Some lenders hike rates on FX deposits for non-resident Indians.Some banks raised rates on foreign currency deposits for non-resident Indians by as much as 350 basis points ​on Wednesday, seeking to attract dollar inflows after the central ‌bank eased regulatory restrictions last week.

Euro: Gains hinge on domestic demand – BNY.Euro: Gains hinge on domestic demand – BNY

Crude Oil –10.06.2026.Our previous outlook for crude oil still stands as the market has resumed its decline after tensions in the Middle East eased. As shown on the chart, the market is still holding above the 85.40–85.60 support zone.

USD/JPY –10.06.2026.Our previous outlook for USDJPY still stands, as the pair continues to test the 160.20–160.60 resistance zone. Traders are closely watching this area, as the last time the market reached it, the Bank of Japan warned about possible intervention to support the yen.

Iran says need to reassess talks with US following overnight clashes.The news from yesterday was that an Iranian drone shot down a US helicopter near the Strait of Hormuz. After which, the US moved to retaliate and hit 20 Iranian targets overnight in a three-stage strike.

Iran's Baghaei: Tehran needs to re-assess talks with the US following overnight clashes.Iran is signalling a tougher stance toward diplomacy with the US after the latest round of US-Iran military exchanges, with Foreign Ministry spokesperson Baghaei saying Tehran must "re-assess" its negotiations with the United States following overnight clashes. He also argued that continued ceasefire violations by Washington are damaging an already fragile diplomatic process.

Canadian Dollar: Downside risks versus USD with BoC on hold – Societe Generale.Canadian Dollar: Downside risks versus USD with BoC on hold – Societe Generale

Experts agree: Canadian Dollar's downside pressure may be about to ease.Experts agree: Canadian Dollar's downside pressure may be about to ease

Hungarian Forint: Softer CPI opens door to rate cuts – Commerzbank.Hungarian Forint: Softer CPI opens door to rate cuts – Commerzbank

US Dollar Index Price Forecast: Faces selling pressure ahead of US CPI data.US Dollar Index Price Forecast: Faces selling pressure ahead of US CPI data

India bond-tax moves to catalyse foreign debt inflows, bolster bid for global index inclusion.India's decision to exempt foreigners from taxes on government bonds and broaden access to the debt market is expected to make the country more attractive to overseas investors, catalyse ​fresh inflows and strengthen its case for inclusion in global indexes.

Global markets stay cautious as inflation and geopolitical concerns intensify.The GBP/USD pair traded in positive territory around 1.3390 during early European trading hours on Wednesday as investors positioned themselves ahead of key economic events, particularly the release of the US Consumer Price Index inflation report for May. Market activity remained relatively subdued at the start of the day, with traders awaiting inflation data from the US Bureau of Labor Statistics.

Copper: Mixed China signals and positioning shifts – ING.Copper: Mixed China signals and positioning shifts – ING

First Light News: Caught in the Crossfire – Tech Selloff, Middle East Escalation & a Pivotal US Inflation Print.Just when it appeared ceasefire negotiations might be edging towards some form of resolution, tensions have ratcheted up sharply once more.

Euro remains near two-month lows with all eyes on US CPI release.Euro remains near two-month lows with all eyes on US CPI release

Euro Stabilises After Sell-Off as Markets Await US CPI and Bank of Canada Meeting.The euro is showing signs of a modest recovery following a sharp decline triggered by a strong US employment report and increased demand for safe-haven assets amid escalating geopolitical tensions in the Middle East. Robust Nonfarm Payrolls data confirmed the resilience of the US labour market, allowing the dollar to strengthen against most major peers and reinforcing expectations that the Federal Reserve will maintain a restrictive policy stance.

Oil: Hormuz risks and hidden flows – Rabobank.Oil: Hormuz risks and hidden flows – Rabobank

Pound strengthens slightly against dollar despite geopolitical tensions.The GBP/USD currency pair traded in positive territory around 1.3390 during the early European session on Wednesday as investors positioned themselves ahead of key economic data releases from the United States and the United Kingdom. Market sentiment remained cautious, with traders awaiting the release of the US Consumer Price Index inflation report for May later in the day.

Euro flatlines against British Pound as traders brace for ECB rate decision.Euro flatlines against British Pound as traders brace for ECB rate decision

Euro strengthens against Japanese Yen due to ECB rate hike odds.Euro strengthens against Japanese Yen due to ECB rate hike odds

Japanese Yen: Weakens gradually against US Dollar toward 160.75 – UOB.Japanese Yen: Weakens gradually against US Dollar toward 160.75 – UOB

Why US CPI and Pce Inflation Figures Diverge.US PCE inflation has outstripped CPI inflation in recent months (in contrast to historical trends). This was especially the case for core inflation.

Inflation Releases to Take Centre Stage as Central Bank Meetings Loom.Focus today will be on inflation releases from the US, Norway and Denmark. These figures will set the tone ahead of the ECB monetary policy meeting tomorrow, as well as the Norges Bank and Fed decisions next week.

Fewer Swedes want to join euro, poll shows .Support in Sweden ​for adopting the ‌euro has declined over the past year, while ​a majority of Swedes ​opposes joining the currency ⁠used by ​a majority of ​European Union nations, a national statistics office ​poll showed ​on Thursday.

Norway's May core inflation rises unexpectedly to 3.4%.Norway's annual core inflation rate rose unexpectedly in May, ​Statistics Norway (SSB) data showed on Wednesday, supporting expectations ‌interest rates could increase further this year.

RBI likely intervenes to support rupee, conducts swaps, traders say.The Indian central bank likely intervened in the foreign exchange market on Wednesday to bolster the rupee, as maturing non-deliverable forward contracts created downward pressure. The Reserve Bank of India also reportedly utilized dollar-rupee buy/sell swaps for longer maturities, with state-run banks executing these trades on its behalf.

Sweden New Orders Manufacturing (YoY) up to 6.3% in April from previous -7.3%.Sweden New Orders Manufacturing (YoY) up to 6.3% in April from previous -7.3%

Sweden Industrial Production Value (YoY): 7.1% (April) vs 3%.Sweden Industrial Production Value (YoY): 7.1% (April) vs 3%

Sweden Industrial Production Value (MoM) rose from previous -2% to 4.2% in April.Sweden Industrial Production Value (MoM) rose from previous -2% to 4.2% in April

British Pound gains ground to near 1.3400 ahead of US CPI release.British Pound gains ground to near 1.3400 ahead of US CPI release