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CANADA FX DEBT-Canadian dollar heads for fourth straight monthly gain as GDP beats estimates
Canadian dollar rises 0.4% against the greenbackHeads for longest monthly winning streak in four yearsFirst-quarter GDP rises 2.2%10-year yield steadies at 3.205%By Fergal Smith TORONTO, May 30 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Friday, and was headed for...Reuters
Fri, May 30
FOREX-Dollar mixed on tariff uncertainty, headed for monthly gain on yen
US inflation eased in AprilInvestors expect tariffs to remain in some formDollar poised for monthly gain against Japanese yen By Karen Brettell NEW YORK, May 30 (Reuters) - The dollar was mixed on Friday but on track for a monthly gain against the Japanese yen as investors factored in the likelih...Reuters
Fri, May 30
Deals of the day-Mergers and acquisitions
May 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday: ** Shale producer EOG Resources said it would acquire U.S. oil and gas firm Encino Acquisition Partners for $5.6 billion, including debt, to bolster its Utica assets.nL3N...Reuters
Fri, May 30
Mexican Peso gains as US PCE softens, consumer sentiment in focus
The Mexican Peso (MXN) is strengthening against the US Dollar (USD) in the early hours of the American session on Friday after the release of soft inflation data in the United States, with the pair remaining vulnerable to broader geopolitical risks.
Fxstreet
Fri, May 30
Canada first-quarter GDP expands by 2.2% annualized rate, beating estimates
Q1 GDP growth led by exports, business investmentsFinal domestic demand, household spending slowed Gross domestic product in March grows by 0.1%Markets bet 82% chance of pause in rates next week By Promit MukherjeeOTTAWA, May 30 (Reuters) - Canada's economy grew faster than expected in the first...Reuters
Fri, May 30
Turkey's Erdogan repeats opposition to interest rates, but says economic plan to continue
ANKARA, May 30 (Reuters) - Turkish President Tayyip Erdogan on Friday vowed to continue his opposition to interest rates, while saying Ankara was determined to press on with its current economic programme until all of its goals are achieved.Turkey had launched the programme to reverse the effects of...Reuters
Fri, May 30
ANALYSIS-Global economy's 'sugar rush' defies trade drama - for now
Global economy has performed better than expectedTrump's back-pedalling a reason for optimismEconomists warn outlook remains uncertainBy Francesco Canepa FRANKFURT, May 30 (Reuters) - For all the drama surrounding U.S. President Donald Trump's trade tariffs, the world economy is holding u...Reuters
Fri, May 30
CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie CAD= was trading 0.1% higher at C$1.3793 to the greenback, or 72.5 U.S. cents, after trading in a range of 1.3788 to 1.3829.Canadian government 10-year bond yields CA10YT=...Reuters
Fri, May 30
Turkey's Erdogan repeats opposition to interest rates, but says economic programme to continue
ANKARA, May 30 (Reuters) - Turkish President Tayyip Erdogan on Friday vowed to continue his opposition to interest rates, while saying Ankara was determined to press on with its current economic programme until all of its goals are achieved.Speaking at a Global Islamic Economy Summit in Istanbul, Er...Reuters
Fri, May 30
HEDGE FLOW-Hedge fund investors want managers who trade macro, says SocGen survey
By Nell MackenzieLONDON, May 30 (Reuters) - Hedge funds that trade on big macroeconomic market swings have become a top pick for investors, according to a Societe Generale SOGN.PA survey of 322 firms, against a backdrop of global markets roiled by tariff uncertainty and stop-start trade wars. Half o...Reuters
Fri, May 30
JPY outperforming as Tokyo CPI firms expectations for continued BoJ tightening – Scotiabank
Japanese Yen (JPY) is strong and outperforming all of the G10 currencies, entering Friday’s NA session with a 0.3% gain against the US Dollar (USD), Scotiabank's Chief FX Strategist Shaun Osborne notes.
Fxstreet
Fri, May 30
USD/CAD consolidates within previous ranges, with 1.3835 holding bulls
The US Dollar is clinging to minor gains on Friday, with price action wavering within previous day’s ranges and the 4-hour RSI flat around the 50 level, which signals a lack of clear bias.The Dollar whipsawed on Thursday before closing the day with a 0.2% decline, as a federal court paused a previouFxstreet
Fri, May 30
