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Australia Manufacturing PMI Rises to 51.2 in June, Signals Expansion
The preliminary S&P Global Manufacturing PMI for Australia increased to 51.2 in June from 50.7 in May, indicating expansion in the sector and supporting a bullish view on AUD/USD.
Euro Falls 0.37% Against USD on Iran Optimism and Lagarde Remarks
The euro declined 0.37% against the US dollar on Monday as positive news on US-Iran talks boosted the greenback, while ECB President Lagarde's comments tempered hawkish expectations on inflation.
Pound Sterling Braces for Heavy Week as Westminster Empties Out
GBPUSD nears fresh seven-month lows ahead of a likely thin trading week as UK political activity winds down. A tentative bounce has done little to change the broader bearish tone.
NZDUSD Slides for Fourth Day, Pressures 0.5700
The New Zealand Dollar weakened for a fourth straight session, approaching the 0.5700 level amid a stronger US dollar and deteriorating risk appetite tied to rising Iran tensions.
NZD/USD Sinks to Two-Month Low Near 0.5720 as USD Strengthens
The New Zealand Dollar fell to a two-month low against the US Dollar on Monday, pressured by a firmer greenback and cautious market sentiment.
US Dollar Surges Near Recent Highs Ahead of PCE Inflation Data
The US Dollar traded near the 101.00 level on Monday, close to a 13-month high, as investors weigh softer oil prices, US-Iran peace hopes, and expectations of a hawkish Fed ahead of PCE inflation data.
Swiss Franc Declines Against Dollar and Euro on Improved Risk Appetite
The Swiss Franc weakened against the US Dollar and the Euro on Monday as risk appetite improved following the start of US-Iran talks, which were viewed positively by the US Vice President.
Malaysian Ringgit Pressured Against US Dollar on Hawkish Fed Repricing
The Malaysian Ringgit has softened despite supportive domestic data, as a hawkish repricing by the Federal Reserve keeps US Treasury yields and the US Dollar firm. OCBC strategists note that softer oil provides only a limited buffer.
US Dollar Index Rises, Holds Support Near 101.00
The US Dollar Index (DXY) advanced on Monday, trading near 101.00 and gaining 0.26% as the greenback remains supported.
Mexican Peso Slides as Hawkish Fed Boosts USD Ahead of Banxico Meeting
The Mexican Peso weakened 0.34% on Monday as the US Dollar strengthened on renewed Federal Reserve hawkishness. USD/MXN traded at 17.35 after bouncing from daily lows.
AUD/JPY Consolidates Near Multi-Year Low on Intervention Fears
AUD/JPY trades sideways near levels last seen in September 1990, with yen weakness supporting the cross while intervention risks cap further upside.
Canadian Dollar Slides to 14-Month Lows Despite Hot Inflation, Oil Rebound
The Canadian dollar hit fresh 14-month lows as trade war concerns overshadowed a strong inflation print and a rebound in crude oil prices.
GBP/JPY Holds Near 214.00 Amid UK Political Turmoil
The pound-yen pair settled near 214.00 on Monday, supported by its rising 50-day moving average, despite the UK losing its prime minister.
USD/SGD Bid as Firmer USD, MAS Tightening Eyed – OCBC
OCBC strategists note USD/SGD trades with a bid tone amid a firmer US dollar backdrop, with resistance near 1.2940. Support levels were not fully disclosed.
Gold Edges Higher on Iran Talks Optimism, Weaker Oil
Gold (XAU/USD) rose 0.50% on Monday as positive US-Iran talks drove oil prices lower, reducing inflation expectations. The pair bounced from daily lows to trade near $4,179.
NZD/USD Extends Slide to Four-Day Low as Dollar Strengthens
The New Zealand dollar fell for the fourth consecutive day on Monday, hitting its lowest since April 8, driven by broad US dollar strength from a hawkish Fed and fragile US-Iran truce uncertainty.
Malaysia May Inflation Rises to 2.0% YoY, Highest Since July 2024 – UOB
UOB economists note Malaysia's May headline inflation rose to 2.0% year-on-year, the highest since July 2024, driven by Food, Housing, Utilities and Transport. Year-to-date inflation of 1.7% supports their full-year 2.0% forecast.
AUD/USD Stalls Near 0.7300, Awaits Catalyst
The Australian dollar's uptrend from late March has lost momentum near the 0.7300 resistance, with traders now watching for a fresh catalyst to resume the rally.
MUFG: Asian Currencies Set to Gain on Growth Gap, AI Exports
MUFG analyst Michael Wan says stronger regional growth differentials versus the US should support Asian currencies, especially in AI-linked export economies like South Korea, Taiwan, and Malaysia.
AUD/USD Falls Near 0.7000 Ahead of US PCE Data
The Australian dollar slipped against the US dollar, approaching the 0.7000 level, as traders adopt a cautious stance ahead of the release of the US PCE inflation report.
EUR/USD Hovers Near Three-Month Lows Amid Hawkish Fed, Mideast Talks
EUR/USD remains under pressure near three-month lows as expectations of a hawkish Federal Reserve boost the US Dollar, while progress in US-Iran talks reduces safe-haven demand but does not offset USD strength.
USD/SGD Range Trade Supported Around 1.29 – UOB
UOB analysts note USD/SGD remains supported near 1.29 as the Singapore Dollar Nominal Effective Exchange Rate (S$NEER) trades near the top of its band, suggesting the pair will hover close to this level.
British Pound Rises as US-Iran Talks Offset UK Political Shock
The Pound Sterling advanced 0.14% on Monday as US-Iran negotiations laid a "good foundation" after the first round of talks, offsetting domestic political uncertainty.
BNY: Carry Trade Unwinding Signals Potential Recovery
BNY's Geoff Yu notes that iFlow Carry has turned negatively significant for the first time in 2026, indicating ongoing unwinding but also a potential contrarian opportunity.