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Mexican Peso hits YTD high as US CPI miss, tariff truce sink USD
The Mexican Peso (MXN) rallied to a new year-to-date (YTD) high against the US Dollar (USD) after a softer-than-expected inflation report in the United States (US) weighed on the Greenback. Also, an improvement in risk appetite boosted the emerging market (EM) currency’s appeal.
Fxstreet
26 minutes ago
NZD/USD rallies as Dollar Eases on Trade Uncertainty and CPI Miss
NZD/USD trades around the 0.5900 level during the North American session on Tuesday, benefiting from a softer US Dollar (USD) and improving risk sentiment. US President Donald Trump dominated headlines, reiterating his aggressive stance on trade and investment policies.
Fxstreet
42 minutes ago
NZD/JPY Price Analysis: Pair Steadies with Bullish Tone Ahead of Asian Session
The NZD/JPY pair has seen a strong upside push, trading near the 87.50 zone with around 0.80% gains ahead of the Asian session on Tuesday. The pair is positioned mid-range within its recent fluctuation, reflecting a steady bullish tone as traders assess broader risk sentiment.Fxstreet
an hour ago
CANADA FX DEBT-Canadian dollar rebounds as investors cheer Carney cabinet pick
Canadian dollar gains 0.2% against the greenbackCarney picks former banker for natural resourcesPrice of U.S. oil settles 2.8% higherBond yields rise across a steeper curveBy Fergal Smith TORONTO, May 13 (Reuters) - The Canadian dollar recovered from a one-month low against its U.S. counterpart o...Reuters
3 hours ago
FOREX-Dollar falls after cooler-than-expected consumer price data
U.S. CPI slightly below estimatesTariffs still likely to impact inflationSeveral brokerages cut recession outlookBy Chuck Mikolajczak NEW YORK, May 13 (Reuters) - The dollar retreated on Tuesday, giving back some of its sharp gains a day earlier after an inflation reading came in below market exp...Reuters
4 hours ago
AUD/USD surges to 0.6470 as soft US CPI and tariff truce lift sentiment
The Australian Dollar (AUD) is trading sharply higher against the US Dollar (USD) on Tuesday, with AUD/USD rising to 0.6470, up nearly 1.5% intraday, as a combination of improved global sentiment and softer US Consumer Price Index (CPI) data boosts demand for risk-sensitive currencies.Fxstreet
5 hours ago
EUR/USD Price Analysis: Euro climbs toward 1.1200 as bullish sentiment builds
The EUR/USD pair advanced on Tuesday, trading near the 1.1200 zone after the European session, reflecting a strong bullish tone as the market approaches the Asian session. Price action remains near the top of the daily range, suggesting that buyers maintain control despite mixed momentum readings.
Fxstreet
7 hours ago
GBP/USD rebounds on soft CPI, boosting Fed cut bets
The Pound Sterling recovered from Monday’s losses and climbed over 0.35% against the Greenback after the latest inflation report in the United States (US) kept traders' hopes high for further easing by the Federal Reserve. The GBP/USD trades at 1.3226 after bouncing of a daily low of 1.3165.
Fxstreet
7 hours ago
EUR/GBP under pressure as ECB–BoE policy gap widens ahead of key data
The Euro (EUR) remains under pressure against the British Pound (GBP) on Tuesday as diverging monetary policy expectations between the European Central Bank (ECB) and the Bank of England (BoE) continue to drive sentiment.
Fxstreet
7 hours ago
FOREX-Dollar eases after cooler than expected CPI
US CPI slightly below estimatesTariffs still likely to impact inflationSeveral brokerages cut recession outlookBy Chuck Mikolajczak NEW YORK, May 13 (Reuters) - The dollar retreated on Tuesday, pulling back from sharp gains in the prior session after a reading on inflation was less than market ex...Reuters
7 hours ago
CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% lower at C$1.3982 to the greenback, or 71.52 U.S. cents, after trading in a range of 1.3959 to 1.4001.Canadian government 10-year bond yields CA10YT=RR ...Reuters
9 hours ago
FOREX-Dollar retains gains, yuan higher after US-China trade pact
China's yuan climbs to six-month highDollar also at forefront of relief rallyYen, euro suffer steep lossesBy Rae Wee and Linda Pasquini SINGAPORE/GDANSK, May 13 (Reuters) - The dollar on Tuesday held most of the previous session's gains as the market stayed optimistic a tariff deal betwee...Reuters
10 hours ago
CAD trading defensively as wider yield spreads remain a drag – Scotiabank
The Canadian Dollar (CAD) is entering Tuesday’s NA session with a marginal decline vs. the US Dollar (USD) as it continues to trade defensively in the aftermath of Monday’s broad-based USD rally, Scotiabank's Chief FX Strategist Shaun Osborne notes.Fxstreet
10 hours ago