News
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EUR/GBP holds losses near 0.8400 following German Retail Sales, eyes on CPI data
EUR/GBP edges lower after registering more than 0.50% gains in the previous session, trading around 0.8420 during the Asian hours on Friday. The currency cross holds losses following the release of Germany’s Retail Sales data.
Fxstreet
Fri, May 30
FOREX-Dollar poised for fifth monthly drop on trade, fiscal uncertainty
Upbeat Tokyo core inflation underpins yen Fed's preferred PCE inflation data awaitedDollar index set for fifth-straight monthly declineBy Johann M Cherian SINGAPORE May 30 (Reuters) - The U.S. dollar wobbled on Friday, heading for its fifth-straight monthly decline as traders braced for furth...Reuters
Fri, May 30
EUR/JPY Price Forecast: Bullish tone remains in play above 163.00
The EUR/JPY cross attracts some sellers to around 163.25 during the early European session on Thursday. The Japanese Yen (JPY) strengthens against the Euro (EUR) amid rising expectations that the Bank of Japan (BoJ) will continue raising interest rates this year.
Fxstreet
Fri, May 30
Trump spurs questions about safety of Germany's gold in New York
Germany has stored gold in New York since Cold WarLawmakers worry about Trump's reliabilityAny move could hurt relations with FedBy Francesco Canepa, Maria Martinez and John O'Donnell FRANKFURT/BERLIN, May 30 (Reuters) - The safety of Germany's gold reserves held overseas and in New Y...Reuters
Fri, May 30
China's yuan looks set for monthly rise, investors await clarity on Trump's trade policy
SHANGHAI, May 30 (Reuters) - China's yuan was largely steady against the dollar on Friday as investors stood sidelined awaiting more clarity on U.S. President Donald Trump's trade policy following conflicting court rulings on his sweeping tariffs.A federal appeals court temporarily reinstate...Reuters
Fri, May 30
Australia, NZ dollars subdued as data disappoint
By Wayne Cole SYDNEY, May 30 (Reuters) - The Australian and New Zealand dollars were headed on Friday for a subdued end to the week as domestic economic news proved disappointing, while chaos in U.S. tariff policy kept risk appetite restrained.The Aussie took a knock when data showed retail sales...Reuters
Fri, May 30
EUR/USD edges lower to mid-1.1300s; looks to US PCE Price Index for fresh impetus
The EUR/USD pair struggles to capitalize on the previous day's solid bounce from the 1.1200 neighborhood, or a one-and-a-half week low, and trades with a mild negative bias during the Asian session on Friday.Fxstreet
Fri, May 30
USD/INR trades with mild losses ahead of India GDP, US PCE releases
The Indian Rupee (INR) gains ground on Friday, snapping the three-day losing streak. The downbeat US economic data and concerns that a US court ruling would change the outlook for US tariffs undermine the US Dollar (USD).Fxstreet
Fri, May 30
FOREX-Dollar poised for fifth-straight monthly drop on trade, fiscal uncertainty
Upbeat Tokyo core inflation underpins yen Fed's preferred PCE inflation data awaitedDollar index set for fifth-straight monthly declineBy Johann M Cherian SINGAPORE May 30 (Reuters) - The U.S. dollar softened on Friday, heading for its fifth-straight monthly decline as traders braced for furt...Reuters
Fri, May 30
Australian Dollar remains subdued as monthly Retail Sales fall in April
The Australian Dollar (AUD) edges lower against the US Dollar (USD) on Friday, retracing its recent gains from the previous session. The AUD/USD pair remains subdued following the release of disappointing economic data from Australia.
Fxstreet
Fri, May 30
AUD/USD gathers strength to near 0.6450 amid renewed tariff concerns
The AUD/USD pair gains ground to near 0.6445 during the early Asian session on Friday. The US Dollar (USD) edges lower against the Australian Dollar (AUD) due to the resurgence of trade uncertainty and disappointing US economic data.Fxstreet
Fri, May 30
