Italy Trade Balance non-EU: €3.843B (May) vs previous €3.846B

US Dollar: Breather not reversal – OCBC

OCBC’s FX strategists Sim Moh Siong and Christopher Wong note the US Dollar (USD) rally has paused as global risk appetite improves, but highlight that sticky United States (US) inflation and steady labour data keep hawkish Federal Reserve (Fed) risks alive.
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South Korean Won bounces from lows at 1,550 USD in a suspected intervention

The Korean Won (KRW) trades higher on Friday after a knee-jerk reaction at the 1,550 level against the US Dollar (USD), triggering speculation about an intervention by the South Korean Ministry of Finance.
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