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Monday open levels, indicative FX prices, 16 June 2025
Monday open levels, indicative FX prices, 16 June 2025
As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs
Forexlive Americas FX news wrap 13 Jun: Markets are in flux as Israel and Iran lob bombs
Forex news for North American trading on Jun 13, 2025
Session wrap
Wrap Nth America
The S&P, NASDAQ and Dow have worst day since May 21
The S&P, NASDAQ and Dow have worst day since May 21
Tensions in the Middle East give traders a willing to sell
Major European indices close lower for the day as a geopolitical risks weigh on sentiment
Major European indices close lower for the day as a geopolitical risks weigh on sentiment
Most indices close lower for the week. The exception is UK's FTSE 100, which rose a modest 0.14%
New York Times: Israel has resumed attacks on Iran
New York Times: Israel has resumed attacks on Iran
Attacks the main underground nuclear sites
Trump: Iran has sustained a devastating
Trump: Iran has sustained a devastating
President Trump reports Iran's nuclear program may have suffered a major blow, downplays risk of regional war.
University of Michigan consumer sentiment preliminary for June 60.5 vs 53.5 estimate
University of Michigan consumer sentiment preliminary for June 60.5 vs 53.5 estimate
The Preliminary consumer sentiment survey results for June from the University of Michigan
How have interest rates expectations changed after the US NFP and central bank decisions?
How have interest rates expectations changed after the US NFP and central bank decisions?
Higher than expected NFP and less dovish central banks led to a more hawkish repricing in interest rates expectations
market overview
Dollar keeps lower awaiting details on US-China trade talks in London
Dollar keeps lower awaiting details on US-China trade talks in London
Still no word about where exactly or what time the talks will take place later today
market overview
The probability for a move into the 72$ price area continues to increase for crude oil
The probability for a move into the 72$ price area continues to increase for crude oil
The negative supply side news don't matter anymore as the market looks forward to stronger demand
Bitcoin erased last week's losses as it now challenges a key resistance
Bitcoin erased last week's losses as it now challenges a key resistance
The cryptocurrency experienced a V-shaped recovery from last week's selloff, but we'll need a break above the key resistance to extend the rally into a new all-time high
Japan reportedly mulls buying back some super-long government bonds
Japan reportedly mulls buying back some super-long government bonds
Reuters reports, citing two sources with direct knowledge of the plan
China foreign affairs ministry sidesteps question about US-China meeting
China foreign affairs ministry sidesteps question about US-China meeting
Still no details about when or where the meeting will take place in London later
Politics
European equities fare a bit more tepid at the open today
European equities fare a bit more tepid at the open today
A more tentative mood as market players eye the supposed US-China trade talks in London
ICYMI: New Boeing plane landed in China for the first time since the tariff war started
ICYMI: New Boeing plane landed in China for the first time since the tariff war started
The US planemaker resumed deliveries to China as the US-China trade war continues to ease
Market Outlook for the week of June 9th - 13th
Market Outlook for the week of June 9th - 13th
Highlights of the week include U.K. jobs data and U.S. inflation
GBP
USD
Fed to deliver 75 bps of rate cuts for this year - Citigroup
Fed to deliver 75 bps of rate cuts for this year - Citigroup
The firm sees the Fed cutting by 25 bps in September, October, and then in December
What are the main events for today?
What are the main events for today?
US-China trade talks is the only highlight
market overview
Eurostoxx futures -0.1% in early European trading
Eurostoxx futures -0.1% in early European trading
A more tentative mood awaiting US-China trade talks