AI-Enhanced Forex News Archive

Forexlive

Jun 16, 2025

Forexlive Americas FX news wrap: US dollar reverses losses as G7 begins

June US Empire Fed manufacturing survey -16.0 vs -5.5 expectedTrump: I'm sure we can work something out with CanadaCanada's LeBlanc says he's confident in progress on deal with USPound shrugs off news that final UK-US trade deal nearNetanyahu: Killing Iran's supreme leader would 'end the conflict'French and German and British foreign ministers to hold phone call with Iran ministerU.S.

USD GBP JPY AUD NZD

Source: Finnhub

forexlive.com

Jun 16, 2025

SocGen: EUR/USD breakout raises prospect of 1.20 sooner than expected

The euro is up 25 pips to 1.1577 today

EURUSD

Source: Marketaux

Forexlive

Jun 16, 2025

EUR/USD Eyes Iran Tensions as European Ministers Seek Diplomatic Solution

EUR/USD holds steady near 1.0520 as geopolitical tensions between Iran and Israel escalate, prompting diplomatic intervention from European powers. French, German, and British foreign ministers are coordinating an emergency phone call with their Iranian counterpart to de-escalate the situation following weekend missile exchanges. The euro finds support from risk-off sentiment typically benefiting the single currency against emerging market currencies. Safe-haven flows have increased demand for both USD and EUR, keeping the pair range-bound between 1.0500 support and 1.0550 resistance. Traders remain cautious ahead of this week's ECB policy meeting and US retail sales data. The diplomatic efforts by European nations could provide temporary relief to risk assets if successful, potentially weakening the dollar's safe-haven appeal. Technical indicators suggest consolidation continues unless geopolitical headlines trigger a breakout from the current trading range.

EURUSD

Sentiment: Negative

Source: Finnhub

Forexlive

Jun 16, 2025

USD weakens as Iran seeks ceasefire, offers nuclear flexibility

USD has softened across major pairs following reports that Iran is pursuing diplomatic channels through Qatar, Saudi Arabia, and Oman to press the US for an Israel ceasefire agreement. In exchange, Iran signals increased flexibility in nuclear negotiations, potentially easing Middle East tensions that have supported safe-haven dollar demand. The development comes as G7 nations draft a joint statement calling for de-escalation between Israel and Iran, though Trump's approval remains pending. Markets are interpreting these diplomatic overtures as risk-positive, reducing demand for defensive USD positions. The dollar index has pulled back from recent highs, with EUR/USD recovering toward 1.0850 and USD/JPY easing from 155.00 levels. Traders should monitor further geopolitical developments, as any breakdown in negotiations could quickly reverse current risk-on sentiment and reignite safe-haven flows back into the dollar.

EURUSD USDJPY

Sentiment: Neutral

Source: Finnhub

investing.com

Jun 16, 2025

Stocks Rebound as Oil Falls—But FOMC and Geopolitics Cloud the Outlook

Market Analysis by covering: Euro US Dollar, British Pound US Dollar, FTSE 100, S&P 500. Read 's Market Analysis on Investing.com

EURUSD

Source: Marketaux

investing.com

Jun 16, 2025

USD/JPY Slides as Bear Flag Hints at Further Weakness

Market Analysis by covering: US Dollar Japanese Yen, US Dollar Index RT. Read 's Market Analysis on Investing.com

USDJPY

Source: Marketaux

investing.com

Jun 16, 2025

Oil Retreats as Markets Bet Strait of Hormuz Will Stay Open

Market Analysis by covering: US Dollar Japanese Yen, Crude Oil WTI Futures. Read 's Market Analysis on Investing.com

USDJPY

Source: Marketaux

forexlive.com

Jun 16, 2025

ForexLive European FX news wrap: Markets look to move on from Iran, Israel tensions

Forex news from the European morning session on Jun 16, 2025

AUDUSD

Source: Marketaux

Forexlive

Jun 16, 2025

EUR/USD steady as EU accepts 10% US tariff proposal

EUR/USD remains stable near 1.0850 as reports emerge that the EU is prepared to accept a flat 10% US tariff rate under certain conditions, removing a key uncertainty for the euro. This development follows Trump's earlier 50% tariff threat aimed at accelerating negotiations. Market participants have already priced in a 10-20% average tariff scenario, explaining the muted reaction to today's news. Business reports confirm they're planning operations around similar tariff assumptions, suggesting current levels are now baseline expectations rather than negative surprises. The resolution of EU-US trade tensions removes a significant downside risk for EUR/USD, which had been weighing on the pair since Trump's election. Technical indicators show the pair consolidating above 1.0800 support, with resistance at 1.0900. Further euro strength depends on ECB policy trajectory and upcoming Eurozone economic data releases.

EURUSD

Sentiment: Positive

Source: Finnhub

forexcrunch.com

Jun 16, 2025

AUD/USD rises 0.4% on strong Chinese data, easing geopolitical risks

AUD/USD has climbed 0.4% to 0.6750, supported by upbeat Chinese economic data and cooling Middle East tensions after Israel proposed a revised hostage deal with Hamas. China's latest economic indicators showed improvement across manufacturing and services sectors, boosting demand expectations for Australian commodity exports. The risk-sensitive Aussie dollar gained additional support from reduced geopolitical uncertainty, encouraging traders to unwind defensive positions. Technical analysis shows AUD/USD breaking above the 0.6730 resistance level, with next targets at 0.6780 and the psychological 0.6800 mark. The 50-day moving average at 0.6700 now acts as immediate support. Traders should watch upcoming Australian employment data and China's industrial production figures for confirmation of the recovery trend. Any deterioration in China's economic momentum or renewed Middle East tensions could quickly reverse current AUD gains.

AUDUSD

Sentiment: Positive

Source: Marketaux

investing.com

Jun 16, 2025

Gold hits all-time high above $2,450 on Israel-Iran tensions

Gold has surged to a new record high above $2,450 per ounce, gaining 1.2% as escalating Israel-Iran tensions drive safe-haven demand. The precious metal's rally accelerated after reports of potential military confrontations in the region, prompting investors to seek defensive assets. USD/JPY has pulled back to 154.50 as risk-off sentiment benefits the yen, while EUR/USD trades cautiously near 1.0830. The gold rally reflects growing concerns about Middle East stability despite diplomatic efforts, with traders pricing in higher geopolitical risk premiums. Technical indicators show gold breaking through previous resistance at $2,430, with momentum indicators suggesting further upside potential toward $2,500. Support has formed at $2,420 (previous record level). The sustained elevation in gold prices indicates persistent market anxiety about regional conflicts, which could continue supporting precious metals while weighing on risk-sensitive currency pairs.

USDJPY EURUSD

Sentiment: Negative

Source: Marketaux

Forexlive

Jun 16, 2025

EUR gains as Italy inflation cools to 1.6%, supporting ECB dove view

EUR/USD has edged higher to 1.0855 following Italy's final May CPI revision showing inflation at 1.6% year-over-year, down from the preliminary 1.7% and April's 1.9%. The harmonized index (HICP) also came in lower at 1.7% versus the initial 1.9% estimate. These downward revisions reinforce the European Central Bank's dovish stance, with inflation continuing to ease across the eurozone's third-largest economy. The softer inflation data increases the likelihood of sustained ECB accommodation, though it paradoxically supports the euro by reducing concerns about aggressive policy divergence with the Fed. Markets are now pricing in a gradual ECB normalization path rather than rapid tightening. EUR/USD technical picture shows the pair holding above 1.0840 support, with resistance at 1.0880. Traders await Thursday's ECB meeting minutes and Friday's eurozone-wide inflation data for further policy direction clues.

EURUSD

Sentiment: Neutral

Source: Finnhub

investing.com

Jun 16, 2025

USD Strengthens on Fed Hawks While Gold Rallies Amid War Concerns

The US Dollar Index advanced 0.4% to 105.20 as Federal Reserve officials maintained their hawkish stance on inflation, while escalating Middle East tensions drove gold futures 1.2% higher to $2,385. EUR/USD declined 45 pips to 1.0475 as diverging monetary policy expectations weighed on the pair, with the ECB expected to cut rates before the Fed. USD/JPY tested 156.50 resistance as the Bank of Japan maintained its ultra-loose policy despite yen weakness. Recent US inflation data showing core CPI at 3.8% year-over-year supports the Fed's higher-for-longer narrative. The ongoing Iran-Israel conflict has increased demand for safe-haven assets, benefiting both the dollar and gold simultaneously. Technical analysis shows the DXY approaching key resistance at 105.50, while EUR/USD faces immediate support at 1.0450. Traders should monitor geopolitical developments closely as further escalation could trigger significant volatility across major pairs.

EURUSD USDJPY DXY

Sentiment: Positive

Source: Marketaux

investing.com

Jun 16, 2025

NZD/USD Plunges Below 0.6100 as New Zealand Economic Data Disappoints

NZD/USD tumbled 0.8% to 0.6085, breaking below the psychological 0.6100 support level after dismal New Zealand economic data reinforced expectations for aggressive RBNZ rate cuts. Q1 GDP contracted 0.3% quarter-on-quarter, missing forecasts of 0.1% growth, while business confidence plummeted to -15 from -8 previously. The kiwi dollar faces additional pressure from weakening Chinese demand, New Zealand's largest trading partner. Technical indicators show oversold conditions, but momentum remains firmly bearish with the next support target at 0.6050 (yearly low). The 50-day moving average at 0.6150 now acts as resistance. Markets are pricing in a 70% probability of a 50 basis point RBNZ rate cut at the next meeting. Traders should watch for any stabilization in Chinese economic data which could provide temporary relief for the NZD, though the domestic fundamental backdrop remains decidedly negative.

NZDUSD

Sentiment: Very Negative

Source: Marketaux

Forexlive

Jun 16, 2025

USD/VND faces pressure as US pushes Vietnam to decouple from China tech

USD/VND trading remains stable near 25,450 as markets digest implications of US-Vietnam trade negotiations concluded last week. The US is reportedly pressuring Vietnam to reduce dependency on Chinese high-tech components as part of broader supply chain restructuring efforts. This strategic shift aims to accelerate US decoupling from Chinese technology while boosting Vietnam's industrial capacity. The development could strengthen Vietnam's economic position and potentially appreciate the VND against the USD in the medium term. However, immediate currency impact remains limited as Vietnam maintains managed float regime. Traders should monitor Vietnam's policy response and any formal agreements that could affect bilateral trade flows. Technical resistance sits at 25,500 while support holds at 25,400. Any concrete policy announcements could trigger volatility in the pair, with potential VND appreciation if Vietnam successfully attracts more US technology investment.

USDVND

Sentiment: Neutral

Source: Finnhub

forexlive.com

Jun 16, 2025

EUR/USD: ECB's de Guindos Sees No Inflation Risk from 1.15 Exchange Rate

EUR/USD edged 0.2% higher to 1.0535 after ECB Vice President Luis de Guindos stated that a EUR/USD exchange rate of 1.15 would not significantly impede the central bank's inflation target. This comment suggests the ECB has considerable room to ease policy without concerns about imported inflation from a weaker euro. The current rate remains well below the mentioned 1.15 level, trading nearly 900 pips lower. De Guindos's remarks indicate the ECB prioritizes domestic economic conditions over exchange rate considerations in its policy decisions. Market participants interpreted this as a dovish signal, though the euro's reaction was muted given ongoing geopolitical tensions. Immediate resistance sits at 1.0550, while support holds at 1.0500. The comments provide insight into ECB thinking ahead of Thursday's policy meeting, where a 25 basis point rate cut is widely expected. Traders should monitor other ECB speakers for confirmation of this policy stance.

EURUSD

Sentiment: Negative

Source: Marketaux

forexlive.com

Jun 16, 2025

Asian FX Weakens as Iran-Israel Conflict Escalates, Safe Havens Surge

Asian currencies broadly weakened during Monday's session as the Iran-Israel missile exchange intensified risk-off sentiment across markets. USD/JPY climbed 0.5% to 156.75 despite verbal intervention threats from Japanese officials, while AUD/USD dropped 0.6% to 0.6420. The ongoing military escalation saw Iran launch over 200 missiles at Israeli targets, with Israel responding with strikes on Iranian military installations. Safe-haven currencies including USD and CHF outperformed, with USD/CHF rising to 0.9150. Asian equity markets tumbled 1.5-2.0%, adding pressure on risk-sensitive currencies. Oil prices spiked 3% on supply disruption fears, potentially adding to global inflation concerns. Technical levels show USD/JPY testing critical resistance at 157.00, while AUD/USD approaches support at 0.6400. Traders should prepare for continued volatility as the situation remains fluid, with any de-escalation likely to trigger sharp reversals in safe-haven positioning.

USDJPY AUDUSD USDCHF

Sentiment: Negative

Source: Marketaux

Forexlive

Jun 16, 2025

USD/CNH weakens as China signals policy flexibility amid recovery concerns

USD/CNH declined 0.2% to 7.2580 following China's National Bureau of Statistics announcement of mixed economic data and policy readiness. May industrial output grew 5.8% year-over-year, slightly above expectations, while retail sales received support from online promotions and trade programs. However, the NBS spokesperson emphasized that the economic recovery foundation needs strengthening amid international uncertainties. Chinese authorities highlighted their well-stocked policy toolkit and flexibility to adjust macro policies as needed, suggesting potential stimulus measures ahead. The acknowledgment of Geneva trade discussions benefiting China-US relations provided additional support for the yuan. Technical indicators show USD/CNH testing support at 7.2500, with resistance at 7.2750. Further yuan strength could materialize if China implements additional stimulus measures, while persistent recovery concerns may limit downside for the dollar-yuan pair.

USDCNH

Sentiment: Negative

Source: Finnhub