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British Pound trades flat as cooling UK inflation, Iran tensions cap upside
The GBP/USD pair holds steady around 1.3435 during the Asian trading hours on Thursday. However, a sharp slowdown in UK inflation and uncertainty surrounding US–Iran talks could weigh on the British Pound (GBP) against the US Dollar (USD).
Fxstreet
Thu, May 21
Australian Dollar falls toward 0.7100 as Unemployment Rate climbs in April
AUD/USD depreciates after registering over 0.5% gains in the previous day, trading around 0.7120 during the Asian hours on Thursday. The pair depreciates as the Australian Dollar (AUD) declines following the release of softer Australian labor market data.
Fxstreet
Thu, May 21
Australian Dollar slides back closer to one-week low vs NZD on dismal Aussie jobs report
The AUD/NZD cross meets with a fresh supply during the Asian session on Thursday and slides closer to the previous day's low, around the 1.2150 region in reaction to the disappointing Australian employment data.
Fxstreet
Thu, May 21
Euro flatlines above 1.1600 amid hawkish Fed stance, Iran deal uncertainty
The EUR/USD pair trades flat near 1.1625 during the early Asian session on Thursday. The potential upside for the major pair might be limited, as uncertainty surrounding US–Iran talks could boost the safe-haven assets.
Fxstreet
Thu, May 21
Australian Dollar Softens to Near 0.7150 on Weak Pmis, US Iran Tensions
The AUD/USD pair loses ground to near 0.7150 during the early Asian session on Thursday. The downbeat Australian economic data and safe-haven flows weigh on the Australian Dollar (AUD) against the US Dollar (USD).Fxstreet
Thu, May 21
Pound Sterling shrugs off its own disinflation
Pound Sterling did something faintly absurd on Wednesday. Hours after data showed UK inflation cooling faster than anyone expected, and with the Bank of England (BoE) governor sounding notably dovish in an afternoon speech, the pound rallied anyway.Fxstreet
Wed, May 20
New Zealand Dollar rises as improving market sentiment pressures the US Dollar
The NZD/USD pair climbs toward the 0.5870 region on Thursday as the United States (US) Dollar (USD) weakens amid improving market sentiment linked to renewed US-Iran negotiations and a softer safe-haven tone following the latest Federal Open Market Committee (FOMC) Minutes.
Fxstreet
Wed, May 20
Euro rebounds as Iran-US talks weigh on the US Dollar
The Euro seems to have bottomed below 1.1600 and has edged higher during the day amid growing speculation of a US-Iran deal and a hawkish Federal Reserve at April’s monetary policy meeting. The EUR/USD exchange rate is trading at 1.1622, up 0.19%.Fxstreet
Wed, May 20
EUR/USD Price Forecast: 1.1600 support holds as bearish momentum lingers
EUR/USD stages a modest rebound on Wednesday as a pullback in US Treasury yields limits further upside in the US Dollar (USD), while the Euro (EUR) draws support from the latest Eurozone inflation data, which strengthened expectations that the European Central Bank (ECB) could raise interest rates s
Fxstreet
Wed, May 20
Australian Dollar rises ahead of key Australian employment data
The AUD/USD pair rose near the 0.7150 region on Wednesday as the United States (US) Dollar (USD) continued to strengthen following upbeat US labor market data from Tuesday. Traders now turn their attention to the upcoming Australian employment report.Fxstreet
Wed, May 20
Canadian Dollar remains pressured as hawkish Fed bets and Iran tensions support the US Dollar
USD/CAD trades with a mild upside bias on Wednesday, supported by a firmer US Dollar (USD), while a modest pullback in Crude Oil prices weighs slightly on the commodity-linked Canadian Dollar (CAD). At the time of writing, the pair is trading around 1.3760, hovering near one-month highs.British Pound outperforms Euro as traders reassess ECB and BoE outlook after inflation data
The Euro (EUR) weakens against the British Pound (GBP) on Wednesday, with EUR/GBP extending losses for a third consecutive day as traders digest the latest inflation data from both the United Kingdom and the Eurozone.
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