News
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EUR/JPY eases from YTD peak, up a little around 164.30 ahead of Eurozone CPI
The EUR/JPY cross builds on the previous day's blowout rally following the Bank of Japan's (BoJ) policy decision and touches a fresh year-to-date top, around the 164.60-164.65 region during the Asian session on Friday.
Fxstreet
Fri, May 2
US Dollar Index Price Forecast: Hovers near 100.00 after breaking above descending channel
The US Dollar Index (DXY), which tracks the performance of the US Dollar (USD) against a basket of six major currencies, is losing ground after registering gains in the previous three successive sessions, trading near 100.10 at the time of writing.Fxstreet
Fri, May 2
Asian stocks rise on signs of easing Sino-US trade tensions
Asian stock markets and U.S. futures rose on Friday as signs of possible trade talks between the U.S. and China lifted risk sentiment after lacklustre earnings from tech bellwethers Apple and Amazon fuelled worries about the impact of tariffs.Reuters
Fri, May 2
Oil prices rise as China says it's open for trade talks with US
Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world's two largest economies.
Reuters
Fri, May 2
Spotify submits app update to Apple with external link for purchases in US
Spotify SPOT.N said on Thursday it has submitted an app update to Apple AAPL.O with an external link to buy subscriptions, after a U.S. judge ruled that the iPhone maker violated the order that required it to allow greater competition for app downloads.
Reuters
Fri, May 2
EUR/USD holds below 1.1300 on firmer US Dollar, all eyes on US NFP data
The EUR/USD pair softens to around 1.1290 during the early Asian session on Friday. The US Dollar (USD) edges higher against the Euro (EUR) amid optimism about a de-escalation in the global trade conflict. All eyes will be on the US April Nonfarm Payrolls (NFP) report, which is due later on Friday.
Fxstreet
Thu, May 1
PRECIOUS-Gold hits two-week low as easing trade tensions boost risk appetite
Trump says he has 'potential deals' with India, South Korea and JapanUS economy shrinks in first quarter of fiscal 2025US nonfarm payroll report due on FridayWeaker payroll report may push gold to $3,500 over the coming months, analyst saysBy Anmol Choubey May 1 (Reuters) - Gold fell near...Reuters
Thu, May 1
BOJ keeps rates steady, cuts growth forecasts on US tariff hit
BOJ keeps interest rate steady at 0.5% as widely expectedBoard cuts growth forecasts in quarterly reportBOJ delays projected timing of hitting target by a yearUeda says BOJ still on course for further rate hikesWarns of shaky baseline scenario, huge uncertaintyBy Leika Kihara and Makiko Yamazaki ...Reuters
Thu, May 1
WTI falls toward $57.00 due to concerns over OPEC+ supply increase, weakening demand
West Texas Intermediate (WTI) crude Oil price is extending its losing streak for a fourth consecutive session on Thursday, trading around $57.20 per barrel during European hours. Oil prices have fallen to their lowest level in three weeks, weighed down by concerns over a potential supply increase..Fxstreet
Thu, May 1
Japan's Nikkei climbs as BOJ signals longer road to rate hikes
TOKYO, May 1 (Reuters) - Japan's Nikkei share average rose on Thursday, extending early gains after the Bank of Japan slashed growth and inflation forecasts in a sign it would take longer than previously expected to raise interest rates again.Reuters
Thu, May 1
Airbus urges return to zero-tariff deal as first quarter beats forecasts
PARIS, April 30 (Reuters) - The head of Europe's Airbus AIR.PA called for a return to tariff-free trading for aerospace on Wednesday, joining a chorus of U.S. industry leaders seeking relief from a growing tariff war in which Airbus warned there could be "only losers".Reuters
Thu, May 1
