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Japan’s Mimura says will closely monitoring currency markets
Atsushi Mimura, Japan’s Vice Finance Minister for International Affairs and top foreign exchange official, said on Thursday that he will closely monitor the foreign exchange (FX) markets. Mimura also declined to comment on FX intervention and specific currency levels.Fxstreet
Thu, May 7
Australian Dollar edges lower ahead of Trade Balance data
AUD/USD inches lower after two days of gains, trading around 0.7230 during the Asian hours on Thursday. However, the Australian Dollar (AUD) may gain ground against the US Dollar (USD) amid hopes that the US and Iran were moving closer to an agreement to end the war.Fxstreet
Thu, May 7
South Korea: Gradual CPI rise keeps BoK cautious – ING
ING’s Senior Economist Min Joo Kang notes that South Korean inflation accelerated in April on higher energy prices, but government measures such as food vouchers, a gasoline price cap and frozen utility tariffs helped limit the increase.Fxstreet
Wed, May 6
Fed’s Goolsbee: Productivity's impact on inflation and interest rates could go in either direction
Austan Goolsbee, President of the Federal Reserve (Fed) Bank of Chicago, spoke at the 2026 Milken Institute Global Conference in California, United States, on Wednesday. He stated that the impact of rising productivity on inflation remains an active topic of debate among the Fed.
Fxstreet
Wed, May 6
ECB: Weak Eurozone PMIs reinforce stagflation risk – BNY
BNY highlights a broad Eurozone PMI downturn, with the composite back in contraction and services particularly weak, while producer prices and input costs re‑accelerate. The bank notes markets assume ECB policy cannot diverge much from peers, a view it challenges.
Fxstreet
Wed, May 6
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