Tech led a sharp sell-off, then rebounded; broader market strengthened as investors rotated into defensive sectors.
EUR/GBP steady near 0.8625 as markets await ECB hike; BoE cautious, UK GDP may sway expectations.
Markets subdued ahead of US May CPI and BoC decision, as geopolitical tensions and currency moves keep traders cautious.
EUR/JPY nears 185.30 as ECB rate hike looms; guidance key, while rising Japan PPI fuels BoJ volatility.
UOB expects USD/JPY to stay range-bound near term, mildly bullish toward 160.75 amid rate divergence.
Sweden’s manufacturing orders rebounded to 6.3% in April, signaling recovery, boosting OMX hopes and SEK strength.
Sweden’s industrial output value surged 7.1% in April, boosting krona bets, hawkish Riksbank outlook, OMX optimism.
Sweden’s industrial output surged 4.2% in April, boosting SEK and equities, ahead of volatile June Riksbank.
GBP/USD firms near 1.3390; traders await US CPI and UK GDP amid BoE shift and Iran tensions.
Rupee strengthens despite Middle East tensions and rising oil; FII outflows and US CPI keep USD/INR volatile.
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