0.8155, six-week lows.
USDCHF
Currencies
Inflation
News Discussion Forum
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Fxstreet
AUD/USD drifts lower amid cautious RBA, global trade uncertainty
The Australian Dollar (AUD) slips against the US Dollar (USD) on Tuesday, retreating from recent highs to 0.6460 as traders react to the Reserve Bank of Australia’s (RBA) cautious tone and softer-than-expected current account figures.
AUDUSD
RBA
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Fxstreet
JPY is a relative performer on the day – Scotiabank
Japanese Yen (JPY) is soft, down marginally against the US Dollar (USD) but outperforming most of the G10 currencies, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDJPY
Japan
Banks
BOJ
Technical Analysis
News Discussion Forum
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Fxstreet
GBP soft vs. USD but performing relatively well vs. G10 – Scotiabank
Pound Sterling (GBP) is soft, down a marginal 0.2% against the US Dollar (USD) and a relative performer among the G10 in an environment of mild, albeit broad-based USD strength, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
GBPUSD
Technical Analysis
News Discussion Forum
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Fxstreet
EUR hits fresh one month high ahead of ECB Thursday – Scotiabank
Euro (EUR) is soft, down 0.3% against the US Dollar (USD) and a mid-performer among the G10 currencies, pulling back modestly from its overnight push to a fresh one month high, Scotiabank's Chief FX Strategist Shaun Osborne notes.
Banks
EURUSD
Technical Analysis
News Discussion Forum
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Forex Live
Forexlive European FX news wrap: Swiss CPI goes negative, Eurozone CPI misses
Forex news from the European morning session on Jun 3, 2025
Session wrap
Wrap Europe
News Discussion Forum
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Fxstreet
CAD edges lower after another rebound from the upper 1.36s – Scotiabank
The Canadian Dollar (CAD) has edged a little lower on the session, in line with its major currency peers. Spot may continue to range trade ahead of Wednesday’s BoC policy decision, Scotiabank's Chief FX Strategist Shaun Osborne notes.
USDCAD
Banks
Canada
Technical Analysis
BOC
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Fxstreet
USD steadies, undertone remains bearish – Scotiabank
The US Dollar (USD) is tracking a little higher overall, consolidating the soft tone seen over the past few sessions as the Dollar Index (DXY) losses hold near recent lows, Scotiabank's Chief FX Strategist Shaun Osborne notes.
DollarIndex
Banks
Technical Analysis
Fed
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Fxstreet
The US tariff spiral keeps turning for Aluminum and Steel – Commerzbank
US President Trump's announcement last Friday that US tariffs on Steel and Aluminum imports would be increased from 25% to 50% — with the higher tariffs being said to take effect tomorrow — initially caused further uncertainty on the base metal markets, with prices in the US rising sharply, Commerzb
Banks
Commodities
Metals
Copper
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Fxstreet
Gold flowing back from the United States to Switzerland – Commerzbank
Another aspect of the Swiss Gold export data is worth mentioning: Gold shipments to the US slumped to 12.7 tons in April, while at the same time 63 tons of Gold were shipped from the US to Switzerland, Commerzbank's FX analyst Michael Pfister notes.
Gold
XAUUSD
Banks
Commodities
Metals
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Fxstreet
USD/CNH: Likely to trade in a range between 7.1800 and 7.2300 – UOB Group
US Dollar (USD) is likely to consolidate between 7.1920 and 7.2150. In the longer run, for now, USD is likely to trade in a range between 7.1800 and 7.2300, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
Banks
Technical Analysis
USDCNH
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Fxstreet
Signs of a pick-up in Chinese Gold demand – Commerzbank
Data published last week by the Swiss customs authority on Gold exports and the Hong Kong Statistics Department on Gold trade between Hong Kong and China point to a revival in demand for Gold in the Middle Kingdom.
Gold
XAUUSD
Banks
Commodities
Metals
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Forex Live
Meta to buy nuclear power from Constellation Energy Corp.
Bloomberg with the report
Stocks
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Fxstreet
USD/JPY: 143.85 must be breached for a sustained upside – UOB Group
US Dollar (USD) could decline further; given the deeply oversold momentum against Japanese Yen (JPY), a clear break below 142.10 appears unlikely. In the longer run, for a sustained decline, USD must first close below 142.10, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
USDJPY
Technical Analysis
Banks
News Discussion Forum
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Forex Live
More from BoE's Bailey: Business surveys are probably better guide to UK outlook
More comments from the BoE Governor
GBP
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Fxstreet
China: Activity likely resilient in May on tariff rollback – Standard Chartered
Official manufacturing PMI edged up to 49.5 in May on improved new orders and production. Real activity and export growth likely remained resilient on 2Y CAGR basis, indicating stable momentum.
China
Banks
Manufacturing
Growth
EconomicIndicator
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Fxstreet
Gold and Silver up significantly – Commerzbank
The Gold price rose by 2.8% to $3,380 per troy ounce at the start of the week, Commerzbank's FX analyst Michael Pfister notes.
Banks
Metals
Commodities
Gold
Platinum
News Discussion Forum
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Fxstreet
AUD/USD to test 0.6510 before leveling off – UOB Group
Sharp rise appears excessive, but there is room for Australian Dollar (AUD) to test 0.6510 before leveling off. In the longer run, price action suggests AUD could continue to rise and test the significant resistance level at 0.6540, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.
AUDUSD
Technical Analysis
Banks
News Discussion Forum
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Fxstreet
GBP/USD draws closer to 1.3500 following BoE Bailey's comments
,
GBPUSD
Currencies
Majors
BOE
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Forex Live
Zelensky's insults directed at Russia's delegation clashed with spirit of negotiations
Comments from Russia on the recent negotiations in Turkey
Politics
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Fxstreet
OPEC+ increases Oil production substantially again, but Oil prices rise nonetheless – Commerzbank
The eight OPEC+ countries with voluntary production cuts decided at the weekend to increase Oil production by 411 thousand barrels per day in July. This was the third such production increase in a row.
Oil
Banks
OPEC
Energy
Brent
News Discussion Forum
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Fxstreet
GBP/USD: A sustained advance can be expected above 1.3600 – UOB Group
Strong momentum suggests further Pound Sterling (GBP) strength against US Dollar (USD), even though it is unclear if this will be sufficient for a break above 1.3600.
GBPUSD
Technical Analysis
Banks
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Forex Live
US calls on Vietnam to cut reliance on China in list of trade demands - report
Reuters reports, citing sources familiar with the matter
Politics
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Forex Live
EU reportedly says did not get US letter demanding "best offer" on trade talks
Reuters reports, citing a source familiar with the situation
Politics
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Fxstreet
Is the Fed really to blame for the weak USD? – Commerzbank
The reason for the significant strengthening of the US Dollar (USD) in September, when Donald Trump's second term in office was approaching, was obvious.
DollarIndex
Banks
Fed
Technical Analysis
News Discussion Forum
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Fxstreet
BoE’s Dhingra: Supply chain data points more clearly to disinflation than noisy wage data
Bank of England (BoE) policymaker Swati Dhingra is testifying on the May Monetary Policy Report (MPR) before the UK Parliament's Treasury Select Committee (TSC) on Tuesday.
BOE
CentralBanks
GBPUSD
InterestRate
Inflation
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Forex Live
BoE's Bailey: Gradual and careful remain my guides for rates
Comments from the BoE Governor
GBP
News Discussion Forum
By
Fxstreet
Silver price today: Silver falls, according to FXStreet data
Silver prices (XAG/USD) fell on Tuesday, according to FXStreet data.
Silver
Commodities
Metals
News Discussion Forum
By
Fxstreet
Bailey speech: Key factors for May rate decision were domestic, not tariffs
Bank of England (BoE) Governor Andrew Bailey is testifying on the May Monetary Policy Report (MPR) before the UK Parliament's Treasury Select Committee (TSC) on Tuesday.
BOE
CentralBanks
InterestRate
GBPUSD
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Forex Live
BoE's Mann: Voted to hold rates unchanged in May as labour market not loosened as expected
Comments from the BoE policymaker
GBP
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