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Boe's Breeden: We Can’t Wait Forever, But We Don’t Need to Do It in June or July
Bank of England (BoE) Deputy Governor Sarah Breeden said that the central bank is in a good place to be able to watch what’s happening in the economy, the Financial Times reported on Thursday. Breeden added that the BoE can’t wait forever, but it doesn’t need to do it in June or July.Fxstreet
Thu, May 14
Chinese Yuan Reaches Three-Month Highs as Trump-Xi Meeting Begins
USD/CNH continues its losing streak that began on April 30, reached a 39-month low of 6.7815, and is now trading around 6.7850 during the Asian hours on Thursday. Traders adopted a cautious stance as the high-stakes summit between Presidents Donald Trump and Xi Jinping began in Beijing.Fxstreet
Thu, May 14
BoJ’s Masu warns Iran war energy shock could hit Japan harder than 1973 oil crisis
Bank of Japan (BoJ) policy board member Kazuyuki Masu said on Thursday that the impact of Iran war-driven energy shock on Japan’s economy may be more severe than 1973 oil crisis, risk requires attention.Fxstreet
Thu, May 14
UK GDP growth leap in Q1 may mask potential slowdown due to Iran war
The United Kingdom’s (UK) Office for National Statistics will release the preliminary estimate of the first quarter’s Gross Domestic Product (GDP) report on Thursday. Market analysts have anticipated a 0.6% growth in the three months to March, after a meager 0.1% advance in the last quarter of 2025.
Fxstreet
Thu, May 14
Euro Recovers Above 1.1700 as ECB Rate Hike Expectations Counter Stronger US PPI
The EUR/USD pair recovers some lost ground to near 1.1720 during the early Asian session on Thursday. The Euro (EUR) edges higher against the US Dollar (USD) on hawkish signals by European Central Bank (ECB) officials.
Fxstreet
Thu, May 14
US President Donald Trump visits China against backdrop of Iran war
US President Donald Trump arrived in Beijing for a state visit to China, where he will meet with Chinese President Xi Jinping to discuss topics including trade and the Iran war, Bloomberg reported on Wednesday. This is the first state visit to China by a US leader in nine years.
Fxstreet
Wed, May 13
Singapore Dollar: Consolidation with preference to sell rallies – OCBC
OCBC’s Christopher Wong notes USD/SGD has risen with broader USD/AXJ but the move has been milder, reflecting Singapore Dollar's (SGD) lower beta. Wong observes fading bearish momentum and moderated RSI, suggesting two-way trade.
Fxstreet
Wed, May 13
ECB’s Lane: Current energy shock is unfolding in a less demand-supportive environment
Philip Lane, Member of the European Central Bank (ECB), told an audience in London on Wednesday that the propagation of the Iran shock may be more contained than in 2022, but stronger and faster than historical averages.Fxstreet
Wed, May 13
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