UK labour market: Mixed signals extend MPC patience – Deutsche Bank
Deutsche Bank’s Chief UK Economist Sanjay Raja notes that recent UK labour market data show a mix of stronger employment indicators and softer pay dynamics, suggesting the jobs market is not yet fully recovered.
USD/CAD Price Forecast: Gains ground above 1.4100, but overbought signals flag pullback risk
The USD/CAD pair trades on a positive note near 1.4105 during the early European trading hours on Thursday. The US Dollar (USD edges higher against the Canadian Dollar (CAD) after a hawkish hold by the Federal Reserve (Fed) triggered rate-hike bets despite a US-Iran deal.
EUR/JPY Price Forecast: Trades above 185.00 after rebounding from ascending channel bottom
EUR/JPY gains ground after registering modest losses in the previous day, trading around 185.10 during the early European hours on Thursday. The currency cross holds a capped tone as spot has slipped just under the nine-period and 50-period Exponential Moving Averages (EMAs).
UK labour market: Mixed signals extend MPC patience – Deutsche Bank
Deutsche Bank’s Chief UK Economist Sanjay Raja notes that recent UK labour market data show a mix of stronger employment indicators and softer pay dynamics, suggesting the jobs market is not yet fully recovered.
Japanese Yen: Near intervention levels as Dollar climbs – Deutsche Bank
Deutsche Bank’s report highlights that the Japanese Yen has weakened to a post‑2024 low against the Dollar, though its decline was smaller than other G10 currencies.
USD/CAD Price Forecast: Gains ground above 1.4100, but overbought signals flag pullback risk
The USD/CAD pair trades on a positive note near 1.4105 during the early European trading hours on Thursday. The US Dollar (USD edges higher against the Canadian Dollar (CAD) after a hawkish hold by the Federal Reserve (Fed) triggered rate-hike bets despite a US-Iran deal.
British Pound remains on the defensive as investors await BoE’s decision
The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday.
British Pound remains on the defensive as investors await BoE’s decision
The British Pound (GBP) trims losses against the US Dollar (USD) on Thursday, but remains near the two-month low hit on Wednesday.
Forex Today: US Dollar rallies on hawkish Fed, focus shifts to BoE
Here is what you need to know on Thursday, June 18:
EUR/JPY Price Forecast: Trades above 185.00 after rebounding from ascending channel bottom
EUR/JPY gains ground after registering modest losses in the previous day, trading around 185.10 during the early European hours on Thursday. The currency cross holds a capped tone as spot has slipped just under the nine-period and 50-period Exponential Moving Averages (EMAs).
