# Forex Major Currencies Outlook (June 09, 2016) Source: https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-09-2016/ Language: en Updated: 2016-06-09 Description: Explore Forex Major Currencies Outlook (June 09, 2016). USDThe US. Trade Forex and CFDs on MT4 and MT5 with tight spreads, flexible leverage and fast funding. **USD** The US dollar lost further ground to its peers as risk appetite was present in the financial markets. Data from the US was stronger than expected, as the JOLTS job openings rose from 5.67M to 5.79M to indicate improved hiring momentum. Only the initial jobless claims report is lined up for today and a 269K reading is eyed. **EUR** The euro managed to regain its footing even though there were no major reports out of the euro zone, allowing the shared currency to benefit from funds moving out of the UK economy. French non-farm payrolls and German trade balance numbers are up for release next but traders could pay closer attention to ECB head Draghi’s testimony. **GBP** The pound was once again sold off when a few polls indicated a lead in favor of those voting to exit the EU. Data from the UK was actually stronger than expected with manufacturing production up 2.3% versus the projected flat reading. There are no major reports due from the UK economy today. **CHF** The franc was able to extend its gains to the dollar and other European currencies but was mostly weaker against the comdolls. Swiss CPI came in below expectations with a 0.1% uptick in price levels versus the projected 0.2% increase. The Swiss jobless rate is due today and no change from the 3.5% reading is eyed. **JPY** The yen was mostly weaker due to risk-taking but managed to regain ground in the Asian trading session. Data from Japan was weaker than expected as core machinery orders slipped by 11.0% while the lower than expected Chinese CPI also brought risk aversion back. **Commodity Currencies (AUD, NZD, CAD)** The Kiwi got a strong boost from the RBNZ decision when the central bank refrained from cutting interest rates while the Loonie got a boost from a reduction in US oil inventories. However, the Aussie was slightly weaker when the Chinese CPI landed at 2.0% versus the projected 2.3% reading. PPI came in better than expected at -2.8% versus the estimated -3.1% reading. *By Kate Curtis from Trader’s Way* ## Structured data JSON-LD as served in the HTML version of this page. ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Article", "@id": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-09-2016/#primary", "url": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-09-2016/", "mainEntityOfPage": "https://www.tradersway.com/resources/market-info/forex-major-currencies-outlook-june-09-2016/", "headline": "Forex Major Currencies Outlook (June 09, 2016)", "inLanguage": "en", "datePublished": "2016-06-09T07:21:51+00:00", "dateModified": "2016-06-09T07:21:51+00:00", "articleSection": "Market Info", "description": "Explore Forex Major Currencies Outlook (June 09, 2016). USDThe US. 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