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British Pound: Leadership change seen contained – DBS

DBS Group Research economist Philip Wee argues that Sir Keir Starmer’s resignation and the upcoming Labour Party leadership contest should not trigger a repeat of the 2022 UK mini-budget crisis for th ...

France June composite PMI tops forecasts as service sector recovers

United States Dollar Index hovers around 101.00 ahead of US PMI data

The US Dollar Index (DXY), which measures the value of the US Dollar (USD) against six major currencies, holds gains near a 13-month high of 101.13, reached on June 19, during the early European hours ...

UK Has Enough Electricity for Winter Despite Energy Market Turmoil

The UK will have sufficient electricity supply this winter despite the Strait of Hormuz crisis, NESO, the country’s grid operator, said today. “While we will continue to monitor global energy markets, ...

Euro: Rate spread pressure EUR against US Dollar – Danske Bank

Danske Research Team notes that EUR/USD started the week under pressure as widening interest rate differentials favor the US Dollar over the Euro.

AI boom and HBM demand to boost Micron's DRAM revenues in Q3

Micron Technology, Inc. (MU) is set to report its third-quarter fiscal 2026 results after the market closes on June 24, and expectations are quite strong.

Euro: Services PMI reaction in focus – Commerzbank

Commerzbank’s Michael Pfister highlights persistent headwinds for the Euro after dovish comments from European Central Bank (ECB) President Christine Lagarde reduced market expectations to roughly 33 ...

Japan’s core CPI, excluding special factors, climbs 2.7% in May vs. 2.8% rise in April

The Bank of Japan (BoJ) said on Tuesday that Japan's core consumer inflation rate excluding one-off factors, as measured by the Japanese central bank's new gauge, climbed 2.7% in May. This figure exce ...

IBM gains on OpenAI partnership to bring AI cybersecurity tools to enterprises

BYD and Tesla gain ground in EU as May car sales rise on strong EV demand

Indian Rupee grinds between firm US Dollar and lower oil prices

The Indian Rupee (INR) opens on a flat note against the US Dollar (USD) on Tuesday.

USD/JPY Price Forecast: Holds above 161.50; eyes multi-decade top despite intervention fears

The USD/JPY pair enters a bullish consolidation phase during the Asian session on Tuesday and currently trades just above 161.50 amid mixed fundamental cues.