Australia ANZ Job Advertisements: -1.2% (May) vs previous 0.5%

Jun 2, 2025

EUR/USD rises toward 1.1400 as Trump threatens to double import tariffs on steel, aluminum

EUR/USD retraces its recent losses registered in the previous session, trading around 1.1370 during the Asian hours on Monday. The pair appreciates as the US Dollar (USD) struggles as the US Court of Appeals, on Thursday, ruling allowing US President Donald Trump's tariffs to take effect.

USD/INR gains momentum on RBI rate cut bets

The Indian Rupee (INR) extends the decline on Monday. A rise in crude oil prices drags the Indian currency lower. It’s worth noting that India is the world's third-largest oil consumer, and higher crude oil prices tend to have a negative impact on the INR value.