US FX WRAP: Dollar reverses initial strength to end with losses as Antipodes outperform
Today's FX wrap indicates a reversal in the dollar's initial strength, leading to notable losses for the USD as currencies from the Antipodes outperformed.
FedEx (FDX) CFO John W. Dietrich to step down June 1st and departure to coincide with FedEx Freight spin-off completion; Claude Russ to serve as interim CFO; affirms FY26 outlook
MetLife (MET) CEO says there may be some cracks in private credit, but not a sign that it is a bubble about to burst, via a Semafor event
US FX WRAP: Dollar reverses initial strength to end with losses as Antipodes outperform
TREASURY WRAP: T-NOTE FUTURES (M6) SETTLE 4+ TICKS HIGHER AT 111-07+
US President Trump’s naval blockade of Iranian ports is targeting one of the Islamic Republic’s most sensitive points — and it may be enough to inspire Tehran to respond to the US’ peace overtures, via NY Post citing experts
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This could imply shifts in market sentiment or positioning ahead of upcoming economic data or geopolitical events, which may also influence risk appetite and other asset classes like equities and commodities.
Related headlines
- [MARKET ANALYSIS] DXY is little changed ahead of inflation data later in the week and despite the US announcing an import ban on some Canadian goods as trade war escalates2 hours ago
- US senior Trump administration official says President Trump approved series of proclamations on Canada trade measures, with ban on dairy, most alcohol and motorcycle imports from Canada under Section 338 with restrictions effective in about 3 weeks6 hours ago
- US Market Wrap: Stocks fall and crude gains amid escalating geopolitics 9 hours ago
- PRE-MARKET AUSTRALIAN, JAPANESE AND SOUTH KOREAN STOCKS NEWS: Samsung Electronics (005930 KS)** - Co. opened an AI chip R&D hub in Yokohama to collaborate with Japanese companies on advanced semiconductor packaging6 hours ago
- CRUDE WRAP: WTI (V6) SETTLES USD 1.55 HIGHER AT USD 93.03/BBL11 hours ago
- [MARKET ANALYSIS] Oil prices are underpinned after US and Iran conducted a fresh round of retaliatory strikes3 hours ago
- [MARKET ANALYSIS] T-note futures are little changed after yesterday's indecisive mood and with key inflation data due later this week3 hours ago
- US Secretary of State Rubio says that President Trump has a desire to reach an agreement with Colombia on tariffs7 hours ago
- US President Trump says directing the GSA, working with the USTR, to take all necessary steps to remove Canadian-origin products from GSA’s Multiple Award Schedules unless Canada restores full and fair reciprocity for American farmers and companies9 hours ago
- [MARKET ANALYSIS] Asia-Pac stocks trade mixed with the region partially shrugging off the weak US lead following a fresh exchange of US-Iran strikes and escalation in the US-Canada trade war2 hours ago
- PRE-MARKET TAIWAN AND SINGAPORE STOCKS NEWS: TSMC (2330 TT) plans to adopt ASML’s high-NA EUV lithography equipment for high-volume manufacturing from 20305 hours ago
- PBoC sets USD/CNY mid-point at 6.7709 vs Exp. 6.7042 (prev. 6.7804)4 hours ago
- US Treasury Secretary Bessent says markets are not efficient and are run by humans, who make mistakes, adds the treasuries narrative in August was that the sky is falling and the narrative was absurd8 hours ago
- PBoC is expected to set USD/CNY mid-point at 6.7042 (prev. 6.7804)5 hours ago
- Japanese Reuters Tankan Index (Sep) 21 (Prev. 18)7 hours ago
- [MARKET UPDATE] Asia-Pac stocks begin mostly higher with the region shrugging off the weak lead from Wall St, where all major indices declined on return from the long weekend amid rising oil prices and ongoing geopolitical escalation5 hours ago
- IRGC says it attacked two US vessels, eight oil vessels and ten violating ships with the intention of crossing the prohibited and unsafe area of the Strait of Hormuz3 hours ago
- US Central Command says their forces destroyed five Iranian crude oil carriers on Tuesday after the IRGC targeted a US Navy warship with ballistic missiles twice over the past two days7 hours ago
- US Secretary of State Rubio warns every time Iran tries to hit US Navy ships, they will lose tankers7 hours ago
- Iran launched at least 20 missiles at bases in Jordan with the Al-Salti and Prince Hassan bases targeted, according to SNN8 hours ago
The whole workspace, free to try.
Try it free