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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
Japanese life insurers cut protection against stronger Yen to fresh 14-year low - Bloomberg
Japanese life insurers cut protection for their foreign assets against a stronger Japanese Yen (JPY) to a fresh 14-year low, signaling subdued expectations of a sustained rally in the JPY, per Bloomberg.
Fxstreet
Thu, May 29
GBP/USD recovers 1.35 ahead of key US inflation data
GBP/USD made a choppy relief rally on Thursday, jumping back into the 1.3500 handle as markets gear up for the latest batch of United States (US) Personal Consumption Expenditure Price Index (PCE) inflation figures due on Friday.
Fxstreet
Thu, May 29
FOREX-US dollar drops as investors prepare for court battle on tariffs
Tariff concerns weigh on US currencyJobless claims rise in latest weekFiscal issues remain in focus as Congress works on tax and spending billBy Karen Brettell NEW YORK, May 29 (Reuters) - The dollar fell on Thursday as investors prepared for U.S. President Donald Trump to battle a U.S. trade cou...Reuters
Thu, May 29
US appeals court reinstates Trump tariffs, sowing market confusion
Markets show little reaction to appeal rulingUS stocks up but off earlier highsEuro STOXX 600 index reverses rally, closes modestly lowerBy Stephen Culp, Rocky Swift and Ankur Banerjee NEW YORK, May 29 (Reuters) - A U.S. appeals court reinstated President Donald Trump's sweeping tariffs on Th...Reuters
Thu, May 29
Deals of the day-Mergers and acquisitions
May 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Thursday:** Buyout firm Thoma Bravo is exploring a $3 billion-plus sale of Apryse, after receiving interest from potential buyers of the document processing software provider, people familiar with...Reuters
Thu, May 29
EUR/JPY rises ahead of Japan’s CPI, German Retail Sales data
The Euro (EUR) is strengthening against the safe-haven Japanese Yen (JPY) on Thursday, ahead of Japan’s upcoming inflation data and Germany’s Retail Sales data. At the time of writing, the pair trades at 163.83, up 0.17% in the day.
Fxstreet
Thu, May 29
EUR/USD rebounds sharply as soft US jobs, GDP data sink US Dollar
The EUR/USD rallies after hitting a weekly low of 1.1210, edging up over 0.70% on Thursday as jobs economic data from the United States (US) came in softer, weakening the US Dollar, which is also undermined by falling US yields. At the time of writing, the pair trades at 1.1376.
Fxstreet
Thu, May 29
FOREX-Dollar drops as investors prepare for court battle on tariffs
Tariff concerns weigh on US currencyJobless claims rise in latest weekFiscal issues remain in focus as Congress works on tax and spending billBy Karen Brettell NEW YORK, May 29 (Reuters) - The dollar fell on Thursday as investors prepared for U.S. President Donald Trump to battle a U.S. trade cou...Reuters
Thu, May 29
CANADA FX DEBT-Canadian dollar gains as investors weigh US court ruling on tariffs
Canadian dollar gains 0.2% against the greenbackTrades in a range of 1.3786 to 1.3861Current account deficit narrows to C$2.13 billionBond yields ease across the curveBy Fergal Smith TORONTO, May 29 (Reuters) - The Canadian dollar strengthened against its U.S. counterpart on Thursday as some inve...Reuters
Thu, May 29
Bank of Mexico's rate decision marked by trade policy pressures, minutes show
By Natalia Siniawski MEXICO CITY, May 29 (Reuters) - All of the Bank of Mexico's five governing board members agreed in the monetary authority's most recent rate decision that the period had been marked by high uncertainty due to trade policy announcements worldwide, minutes published on ...Reuters
Thu, May 29
Bank of Mexico's rate decision marked by trade policy pressures, minutes show
MEXICO CITY, May 29 (Reuters) - All of the Bank of Mexico's five governing board members agreed in the monetary authority's most recent rate decision that the period has been marked by high uncertainty due to trade policy announcements worldwide, minutes published on Thursday showed."Som...Reuters
Thu, May 29
