USD/JPY and USD/CAD Test Key Levels Ahead of the ADP Employment Report.The US dollar is holding on to its recently gained ground following a series of strong macroeconomic releases and a rise in US Treasury yields. Additional support for the greenback comes from resilient inflation readings, expectations that the Federal Reserve will maintain a restrictive policy stance, and cautious investor sentiment ahead of the release of the preliminary ADP employment report.

France beats UK and Germany to remain Europe's top FDI destination.France has maintained its position as Europe's leading destination for foreign direct investment projects, according to the latest EY Europe Attractiveness Survey.  The country attracted 852 new investment projects in 2025, far ahead of its closest rivals, even as the overall number of projects across Europe fell to the lowest level in 11 years, the survey was quoted in a Euronews report.

Swiss Franc: Inflation data and SNB stance – Commerzbank.Swiss Franc: Inflation data and SNB stance – Commerzbank

US Prepares to Extend Tariffs.In the US, ADP's private sector employment growth will be released for May. ADP's weekly estimates have pointed towards another solid month of job creation.

Russia S&P Global Services PMI: 48.7 (May) vs previous 49.7.Russia S&P Global Services PMI: 48.7 (May) vs previous 49.7

Pound-to-Euro Forecast: GBP Steady as Eurozone Inflation Meets Expectations.The Pound to Euro (GBP/EUR) exchange rate traded in a tight range on Tuesday as Eurozone inflation data broadly matched expectations and failed to provide fresh momentum for the single currency. At the time of writing, GBP/EUR was trading around €1.1559, little changed on the day.

Indian rupee could fall to 98/USD by July amid energy crisis, BofA Securities exec says.The Indian rupee could weaken to a record low of 98 against the U.S. dollar by July as the energy shock triggered by the ​Middle East crisis continues to pile pressure on domestic assets, especially the currency, ‌a BofA Securities executive told Reuters.

AI Exuberance Rotates Into Small Caps Amid Sticky Inflation and Looming Central Bank Tightening.Equities: The S&P 500 closed higher at fresh peaks with seven out of 11 sectors advancing, led by Utilities (+1.9%), Materials (+1.2%), and Industrials (+1%). Small-caps and non-tech cyclicals dramatically outperformed, while European bourses rallied 0.8% and the UK FTSE added 0.3%.

Natural Gas and Oil Forecast: 9 Weeks of Ceasefire — WTI & Brent Defend Channels, NatGas Eyes $3.256?.With geopolitical risk premium largely removed, oil benchmarks found support inside channels while natural gas maintained strength. WTI defended $94.68 with higher lows, Brent held $96.93, and NatGas retested $3.161 after surge.

Swiss Franc struggles as safe-haven demand supports USD.Swiss Franc struggles as safe-haven demand supports USD

Asia open: AI exuberance rotates into small caps amid sticky inflation and looming central bank tightening.Global stock markets climbed to record highs as AI-driven investment expanded beyond mega-cap technology firms into small-cap industrial and infrastructure companies. Alphabet's surprise US$80 billion capital raise underscored the enormous funding demands of the AI supercycle, while stronger U.S. labour data and rising Eurozone inflation reinforced expectations for tighter monetary policy.

USD/JPY Price Forecast: Bulls turn cautious near 160.00 amid rising intervention risk.USD/JPY Price Forecast: Bulls turn cautious near 160.00 amid rising intervention risk

ECB's Wunsch: US-Iran deal confirmation before June meeting won't derail interest rate hike hopes.ECB's Wunsch: US-Iran deal confirmation before June meeting won't derail interest rate hike hopes

US targets extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban.US targets extra 12.5% tariffs on India, 59 other countries for not enforcing forced labour ban

Pakistan's budget unlikely to be presented on June 5, government source says.Pakistan's federal budget is not likely to ​be presented on June 5, a ‌government source and local media said on Wednesday, mainly as some fiscal measures have not been ​settled with the International Monetary Fund.

EUR/JPY Price Forecast: Declines below 186.00 amid intervention fears, but bullish vibe prevails.EUR/JPY Price Forecast: Declines below 186.00 amid intervention fears, but bullish vibe prevails

Indian central bank likely intervenes to limit rupee's fall, traders say.The Indian central bank likely intervened ​in the foreign ‌exchange market on Wednesday to limit the rupee's fall, ​four traders told ​Reuters, as a rise in ⁠crude prices on ​renewed U.S.-Iran hostilities pressured ​the South Asian currency.

Canadian Dollar weakens despite higher oil prices.Canadian Dollar weakens despite higher oil prices

investingLive Asia-Pacific FX news wrap: Gulf escalation, yen jitters, & biggest IPO ever.Tuesday was one of those sessions where the news flow refused to slow down, and the common thread running through almost all of it was the same: the US-Iran conflict, now more than three months old, is still getting worse before it gets better.

Trump tries again. US proposes 10% tariffs on 60 nations, forced-labour Section 301 probe.The US proposed tariffs of at least 10% on imports from around 60 countries under a Section 301 forced-labour probe, with higher 12.5% levies targeting China, India, Japan and others.

United States Dollar Index trades calm while US-Iran deal uncertainty escalates.United States Dollar Index trades calm while US-Iran deal uncertainty escalates

Australia Q1 GDP Grows 0.3% qoq, Misses Forecasts as Exports and Mining Drag Growth.Australia's economy grew by just 0.3% qoq in the first quarter, missing expectations of 0.5% qoq and signaling a loss of momentum at the start of 2026. Annual growth held at 2.5%.

Japan's PMI Services Stagnates While Cost Pressures Surge.Japan's service sector lost momentum sharply in May as rising costs linked to the Middle East conflict weighed on business activity and household spending. PMI Services (final) fell from 51.0 to 50.0, indicating stagnation after more than a year of continuous expansion.

British Pound steadies as increased risk aversion offsets hawkish BoE tone.British Pound steadies as increased risk aversion offsets hawkish BoE tone

Australia Q1 GDP slows to 0.3% as data centre imports drag on growth.Australia's Q1 GDP rose 0.3% q/q and 2.5% y/y, both below forecasts, as a surge in data centre and fuel imports wiped 0.8 percentage points from growth despite strong domestic demand.

New Zealand Dollar firms on upbeat China PMI; snaps two day losing streak vs USD.New Zealand Dollar firms on upbeat China PMI; snaps two day losing streak vs USD

Australian Dollar holds losses below 0.7200 after weaker GDP data, US-Iran tensions.Australian Dollar holds losses below 0.7200 after weaker GDP data, US-Iran tensions

China's RatingDog Services PMI rises to 54.4 in May .China's RatingDog Services PMI rises to 54.4 in May 

Australian Dollar trades below multi-decade high vs Yen after weaker GDP.Australian Dollar trades below multi-decade high vs Yen after weaker GDP

Australia economic growth slows to 0.3% in Q1.Australia's economy slowed in the March quarter ​as a boom in data ‌centres boosted business investment but also sucked in imports, a ​pullback that is likely ​to worsen in the face of ⁠higher borrowing costs and ​fuel prices.