USD/INR drops 0.5% as RBI spot market intervention and potential 5 June rate hike support the rupee amid oil price pressures. The Indian Rupee strengthened as USD/INR fell 0.5% to 95.71 on Friday, trimming weekly losses to 0.3%. The Reserve Bank of India’s spot market inte
Kevin Warsh’s potential shift away from dot plots and June rate projections adds uncertainty for dollar traders amid inflation risks. New Federal Reserve Chair Kevin Warsh may abandon interest rate forecasts in the June Summary of Economic Projections, signaling a break fr
The New Zealand Dollar remains range-bound near six-week lows ahead of Wednesday’s RBNZ policy decision amid mixed economic signals. The New Zealand Dollar (NZD) trades weakly against the US Dollar (USD) on Monday, failing to break above 0.5880 resistance despite improved
UOB’s Quek Ser Leang and Lee Sue Ann report that AUD/USD rebounded sharply after recent weakness, with the pair swinging between 0.7100 and 0.7168 and now trading near 0.7155. They see scope for further gains but doubt a clear break above 0.7175, viewing current moves as p
The Australian Dollar recovers early losses as easing geopolitical tensions boost sentiment despite reduced expectations for Reserve Bank of Australia tightening. AUD/USD stabilizes around 0.7170 in early European trading on Monday, recovering from two consecutive sessions
EASY:CA announces a CAD 0.31 per share dividend for June, reflecting a 10.8% forward yield for investors. Evolve All-in-One UltraYield ETF (CAD-Hedged) declared a CAD 0.31 per share monthly dividend, equating to a 10.8% forward yield. The payment is scheduled for June 22,
BIGY:CA announces a CAD 0.3125 per share dividend, yielding 13.88% annually, payable June 22. Evolve US Equity UltraYield ETF (CAD-Hedged) declared a monthly dividend of CAD 0.3125 per share. The payment equates to a forward yield of 13.88%, reflecting the fund’s high-inco
The Japanese yen weakened against the dollar as higher oil prices and US-Iran tensions fueled inflation worries. The USD/JPY pair climbed toward 158.50 from an opening level of 156.86, driven by a stronger dollar amid rising inflation concerns. Higher crude oil prices and
The Japanese Yen weakens as the Dollar rallies on stalled US-Iran talks, rising oil prices, and renewed inflation concerns. The USD/JPY pair climbed to 158.50, its highest level since April 30, as the Dollar strengthened against the Yen. The move followed reports of diffic
Investor confidence in a potential US-Iran agreement weakens demand for the safe-haven USD, pushing the DXY index to 99.00. The US Dollar Index (DXY) fell to 99.00 early Monday, retreating from last week’s 99.30 support level. Optimism over a possible US-Iran peace deal an
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